Look at this:

I find few people who argue that inflation has been under control since the 1960s, let's say.

For 25-30 years, we've seen a period of hyperinflation. Taken over a century, inflation in many areas has been a 30-40x factor. In some other areas, not nearly as much. And the commoditization of electronics has produced hyperdeflation. But the technology doesn't drive the numbers as much as broader commodities, like oil. So the memory board you just bought is 20x cheaper that what you paid for similar memory five years ago. But it cost you over $3/gal to drive to the store, paying thousands in insurance/yr, after just having a routine service cost over $100 for parts, alone. And while the gallon of juice you bought at Costco is not so much more than 10 years ago at the market, stopping off at the post office costs about 4-5x as much, grabbing some lunch probably 2-3x, etc, etc.

And the government tries to 'solve it'? The government taxation has in many cases helped cause it. The over-regulation and costs of 'compliance' have done the same. That cannot be overstated.