Forget TIP--buy Potatoes Instead
Item Dec 08 Oct 12 % Change
Potatoes (Lb) $0.32 $1.30 306%
Butter (Lb) $1.95 $5.19 166%
Coffee (2Lb) $5.49 $13.69 149%
Gasoline (Gal) $1.61 $3.82 137%
Gold (Troy Oz.) $865.00 $1732.75 100%
Flour (5Lb) $1.97 $3.90 98%
Sugar (5Lb) $2.68 $3.79 41%
Inflation (CPI less
Energy and Food) $107.67 $113.97 6%
Housing (Case-
Shiller 20) $150.58 $142.10 -6%
I could probably make a comment or two about this chart--however I shall just let you ponder it and the word transitory somehow does not figure prominently in my ponders :)
This is a summary from a chart posted on the Counfounded Interest blog.