Wow

 

There's a shock...

ECONOMY Key Fed inflation measure rose 0.6% in January, more than expected

"Headline inflation increased 0.6% and 5.4% respectively. 

All the numbers were higher than estimates."

(Thats sarcasm BTW.)

"The personal consumption expenditures price index excluding food and energy increased 0.6% for the month, and was up 4.7% from a year ago, the Commerce Department reported Friday. Wall Street had been expecting respective readings of 0.5% and 4.4%."

"Consumer spending also rose more than expected as prices increased, jumping 1.8% for the month vs. the estimate for 1.4%. Adjusted for inflation, prices rose 1.1%."

(You cant say the economy is good because:

 consumer spending is up.

 when:

 consumer spending is only up 

because:

prices have risen as a result of 

the money supply being inflated.

it's circular reasoning and it ignores the problem which is:

the money supply being inflated.)