By Dann E. Kroeger

That is where we are today. The Federal Reserve has used its tools to lock inflation into our lives for some time to come. For most citizens, our major challenge today is to fight the rise in prices for consumables that matter most to us: food, housing, clothing, and transportation.

Over the past 5 years, the government’s official measurement—the Consumer Price Index (CPI)—shows a cumulative increase of about 20 percent. A visit to the store by any consumer, however, tells a much different story. We see price jumps much more than the 20 percent CPI. It is common to see some items jump 30 percent or more, and that continues in 2025.

Frank Shostak, in his article “Inflation Is Not Price Increases. Inflation Causes Price Increases,” states, “Despite its popularity, the idea of a consumer price index (CPI) is flawed. It is based on the view that it is possible to establish an average of prices of goods and services, which is not possible.” The article continues, “Inflation is not caused by the actions of private citizens, but by the government: by an artificial........

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