Errr that's not inflation.
In economics, inflation is a sustained increase in the general price level of goods and services in an economy over a period of time.
It's an increase in the overall assets, or money supply, from the federal system, because of quantitative easing. This can/might increase the general price level over time, but even that isn't certain.
The inflation was 2.5 % at January 2020 and fell down to 1.5 % in March 2020.
https://tradingeconomics.com/united-states/inflation-cpi
One thing that still baffles me, that most of the folks in the crypto sphere are fighting so hard against any kind of increase in the money supply. It only makes sense for a currency to be used, reducing the money supply is hindering those actions.
I still think that a cryptocurrency needs a steady increase of money supply, so that the inflation stays at 2 %. The value is the usecase and the community, not the money supply.