Simple: Inflation will not come down because we are running a >$2 trillion fiscal deficit, which against a $30 trillion economy is approximately 7% monetary inflation forced into the economy every year by the Treasury selling bonds.Now some of that is absorbable by productivity improvement if you accept the government stealing all of it, and we apparently do. We also permit the government to steal 2% more than that with the Fed's so-called "2% target" which is in fact illegal under the Federal Reserve Act as defined by.......(Click link to read more)