Inflation

Assuming my wages broadly keep up with inflation (big assumption, I know), am I wrong to think that it’s actually a good thing for me?

I don’t have a great deal saved in cash so won’t be losing any purchasing power there, and have a pretty big mortgage.

Seems inflation is mostly bad if you have cash vs good if you have debt? My mortgage has 4 years to run on a fixed deal so no impact of interest rate rises.

I know my opening assumption is a big one, but otherwise, am I missing something obvious?

Posted By: SimonOTBC, Jun 27, 08:44:53