[kobalsky]

> Maybe inflation is corrosive for investing but maybe it is not bad for the average Joe

Joe wins one game of musical chairs once in a while, but the banks won't lose money lending money, they will get their dues, and with the uncertainty of inflation they will err on the safe side and the other Joes will lose.

> Maybe, it is time that something else than salaries hurt for a change

Low and middle class people are the most affected because wages and salaries aren tied to an inflation index. Rich people have easier access to inflation resistant investments.