Inflation is literally minting more money. Full stop. The definition you are giving is a propaganda line to try and rationalize robbing the populace via infla

Inflation is literally minting more money. Full stop. The definition you are giving is a propaganda line to try and rationalize robbing the populace via inflation. Even Keyenes agrees with me on this. (But thank you for not saying it's the consumer price index!) What you're actually describing is the purchasing power effects of minting more money. Second paragraph I agree with.