Not sure if this is tongue in cheek, but no. Inflation relatively benefits those who have a higher percentage of their net worth in assets than cash (i.e. the r

Not sure if this is tongue in cheek, but no. Inflation relatively benefits those who have a higher percentage of their net worth in assets than cash (i.e. the rich). It also benefits those who have a lot of debt. Before the Fed got into the habit of keeping artificially low interest rates as a means to originate inflation (and fund Congress), this might have benefited the poor (at least those credit-worthy enough to take on meaningful debt). But now, the depreciation of debts in an inflationary environment also tends to disproportionally benefit the wealthy, who have easy access to cheap credit and frequently use it.