Inflation isn't 1 thing and it doesn't have 1 cause. There are many ways to measure inflation. What you are suggesting, is exactly what economists and central

Inflation isn't 1 thing and it doesn't have 1 cause. There are many ways to measure inflation. What you are suggesting, is exactly what economists and central bankers try to figure out. To adjust monetary policy correctly you need to differentiate these things. Many of the policy recommend associated with inflation are really only associated with the first type of inflation. If its supply sides, then the recommended responses are totally different. 2008 is actually a good case, the central bank didn't react correctly because high oil prices were giving them false information. > I must misunderstand something because I never see this distinction in the medias. The media doesn't understand theses things either. And neither do the people listening to it.