Deflation

Was there some memo sent by the Fed to all the banks and media outlets to talk up deflation so they can continue printing more money?  Oil is at 82, gold is at 1200, wheat is at 7, and copper is almost back to pre-bust levels.  I also hear rents are steady to rising. 

This only emphasizes my view that the Fed is always late.  About 1 to 2 months late.  They are still viewing everything from when the markets were getting crushed in May and June.