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Inflation Watch:

The Monetization of Lumber [1]

National 17.5%, California 22% Global Food Crisis Forecast As Prices Reach Record Highs [2]

Fed looks set for new round of monetary easing [3]

From Zero Hedge: A Quick Glance at Real World Inflation [4] The chart says it all. The official hedonic-adjusted inflation figures are laughable.

Federal Reserve Asset Buying May Reach $2 Trillion, Goldman’s Hatzius Says [5]