[quote=poorgradstudent]The rich in this country have the most to lose if we suffer hyperinflation, so there’s no way they will let it happen. Hyperinflation destroys assets and erases debts.[/quote]
Of course by not allowing hyperinflation they will continue to see their assets devalue eventually to near zero as debtors default and hard assets, stocks etc decline in value.
I believe it in the interest of the rich who largely own hard assets to want to inflate their value not deflate.
It is Seniors on SS and fixed pensions who are fighting inflation while at the same time complaining their earnings on investments are in the crapper.