Why would debt not cause inflation? “Money” today is almost entirely made up of credit, increase credit and you increase the money supply, which is more less th

Why would debt not cause inflation? “Money” today is almost entirely made up of credit, increase credit and you increase the money supply, which is more less the definition of inflation. The thing about shifting demand causing inflation seems to me more like an adjustment. Not really the kind of inflation that cause trouble. Also, since you mentioned landlords. Check out geo-libertarian take on this. Financing an UBI from a land value tax is in my opinion the most interesting approach. Since it would be based on a principle of justice, not just another welfare scheme.