We've had very low inflation for some time. Deflationary spirals have caused more damage than low inflation by far historically. There's ample evidence central

We've had very low inflation for some time. Deflationary spirals have caused more damage than low inflation by far historically. There's ample evidence central banking has reduced volatility across hundreds of countries, which is why every single country on earth has adopted it. Inflation also benefits borrowers, which is the middle class. It makes house payments relatively lower over time, for example, while wages tend to track inflation on the whole.