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.
Factor in WAGE DEFLATION and I guarandamntee you there's inflation, and it's PAINFUL inflation.