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December sees slowing US producer price inflation

December sees slowing US producer price inflation

The Producer prices have risen less than expected in the month of December, even though consumer prices continued to rise as expected. A rise of just 0.3% was seen in producer prices as compared to the 0.4% which were expected. This led to the producer prices being up similar to as seen in November, 0.8% YoY. Pricing power is continuously being limited due to the pandemic response.

Sandra
Sandra
Matt
Matt 1 months

We added 60% to M1 in one year. This is the coastline receding before the tsunami. I'd offer advice, but if you're only holding things worth USD, so by nature, on fiat ... it's going to hurt. If we hit hyperinflation, money wont even matter. Get some skills, people. Get closer to your friends and family.

The Facts Provider
The Facts Provider 1 months

Blame Antifa!

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