12/13/11

Chart of the day is...

...coffee, weeklies:

The difference between 2010 and 2011:
  • 2010, inflation was real, largely to the continued commodities rebound after the Lehman deflation event.
  • 2011, inflation is imaginary and exists only in the mind of financial quacks and idiots with Weimar fixations or think household-scale economics is a perfect miscrocosm of how macro-scale economics works. Two hundred years ago that might have been the case but this is the 21st century people and you're wrong.

However, said idiots still get space in the media to expound their stupidity and enough sheeplike followers to make it worth their while.