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Bitcoin has a higher inflation rate than USD.

  Bitcoin inflation rate per annum: 3.87% 
  USD Current inflation rate for the United States is 2.7%.

Early in Bitcoin history, by design Bitcoin went though a period of hyperinflation where Satoshi and a few users acquired most of the coins in circulation.

Aprox 4.11% of Bitcoin users (addresses) control 96.53% of all bitcoins in circulation.

[erfgh]

Inflation is not calculated the way you think it is calculated.

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Point being the Bitcoin supply is increasing at a rate higher than fiat.

What is that called? It's not deflation.