Money supply is not the only, or even not necessarily the majority cause for inflation. Velocity of money matters, consider how for over a decade after the 2008

Money supply is not the only, or even not necessarily the majority cause for inflation. Velocity of money matters, consider how for over a decade after the 2008 crisis North America & Europe struggled with low interest rates, high deficits, and nearly no inflation. Inflation is simply a more complex phenomenon then what it is framed as politically.