Contra Corner An Inflation Lesson In One Graph
· davidstockmanscontracorner.com
The July inflation reports confirm that the ill wind of bad money continues to blow. On a Y/Y basis the CPI was up by +3.3% and the PPI, as reported this AM, was higher by +4.7%. And if you happen to glance at the upstream PPI for all commodities and goods in process—a measure of […]
The July inflation reports confirm that the ill wind of bad money continues to blow. On a Y/Y basis the CPI was up by +3.3% and the PPI, as reported this AM, wa...