I agree with almost everything you said but
And they also ignore that unless you keep your entire savings under your mattress, you probably have your money invested in something else, you're not affected by inflation.
Here in the UK the current Bank of England rate is 0.5% & inflation is between 3 & 4% so money in current accounts and even money in many savings accounts is affected by inflation. You have to be really a savvy or lucky saver to beat it at the moment.
Not only that, but a large part (perhaps a majority) of the UK population have little or no savings, so combined with our current austerity measures (i.e. pay freezes, cuts, VAT increase etc.) inflation has had an impact on people's purchasing power - they feel poorer, even if technically they're not.
Whilst people here aren't quite as crazy (at least in public) as some of the stuff I've heard from the US, they certainly don't like inflation.