It's not about "hope", it's about what is possible/will happen, in this case I don't think there is the room for governments to manoeuver anymore, i.e. they can't bail out the banks without creating 10-50x worse of the exact inflation they're trying to fight. Some may argue these governments can simply continue the exercise of holding the private banks on their own balance sheets such as in the case of Japan owning most of the issued bonds, but that comes with its own set of consequences, Japan has been stuck in stagnation and a "silent depression" (to borrow Emil Kalinowski's term) for the last 30 years. I don't think that is going to wash this time.