Nicolas Rabener - Myth-Busting: Money Printing Must Create Inflation

I was debating with some Bitcoiners, who said that central banks cause inflation. I then found these two interesting articles. 

Similar analysis on the eurozone reflects the same trend: Central bank money printing is largely irrelevant to money supply and inflation.

Given their typical mandate to create moderate inflation, the all-powerful central banks seem quite powerless. Or they are simply fighting forces they cannot overcome: namely, the negative demographics and negative productivity growth that contribute to low economic growth.

Nicolas Rabener - Myth-Busting: Money Printing Must Create Inflation

John T Harvey 

Money Growth Does Not Cause Inflation! By John T Harvey