This word is acceptable for play in the US & UK dictionaries that are being used in the following games:

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v. To fill (something) with air or gas so as to make it swell.

v. To enlarge or amplify unduly or improperly; aggrandize.

v. To raise or expand abnormally or improperly. See Synonyms at exaggerate.

v. To cause (a currency or an economy) to undergo inflation.

verb-intransitive. To become inflated.

v. To enlarge an object by pushing air (or a gas) into it; to raise or expand abnormally

v. To enlarge by filling with air (or a gas).

adj. Blown in; inflated.

v. To swell or distend with air or gas; to dilate; to expand; to enlarge

v. Fig.: To swell; to puff up; to elate.

v. To cause to become unduly expanded or increased.

verb-intransitive. To expand; to fill; to distend.

To swell or distend by inhaling or injecting air or gas; distend in any manner: as, to infiate the lungs, a bladder, or a balloon.

To swell or extend unduly; expand beyond proper or natural limits; raise above the just amount or value: as, to infiate the currency or prices; to inflate the market (that is, the price of marketable commodities, as stocks).

To puff out or up; make swollen or turgid.

To puff up; elate: as, to inflate one with pride or self-importance.

Inflated.

v. increase the amount or availability of, creating a rise in value

v. become inflated

v. fill with gas or air

v. cause prices to rise by increasing the available currency or credit

v. exaggerate or make bigger

"The justified fear of Trichet is that monetary expansion will again inflate asset bubbles and will do little or nothing for the real economy."

deflate   

inflated    inflates    inflating   

cut down    cutback    trim down    bring down    trim back    cut    trim    reduce   

elate    increase   

inflation   

inflated    inflatingly   

inflated    elate    expand    fill    distend   

Ate    Cate    Est    Fate    Haight    Iwate    Kate    Kuwait    Nate    Solid-state   

stilted    bombastic    disproportionate    inaccurate    extravagant    bloated    optimistic    elated    presumptuous    inadequate