It also erases the debt for the people who have it. And quite many people in the US have enormous amounts of household debt: https://en.wikipedia.org/wiki/House

It also erases the debt for the people who have it. And quite many people in the US have enormous amounts of household debt: https://en.wikipedia.org/wiki/Household_debt#United_States https://en.wikipedia.org/wiki/Household_debt#United_States Inflation (in controlled amounts) can act as a redistribution mechanism between debtors and creditors (basically a way to lessen the huge inequality gap we have today).