The bugaboo on inflation return

So I repeat my mantra.

Double entry accounting is price neutral over the complete monetary sequence.  That is why we do the MMT on a generational basis, we are not inclined to 30 years periods of deflation.

Real inflation is the amount of money the Fed left on the table at the last default, 1972.  And real inflation is the amount of money the Fed is leaving on the table, over the next 15 year period, renewable, with our current MMT under negotiations.

That is how prices and MMT interact. Not a bad plan, theoretically perfect if you are stuck with a costly 'right to coin'.