Inflation Has No Effect On Your Buying Power -

There is one specific scenario where inflation "helps" your buying power: If you have a $2,000 monthly mortgage payment, and inflation causes wages and prices to rise, that $2,000 represents a smaller percentage of your total income and a smaller "real" value to the bank. In this case, you are paying back the bank with "cheaper" dollars.

Even if your salary keeps up with inflation, a higher nominal salary might push you into a higher tax bracket, leaving you with less take-home pay in real terms. 3. Impact on Fixed-Income Earners inflation has no effect on your buying power

Wages are often "sticky." They tend to lag behind inflation. Even if you get a 3% raise, if inflation is 6%, you have effectively taken a 3% pay cut in terms of what you can actually buy. There is one specific scenario where inflation "helps"