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Crippling inflation leading up to the great financial crisis was not properly measured by policymakers and statisticians, leading to a real phenomenon of asset price inflation. 10 million families lost their homes to foreclosures in the aftermath, as they were misled to believe that inflation wasn't a concern. The Federal Reserve failed to recognize the bubble and take action, prompting the author to write a book called "Fed Up" to highlight the importance of addressing and not ignoring economic issues.