is everyone worse off because of inflation? why or why not?

Question

anonymous · Answer

not if you have loan outstanding; and you are the borrower

anonymous · Answer

can you just explain it  little bit @Libniz

anonymous · Answer

well, say you borrow $100 with 1 percent interest; so without inflation , you would pay at $101 the end of the year; let say there way inflation and money is worth half of what it did last year. so  $100 you borrowed has only value of $50 now; so even though you are paying $101 , it is worth same as 101/5 it did when you borrowed it

anonymous · Answer

ok, thanks for helping.
so, can you write me a complete answer? "yes or no" and "why or why not"?
thanks anyway @Libniz

anonymous · Answer

I think my answer was more than complete if you bothered to actually read it