Inflation: Giving the Fed the Finger

These days, we are hearing a lot of doublespeak and spin when it comes to inflation numbers and the Federal Interest Rate. While the government tells us 'core inflation' is down and the 'inflation rate' is lower, we all know necessities - utilities and other goods - cost a lot more than they did only a few years ago. The Federal Reserve has tasked itself with fighting the rampant rise in prices, but inflation has given the Federal Reserve the proverbial New York State Bird in return. Still, it is the regular American who suffers amid all of this.

Swiss America CEO Dean Heskin and Chris Agelastos stop the spin, untwist the terms and break down how and why real inflation could get worse if left unattended on The Secret War on Cash.
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Articles discussed in this podcast:
The Fed's big miss on inflation has doomed the US to recession this year, top economist says (yahoo.com)
Inflation Gives Fed the Finger - The Daily Reckoning