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For all the talk about "noisy inflation" this and "rising prices are good for the economy" that, what the Fed's cheerleading squad continues to ignore is the one most important inflation the US economy needs in order to actually have a sustainable recovery instead of centrally-planned stagflation: wage inflation:
http://www.zerohedge.com/news/2014-...ere-real-wages-post-first-annual-decline-2012
http://www.zerohedge.com/news/2014-...ere-real-wages-post-first-annual-decline-2012