[Rokke]

Actually, everyone (including the Fed) is saying the current rate of inflation is just over 2%. However, the price of most of the products you listed have little to do with the rate of inflation. Cable fees are driven as much by supply and demand and competition as anything else. Cigerettes are being taxed into the next dimension. Utilities are cyclical and driven by the cost of natural resources. In many cases prices are coming down. Especially electronics. In fact, with the exception of cigerettes, I can't think of anything that has become dramatically more expensive in the last couple years.

[Mulder]

Actually, everyone (including the Fed) is saying the current rate of inflation is just over 2%.

Isn't it interesting how they can make the case that there is no inflation by simply not counting the items that have seen significant inflation (such as houses, medicial care, college, etc....)?