Do you know what inflation is? Do you know what inflation is not? Where does this devastating thing called inflation come from? Is it because of inflation that our cost of living has increased so rapidly as of late? Will it get better or worse? — There is a lot of talk in the mainstream, social media, and even colleges as to what inflation is. There are talks about cost-push inflation, wage-price spiral, price inflation, Phillips Curve, etc., etc., etc..