Wednesday, May 18, 2011

I Would Like to Believe Pejman Yousefzadeh...

...that inflation isn't really a problem. I really really would. But when the article he links in support of this thesis offers the following bizzaritude, I can't:

The recent pace [of inflation] can't be sustained, but food and energy will continue to rise.

The hell? In what universe is a consistent rise in food and energy prices NOT inflation? Why on earth would anyone suppose that a rise in the thing that humans and their machines need daily will not drive up prices in other sectors?

It's a plumb good thang I kin dine on
squirrel pies and old shoes.

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