This generalization is incorrect. With high inflation hard assets and commodities appreciate. Payroll goes down relative to price of goods (revenue) so many sec

This generalization is incorrect. With high inflation hard assets and commodities appreciate. Payroll goes down relative to price of goods (revenue) so many sectors benefit. And it's a fire-sale for people with savings waiting for a big dip. Source, I lived through high/hyper inflation and was educated on this topic by rich people there.