I wish everyone would make up their minds! Hyperinflation... deflation...
I don’t know whether to pay off my debts or get a loan! ;-)
Inflation is increase in the money supply. People who don’t understand that or who are more interested in manipulation have many ad hoc and mutable definitions of inflation/deflation and mostly either do not understand economics(this includes many who make their livings as “economists”) or are pushing ideologies or just want people to think they are smart.
“I don’t know whether to pay off my debts or get a loan! ;-)”
I don’t think anyone else knows either. They just throw a dart and guess.