Again, you are giving examples of price changes in specific goods, not inflation.
Supply shock - is specific to the asset experiencing the shock. This is not inflation.
Wage growth - the specific asset here is human capital.
Inflation is when all prices increase, or equivalently, when the buying power of the fiat currency reduces. I.e. when more money exists than there was before.
It is caused by this.
And the other is a reduction in quantity of goods and services.
No, that is the result of inflation, not the basis (reason).
And supply shock, and wage growth, and tons of other things. You literally said “inflation is an increase in the money supply”
Again, you are giving examples of price changes in specific goods, not inflation.
Supply shock - is specific to the asset experiencing the shock. This is not inflation.
Wage growth - the specific asset here is human capital.
Inflation is when all prices increase, or equivalently, when the buying power of the fiat currency reduces. I.e. when more money exists than there was before.