Comment Re:Alternate Title (Score 2) 144
When inflation is above interest, or you store money in a way which doesn't get interest, then yes, it does act as a stimulus by allowing spending of money that is otherwise not being spent. Unfortunately, the main spending of the US federal government is on its war machine... so the problem is what is done with the debt+inflation tax, not the fact that it exists.
You do also need income to at least rise at the rate of the inflation, and then it only hits money not being spent, but neoliberal policies are making that happen less and less, with the worst off seeing a decrease in real wages, a refusal to increase minimum wage being heavily responsible there.