3 ms·
I don't think it's that simple - inflation is also especially beneficial to debtors which is more of an upper middle class or professional/managerial phenomenon
by SuoDuanDao 4y ago
I don't think it's that simple - inflation is also especially beneficial to debtors which is more of an upper middle class or professional/managerial phenomenon. The truly rich would likely have a cash buffer that gets eroded by inflation same as the typical person's wage.