Unfortunately I can't read the article because it requires a subscription.<p>The conclusion is surprising to me though - poor people generally spend what they get paid on what they need. I would have assumed that this means that if their pay is increasing at the same rate as their costs, inflation isn't hurting them much at all.<p>If their pay isn't increasing at the same rate as their costs, I'd consider that a phenomenon different to inflation, and blame that.<p>On the other hand, it seems like inflation would hurt people with large quantities of uninvested cash the most.