Is Inflation a Bad Thing?

i feel like for months people have been talking about inflation. The seventies were the point at which inflation was a genuinely damaging economic force. Inflation in general is not hugely damaging, right? There aren't that many people who just have massive savings accounts or checking accounts,. But in the seventies, what you got was this self-fulfilling inflation. People started raising their prices because they knew that consumer prices would get raised. And i think where you're seeing now, it's a little bit of consensus that, ok, inflation is happening and it's happening a lot more than we thought.