[NikolaNovak]

I've lived through inflation. People who have not (my Canadian wife wife for one :) lack intuitive feeling to translate simple number into everyday occurrences. And every equation has two sides.

My parents did the same thing - they'd buy something expensive on loan and the loan would reduce with time in effective value. Great right? But what about the other side? The person /business that sold you that car or furniture or whatever is basically left hanging.

Worst part of inflation is that it makes saving impossible. There's no effective way to prepare for anything. Any money or earnings you have is basically slipping inexorably through your fingers as grains of sand.

Salary too! Unless my salary goes up with inflation (rare!) I'm literally getting paid less every month and every year. You may pray and hope somebody somewhere will provide for you (government or whatever) but as far as I can see, inflation comes for everybody eventually. It's a Gian game of chicken and race that tends to explode.

That doesn't mean that we can't and shouldn't have discussion what level of inflation may be "good", given myriad conflicting and contradictory goals and consequences and timelines. Deflation is bad for other reasons.

[arroz]

Agreed just adding, deflation is not bad if it is small (<< 1%)