In the long-term, sure, it may have some wealth transfer effects. But in the short term it's tragic for most people. Interest rates through the roof. Inadequat

In the long-term, sure, it may have some wealth transfer effects. But in the short term it's tragic for most people. Interest rates through the roof. Inadequate incomes. Etc. Or to borrow a meme, "periods of high inflation have been great for the middle class" said nobody ever.