Lots of surprisingly poor understanding in this thread. Inflation is just a redistribution of wealth from cash savers to borrowers. Ever wonder why most econo

Lots of surprisingly poor understanding in this thread. Inflation is just a redistribution of wealth from cash savers to borrowers. Ever wonder why most economists consider 3% inflation healthy, and don't like 0% inflation at all? There's a reason: it's a way to nudge the wealthy to put their cash to work, and to loosen the the handcuffs of people who are unproductive because they're burdened by debt. WIth a small amount of inflation, if you hoard too much (univested) cash, inflation will cause that pile of money to slowly evaporate. If you struggle with too much debt for too long, your salary will eventually inflate enough to make it a little more manageable. Too much inflation is bad because it makes long-term financial planning difficult and creates some instability, but a little bit of inflation is much better than none at all.