Re: No inflation?
So because a few items went up badly in price inflation must be running amok?
There's always some nutter who claims that consumer prices have doubled in a short period of time, but they can't prove it other than by referring to a conspiracy theory site like shadowstats. Somehow people who got by on $20K a decade ago continue to do so today without having be forced to live in their car and eat cat food. Unless virtually every economist in the western world is in on it, you're never going to be able to defend such a ridiculous position.