Not necessarily the worst thing in the world, as long as wage growth keeps up with inflation. (Huge caveat, I know.) Inflation is both criticized as a wealth-t

Not necessarily the worst thing in the world, as long as wage growth keeps up with inflation. (Huge caveat, I know.) Inflation is both criticized as a wealth-transfer from savers to borrowers, and praised as a wealth-transfer from the rich to poor (or the old to the young, etc). But there's also a time element to it, so in reality it's a release valve that causes idle wealth to slowly evaporate, and overly burdensome debt to slowly become more manageable with time, and it's why most economists agree that a bit of inflation is healthy to encourage the productive use of assets.