[RightWhale]

Food and fuel are not included in the Fed inflation stats because if they did that inflation would be 10-30% a year and general panic would hit the streets. In the interest of not stimulating inflation even farther, food and fuel are ignored.

[Mase]

Food and fuel are not included in the Fed inflation stats

.... inflation would be 10-30% a year and general panic would hit the streets.

Maybe you should google the headline inflation numbers for June 2007 and let us know how close it is to 10-30%.

In the interest of not stimulating inflation even farther, food and fuel are ignored.

Ignoring something prevents it from increasing?