First published by Money Metals Exchange here: https://www.moneymetals.com/news/2024/01/12/common-definition-of-inflation-you-hear-today-is-wrong-government-propaganda-002925
<p><img src='https://www.moneymetals.com/uploads/content/wrong-face-min.jpg'/></p>The standard definition of inflation as &quot;rising prices&quot; you hear during White House press conferences or a CNBC roundtable is wrong. It&#039;s basically just government propaganda.