@asmallteapot @QuietMisdreavus the question comes down to how does your economy work? If you are not tied to a physical commodity (aka the gold standard), then we can goto modern monetary theory, which says we can just create the money for it. Then we can tax the rich to control inflation. (See the Deficit myth by Stephanie Kelton).

This is slightly harder in the eurozone. But places like UK and US, much easier from a monetary point of view.