That's a very interesting theory, and quite plausible. But higher inflation is not necessarily a boon, since it would further encourage people to borrow money

That's a very interesting theory, and quite plausible. But higher inflation is not necessarily a boon, since it would further encourage people to borrow money and consume, while punishes those who save and invest. Also, it doesn't necessarily push people to invest their money in start ups, they may choose to invest in things that can keep up with inflation, like properties and gold.