Tornado Alley (PROG)

[dickmilde]

This says it all about that item...

"Core inflation — a measure that excludes volatile food and energy prices, and is widely considered a better gauge of underlying trends than the headline number — is running at just 0.6 percent, the lowest level ever recorded."

That is clearly a false statement intended to deliberately mislead those that don't understand the real world of business and economics. The misrepresentation of the "core rate" of inflation, which excludes food and energy, is widely known and understood.

Here is yet another indicator of the underlying trend in prices... Corn is an ingredient in about 4000 items sold in grocery stores. So if you eat and drive, inflation is alive and well.



Higher gasoline prices come from here:



http://www.traderslog.com/quotes-charts/?sym=C!&studies=VOLI;&a=W