Any inflation, regardless of how economic growth goes, is positive for bitcoin and crypto in general.
Decentralised cryptos in general is in a very sweet spot whereby it has its own growth prospects due to rampant adoption as well as being a hedge against fiat collapse. It has low correlation in the long run with the fiat economy also.
So totally agree with your sentiment & analysis here. Stagflation is a huge concern for everyone in the population and it's time to take it seriously by hedging with precious metals, crypto, and alternative asset classes.