a 5’5” NBA aspirant claiming he would make the League if the Weights and Measures division of the federal government would just shrink the inch.

That's funny...

There seems to be a call from all corners of the US government (I don't pay much attention to all the other hundreds of governments out there) to flood the US with freshly minted money. It seems too many dollars going for too few goods. That's been the definition of inflation that I've always been taught...but I do feel like what you've described is that if production meets the increase in currency that inflation does not take place because equilibrium is kept between production and money. Did I understand your point correctly?