Once I finish refinancing my 30-year fixed-rate mortgage at a ridiculously low nominal rate, a giant inflationary surprise would probably be in my best interest.  But Scott Sumner says I shouldn’t get my hopes up.  The first and foremost of his “10 Reasons Not to Fear Inflation”:

I am a product of the 1970s, with a visceral distaste for
inflation.  Yet despite the massive budget deficits and doubling of the
monetary base, I am for some strange reason worried about excessively
low inflation, rather than high inflation.  Why?

1.  The bond market shows very low inflation expectations. 
Especially the TIPS spread.  As I have said many times, “good
economists don’t make predictions, they infer market predictions.” 
(It’s fun to create maxims that imply you are almost the only “good
economist” in the world.)