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Takeaway: God forbid someone actually acknowledged the obvious.

Note to Janet Yellen and supreme central planners at the Fed: Whatever you do, don’t admit that there’s inflation.

Ever.

Inflation? No Way In H-E-Double Hockey Sticks Right? - inf5

Definitely don’t look at Natural Gas which is ripping another +5.2% higher to $5.48.

That's up almost 30% year-to-date.

Inflation? No Way In H-E-Double Hockey Sticks Right? - Natty

And definitely don’t look at the CRB Commodity Index. Or Gold.

Both continue to totally trounce major U.S. equity indices up +4.7% and +9.6% respectively year-to-date.

Inflation?

Nah

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