[darkerside]

I don't see how inflation favors debt holders. That money you lent out us paying back at a fixed rate over time. Meanwhile, inflation means rates continue to rise, meaning your loan return looks worse and worse. Sure, it's better than doing nothing with your money, but I don't think debt holders are winning in a high inflation scenario.

[tmn]

I'm not sure which of you or the comment you replied to is using 'debt holder' correctly. But they meant inflation benefits the person who has to pay the debt back over time, not the person who issued the debt.