https://youtu.be/COxNbL_tLy0
letting inflation hotter will devalue the willingness to hold that currency, to be a participant with that currency. higher inflation will increase the value of cryptocurrencies such as btc. inflation will also increase the rate of reciprocity by the voting public and thus politicians to increase interest rates AND labor rates....eventually.
Ideally, the inflation rate average the federal reserve (or any central bank) should target inflation average of about 6-18 months.
Real world solution: fiscal policy for money to all citizens (real people, not corporations) such as a UBI, this would adjust private market interest rates closer to Federal Funds Rate and overnight LIBOR rates, etc... The wealthy families and powerful of the world do not want this as it would destroy their lifestyle standards set forth in their probates.
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