I will start by taking for granted that most people feel that our economy is struggling and that higher prices are being felt.  But why is our economy struggling? 

One of the biggest reasons is inflation.  So, what exactly is inflation and why is it a problem?  Inflation has recently been redefined as a rise in prices; however, real inflation is an increase in the money supply (a.k.a. printing money and credit out of thin air), and this leads to overall higher prices.

For our dollar, the increase in the money supply has been alarming and devastating to everyday Americans.  The money supply inflation has been at about 15 percent, which is much higher than most Americans' yearly pay raise.  This is devastating to Americans because our earnings and savings are worth less and less; for example, it takes $3.60 to buy a gallon of gas instead of $2.