the data completely eviscerate her argument about food inflation and as a matter of fact, food/energy inflation actually decreased (ie deflated) during the first round of QE. While I will agree that it looks like commodity inflation may be coming down the pipeline, I am not sure you can really blame the Fed for bad crop yields globally, our stupid farm subsidies that keep prices artificially high, and a market system that not only enables and encourages speculation in necessities but that does so with extremely low margin requirements that increase leveraging ability. What i would like to know, is where were Palin’s complaints about food inflation during the 2008 campaign when food inflation was running at 7.5% annually.