Posted on 09/16/2010 7:47:14 AM PDT by blam
INFLATION: Producer Prices Rise By More Than Expected In August
Vincent Fernando, CFA
Sep. 16, 2010, 8:31 AM
Producer prices rose 0.4% in August vs. 0.3% expected. Core producer prices rose in-line with expectations however, up 0.1%.
The chart below shows an pick-up in inflation over the last few months:
See the release here.
[snip]
(Excerpt) Read more at freerepublic.com ...
You can't print a few trillion more dollars out of thin air and not expect conequences.
“You can’t print a few trillion more dollars out of thin air and not expect conequences. “
That is why they want to let taxes rise, I think. They know what is coming.
That hissing noise you ask?
Why, that is the fuse leading to skyrocketing inflation, just like when Carter was President - only this time...it will be worse, much, much worse.
Hope you already own everything you will need fror the next 10 years or so.....
*DRINK*
This has been going on for a while. Manufacturers have been trying to conceal the increases by lessening the amount of product in their packages. Ice cream, for instance used to be sold in half gallons, now the standard package is for 1.5 quarts at the former half gallon price.
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