This week I did experience pump pain. Gasoline was $3.39 per gallon and prices are going up. Also, we got a massive surge in commodity prices causing a global food crisis in our new year. Basically, this is exacerbated by galloping inflation that is accosting us now. Ben Bernake says there is no inflation in america. However, core inflation does not measure prices in food and energy. Frankly, both of those are going up. This is bad news. Yeah, for consumers. I expect as inflation races, price will continue to increase. Perhaps politicians can stop the printing press. Hopefully, before the fed money machine destroys our currency.
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