system
Given the following post, respond as if you're commenting on Reddit:
human
Do we need inflation?

In my understanding, inflation has **only** negative sideffects, mostly in terms of understandability of the economy. Sure in the old times with gold standard it might have been unavoidable, but nowadays, is there any good in keeping it?
gpt
This isn't really a valid question since inflation isn't a binary toggle but rather a range which goes (theoretically) from negative infinity to positive infinity.

If we reinterpret the question as "is absolute 0 inflation the most ideal for the economy", the answer is probably not. A small amount of inflation (\~2% or lower) is generally considered a good target. This (1) incentivizes people to invest in new companies/ventures/technologies rather than keep money sitting in a bank account and (2) makes it easier to borrow money for the same.

The last part of the question ("is there any good in keeping it") is similarly misguided since inflation isn't controlled by a single entity but rather is a natural consequence of the economic system. The government has a single (large) input into the equation by way of currency supply and interest rates, but that's it.