No, it's not the definition of inflation. If Monet becomes very fashionable and his paintings double in value, that's not 'inflation' it's just something incre

No, it's not the definition of inflation. If Monet becomes very fashionable and his paintings double in value, that's not 'inflation' it's just something increasing in value. When the government prints trillions of dollars to bail out corrupt wallstreet firms and hedge funds so that the super rich can avoid the consequences of their high risk investment strategies, and this causes the purchasing power of money to decrease, that is inflation, and that is what is happening. Wood just has a low ability to flex up production quickly compared to many other goods. The price of a Big Mac has gone up 12% in the last year and a half. I encourage you to pick something and price compare it from pre to post covid and see if inflation might not be higher than the official number.