INFLATION ALERT: Prices rising for goods and services consumers want

There is no inflation if you don’t eat food, live under a roof, or receive medical care.

The Wall Street Journal is out with a couple of fascinating charts, using data from the Bureau of Labor Statistics.

Put simply, the stuff we want is costing more, and the stuff we don’t want is cheaper.

Here are the charts:

Although the Federal Reserve’s balance sheet has stabilized, adding a few trillion dollars to the economy will have its consequences.

(H/T Economic Policy Journal)