Syntax for a single-line Bash infinite while loop
while true; do foo; sleep 2; done
By the way, if you type it as a multiline (as you are showing) at the command prompt and then call the history with arrow up, you will get it on a single line, correctly punctuated.
$ while true
> do
> echo "hello"
> sleep 2
> done
hello
hello
hello
^C
$ <arrow up> while true; do echo "hello"; sleep 2; done
It's also possible to use sleep command in while's condition. Making one-liner looking more clean imho.
while sleep 2; do echo thinking; done
Colon is always "true":
while :; do foo; sleep 2; done