Fund the government at zero cost through the Fed. Inflation is eliminated by indexation of all incomes: if your income to prices ratio is 3/2 today and 6/4 tomorrow and 12/8 the day after, it still reduces to a constant 3/2. Purchasing power does not change. Simple math.
Wow, someone who still believes in magic! And fairies. And probably ponies.
That peculiar notion of yours works right up until someone decides to save a bit of money. Because last year's dollars are worth much less than this year's dollars.
Which means saving up for a down-payment on a house becomes pretty much impossible. And setting money aside for retirement is a waste of the time filling out the paperwork.
So, proper behaviour becomes "as the end of the fiscal year approaches (and your new raise comes due), spend every penny you have, because prices are going to jump to match the new payscales".