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Sorry, but no. Crypto people claimed the right to butcher the word "inflation" first, and we already decided that it now just means "increase in the total supply of a currency".

Sorry, but no. Crypto people claimed the right to butcher the word "inflation" first, and we already decided that it now just means "increase in the total supply of a currency".

https://x.com/axios/status/1794737808269070432

Rising asset prices due to m2 growth is currency debasement, not inflation. Simply divide by Fed balance sheet to normalize.

True inflation is rising consumer prices, including energy and housing, and without all the little adjustment tricks governments play over the years