Why inflation is both good and bad for your wallet

Inflation is a tax on the people. Poor people who are on the edge are the most hurt. If you want to know how Hitler rose to power look at the inflation in Germany at the end of WWI. Germany was saddled with a massive war debt. Germany monetized the debt and simply printed money to pay the debt. England, France and other holders of the debt had nothing else to do with worthless marks so they bought every thing they could in Germany and dropped the worthless money back into the German economy. In the end, as Hitler started his rise to power by promising to stabilize the Germany economy, 1000 Mark note was printed on only one side because the cost of two sided notes was more expensive than the note was worth. The cost of the f eating out was negotiated before you sat down because the value of the Mark dropped in hours. As we keep printing money this is our future.

What's good for the goose isn't necessarily good for the gander. For example, we know that many fortunes were lost during the Great Depression. Well, during that time, others were made. Cash poor property owners lost millions selling their assets for pennies on the dollar while cash rich buyers reaped the harvest at the same price. Same with inflation. It depends...