> An increase in the money supply is the only thing pretty much guaranteed to increase inflation. An increase in the money supply _is_ inflation - the very def

> An increase in the money supply is the only thing pretty much guaranteed to increase inflation. An increase in the money supply _is_ inflation - the very definition of it. > BI will definitely have localized effects on prices. Yes, I said this in my OP. It will lead to increases in prices for consumer goods in particular, as opposed to other goods. If every consumer has $X,000 dollars to work with that they didn't have before, then demand for consumer goods is going to rise, leading to lower inventory and therefore, higher prices.