Heh. I don't think of myself as a bitcoiner, even though I have bitcoin. And I don't blame everything on money printing, even though I went to the trouble of reading Human Action by Mises and other works of Austrian economics. I just thought it was a funny graphic that bitcoiners would like. I think it was made by a bitcoiner.

What is wrong with printing money is that it is unfair and fundamentally cheating. But if you want to predict things, the velocity of money cannot be ignored. Lots of printed money that isn't moving doesn't push up prices. Small amounts of money that is moving like a hot potato pushes up prices. And these are positive-feedback cycles, either driving down towards depression (which is where Austrians think we should be all the time, but they don't say it that way), or spiraling up towards hyperinflation.