A) If you're going to make a point of defining inflation as something other than inflating of the money supply, why should people care? The only reason anyone pays attention to it is because of the long term downward trends - which are pretty much 100% due to monetary creation. Otherwise why, in practice, would the value of a currency drop? And why would this sort of "inflation" in Monero be an issue?
B) The [whatever]:XMR exchange rate is quite volatile, but that is measuring real fluctuations in the value of Monero depending on what is happening in the market today. Real value fluctuations are, by definition, not called inflation.
It is like saying the price of bananas experienced 12% inflation when there is a hurricane and a banana shortage. That isn't the right term - that sort of volatility isn't inflation.
I’m not trying to be disingenuous, we simply have different opinions about the definition of inflation. Honestly I have not heard that inflation is just the increase in money supply before. With us having different definitions we are clearly talking at cross purposes here.
Inflation is a long term measurement, short term events like a hurricane causing supply shocks can all add up to impact the rate of inflation over time but individually it doesn’t. It is fair to not count month to month fluctuations so I will give you that.
This is probably where most pro/anti crypto people break down in communication is us not using words the same way. You taught me a new definition of inflation today, I don’t think that’s right, but since we were using words differently that explains our disagreement.
B) The [whatever]:XMR exchange rate is quite volatile, but that is measuring real fluctuations in the value of Monero depending on what is happening in the market today. Real value fluctuations are, by definition, not called inflation.
It is like saying the price of bananas experienced 12% inflation when there is a hurricane and a banana shortage. That isn't the right term - that sort of volatility isn't inflation.