[MrGuts]

A recession is not the worst thing in the world. It's a business cycle, and happens on a regular basis. A recession might (hopefully) chase out some inflation; and it might clarify where some opportunities reside (like new infrastructure, or worker retraining/relocation).

A little bit of inflation isn't too bad, either. It helps people pay off debt with less valuable dollars. Bottom line: A little bit of inflation is OK, and periodic business retrenchments are OK. A whole lot of inflation, or a deflationary spiral, is horrible.

[lazide]

In a macro sense sure. If you’re stuck with a mortgage and kids but no jobs in your area anymore, a lot less so.

[landemva]

Inflation causes people to become investors/speculators just to keep up with loss of purchasing power. Inflation is theft by decree of the money printer.