Bought food lately? Up to the last year one could say that about fuel also, but these low prices aren't going to last forever.
Seniors are getting financially KILLED by 8+ years of 0% interest rates. Combined with 0% COLA's for Social Security this country's Senior Citizens are falling into poverty level at an alarming rate.
you SERIOUSLY think there's no inflation?
That's what I like about hanging around the FR, everyone cares about what I think. The Fed sure doesn't tho, so even while you care so much about my thoughts when it comes to inflation the Fed only watches the PCE. This is the PCE:
It says no inflation.
We're in a period of deflation. Its one reason why commodity prices are getting crushed. Seniors relying on earnings from interest for their retirement are almost always going to have problems.