Inflation isn't necessary as Byzantium.Almost any Byz game requires massive minting and multiple loans. There is almost no other way to survive. You need to build up before the Ottos attack, after is way too late. Current game, 5.2 normal difficulty, I took two loans and minted 100% for years and barely won the fight. Minted until I could pay off the loans and was left with 10% inflation. Not optimal but if it's inflation or death you do what you have to do. Outside of small nation wars of survival I generally keep a very low inflation if not 0. Any time I play a trade nation I never have inflation.
http://forum.paradoxplaza.com/forum...to-play-as&p=12910585&viewfull=1#post12910585
This is the main reason I hate inflation; people have a habit of justifying minting to themselves in all kinds of frivolous situations.
Do yourself a favour: make a house rule over the next few games that you are never allowed to accumulate inflation (ie mint more than your reduction) for any reason. You may not break this rule, even if the alternative is losing. Genuinely force yourself to work within constraints, and you may realize how trivial those constraints really are and the only reason they weren't obvious all along is because you were too focused on your solution to look for better alternatives. Once you understand how to play the game without inflation, then you can start using it again and hopefully will bring with you the confidence that you will only do it in situations where it's actually necessary.