Consumer Price Inflation - What's the Correlation?

Jeff Yang: What correlation is there to consumer prices in the united states? There's actually a pretty good one. If you look at the chinese dad a monthly versus the us, they match up much closer with us. When we talk about actual inflation and economic conditions, even treasury yields, what we're really talking about is this global monetary system. So maybe there are times when the us. C p i can go up, but if that isn't matched by inflation data around the rest of the world than were, we're looking at idiosyncrasies that probably aren't going to last.