Inflation, the middle class.?

Question

why are the middle classes the category most affected by inflation?

Answer 1

Who said they are.

Believe me its tougher for a poor family to afford milk at 5 dollars a gallon than a middle class family.

The problem is one of perceptions. Politicians pay greater lip-service to the middle class.

Answer 2

I don't think they are necessarily. There seems little reaosn that they should be.

My bet would be that the poorest people will be affected most by inflation.

Answer 3

The middle class is different form the poor in that they are likely to own houses with mortgages and from the rich in that they have only a small amount of their wealth in financial assets. In general inflation helps debtors and hurts creditors because loans are paid back with "cheaper" dollars.