If inflation is always theft, then Bitcoin is currently stealing from users of the Network. Bitcoin users will be dead before Bitcoin supply stops inflating.
When fruit grows during certain times of the year, we do not consider this to be theft of Nature. It is a predictable inflation of supply and the market adjusts accordingly.
Predictable inflation of supply can be factored by a market, and optionally participated in. Unpredictable inflation controlled by a few bankers who guard markets, is theft.
