Relatively High Inflation is a key component on a path to reduce the Debt.
I don’t see it helping much at all, given the Congresses of the last 50 years.
Sad for my GrandKids.
the whole european system of peasants and gentlemen was built on a system with no inflation where a wealthy family would simply acquire enough assets for them and their children and childrens children and on and on to live forever off the interest alone. Which is why a real gentleman never worked, they lived off the interest on old family money made long ago.
Inflation and property taxes were in part designed to stop that.