Already Record Food Prices Rise By 3.4% In January

Gotta run today, but just so you don't worry, Helicopter Ben and Trichet say there is no inflation.  There is nothing to see here....move along.

http://www.zerohedge.com/article/already-record-food-prices-rise-34-january



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And by the way, cotton is higher than it's been for 150 years, and copper is over $4.50/pound, the highest it has ever been.  But rest assured there is no inflation.  Don't ever forget, The Bernank was Time Man Of The Year in 2009.

And then there is this:
 
Commodities Reach Two-Year High as Global Growth Drives Demand

http://www.bloomberg.com/news/2011-02-03/commodity-index-climbs-to-two-year-high-as-economic-growth-drives-demand.html

Good thing they don't track commodities for inflation purposes.