To contrast, a fair portion of people I interact with, I would say that in my personal belief, or ideology that I would more accurately identify with The Chicago School of Thought, and Zero Sum thinking.
While I understand The Austrian, and Abudance/Growth mindset, I see resources as finite, is scarcity not one of the core pillars of economics?
In my opinion, new value is only creating from either utilizing existing resources more efficiently, or by diluting/splitting up value already created.
While the dollar balance sheets may increase the actual purchasing power of those goods adjust to the new found "wealth".
Inflation is simply a repricing for this dilution.