I guess it depends on how you define inflation. To me and what I’ve been reading, inflation is the ratio between goods and services and the money supply. Inflation isn’t rising prices. Price raising is a symptom of inflation. But I know you know that. I just don’t think it’s beneficial to use inflation interchangeably with supply and demand and price raises, it just creates confusion. I very much favor the macroeconomics view of inflation because through that lens a lot things start making sense.

Since this is your field, obviously you’d know that if you have more goods, you get deflation. And funnily enough when you look up the definition of deflation it’s very strongly tied to that ratio between goods and services and the money supply.

I just feel that over time people have changed the definition of inflation. It’s no surprise that the term Greedflation has popped up because the topic surrounding it has been convoluted, confusing a lot of people.