From Zero Hedge:
Somehow even as all that deflation in home prices continues, like perfectly joined communicating vessels, countervailing inflation continues seeping into pretty much every other aspect of society. But don’t take our word for it, (or even gold’s, which is just under all time record notional highs): according to Rasmussen, “Americans nationwide continue to lose faith in the Federal Reserve Board to keep inflation under control, with the number who say they are paying more for groceries now at an all-time high.” Specifically, “93% of adults report paying more for groceries now than they did a year ago, the highest finding to date…
I still tend to agree with those who hold we are in a long-term, deflationary trend…but this doesn’t mean we can’t have short-term, inflationary spikes…like we’re having right now. While oil prices have tumbled from their highs of the Spring, the fact remains that gasoline prices are still significantly higher than they were a year ago…and I don’t know about the rest of you, but I get sticker shock when I go grocery shopping.
All of this inflation is the result of Bernanke printing up money. Remember, he did this so that he would have the money necessary to bail out the banksters – and all the money printing works out to picking your pocket. The dollars you have, you see?, are now worth less…but those with things of actual value to sell simply cannot take less than fair value for their goods. If they did, then they’d go out of business. This means that everyone with things of real value to sell (gasoline or food, for instance) must charge more. This isn’t price-gouging as liberal class-warfare talking points would have it…it is a logical, reasonable response to events. In this case, the deliberate devaluing of our currency by our central bank in order that very rich people who run very large financial institutions shall not feel pain.
This is the final price of liberalism – our money being stolen by an agency of government so those most closely connected to government can be bailed out. Bernanke bailed out the banks, Obama/Pelosi/Reid bailed out the unions…they were looking out for their own, and the rest of us got screwed in the process. The cure is to end the relationship – and the primary means of doing that is to kill off Big Government, so that no corporation or union can, by manipulating government, gain the power to loot the people of their hard-earned wealth.