Wow, now here is an astute piece.
~ Charles Hugh Smith. October 1, 2012
If we look at what’s skyrocketed in price (healthcare, tertiary education), we find they are government funded and supported. This is not a coincidence. (more)
A variation really of the Friedman theory that inflation is always and everywhere a monetary phenomenon.
Inflation is a result of the Golden Rule – the ones with/printing the money make the rules. And the rule is, inflation is a government policy objective. (and because Govt’s have useless cost-control systems)
Where their power and money is concentrated, is where the inflation is.