Inflation is not what wakes you up in the morning and puts a smile on your face. Inflation is what makes you worry if any of your investments that you have made with your hard earned money will be making money soon. Inflation has the ability to take your hard earned money a good example would be a savings account.
You are paid a certain amount of interest on you savings account but the amount paid does not even amount to half of the current inflation rate. Thus by using a savings account to store your money you are losing money, the only potential way to win is to make investments that offer higher interest but this can be risky.
The government is basically placing people in risky situations yet I am sure they still sleep sound at night. It is true that not all inflation is caused by the governments mindless printing of paper currency but most of it is. Sometimes the price of items will naturally go up because a certain material they had been using went up in price, but this does not account for the continual climb of 4 or 5 percent inflation each and every year.
No the rise in the current inflation rate can be attributed to the printing of money and the nice little word quantitative easing. If you have heard this word it is just a fancy way for the government to say printing more money with no backing. You may wonder why the government would do this because it is hurting the middle class? It is because it helps the government pay off their debts as well as making the economy look good on paper.
It is true that inflation hurts some people while helping others. The rich do not suffer to much from an increase in inflation but the middle class do. The poor may suffer but not as much as the middle class because the poor have so many hand outs from the government they do not know what to do with all their money. Inflation hurts everyone a little but some more than others so be prepared if that is you find something that is inflation proof.