I'm copy/pasting from literally every place that defines inflation. But I guess being so obtuse that you think that just because a guy who was smart and well-respected said something, that means every sentence he ever spoke was 100% correct means you know better... when what he clearly said, by the very definitions of the words, is not correct.
Japan is a really good example of these *~bAsiC eC0nom1cs!~ showing that economies have a lot more to them than just basic shit you blindly believe. Money supply increasing literally the entire time and inflation roughly sideways the past 30 years.
open these charts. click on 10 year or max at the top of the chart:
Money Supply M1 in Japan increased to 1100607.30 JPY Billion in April from 1094028 JPY Billion in March of 2025. This page provides - Japan Money Supply M1 - actual values, historical data, forecast, chart, statistics, economic calendar and news.
tradingeconomics.com
Inflation Rate in Japan remained unchanged at 3.60 percent in April. This page provides the latest reported value for - Japan Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
tradingeconomics.com
They even had a massive increase in money supply from 2000-2005 while experiencing DEFLATION. Good job on that analysis Milton! Or maybe that was Biden's fault, somehow.
Inflation Rate in South Korea remained unchanged at 2.10 percent in April. This page provides the latest reported value for - South Korea Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
tradingeconomics.com
Inflation Rate in Italy remained unchanged at 1.90 percent in April. This page provides the latest reported value for - Italy Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
tradingeconomics.com
Inflation Rate in the United Kingdom increased to 3.50 percent in April from 2.60 percent in March of 2025. This page provides - United Kingdom Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
tradingeconomics.com
Inflation Rate in Switzerland decreased to 0 percent in April from 0.30 percent in March of 2025. This page provides - Switzerland Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
tradingeconomics.com
Countries all over earth had a lot of inflation due to supply chain problems. Guess it was all Biden's fault! so fucking stupid.