2 ms·

Inflation hurts the poor the most, or is that what you are saying?

• pjc50 4y ago
  Inflation hurts people who are least able to negotiate wage increases the best, yes. This is why it tends to be bad for the less well off. It's great for professionals with mortgages; it also tends to be great for people with hereditary wealth, since that's often tied up in land and businesses. However this has a lot more to do with the supply of oil and gas than the number of banknotes in circulation.