Not sure what you are talking about. Gold has inflation and it has been that way for thousands of years and it is much larger mcap and more trusted with value than Bitcoin. 

Even Bitcoin has inflation right now.

Using xmrbtc price charts is only a single metric and is price discovery in action. Here are a few examples that show the market choosing Monero over time:

https://image.nostr.build/975326fdc046527477af1c338f959485e7ff210e5ebd7129dd115c28131f1fa6.jpg
https://image.nostr.build/1f90427dc509f688d750d255d92b72f31f9bd43b8d097617e5418697e49f98a7.jpg
https://image.nostr.build/4546e4e58976e70d252c1a1dec4e86a1de8d0ddbb577227e85ff069b94a0a277.jpg
https://image.nostr.build/80fbb7770109c61e10775484e031bfed633b94e7883c562df5e7e4d6aba2899a.jpg