OK to Good for stock investors – since price will at a min track inflation.
Good for debtors – pay off with inflated dollars
Bad for cash – worth much less
Bad for fixed income, bonds – inflation wiping out interest payments.
House prices will probably remain same with everything else rising to meet the house prices.[/quote]Yep, that’s exactly why I’m giddy at the thought of double digit inflation. Would be awesome if I can afford my mortgage on a minimum wage job. Or better yet, the rent I can fetch will allow me to retire.
