Are TIPS mispriced?

Sectors of an economy can go up and down becpsed on a variety of factors, but if they go down and businesses have sales to try and drum up more volume, or lower prices to get marketshare, this is not deflation.

Since there are more dollars outstanding today then ever before, and in a couple months time a new record will be made, the value of these dollars will be going down. This is the basic mechanism of inflation.

It will not reverse course unless the government makes a massive change, and that change seems impossible.