Producer Inflation Hits Double Digits...OBiden Pushing For Even More Hyperinflation

March 15, 2022

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Stop being shocked about our economic problems...especially the Left, you voted for it.

You voted for the destruction of the American economy.

Even the right is still acting 'shocked'. How about just admitting OBiden is working for China and deal with that reality? (psssttt....it has nothing to do with Putin and Ukraine)

And today, more evidence the destruction of our way of life is well on its way.

Producer inflation year over year is now at double digits.

Meanwhile Congress (along with Republicans) passed another $Trillion plus spending bill, to borrow money and pour gas on the fire.

NY Empire State Manufacturing Index (Mar) printed at -11.8 vs 7 consensus estimate.

Producer Price Index (MoM) (Feb) printed at 0.8% vs 0.9% estimate.

Producer Price Index (YoY) (Feb) printed at the estimate of 10%.

Producer Price Index ex Food & Energy (MoM) (Feb) printed 0.2% vs 0.6% estimate.

Producer Price Index ex Food & Energy (YoY) (Feb) printed at 8.4% vs 8.7% estimate.

CDMedia is being targeted and obviously too effective! We need your support to put more reporters in the field! Help us here!

Author

CDM Staff

The mission at Creative Destruction Media is to be the catalyst for the "process of industrial mutation that incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one."