> is good for the debtor and bad for the lender. This is a huge myth propagated by economic planners who have never been poor. Typically, the poor don't have

> is good for the debtor and bad for the lender. This is a huge myth propagated by economic planners who have never been poor. Typically, the poor don't have debt at all due to no access to banking services, and when they do have access to debt it's a double digit interest rates on short-term revolving basis. Inflation does not help that situation at all. The idea that the rich have no debt is total nonsense. Most of the wealthy make money off of debt-based instruments. For example, trading on margin, shorting, options calls and puts, forex trading, all depend on low interest rates/expanding money supply to make long-term speculative adventures worthwhile. It is, indeed, low interest loans, over the long term, which are the most helped by inflation.