It can be argued that a higher than average rate of inflation will benefit students if they spend to proceeds their student loans quickly, given that the real value of their repayments will be less due to the changing value of money? Given that higher inflation is normally associated with lower unemployment would this situation not be the best of all worlds for students as it may help them to get jobs more easily on graduating from university? Discuss the implications of inflation and long term effects towards under-developed countries ,Select any one country of your own.