I don't think any economist would consider Ethereum's growth to be "inflationary" -- the rate of marginal increase of money supply tends to zero, just like Bitc

I don't think any economist would consider Ethereum's growth to be "inflationary" -- the rate of marginal increase of money supply tends to zero, just like Bitcoin's. To be considered "inflationary", it would have to increase the block reward exponentially over time, rather than just keeping it constant -- linear growth is insufficient. And all that is assuming a non-existent fixed relationship between inflation/deflation and monetary base. Note that I say "monetary base" and not "money supply" because the two are related but not equivalent. No mainstream (Keynsian) economist would really consider "monetary base" to be a critical economic indicator, and even monetarists would quibble. Only Austrians would consider it important, but they use the terms "inflation" and "deflation" to refer to money supply, so they would not consider Bitcoin deflationary either.