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Obviously nothing to do with the whir of the money printers...A...

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Ewebute

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15/05/24

03:37

Post #: 73825620
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Originally posted by Baron1: ↑

https://www.cnbc.com/2024/05/14/ppi...oint5percent-in-april-more-than-expected.html

Wholesale prices rose 0.5% in April, more than expected

So inflation was a blip? Even with governments "massaging" the figures there is only so much "cooking" you can do. Imagine what the real figures are? Either way inflation seems on course for a repeat of the 70s/80s showing interest rates are way too low. I have said repeatedly interest rates will need to go higher before all this is done. A crash is the only way to fix this joke we created.

P.S. 6 interest rate cuts anyone? Or did they mean rises?

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Obviously nothing to do with the whir of the money printers...

A few big outsize numbers mixed in between those base amounts which seem to be increasing. Inflation under control... it doesn't appear like it.

XJO Value at posting: 7,726.8
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