That would suck but that's not how inflation works
Especially if you look at bond market yield curves going negative, and consider that massively indebted governments don't have any politically viable options to solve their debt problem other than default through massive inflation.
It could totally happen. Governments don't have a good option.
You're mixing up monetary policy with macroeconomics. Though often correlated to a degree, they are not the same. The Weimar republic adding zeroes to the DM is not the same as wage increase due to economic growth