Well, it's deflation in a broader economic/purchasing power sense. http://en.wikipedia.org/wiki/Deflation http://en.wikipedia.org/wiki/Deflation "deflation is

Well, it's deflation in a broader economic/purchasing power sense. http://en.wikipedia.org/wiki/Deflation http://en.wikipedia.org/wiki/Deflation "deflation is a decrease in the general price level of goods and services" Prices of real goods are rapidly decreasing for Bitcoin, but you are correcting that the exchange rate is ballooning or "inflating" in that sense.