Monetary inflation benefits people who want to take a bigger cut of the pie without asking. That would be government, banksters, and connected cronies. It also disproportionately benefits people with enough liquid assets to take advantage of inflation hedges.
It’s regressive taxation, and it’s destroying the country.
It surely is. It's stealing the savings of retirees, eating the capital of businesses invisibly, and driving the cost of living higher by the year while wages stagnate.