The reason we (as a society) inflate currencies is because of "sticky wages". People are loss averse and react much worse to a 5% pay cut than positively to a 5

The reason we (as a society) inflate currencies is because of "sticky wages". People are loss averse and react much worse to a 5% pay cut than positively to a 5% pay rise. Because of this, businesses needing to adjust downwards because of competition/technology/market changes can't. Inflation is a solution to this problem