Inflation More inflation also means cash is dropping in value and assets increase in value. As a corollary, stocks are a hedge as their value ultimately also moves up with inflation.
The revenue of corporations will also move up with inflation and so ultimately will their profits.
Governments also benefit from inflation as their debt devaluates in relative terms ad their GDP grows and their revenue base increases substantially since capital gain due to inflation skyrockets. This will help them fund their Keynesian infrastructure programs.