All government spending is basically corporate welfare, every time the government spends money it is either buying a product or service from a corporation (unless they are literally giving money away like the recent stimulus checks).

Look at corporations like Lockheed Martin and Raytheon, they make weapons of war and earn billions of dollars in revenue every year, 99% of their yearly revenue comes from their #1 customer, the US Government, if the US Government stopped buying shit from them they would go bankrupt...

The only way to stop inflation is taxation and destruction of currency, to prevent hyperinflation the US Government needs to start taxing the rich and instead of spending the money they tax from them, destroy that money until prices of goods begin to drop...