I must say: as an economic student I am very confused with what everyone says.
The topic is the basic of inflation then let us discuss/debate the basic of inflation.
Inflation is a macro economic phenomenon that represent increasing level of price of goods and services so the buying power decrease (nominal money value).
According to monetarism inflation is a result of growth in the total amount of money. Some economists disagree.
From a rational point of view, inflation is viewed as a problem because it results in real loses on the money holding and can cause redistributions between debitors and creditors. Furthermore inflation cause variation in relative prices, thus market mechanism price signal are disturbed.
Low inflation rate is not always good, but it is mostly a good mechanism in the real world.
From the debate in the thread it seems like you disagree on how inflation affects the market mechanism. I suggest you support your argument with empirical data and theories to explain the selected data, otherwise, I guess, we will see no progress.
™ Version 4.2