The biggest beneficiary of inflation is the biggest debtor. Whoever owes the most gains the most when inflation erodes away the value of what they have to repay.
I'd like to think this is the average person in debt, but its actually the federal government. It drives inflation up and devalues assets which it purchases with new money before inflation takes effect. But what happens when the government wants or needs to sell? No buyers step up that are willing to take a loss before taking possession.
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