Inflation Watch:

Wiedemer: Inflation on the Way Despite Deflation Fears

Carlos in the U.P. wrote: “I noted with interest that the Wal-Mart I shop at had cleared the shelves of “Great Value” brand coffee in 39 oz cans for about 2 weeks. Today the new can appeared, with the following differences: 1.) Can is now 33.9 oz, down from 39 oz. Also conspicuously missing is the conversion of 2lb, 7oz therefore no comparison in pounds is easily made. 2.) Price for this smaller can is up from $9.88 to $10.48, by my rustic math an approximate 20% increase! 3.) Contents of can are no longer ‘Premium Columbian’ Decaffeinated. Now labeled ‘100% Classic Decaf'”

Marc Faber and Mish Shedlock continue their polite sparring on the threat of inflation.

McDonalds to raise prices

Dr. Marc Faber: “Print, Print and Print”

General Mills Signals Faster U.S. Food Inflation. (Thanks to Keeley for the link.)