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Pop Quiz

Q. Who benefits most from inflation?

A. People whose networth is largely tied up in marketable assets (benefit from rise in nominal price of assets). People that take out lots of debt (when money is cheap, it's easier to borrow). In other words, rich people, specifically ones that own businesses.

Q. Who is hurt most by inflation?

A. Everyone that's not in the previous list, i.e. not the moneyed interests that promote the use of such worthless measures of inflation.