Bernanke the Liar

If you watched Ben Bernanke on 60 Minutes last night. He fed you a pack of lies. He claims inflation is dormant. The data shows otherwise. From Zero Hedge.com: Oil is at $89 a barrel, up 21% in the last year. Gold is trading at $1,413, up 23% in the last year. Silver is trading at $30, up 66% in the last year. Copper is trading at 4 per pound, up 26% in the last year. Corn is trading at 573 a bushel, up 49% in the last year. Soybeans are trading at 1,300 a bushel, up 23% in the last year. Wheat is trading at 779 a bushel, up 41% in the last year. Pork is trading at 104 a pound, up 23% in the last year. Beef is trading at 106 a pound, up 28% in the last year. Cotton is trading at 130 per pound, up 78% in the last year. Sugar is trading at 29 per pound, up 32% in the last year. Coffee is trading at 205 per pound, up 40% in the last year.