> *it's usually the wealthy that benefit from inflation* Inflation is a *regress...

JumpCrisscross on Dec 27, 2017 | parent | context | favorite | on: World's richest 500 see their wealth increase by $...

> it's usually the wealthy that benefit from inflation

Inflation is a regressive feature of modern currencies. It transfers wealth from lenders to borrowers and away from investors. The degree to which it does so is a function of the amount of wealth one has.