Growth in money supply =/= inflation. If price stability is what you want then the money supply has to increase as production increases to avoid deflation.
It's certainly the meaning in some contexts. The problem with the word is it is widely used for consumer price inflation. When talking about asset and monetary inflation people still shorten it to simply "inflation"
Growth in money supply is the proper way to compare to different monetary systems like bitcoin and the dollar.
> to avoid deflation
Last I looked nearly every person on Earth wants price deflation in food/electricity/cars/iphones/etc. The onus on you here to show why that is such a bad thing for society?
Growth in money supply is the proper way to compare to different monetary systems like bitcoin and the dollar.
> to avoid deflation
Last I looked nearly every person on Earth wants price deflation in food/electricity/cars/iphones/etc. The onus on you here to show why that is such a bad thing for society?