First published by Money Metals here:
https://www.moneymetals.com/news/2018/05/23/inflation-peoples-enemy-govts-friend-001482
Most of us have been taught that inflation is all right as long as it doesn't get out of control. In the short term, it can benefit those able to manage cash flow in business or with real estate for which they can service loan interest and taxes. The truth of the matter is that inflation – at any level – is basically stealing! Things like an expanding money supply, increased "velocity," or rising prices due to demand-supply imbalance, add additional confusion.
