[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....)?

[Rokke]

Actually the rate of change in the price of health care is almost right at its ten year average. The factors measured by the Consumer Price Index to measure the rate of inflation don't change from year to year. "They" don't add or remove things to manipulate inflation figures. "You" may be manipulated by the media to believe some things are rising at abnormal rates (healthcare, housing etc), but that is because the media has an agenda to manipulate your thinking. The CPI does not.