Inflation and Who It Can Be Good For.

 The current inflation rate is around 8.3%. However, the unemployment rate is 3.7%. Both numbers are contradictory. The former indicates a recession while the latter indicates an expansion. One step the Federal reserve takes to curb inflation is, oddly enough, by raising interest rates. The logic behind this is that higher intertest rates curb demand, leading to more of a certain product for everyone. Contrary to people belief, though, inflation can be helpful to some segment of the population. 

For those with loans on fixed interest rates, higher inflation would mean that the loan receiver is paying back money with less purchasing power. Similarly, the loan lender would be hurt by this inflation as the lender would receive money with less purchasing power.