Base Money and Inflation December 20, 2010, 10:07 am For those who think that it matters whether you use core or headline inflation: http://research.stlouisfed.org/fred2/graph/fredgraph.png?&chart_type=line&graph_id=&category_id=&recession_bars=On&width=480&height=378&bgcolor=%23B3CDE7&graph_bgcolor=%23FFFFFF&txtcolor=%23000000&ts=8&preserve_ratio=false&fo=ve&id=BOGAMBSL,CPIAUCSL&transformation=pc1,pc1&scale=Left,Left&range=Max,Max&cosd=1959-01-01,1947-01-01&coed=2010-11-01,2010-11-01&line_color=%230000FF,%23FF0000&link_values=,&mark_type=NONE,NONE&mw=4,4&line_style=Solid,Solid&lw=1,1&vintage_date=2010-12-20,2010-12-20&revision_date=2010-12-20,2010-12-20&mma=0,0&nd=,&ost=,&oet=,&fml=a,a&fq=Monthly,Monthly&fam=avg,avg&fgst=lin,lin http://krugman.blogs.nytimes.com/2010/12/20/base-money-and-inflation/