This is hardly something new. Hard asset type investors were saying this in 2007/08 with the oil spike. Gold bugs were saying this in the mid 80s. Of course

This is hardly something new. Hard asset type investors were saying this in 2007/08 with the oil spike. Gold bugs were saying this in the mid 80s. Of course this is a misunderstanding of what is being measured but if inflation is in the news someone will be saying it is under reported. "What about food and energy!!"