uh-huh...That’s why a box of doughnuts costs $5.40? Milk is more expensive than a gas? Low cut hamburger meat is a luxury for some right now?
Just because gold and silver were in a bubble does not mean that there was no inflation.
Not just foods and gas have gone up. I purchased lumber last year and this year both and the price is up as well for these items.
I believe the statement above about the velocity of money being to low for very high inflation.
Come on, that's not an essential unless you're you're a cop. Then it's a two or three times a day thing.