Inflation doesn't just negatively affect holders of the currency.
It also negatively affects earners of the currency.
When your salary is constantly getting devalued, employers effectively get to constantly cut your salary while saying with straight face that they haven't done anything.
Now, everyone on this forum is well educated and valuable enough to be able to regularly negotiate salary increases. It's poor and uneducated people who get most taken advantaged by it.
Just look at how minimum wage is a never ending fight.
Inflation gives employers and the holders of capital the high ground fighting to maintain the status quo of wages and forces the poor and desperate to take time out of their personal lives to fight for more pay.
It also negatively affects earners of the currency.
When your salary is constantly getting devalued, employers effectively get to constantly cut your salary while saying with straight face that they haven't done anything.
Now, everyone on this forum is well educated and valuable enough to be able to regularly negotiate salary increases. It's poor and uneducated people who get most taken advantaged by it.
Just look at how minimum wage is a never ending fight.
Inflation gives employers and the holders of capital the high ground fighting to maintain the status quo of wages and forces the poor and desperate to take time out of their personal lives to fight for more pay.