We got the latest PPI out of the United States. It comes in at a whopping 7.7% YoY growth. This is even outpacing the 6.8% for the CPI we got last week.
In this video I discuss where this difference is going to show up. There are only two places, neither of which is very good for the "recovery" that is taking place.
▶️ 3Speak
Are you Hank from Breaking Bad ?
No. If I was, I would not have to make a living off of cryptocurrency. I could just live off my royalties.
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Haha dope answer.
Thanks for this wonderful updates
It's definitely not good when prices can't be fully passed down. Do you expect the price for commodities will drop due to less manufacturing? As much as we have a technological boom, it can't be helped if nobody has money leftover.
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