Think inflation is simply prices rising? They have hidden the mechanism.
(www.fxstreet.com)
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The prices are still the same ---- a hamburger still costs the same number of hotdogs ---- it's your currency that is fucked --- from government printing fiat currency .
The currency is representing our labor, however. So yes the price is higher for every working person.
No it isn't.
Anyone still work for a dollar an hour?