Reply #24: Yes, though he is also saying it is good (to some degree)

[Kurt_and_Hunter]

But we are not talking about 15% inflation. That would not be good.

We may be looking at 1% inflation next year. Most economists consider inflation that low to be below the minimum idle speed for the economy.

There's a deep indoctrinated anti-inflation bias in the public similar to our indoctrinated pro-corporate bias. Super-low inflation benefits banks most of all.

Capitalists love super-low inflation because inflation reduces the value of... idle capital!

The biggest (or, if one prefers, certainly *among* the biggest) driver of inflation (historically) is wage pressure. Super-low inflation stagnates wages as much or more than it stagnates the price of bread or housing.