#Inflation can actually be good for the #rich because they often borrow money to buy more assets like real estate or stocks.

With inflation, the value of these assets usually rises, making their investments more profitable.

Plus, their debts become easier to pay off over time.

On the flip side, #deflation would make paying off debt harder and decrease asset values, hitting the rich where it hurts.

💸📉 #Economics101 #InflationVsDeflation