Idiotic Headline: US consumer prices climb for 11th month

Who writes this stuff?!

The headline makes it sound like widespread and out of control inflation is our biggest problem, but buries that consumer prices are rising barely over 2% a year. That’s well within bounds of acceptable inflation.

Furthermore, over the last 35 years, I’ll bet (I haven’t checked so you might want to take me up on it), there aren’t more than a half dozen months without rising consumer prices, allbeit at perhaps at a slow rate.

Bad headline with no proper context, I grumble.

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