Does this look like inflation?

  • Wheat prices are up 54% since June
  • Corn prices are up 26% since June
  • Soybean prices are up 13% since June
  • Cotton prices are up 20% since June
  • Coffee prices are up 36% since June
  • Sugar prices are up 38% since June
  • Copper prices are up 18% since June
  • Gold prices have risen 6% in the last month.

This data came from James Quinn. See his full discussion of the issue.