There's an entire economic school of thought that believes that inflation is essentially entirely a monetary phenomenon. Dollars are tokens, and governments dis

There's an entire economic school of thought that believes that inflation is essentially entirely a monetary phenomenon. Dollars are tokens, and governments dispense those tokens whenever they need to finance themselves, every empire eventually succumbs to the temptation to pump out tokens instead of being productive and disciplined in their expenditures and delaying consumption (in other words, saving). This precedes every downfall. It seems useless to me to call inflation a matter of the changing price of a good that will change due to demand or supply. Rather, intuitively what really matters is if someone is switching up the measuring stick that forms the basis of the entire price signaling system of the economy.