U.S. inflation at highest level in over two years

http://www.msnbc.msn.com/id/43020287/ns/business-stocks_and_economy/

But little sign of a broader pick-up in inflation that would trouble Federal Reserve

**Opinion**

Here is something that I've mentioned before and will continue to since I don't believe that it receives enough attention (and is a huge problem). The problem: inflation is unpredictable and pretty much inevitable vs. salaries/incomes being a lot more predictable. Also, important to note is that many times salaries remain to be the same or have insignificant increases over time. Moreover, if the inflation rate averages three percent per year, prices will double approximately every 24 years. Lastly, this means that the power/value of the dollar is lessened.