So I generally held the same questions as you. I think part of the answer is in our modern debt based monetary system, there isn’t one clear notion of money sup

So I generally held the same questions as you. I think part of the answer is in our modern debt based monetary system, there isn’t one clear notion of money supply (M1, m2, m3,..). Also, these supplies of money can be only esoterically linked to price of goods (look at japan). As such talking about price of goods is more applicable to the general population. Debasement has become the unambiguous term for inflation of the money supply.