[Alia]

While I appreciate your lecture, your post led me to presume you were an "inflation" fanatic, meaning, a hysteric. Obviously, I stepped on your toes, and for that I ask your pardon.

I, too, use the term "inflation" as exactly as you have described; and in that specific, concise meaning: "Inflation is and only is the creation of money at a higher rate than the market can absorb."

I've witnessed far too many wrongful attachments of meaning to the term "inflation" on FR posts.

[arthurus]

Most folks think inflation is the increased nominal cost of the coke in the convenience store.