CHUCK SIMMINS: Prognosis: Inflation. “Your increase in costs from 2005 to 2010 depended upon what you bought. Unless you bought the exact mix that goes into the CPI, you saw a different CPI, your personal CPI. If you are like me, your personal CPI went up a whole lot more than the government’s CPI.”

Related: The Return Of Stagflation? “So inflation is back in the picture and unemployment is rising again. Does the phrase ‘Carteresque’ come to mind?” As I’ve said before, at this point “Carteresque” is probably a best-case scenario.