Your standard office worker probably refinanced their mortgage at ~3% and is now laughing their way to the bank as their debt inflates away so they probably are profiting from it. I know I am.
Your standard retiree on the other hand who holds a lot of bonds that got absolutely hammered by inflation and rising interest rates is not doing so well.
Your standard retiree on the other hand who holds a lot of bonds that got absolutely hammered by inflation and rising interest rates is not doing so well.