In today’s economic climate, discerning fact from fiction is vital.

 At JP4 for Alaska State Governor, we are committed to shining a light on the concept of fake inflation- a trend where inflation rates are manipulated or misrepresented to create misleading narratives about economic conditions. It’s crucial for voters and citizens to understand how these misrepresentations can affect their everyday lives and the overall economy. Fake inflation often distorts the true economic landscape, leading to unwarranted fear, policy changes, and impactful decisions that can ripple through local communities. By understanding this phenomenon, individuals can better navigate the complexities of the economy and advocate for their rights. 

Our goal is to equip Alaskans with the knowledge to recognize unjust claims about inflation, ensuring voters are informed and able to reject misleading information that could harm our state. Join us at JP4 as we uncover the realities of inflation by fostering a society that values truth. 

The truth is that inflation cannot be predicted and it changes every year. Inflation in the past has been as high as 13.3% in 1979 and low as -10.3% in 1932. Average inflation for the last 30 years is 2.5% (that includes Covid inflation that reached 7%). Unfortunately, we do not know what inflation will be. for 2026 until the end of that year, but it is unlikely to be 2.5%. Controlling what we buy and what we spend for it controls inflation.

Companies and organizations increasing costs and needs based on 2.5% inflation is premature and self-fulfilling inflation. Don't buy into it! Let’s work together to build a strong Alaska, grounded in accurate economic understanding.