SignOnSanDiego reports (as do many others) growing calls that the calculation of “core inflation” doesn’t do anyone any favors since it excludes the prices of food and gas - things that most of us buy more often than, say, flat-screen televisions. I can tell you the TVs are getting cheaper. $3.50 gas and $5 milk, those, not so much.

bernanke price inflation

2.4%, huh?