Why is inflation both good and bad? how does the government try to control it? could you elaborate on 1st answ?

could you please elaborate on your answer(this is good if you on the receiving end and bad if you are on the taking end?Why is inflation both good and bad? how does the government try to control it? could you elaborate on 1st answ?
The government does not controlled the interest or inflation figure this out and things become clear.Why is inflation both good and bad? how does the government try to control it? could you elaborate on 1st answ?
Hello pieface;


The primary tool for controlling inflation is Interest Rate management. If the economy gets overheated by excess spending, this drives up prices due to Supply/Demand. Some price inflation is preferred over stagnation or falling prices, as this ensures job creation by business expansion and provides more taxes for government spending.


The current problem is caused by the Government excess spending for non-stimulating programs. This type of spending will cause rising inflation without creating business expansion and jobs. Futhermore, the current government spending is during a time of high unemployment, which is characterized by lower tax payments for the treasury. This means the government must sell bonds to obtain the money for their spending programs and dramatically increases the National Debt.

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