But I digress. I think by now most people understand that the Government-reported Consumer Price Index is not only a complete farce, but is a complete insult to the intelligence of anyone paying attention or not on entitlement program payments. The most rediculous measure of price inflation, and the one that Bernanke insists on shoving up our ass, is the "core" CPI reading, which excludes food and energy. Ummm, let's see. If I don't eat and I don't heat my home or drive my car, then I don't have to worry about inflation.
Let's take a look at some charts and you can decide if you think price inflation is building in the system:
Heres' the CRB Commodity Channel Index, and index of 28 global commodities - it happens to be up 58% since its December 2008 low (please click on the charts to enlarge):