[UncleMeat]

So? The federal reserve would have to have a very different mandate for it to make policy based off of a basket optimized for public health. I'm sorry that your personal food prices are higher. I just don't see why it matters at scale.

[tarboreus]

Great, the price of ramen noodles and curved screen TVs is stable. Thanks, Fed, time to set interest rates at -1% for the next ten years of whacky growth.

[roywiggins]

Low inflation doesn't mean everything is fine, it just means that you don't have exponentially inflating prices on top of whatever other problems you've got.