Does inflation even matter? The growing secrecy of the CPI

``The Federal Reserve is playing an interesting hand here. First, they do want to create inflation because that will make our monumental debts cheaper in the long-run. At the same time, they don't want this inflation to appear in official government data because this would force more payments out in a variety of programs including Social Security. So the name of the game is internally fry through dollars while telling the public that inflation is nonexistent. This is the kind of loose accounting the Federal Reserve does to keep its banking friends happy.''