Inflation Watch:

The Federal Reserve Stirs Poltergeist of Hyperinflation, Weimar Collapse

Asset Inflation/Deflation: The Fed’s QE2 Versus $15 Trillion in Losses

Fast Rising Food Prices Feed Inflation Fears

Reader “Skyrat” notes: “Just today I purchased a Famotidine (an antacid OTC medication) refill, 20 milligrams, sixty tablets for $4.00 at Wal-Mart. This replaces the (now empty) bottle I purchased 20 August 2010, for $4.00. The kicker? The new bottle held only ninety tablets. Rising cost of living, anyone?”

Corn, food and potential sticker shock

Freakanomics: A Dunkin’ Donuts Store Exhibits Penny Sanity. JWR’s Comment: I believe this trend will continue until a zero is inevitably knocked off the currency.

Food Inflation Accelerating as Cooking Oil Poised to Catch Grains.