[BfloGuy]

The price increases in commodities (and the stock market for that matter) are the beginnings of the inflation that our execrable economics reporters are claiming doesn't exist. I'm sure it has already begun to affect consumer prices, but the increases in productivity -- which would normally drive prices down -- are disguising it.

Hold on to your hats, fellow Freepers, the ride has begun!

[EBH]

are the beginnings of the inflation that our execrable economics reporters are claiming doesn't exist

The inflation is there and for these experts it seems to be hidden or they are in denial. A website I visit has a $45 Emergency meal plan posted and now that plan has been price corrected to a little over $70 for the exact same foods. The menu plan is not anything at all fancy. Lots of bean, tuna, peas etc.

Gas is already approaching $3@gallon here in my area and suspect for some is already more than that.

My budget has been tight for the past year and prices are forcing me to look for other work to keep my head above water.

I am very worried about the financial events 6 months from now. All these new taxes on the horizon for who knows what new causes/crisis.

I don't think the experts see it yet, because they don't feel the effects yet.