US producer prices surge in April Thanks, Joe!
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Patriot7
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Posted 11:48 am, 05/14/2024
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The dollar's demise is inevitable now and they will steal every penny we have in the banks thanks to the Dodd-Frank law in 2010 Obamination signed. They cannot get your physical gold and silver and noone with any sense will turn it all in when they demand that you do so. A parallel economy must be built to defeat their central bank digital currency plan to control us.
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UnoFire
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Posted 11:42 am, 05/14/2024
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Werent you whining about "high" interest rates?
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DB Cooper
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Posted 11:09 am, 05/14/2024
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Biden and stooge Jerome Powell have not raised interest rates nearly enough to stop inflation. The last time inflation got this out of hand Volcker took rates to 20%. What is the federal funds rate now, 5.5%? What a sad joke. Either the Biden regime is preventing Powell from going higher with rates or he is the biggest fool to ever darken the door of the Federal Reserve.
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surfer
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Posted 10:57 am, 05/14/2024
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Better thank Don and his $1B OIL DEAL
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DB Cooper
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Posted 10:44 am, 05/14/2024
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The report from the Labor Department on Tuesday also showed wholesale goods prices rising solidly last month, though the cost of food declined. Traders trimmed their expectations for a September interest rate cut from the Federal Reserve.
"Inflation at the producer level is back on the front burner this month and consumers are sure to feel the heat as higher production costs will feed into the inflation they see in the goods and services they buy," said Christopher Rupkey, chief economist at FWDBONDS. "If Fed officials were seeking some moderation from the inflation outbreak in the first quarter, it is not showing up at the start of the second quarter."
https://finance.yahoo.com/n...15678.html
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