There was a funny incident in 2011 when a Fed president claimed inflation was low because drops in the latter category canceled increases in the former, prompti

There was a funny incident in 2011 when a Fed president claimed inflation was low because drops in the latter category canceled increases in the former, prompting heckles of "I can't eat an iPad": https://news.yahoo.com/news/blogs/lookout/fed-official-heckled-t-eat-ipad-20110311-122230-439.html https://news.yahoo.com/news/blogs/lookout/fed-official-heckl...