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Inflation hits home.(LETTERS)(Letter to the editor)

Steep hikes in the price of bread and cheese raise red flags for one reader. Another challenges a columnist's stock pick. A reader says you might do better buying a foreclosed home at auction. And the owner of a GPS navigation device says he got a bum steer.

And TIPS won't help. I disagree with James Glassman's endorsement of Treasury inflation-protected securities ("Opening Shot," June). My wife and I had a substantial portion of our savings in TIPS bonds. But we pulled out our money because I concluded the government was manipulating the economic data to underestimate the true level of inflation. For example, a loaf of store-brand multigrain bread went from $2.39 to ...

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