Per J0HNS0N:
I remember when inflation was 10+ percent/year. These are GOOD times.

Relative to 10%, yes - total agreement.

But I question the idea that we are not already experiencing significant
"inflation" - quotes because I am not sure what the technical definition
is.

In fact I do not even know if there is a number that purports to reflect
real-world living expenses for us common people. Certainly CPI does not
because it does not include fuel or food.
--
Pete Cresswell