### Comment:
Hyperinflation is bad for rich people and the poorest of the poor. For everyone else it's quite a nice feature.

### REPLY:
Why is it bad for rich people? Rich people don’t have a lot of assets sitting in cash. They are in risk assets that keep up with inflation. The poor are in debt so they don’t care. It’s the middle savers and retirees sitting in cash that get fucked.

### END.