Currency exchange-rate chaos is becoming an economic headwind and creating a crisis for capitalism…
Producer Price Index Hits Peak 11.3 Percent Inflation Driven by Biden Energy Policy – Service Prices Now Indicate Recession…
The “Producer Price Index” (PPI) is essentially the tracking of wholesale prices at three stages: Origination (commodity), Intermediate (processing), and then Final (to wholesale). Today, the Bureau of Labor and Statistics (BLS) released June price data [Available Here] showing another 11.3% increase year-over-year in Final Demand products at the wholesale level….