The Collaborative International Dictionary of English v.0.48:

Inflate \In*flate"\, v. t. [imp. & p. p. Inflated; p. pr. &
   vb. n. Inflating.]
   1. To swell or distend with air or gas; to dilate; to expand;
      to enlarge; as, to inflate a bladder; to inflate the
      lungs.
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            When passion's tumults in the bosom rise,
            Inflate the features, and enrage the eyes. --J.
                                                  Scott of
                                                  Amwell.
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   2. Fig.: To swell; to puff up; to elate; as, to inflate one
      with pride or vanity.
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            Inflate themselves with some insane delight.
                                                  --Tennyson.
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   3. To cause to become unduly expanded or increased; as, to
      inflate the currency.
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