Wow! Inflation is everywhere but somehow no one on CNBC or in the world of trading seems to care. Here are a list of things that I have seen lately that have been interesting: - Bag of combos and a monster at a gas station -$4.53 - Slice of pizza at a dirty restaurant in the Bronx- $3.50 - Burger King meal at a random place in a suburb- $7.50 - 4 drinks, 1 Cheasesteak, 1 pasta meal in Hoboken- $50.00 - A large cup of coffee at the gas station- $1.50 - A large cup of coffee at the Dunkin Donuts- $2.50 - Gallon of milk at the store- $6+ - A small meal at a cheap Thai restaurant in NYC- $48 - 2 drinks at 230 5th St, $24 Lets not mention gas, $3.25 per gallon (Last years price at this time=$2.50) 30% rise alone on gasoline Cost of a 25 mile commute with a stop-off at the McDonalds for breakfast= $7-10 (one way trip) If Bernanke takes into consideration the *real* inflation, then I see 2-3 rate hikes this year. If he takes into consideration just the core, then I guess its no rate hikes while the above prices tick ever higher. So its either raise the rates so the common man can afford his commute and that cup of java at the gas station or hold the rates steady so the rich wall street man can keep bidding things up. Who will get screwed?