What would you propose as an approriate course of action to deal with this "problem". It is certainly the case that inflation financed What would you propose as an appropriate course of action to deal with this "problem"? It is certainly the case that inflation financed spending has lead to like the hyperinflation we have seen in instances such a post WWI Germany. There are a series of other problems that are generally thought to arise when the government controls the central banking system. The solutions suggested by the source you provided are therefore not an appropriate course of action.

Given the time value of money, a real concept given the current economic behaviors of individuals, would mean that zero interest loans would be infeasible. There would be economic inefficiency inefficient allocation of productive resources.