Yep. The John Birch Society literally tries to redefine "inflation" as "the central bank makes more cash available" (more M0, though they don't use such highfal

Yep. The John Birch Society literally tries to redefine "inflation" as "the central bank makes more cash available" (more M0, though they don't use such highfalutin terms), because ridiculous bollocks is much easier to prove if you assume your conclusion. Bitcoin ideology assumes that inflation is a purely monetary phenomenon, and that Bitcoin is immune due to its strictly limited supply. This was demonstrated stupendously false when the price of a bitcoin dropped from $1000 in late 2013 to $200 in early 2015 - 400% inflation - while supply only went up 10%. The conventional view is that inflation is a phenomenon of consumer prices, consumer confidence, productivity, commodity and asset prices, etc., which a central bank then responds to with monetary policy. The conspiracist view is that it's the central bank intervention causing it. Even people who've suffered bitcoiners' strident blaring ideological lunacy frequently don't realise the depths of economic delusion that goes into the ideology. I suppose we can be grateful that they adopted only Eustace Mullins' central bank conspiracy theories and not his antisemitism. Mostly, anyway.