Re: You're waving your hands and changing the subject.
The PPI, which measures prices received by farms, factories and refineries, jumped 1.6 percent last month, the largest increase since June 2009, the Labor Department said. The gain was more than double economists' expectations.
"You are seeing inflation on the goods side, you don't see it on the service side. This is a service economy and inflation will be driven more by wages and to this point wages are reasonable," said Levitt. "But on Main Street, you will certainly feel the shock whether it is at the gas pump or the supermarket.
So...do you think anyone truly cares if PWC can hold its client rate steady or boeing can keep the price of jets in slight decline in the face of gas prices that will likely remain $3.50 plus and large scale increases in food pricing?
Keep pointing at "core" inflation and plugging your ears and "la la la"ing while main street screams uncle.