While it would be very convenient to use inline functions at some situations,
Are there any drawbacks with inline functions?
Conclusion:
Inlining larger functions can make the program larger, resulting in more instruction cache misses and making it slower.
Deciding when a function is small enough that inlining will increase performance is quite tricky. Google's C++ Style Guide recommends only inlining functions of 10 lines or less.
(Simplified) Example:
Imagine a simple program that just calls function "X" 5 times.
If X is small and all calls are inlined: Potentially all instructions will be prefetched into the instruction cache with a single main memory access - great!
If X is large, let's say approaching the capacity of the instruction cache:
Inlining X will potentially result in fetching instructions from memory once for each inline instance of X.
If X isn't inlined, instructions may be fetched from memory on the first call to X, but could potentially remain in the cache for subsequent calls.