The "supply of currency units" is a fundamentally inadequate measure to capture this. It is too simplistic. Nobody takes it seriously except for a small group of very vocal online crackpots because it is so obviously unfit for purpose. [1]
We re-defined it as our understanding grew. The way we update practically any model in the face of new evidence.
Japan single-handedly demolishes the Austrian model. Their M2 supply grew 3X from 1990 to present but inflation remained 0% measured over thirty two years. Prices did not change from 1990 to 2022. [2, 3]
[1] https://www.pragcap.com/understanding-why-austrian-economics...
you're again conflating price and monetary inflation. and again mixing in somebody else's prejoratives to flavor your discussion of their topics.
here's a link [1]
> The idea that inflation is anything other than an increase in the supply of money is an intentionally confounding theoretical device with no basis in reality.
If you have 1 burger that you'd pay $10 for, and someone makes a second burger, does that make each one worth $5? No, of course not.
lol.
> Defining inflation as a function of supply distracts us from the real-world problems causing broad-based increases in price.
price is a function of supply and demand already. you don't need to redefine inflation unless you're trying to dupe feeble-minded rubes.