And the wages of every working-person in the country.
Part of a quote from Keynes:
“Lenin was certainly right. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose. “
There’s no indication within the whole quote as to whether he thought this was a “good thing” or a “bad thing” though.