>>Not when the "you" is one's government with control over "your" currency. Any potential inflationary gain on debts is more than offset by your losses in purchasing power.
Can you provide an example where this occurred? I don't mean hyperinflation examples like Zimbabwe where economic disaster is reflected in currency destruction, I mean examples of modern thriving economies affected this way by inflation in the real world.
FWIW there are first world countries whose reserve bank has a narrow responsibility to control inflation. This can exert a terrible effect on interest and exchange rates.
"... They ne'er cared for us
yet: suffer us to famish, and their store-houses
crammed with grain; make edicts for usury, to
support usurers; repeal daily any wholesome act
established against the rich, and provide more
piercing statutes daily, to chain up and restrain
the poor. If the wars eat us not up, they will; and
there's all the love they bear us."
-- Shakespeare: Coriolanus, Act 1, scene 1
