I don't think it's that simple. Lower middle class and poor people have debt, and inflation is good for making debt less valuable in real dollars. Pensioners, maybe, but social security is indexed to inflation if I'm not mistaken? I wouldn't be surprised if many public and private pensions are as well.
This is much more a move in favor of the rich that are owed money by the poor imo.
This is much more a move in favor of the rich that are owed money by the poor imo.