Haha! I don't know if Tom is being facetious or what, but inflation has nothing to do with the Fed; it's climate change; or more accurately, temperature change.
http://www.321gold.com/editorials/mccle ... 22221.html
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http://www.321gold.com/editorials/mccle ... 22221.html
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The likely “cause” of why this works is agricultural. Higher temperatures, and rising temperatures, tend to be better for agricultural production. This leads to lower food costs, which trickles through to costs for lots of other things. But even if we cannot identify the root cause for this correlation, we have enough years’ worth of data to demonstrate that it is a real phenomenon, and it is up to us to guess at what the causes may be. Even if we don’t know the cause, we can still make use of the insights.