Glenn Beck has cited recent, short-term increases in commodities prices to fearmonger over rising inflation -- an explanation that economists tell Media Matters is "nonsense" because of the extreme volatility of such prices.

Yesterday, Beck opened his Fox News show by claiming that "this morning, I read a report out of China. Walmart, Gap and JC Penney are now worried about, quote, 'terrifying' rise on cotton prices that could skyrocket your clothing prices by as much as 30 percent by spring. That's inflation -- radical inflation."