No doubt the govts would love inflation - that is what they are aiming for.
But who are they up against?
The private sector . . . even if govts win and manage to inflate things - not everything is going to inflate. Our wages won't inflate like they did in the seventies, so our wages will be stretched covering food and fuel etc. That ain't good for asset prices.
The things that you own will deflate . . . the things that you use will inflate.
