How does inflation affect interest rates, security prices, and financial planning?

With inflation the price of consumer goods $-$Select$-$increasesdecreasesdoes not changeItem $1,$ thus those who lend money to others will $-$Select$-$have reduced purchasing power$$be in a favorable positionnot feel any changesItem $2.$ So$,$ interest rates will $-$Select$-$decrease$$increasenot changeItem $3.$

If inflation is causing consumers to purchase $-$Select$-$lessmorethe same amount of goodsItem $4,$ the future of the business represented by the security may produce $-$Select$-$less incomemore goodsItem $5.$ So$,$ the price of securities will $-$Select$-$decreaseincreasenot changeItem $6.$

Financial planning is necessary to be prepared for $-$Select$-$inflationdeflationboth inflation and deflationItem $7.$ Inflation $-$Select$-$decreasesincreasesdoes not changeItem $8$ the need for financial planning.