> It inflates away savings, which the rich definitionally have more of than the poor. The rich do not have savings they have assets that generate income thats

> It inflates away savings, which the rich definitionally have more of than the poor. The rich do not have savings they have assets that generate income thats not taxed the poor have savings like pensions as they need money to support them if they are unable to work. > It inflates away debts, which the poor definitionally have more of than the rich. This is baseless inflation increases debt as the value of the debt has not increased but the amount of money you have to pay back does, because of inflation.