Actually, the rate of inflation varies by individual. It varies by what you buy and what you need to consume. If you are buying post secondary education or healthcare your inflation rate is much higher than those that don't.

I have a fix pension, higher inflation would make it almost nothing in a matter of just a few years, deflation would make it more valuable.

Higher inflation would drive me to chase yield or hedge. I am in safe havens right now but hope the market to correct so I could buy stocks.

TEK