I don't see your point. I guess you assume inflation will also translate the higher wages so that people would be able to pay off their debt? Inflation will le

I don't see your point. I guess you assume inflation will also translate the higher wages so that people would be able to pay off their debt? Inflation will lead to higher rates so you won't be able to refinance or get a cheap mortgage. This will drive home prices down which may or may not offset the increase in interest expense. Here's credit card debt based on income. I'm guessing most of this debt is a kind of rolling balance for regular expenses. I doubt wages would be able to keep up w/ consumer prices. I don't think people think inflation will somehow get them out of their debt if they're using it for every day purchases that have now become more expensive $290,000 and more – $12,600 $152,000 to $290,999 – $9,780 $95,00 to $151,999 – $6,990 $59,000 to $94,999 – $4,910 $35,000 to $58,999 – $4,650 Less than $34,999 – $3,830 https://www.debt.org/faqs/americans-in-debt/demographics/ https://www.debt.org/faqs/americans-in-debt/demographics/