Yup, inflation can be annoying and a popular complaint topic for whiners, but it tends to net out with management — rates rise and fall with it so net ability to earn returns still exists, and as usual, you need to work for those returns.
Inflation only becomes a problem when the money-printing (incl. debt creation) is so prolific that people lose confidence in the currency — that's when you get hyperinflation, which absorbs almost everyone's full attention. It's pretty wild to see live in person, but it is still survivable.
But you're right - DEflation is really dangerous, which is why the Fed, ECB, and other central banks are working so hard to avoid it.
Inflation only becomes a problem when the money-printing (incl. debt creation) is so prolific that people lose confidence in the currency — that's when you get hyperinflation, which absorbs almost everyone's full attention. It's pretty wild to see live in person, but it is still survivable.
But you're right - DEflation is really dangerous, which is why the Fed, ECB, and other central banks are working so hard to avoid it.