Not trying to be pithy. I'm saying that in a country where 80% of the population are net-debtors[1], inflation constitutes downward wealth redistribution, wher

Not trying to be pithy. I'm saying that in a country where 80% of the population are net-debtors[1], inflation constitutes downward wealth redistribution, whereas it would constitute upward wealth redistribution in a country (conceivable, but seemingly unlikely) in which the wealthy borrow while the poor lend. [1] -- http://www.cnbc.com/2015/07/29/eight-in-10-americans-are-in-debt.html http://www.cnbc.com/2015/07/29/eight-in-10-americans-are-in-...