I'm not asking if inflation currently exists - it definitely does - but I'm more curious to know if it actually is a big deal? Is it just a transitory thing or are there actual warning signs for larger issues?
Someone who is good at economics please explain
Because if people get wealth transferred from the rich while inflation goes up, wealth inequality goes down, and it doesn't matter as much or at all if the price number goes up, unless it's extremely fast
It also make debt go bye bye