Gotta love Jim Quinn’s questioning of our beloved Fed chair’s concept of inflation:

Only an Ivy League academic could examine the following yearly price data and conclude, as Bernanke has, that inflation is well contained:

• Unleaded gas up 24% 
• Heating Oil up 28% 
• Corn up 50% 
• Wheat up 48% 
• Coffee up 56% 
• Sugar up 27% 
• Soybeans up 30% 
• Beef up 26% 
• Pork up 22% 
• Cotton up 101% 
• Copper up 33% 
• Silver up 72%

(Thanks to Colin for the link.)