I see your point in theory but in practice: - poor people have less money to repay interest on the debt after buying necessities at an inflated price - intere

I see your point in theory but in practice: - poor people have less money to repay interest on the debt after buying necessities at an inflated price - interest rates rise following inflation which will increase debt repayment costs and likely offset any benefits gained from debt being inflated away - it is very rare for 'people' to actually issue loans, I imagine 99.99% of loans are issued by banks