They have no intention of whipping inflation. Inflation gives them many advantages: It penalizes people who have worked all their lives and saved up something so they wouldn’t become dependent. Their savings are reduced to zero.
Inflation doesn’t bother the ruling elite because they have already guaranteed that their salaries and pensions are adjusted for rising prices.
The “poor” don’t care - their benefits are inflation adjusted.
If the devaluation of the currency causes widespread economic disaster, they are happy. If it leads to total breakdown they are ecstatic because that will enable them to seize total power under the guise of “protecting” the people.
“Inflation doesn’t bother the ruling elite (UNIONIZED FEDERAL, STATE AND LOCAL GOVERNMENT EMPLOYEES) because they have already guaranteed that their salaries and pensions are adjusted for rising prices.”