The inflationists are going gaga over the latest PPI report. Biggest jump in inflation since February.
In this video I discuss how the PPI is one of the indicators that is a lot less important than in the past. We are in the digital age with semiconductors making up more than 2% of the US economy.
▶️ 3Speak
The inflation that is killing me is my good beers have gone from about $3-4 pint to $5-7. That hurts my pocket!
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