👉👉Conclusion: People with good and profitable businesses can borrow money to boost their business during inflation. They will always be at the gaining side if the money is utilized well.
Somewhat. Although, there's no guarantee of it. We have to remember that assets generally depreciate in value because they get dings, scratches or just degrade with time. So, selling a second hand asset is usually more difficult than selling a new. Obviously, this sort of ignores collectors items, but cars for example are generally considered to have already lost a few k on their price as soon as you drive them off the forecourt.
There is a clear difference between asset and liability. A car isn't an asset but a liability. Asset appreciate even during inflation. A typical example of an asset is a land. A plot of land bought in few years back will be sold at an increased price if the owner decide to sell it now.
However, as long as your loanee pays back the amounts required, lenders will always gain.
Gain will be made on interest but will have lose it value. If the inflation rate is higher than the interest rate, the purchasing power power of the interest will be low due to inflation.
Inflation isn't really a bad thing for the rich, they'll profit enormously on it.
Rich people utilize all opportunity during inflation to get richer but poor people keep complaining all around about price of good and services without doing anything to improve the system.