Recently a judge or someone in power in California defined a bee as a fish. It was something like that, though if not exactly that, it realistically doesn’t matter. Markets always speak, including markets for ideas. Ridiculous can’t last forever. Furthermore, foolishness about what a bee is can’t be too consequential.
Inflation is consequential. Without a doubt. And since it’s consequential, it’s essential that there be an understanding of the word’s meaning.