Mark in SF

The Fed is Deflating: 10 Reasons Why

This is a great article. I've been trying to explain to people why commodity prices increases, and the prices of items that are heavily dependent on commodities, does not constitute inflation - at least not the kind we associate with a y/y percentage like in the 70's. Also been trying to explain that the fed is NOT printing money (at least yet). I will refer them to this article, which does a better job of explaining than I've been able to do.