Let’s put the inflation argument to rest. I don’t know how many times I pointed out on this blog about inflation non-existence, it keeps coming up in various oped pieces.
Here’s the price of a gallon of milk:
And here’s the price of a loaf of bread:
From here.
Left with Balls 
You would think the sky-is-falling inflation crowd would have learned by now, but apparently the 1970s are lurking around every corner.
They really, really WANT it to happen!
But you know what – so do I, but for a different reason. They want inflation so that they can point their finger and finally, after 4 years of calling for doom and gloom, say to us: See, we told you so!
I merely want it as an indicator that the economy is finally growing.
Then we’re in the same boat!