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by rrrrrrrrrrrryan 1684 days ago
Poor people often have a negative net worth. If both inflation and wages are rising, it makes their debts easier to pay off.

I'm not arguing that inflation is good for poor people, just that "Inflation = Bad" is reductionist. There are winners and losers with inflation, and the lives of most individuals are affected in nuanced ways, both positively and negatively.