Inflation is a problem. The only entity that denies it is the government and the Federal Reserve, principally because they cause inflation.
Inflation is defined as the expansion of money and credit. When that expansion is faster than real economic growth, the differential shows up as higher prices. When the government runs a deficit, it expands the money supply. This happens because government debt is interchangeable with cash. The Fed makes this clear when they buy government debt in exchange for Federal Reserve Notes. This is known as monetizing debt. The private sector can do the same by pledging US Treasuries to borrow Federal Reserve notes.
Rising prices are front and center in the minds of people everywhere. We are unaware of a country anywhere on the planet not suffering inflation. The problem has become so large that people need to create humor around it to cope. Here is one such example. I chose this one as my wife tells me every weekend when she returns from the grocery how bad it is getting. That has happened non-stop for a year and a half now.
Photo by SHVETS production: https://www.pexels.com/photo/shouting-woman-with-hands-on-head-in-dim-red-light-7204235/
