Devil's advocate here, definitely not an economist either, but why is devaluing everyone's wealth a bad thing? Sure, individually it sucks for one's pile of mo

Devil's advocate here, definitely not an economist either, but why is devaluing everyone's wealth a bad thing? Sure, individually it sucks for one's pile of money to be worth less than it was yesterday but it incentivizes one to figure out solutions to inflation - real-estate, stocks, bonds, assets, work more, etc. Also leads people to produce more and not allow a resting-on-the-laurels situation. Overall, big picture wise, the species needs to grow to survive - to obtain the technology to expand outside of Earth. Stagnancy is a deadend death. Note, I also did not agree with a bailout.