Unfortunately many people do not know what is happening, we can put it into precise words and terms but most people cannot do that, they can tell there is something wrong since everything is getting more expensive but they cannot put their finger on what is wrong, and while I am not worried as I know this works in our favor it seems that we will finally get to see the crisis that will put at risk the fiat system currently in place, but this will bring a lot of suffering as most people have no savings at all and the few that have them have those savings on fiat and they are about to lose all of those years of effort.
There are both positive and negative sides (although as far as inflation is considered, the negatives will have a greater impact when compared to the positives). For those with no savings, they don't have to worry. Only if they have savings, they need to worry that the purchasing power of their assets will go down. If someone leads a hand to mouth existence, then he doesn't need to worry much about inflation. Because in most cases, the salaries will go up along with inflation (ideally). For the middle-class, it's bad though. They need to invest in assets that are protected against inflation to some degree.