Is inflation good or bad for bitcoin?

It seems that both high inflation and low inflation are good for bitcoin.

If inflation is high, that's good for bitcoin, because bitcoin is inflation hedge, the printer goes brrrr... and we need sound money to protect us from all that.

If inflation is low, it means that fed is going to cut interest rates, meaning there will be fresh money on the market, which is of course, good for bitcoin.

So it seems that whatever happens to inflation, it's good for bitcoin. Well, I mean, at least according to bitcoiners.