Inflation? Is the CPI accurate?

John Mauldin had a good piece today on the definition of inflation.  Inflation is one of the critical, yet elusive, economic parameters that is studied today.  Mauldin seems to think that the current CPI is accurate despite the fact that they leave out food and fuel.  I tend to disagree, as food and fuel make up a huge portion of any living person's monthly expenses.

O, if only we were lithovores..  then perhaps the CPI would be more accurate.

The Measure of Obama

Most of you know I am no fan of Obama, and I have previously called him narcissistic, but this is perhaps a more accurate representation of him.   He is no great president, not a leader, or a uniter, or any of the things that he promised.   He is not a religious man, or even a spiritual man.  He believes only in his own goodness and seeks only to magnify and glorify himself.

2011: A visual diagram of the European debt crisis

I just recently found this visual representation of the European debt crisis.  I imagine the data is old but the overarching trends in borrowing are similar.

My country is different!

Below I have transcribed a copy of John Mauldin's latest "Thoughts from the Frontline".   I have edited it to remove some of the personal/sales touches that he adds to his letters, but you are free to read the original version.

This is an absolutely pivotal article that begins to distill the underlying structural elements that we observe in the world financial and economic crisis, and give you an idea of how to protect yourself from the insanity that has, is, and likely will be, propagated by central bankers.  It is the latest iteration of my quest to become the "little priest in Germany" who avoided the German mark crisis in the late 1910's.