No Inflation...so they say

According to the Department of Labor, U. S. Consumer Prices increased 0,7% in February.  More troublesome yet, the Department reports that Gasoline Prices shot up 9,1% during the same Period.

http://www.nbcnews.com/business/economywatch/consumer-prices-soar-inflation-check-1C8886085


However, the Federal Reserve, under the Ægis of its Chairman, Mr. Bernanke, states that there is nothing to worry about.

Go figure...

But this is nothing new.  For some Reason, for Years now, the Federal Reserve gets to decide which Price Increases are inflationary and which are not...everyione else just gets to pay more...

In Memoriam - 15 March „The Ides of March”

Today, 15 March, „The Ides of March” in the Year 44 B. C., Caius Julius Cæsar was assassinated.

Ich bin nicht nachtragend aber ich vergesse nichts.  F. W. Steinmeier