### Comment:
Especially when the reference inflation as some kind of boogeyman. Consumer and student loan debt are crippling the middle class. Inflation due to wage increases, if kept in check, is our friend.

### REPLY:
Inflation is a discount to debt. Inflation is awesome if you owe money. If your mortgage rate is 4% and inflation averages 3% over the life of your loan, you're basically paying 1% APR. 
  
 Conversely, if people owe you money, not so much. Inflation is very bad for you.

### END.