there's essentially 2 schools of thought on this. the austrians and other austerity supporters think perpetual growth is a fairy tale and that the market should be left to its own devices even if that means a depression wiping out much of the economy.
the keynesians and other demand side economists see a depression as the ultimate evil, much worse than money printing and bailouts.
And which one you prefer? Or you have your own "theory?"
i don't pretend to know what the ideal is. krugman and powell et al would say a depression in many ways is exponentially worse than slow devaluation by inflation. i wouldn't know but the idea is persuasive on some levels.
i suppose a 3rd idea would reinforce the notion that it isn't inflation per se that's the problem, but rather
unpredictable and high inflation. i've heard convincing arguments that a 0.5% or 1% perpetual, but unquestionably stable/predictable inflation (like monero's tail emission) is superior to bitcoin's fixed supply dynamic.
i'm not nearly as offended by keynesians as many in the bitcoin realm are. i see the interest rates banks are paying. i'm capable of finding more reasonable places to park my money for better returns.