This answer is wrong. Over simplified.

"The answer is you, the average tax-payer citizen, through liquidation of both your salary and your savings."

Incomes and salaries are often protected from inflation by cost of living increases. Savings if invested in assets might be protected, cash savings or savings account area not.

If you have more debt than savings then inflation benefits you as you will pay back your loans with cheaper dollars if you have fixed interest rates. If you have variable interest rates then who can say. It get more complicated.

TEK