The US inflation rate rose by 0.6% in May — the highest monthly increase since last November.

The core inflation rate, however, which excludes volatile food and energy prices, only rose 0.2%, easing fears that rising commodity prices would feed into more widespread inflation

But can the government’s inflation data be trusted? John Brown in The Daily Reckoning doesn’t think so…

“People”, counseled a colleague of mine, “don’t think logically. You have to appeal to their emotions”. And so it has been through the centuries. In politics. In love. And in money. Everyone wants a quick fix, an easy way out.