The challenge is that people do not understand what inflation even is.  We get CPI reports and the tie to prices believing that is inflation (or deflation).  It is not.  The inflation rate is the amount of a currency produced as you stated about GRIN.  Nothing you wrote mentions prices, only the creation rate.  This is correct.

People look at inflation (and deflation) on prices.  But they tend to only view it through what they are buying.  People hate inflation except when it comes to selling their house or stocks, then they like the price to go up.  Also, few ever discuss the materialization of inflation on jobs.  Of course, this becomes evident when deflation is in the air and jobs are lost (that is where deflation mostly emerges).

And then there is the business cycle.  Sound money (read fixed) advocates tend not to even consider this.

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