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Wrong. Inflation is a way to tax lenders, and reward debtors who get to repay their debts with less valuable currency. As the poor and middle class are more lik
by rowls66 6y ago
Wrong. Inflation is a way to tax lenders, and reward debtors who get to repay their debts with less valuable currency. As the poor and middle class are more likely to be net debtors, they tend to benefit from inflation.