You are oversimplifying it. You are making the assumption that during a high inflation environment worker productivity would stay stable and therefore not impact GDP, history shows this is false. Inflating away all national debt and retaining economic stability is completely impractical.
Just look at the last few years in the US, extreme inflation yet debt to GDP still grew. They will probably take this route, but it won’t make growth stats look good that’s certain, unless they absurdly tamper with CPI measurements even more
Gold correction to $900 to $1100 usd ounce.possible., page-54
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