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Crippling inflation, leading up to the Great Financial Crisis, was improperly measured by policy makers and statisticians, resulting in a real phenomenon of asset price inflation. The aftermath saw over 10 million homes lost to foreclosures, impacting families who were part of a speculative bubble. The Federal Reserve failed to recognize and address the issue, leading to the author's frustration and inspiration to write a book titled "Fed Up" to prevent a repeat of the same situation.
