The theory at least: > If wages increase with inflation, and if the borrower already owed money before the inflation occurred, the inflation benefits the borro

The theory at least: > If wages increase with inflation, and if the borrower already owed money before the inflation occurred, the inflation benefits the borrower. This is because the borrower still owes the same amount of money, but now they more money in their paycheck to pay off the debt. This results in less interest for the lender if the borrower uses the extra money to pay off their debt early. * https://www.investopedia.com/ask/answers/111414/does-inflation-favor-lenders-or-borrowers.asp https://www.investopedia.com/ask/answers/111414/does-inflati... (The article mentions some benefits to lenders too.)