jaw: first, just so we can all be clear exactly what you are proposing, please can you provide actual numbers.
How much is to be spent, how much of that is to be funded by taxation, how much is to be funded by debt, and how much is to be funded by simply printing money.
Please provide concrete examples of where and when what you propose has been used in the past and what the results have been.
Unless and until you specify exactly what you're proposing, no one here can fully critique it.
you might also try reading what I wrote:
The standard response is to blame the inflation on some greedy third party, say speculators or jews (or jewish speculators), and introduce wage and price controls to combat the inflation.
to which you replied
3. The standard response by whom? Not by me in any case. Also, it would be nice if we could have a discussion about economics without dragging the Jewish people into it.
My statement is self-explanatory: whom do you think introduces wage and price controls? The same government that prints the money.
Of course not by you: how could you personally possibly introduce wage and price controls?
A recent example can be found in the socialist paradise known as venezuelachavez blames currency speculators for inflationMeat, Sugar Scarce in Venezuela Stores
President Hugo Chavez's administration blames the food supply problems on unscrupulous speculators, but industry officials say government price controls that strangle profits are responsible.
Chavez caused inflation, blamed speculators for it, introduced price controls to fight the inflation he caused, and then blamed speculators for the shortages caused by his price controls
as to point 2, everyone here is familiar with Friedman's famous remark from The Counter-Revolution in Monetary Theory (1970),
"Inflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output."
And a more rapid increase in the quantity of money than in output is exactly what happened in 1970s Britain and in Chavez's Venezuela