Core Inflation

WSJ Opinion Editorial tells the truth about the Inflation numbers

A dose of reality not a bad thing right now. Bumped by carol in the interest of sanity. Originally posted 2008-03-11 08:22:47 -0500.

If you are old enough, in 4th grade, accustomed to jig saw puzzles, and then looking at a map of the world, you might have thought: "gees, this rounded protruding part of South America looks as if it could fit right into this shallow depression along the edge of Africa." (Okay, I know that fourth graders don't talk like that, but hopefully you get the picture.)