Inflation may hurt big time investors to some extent, but the net effect of inflation is redistribution of wealth from the buyers of goods, meaning you, me, the poor, those on fixed incomes, those who work for a wage, to those who produce the money and get it first, the government, the Federal Reserve banks and the fractional reserve banking system, investment bankers and brokers.

Inflation only causes dislocation in the economy and we all pay the high price of their irresponsibility. Unfortunately for us all, It appears that our governennt, present and incoming, is ready and willing try to inflate the problems away, rather than recognize their role in causing them.

The collateral damage your socialist ideas ignore ——

Negative savings rate, massive trade deficit and debts (personal and collective) that can never be paid off.

The Keynes theories taught in school (that you’re still selling) have been demolished by Friedrich Hayek brick by brick —– way back in the 1930s.

Just as Aristotle have provided physical and observational arguments that the earth is spherical, the flat-earth society thrives.

This is where Mr Zs reference to the nature of man applies.