Selling stocks for what? If the dollar is going down the toilet, the last thing you want to have is piles of rapidly evaporating cash.
It's already happening, past 6 months USD has been losing value against EUR, CHF, GBP, even BRL and almost flat against the JPY which was losing a ton of value the past years.
Free money to the poor would raise inflation but they'd never do that because the poor would have more money.