Bernanke says if inflation expectations anchored, food, energy prices have little effect on core prices. that will provide much needed relief to those of us that atcaully eat food and use oil for heating and gas. investors fail to realize the full effect of oil such as all the products that are made using oil from paints to plastics. did anyone else notice how much consumer debt increased yesterday? the gain was most notable on credit cards.the cnbc pumpers will argue that the consumer is healthy;in my eyes,the consumer is about as healthy as a degenerate gambler going to a loanshark.its only a matter of time before he skips some payments and gets a beating. also,the big gain in credit card debt shows that the consumer is having a tough time getting home equity loans as lenders tighten standards and mortgage companies appraise peoples homes at more realistic values. lets not forget that the dollar keeps falling,that is not good either.