> Generally inflation is good for the poor and bad for the rich (generally pensioners and students), it's considered redistributive actually. How so? Interest

> Generally inflation is good for the poor and bad for the rich (generally pensioners and students), it's considered redistributive actually. How so? Interest rates for student loan/mortgage debt always outpace inflation, and the poor don't usually have enough spare cashflow to invest in inflation-busting vehicles like the rich routinely do. Not to mention that while prices rise, minimum wages (and wages in general) usually remain frozen, so your purchasing power shrinks year-on-year without risky moves like changing jobs.