> has to pay rent or make mortgage payments. One of these things is not like the... | Hacker News

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		ForHackernews on March 14, 2021 \| parent \| context \| favorite \| on: Why inflation is not a threat > has to pay rent or make mortgage payments. One of these things is not like the others. Inflation benefits debtors at the expense of creditors. If I owe $500,000 on a fixed-rate mortgage, I'm thrilled to see inflation because it makes my debt cheaper to pay off.

ric2b on March 14, 2021 [–]

Only if your wages rise accordingly. And don't forget that your taxes are going up as well unless tax brackets are adjusted for inflation.

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