We are in the greatest period of commodity price inflation (2002-2007) since the Civil War, far worse than the Vietnam-price control-oil shock inflation of the 1970s. Just look at the board, sheesh.
Prices stable? That's the howler of the year.
Once again, your argument does not follow. What do current price fluctuations have anything to do with a policy that is not in force yet?
Prices stable? That's the howler of the year.We aren't supposed to notice those things when there's a Republican President.
LOL! Too young to remember the 70's?
This is a walk in the park compared to that. The economy is weakening. The risk now, with inflation already so low, is deflation. Watch and see.