What Is Inflation?

To simplify something liberals in our government want to complicate, so as to confuse those who don't really know WHAT "inflation" really is, I present this: Inflation is simply, printing more money that there is value to back it up, and that is something our government has done on a regular basis since they created the Federal Reserve, back in 1913. Liberals in our government try and convince you it is the "wage-price spiral" that is responsible, but it is not. The "wage-price spiral" is a SYMPTOM of inflation. When a dollar becomes worth less in buying power, employees demand more money, just to stay "even." This causes the employer to raise HIS prices, for the same reason. This, in turn, causes more inflation and the employees demand more money, causing the employer to raise his prices, etc., etc. That is the "Wage-price spiral," and it is CAUSED by inflation. In the article linked below, it is the FIRST definition that is the simnplest. Any attempt to further define it will complicate things -- which is what the liberals want to do. (About.com,)