Because they can. It is all about money and power.
During “the great depression” ... the rich ended up with immense wealth ... they were able to buy property for a pittance. Truly tragic for poor people, and a travesty perpetuated by the rich.
Much the same thing is happening now. Legal theft on a grand scale.
Nothing to protect the people from having to pay it back, when they received nothing of benefit for it (all the monies).
inflation hurt the poor the most, when every dollar you make gets depreciated in value and the stuff you buy keeps increasing
deflation is better for the poor when everything you buy are cheaper. You have greater purchasing power