I just made this quick video to break down 2 key points about inflation…
This video was spawned by a post by Bill Bonner over at Daily Reckoning.
Also, in the video I made a brief mention of the Amazon Kindle
I hope the two insights about inflation & deflation are helpful to you.
Have a great weekend 
Hey Jeff – a couple of points: Inflation is published with and without food and energy. What really confounds these numbers are the shifting definitions – the basket of goods and services used in the measurements and the adjustments (seasonal and survey). John Williams does a great job with these – http://www.shadowstats.com
Your perspective on deflation assumes, as you say, a robust economy. Unfortunately over the last several decades America has gone from a creditor nation to a debtor nation. With huge government, corporate and personal debt loads, deflation is a nightmare. Imagine your income deflating while your debt remains the same. On the other hand, inflation, a rising income, makes it continually easier to make payments. And yes even borrow more. So though I don’t see deflation as a good thing, inflation feeds greed which has now come home to roost! In most of the “developed” world companies and individuals are looking for someone else to pay.