Ah, so according to you my first sentence is false then? Let's see what a simple Google search yields: >Inflation is the decrease in the purchasing power of a

Ah, so according to you my first sentence is false then? Let's see what a simple Google search yields: >Inflation is the decrease in the purchasing power of a currency. >Inflation is the decline of purchasing power of a given currency over time. >Inflation is a persistent rise in the average level of prices over time in a given currency. > Inflation occurs when prices rise, decreasing the purchasing power of your dollars. Those are literally the top search results for "inflation" when I Google the term. Now certainly your Google search for that term may differ from mine and you are certainly welcome to share your findings. Until then I will rest satisfied that my first sentence expressing that inflation is almost always understood to be with respect to a currency is also true.