Next year will be closer to 0% than 15%, I wager. Let's see. You say inflation is important when: * you get a 30-year mortgage on a house. - true, but more in

Next year will be closer to 0% than 15%, I wager. Let's see. You say inflation is important when: * you get a 30-year mortgage on a house. - true, but more inflation is better for you then. * sign a 99-year lease. - true, but more inflation is better for you then. * save money for retirement 45 years in the future. - that should not be in money, so the level of inflation is not relevant, real returns are (the difference between nominal returns and inflation). * buy a life insurance policy that probably won't pay off for 50 years. - yes indeed. Some of them offer inflation protection. * rent an apartment to someone under rent-control laws that can hold the rent fixed until they die. - yes indeed, good point. Also if you write a mortgage. That does not affect most average consumers, though.