Inflation hits everybody, but it hits people with bad market timing a lot more than people with good market timing. That means the dumb rich are the biggest lo

Inflation hits everybody, but it hits people with bad market timing a lot more than people with good market timing. That means the dumb rich are the biggest losers, the smart rich are the biggest winners, and the poor (who don't have the luxury of choosing how to time the market on most things) also generally lose.