Sounds right to me. But inflation is not measured by money supply in stats and in how we actually feel inflation, it’s measured by prices.
The effects on our situations are measured by prices. Inflation is not prices. At all. Inflation causesthe price level to rise. When you insist on defining inflation as any damned thing you want it to be then there is no economic discussion of the phenomenon possible because your meaning is not my meaning and your meaning will change with whim and the nature of your discomfort. There is the classical definition or there is no definition for the word beyond a vague expression of discomfort. It becomes a Liberal PC word that means what the speaker wants it to mean for only the moment the speaker is using it.