[trompetenaccoun]

It seems you assume investment is generally good. As you can see right now people invest in anything just to save their cash from rising inflation, but the investments often aren't sensible to put it mildly. Valuations of many companies based on realistic forward P/E ranges are outright silly. Nor is investing necessarily beneficial for society in general. In fact many of these corporations are outright destructive, but capital gets allocated to where it can multiply the best, not where it might have a positive influence on society.

It's the fiscal policy of many countries that's massively driven up asset prices including cryptocurrencies. Those who didn't invest saw their savings printed away.

Inflation (of IOUs) is good for those holding the actual wealth (resources, land, farms, factories, real estate, etc - often through public shares). It's good for those who have debt denominated in inflationary currency. It's definitely good for some people and their business. What many people simply don't understand is they're not part of that group.