Sorry, inflation is an increase in the price level in the economy. You may argue that such an increase in the price level is caused by an increase in the quant

Sorry, inflation is an increase in the price level in the economy. You may argue that such an increase in the price level is caused by an increase in the quantity of money, but evidence shows that increases in the quantity of money (which, by the way, you seem to confuse with the monetary base) fail to explain changes in the price level. [1] The relationship is far more nuanced and complex. [1] https://ibb.co/LCnfMFf https://ibb.co/LCnfMFf