All things being equal (income for one) inflation in the most practical sense dis proportionally affects the poor and the middle class.
In a numerical sense the rich may suffer more but they won't eat a sandwich less because of it, whereas poor people may end up much poorer and the middle class (aka the comfortably poor) are significantly impacted.
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All things being equal (income for one) inflation in the most practical sense dis proportionally affects the poor and the middle class.
In a numerical sense the rich may suffer more but they won't eat a sandwich less because of it, whereas poor people may end up much poorer and the middle class (aka the comfortably poor) are significantly impacted.