Thursday, January 5

No Inflation Here

"Inflation? What inflation? Didn't we tell you the core CPI was low--nothin' you needed to worry about?"

Yeah, sure.

Another piece by Bloomberg (Commodities rise to Record...) in the growing body of evidence, that in spite of the 13 headline-capturing rate hikes by the Fed, it has actually been a prolonged period of easy money.

The core rate of inflation is only two percent, you say? Man, you are well trained!

From a story over at the Financial Times (, metals prices continue to surge.

More to follow...

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