Inflation encourages a flight to other stores of value, houses for example, the problem is you're not encouraging investment based on ROI, its simply a drive to

Inflation encourages a flight to other stores of value, houses for example, the problem is you're not encouraging investment based on ROI, its simply a drive to preserve value. All you end up with is another monetized good which isn't actually constrained in the same way as gold or bitcoin leading to overproduction (tulips/houses) and a crash.