Supply Chain and Wholesale Inflation Hits 26.5%, Hottest Since 1974

https://www.breitbart.com/economy/2021/12/14/ppi-intermediate-demand-1974/

HYPERLINK has full story

snip

It’s the year-over-year number that is really eye-catching. Prices for intermediate processed goods are up 26.5 percent, the largest 12-month increase since December 1974, when the index rose 28.9 percent.


This inflation is widespread. Prices for materials and components for manufacturing are up 42 percent year over year. Materials for durable goods manufacturing saw their prices jump 59.8 percent. Prices on components for durable goods rose 9.7 percent. Nondurable materials were up 36.2 percent and components 19.5 percent.

end snip


there is positive news here and most likely the key reason why this is happening; Democrat voters voted for no more mean tweets.

we have no more mean tweets. We have Democrat energy policies and new tax bills on the horizon all of which take more money away from the regular folk.

This is what Democrat votes look like

your choice

1: remove the twitter app

2: reduce your lifestyle


Democrat voters chose #2

be sure to thank them

 

Yes, this inflation is only going to get worse. It's like a tsunami, and it's still just 20 miles off shore.

 

Yep, it all just magically happened the day Biden took office, there were NO other precursors or events that happened before to affect ANYTHING. Just all Biden.

 

Thanks Biden.

 

The good news is that Biden's days are numbered.

In seven years, he will be gone.

 

LOL, he is already gone, you just haven't noticed.

 

No, I'm pretty sure he's still POTUS.

 

Wow.

I didn't realize that Inflation was that bad!
Thanks for the Breaking News.

FINALLY!

Somebody starts the FIRST Thread Ever at PF about Inflation!

It is hard to imagine that this subject has NEVER (Ever) been the Topic of a thread at PF:

http://www.politicalforum.com/index.php?search/51493197/&q=Inflation&o=date&c[title_only]=1

Anyway, on-topic to THIS:

Prices for intermediate processed goods are up 26.5 perecent.

^It seems like the logical consequence of a Worldwide Economy getting jump-started after a Pandemic.

And, it would be happening (anyway) regardless of who was the President.
^And, nobody can PROVE Different.

 

He's actually walking dead. Based on his speeches, it's almost like he's being controlled remotely...

 

What’s the biggest driver if inflation today……….anyone….anyone…Bueller….Bueller……Bueller…..


DEMAND !

I love how everyone on the right wants to scream on high about inflation, but refuse to actually talk about WHY we have inflation, other than “JOE BIDEN SUCKS!!!!!”

How about we at least admit that the core driver is DEMAND. That after a world wide pandemic, Americans have more money in their pockets, and they are spending it. If this type of spending was happening under a repub president, the right would be dancing a jig in the streets, while praising their Orange god, all claiming him a hero.

And lets not gloss over the fact that the pandemic is still here, but that it was getting under control, so the right wing is now again pushing the “dont wear masks” mantra, to make it worse, and doing so for PURELY POLITICAL reasons

 

EPIC LOL

And now that we have our Post of the Day we can all go outside and play...

 

Only star trek fans will get the reference but damn...



This is our reality.

 

....by a little kid.

 

California was already leading the way on inflation long before the Bidester. Anyone who wants a preview of life under Dem control only needs to look west.

 

Thats always the story with the Democrat party, put a sweater on if you're cold, eat one less meal a day.. Same old bullshit

 

Little five year olds are more coherent than Joe-Joe brain bleeder.

 

Now there's a comforting thought....



"LOL - WOOPS!!! Gimme a break, man!"

 

How is inflation going globally?

 

Maybe worry about your own countrymen?

 

Federal Reserve sets stage for earlier, faster interest rate hikes as Biden/Dems currency destruction picks up even more speed.

As "price increases hit a 39-year high last month, the Fed on Wednesday agreed to clear the way for earlier and faster interest rate increases in 2022 by accelerating the phaseout of its bond-buying stimulus. It's now forecasting three rate increases next year."

"The Fed said it would pare back its Treasury and mortgage bond purchases by a total of $30 billion a month, up from the $15 billion it announced in November. The faster wind-down puts the central bank on track to conclude the bond purchases – which are aimed at pushing down long-term rates, such as for mortgages – by March instead of June."

Up a $1.4 Trillion in 12 is $117B a month. Well, that's correct, 4 months of cutting by $30B will take them from adding to the balance sheet to leaving it flat.

​

 

No it happened months AFTER Biden took office and AFTER his continued pumping money into the economy when it was no longer needed, his energy policies and his lack of doing anything to mitigate the ongoing logistic problems.

 

Fiat money being injected into the economy when it was already in a recovery, energy cost going through the roof thanks to Biden policies, in action on the foreseen logistics problems, a large portion of the workforce being paid by Biden not to work reducing outflow of our pwn production.

Why can't demand be met........................anyone….anyone…Bueller….Bueller……Bueller…..

 

Exactly which policy did this…..be specific…

The logistics are WORLDWIDE. FFS!

 

Only because they think it won't affect them.

We're talking about folk who believe the fundmentals of human society can be altered seamlessly and painlessly. That their freedoms, safety, and plenty will be preserved, somehow.

 

You do not believe his policies have effects on the economy and inflation? I laid them for you which do you disagree with? Are you saying he did not end the federal hand outs and in fact extended them? Do you disagree his energy policies and EO's have worsened our energy situation and cost? Are you disagreeing that they knew back in January the logistics problem was on the horizon and did nothing to mitigate it and in fact our Secretary of Transportation took paternity leave for months in advance of it coming to it's peak? Do I have to give you a complete rundown of the last 12 months.

Tell me what he has done that has been a success.