Inflation is good. We want the dollar value to decrease over time, because it encourages spending. If people keep their dollars (thinking $1 will be worth more tomorrow, than today), then it hurts jobs and growth.
Because people don't like taking short term risk for long term benefit. It's the same thing with climate change. They'd rather do nothing and keep things as they are, even if that is impossible and the problems get worse.
People get hungry and need to buy food. Shoes and clothing become worn and eventually need to be replaced (unless if people are willing to put up with decreased quality of life). Eventually people need to spend money, even if it may take longer than when there is inflation.
Why is this bad?
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