Slope of Hope Blog Posts

Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.

Steel Yourselves

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After yesterday’s CPI Roman candle, we prepare for today’s PPI firecracker. I gotta tell you, the notion that we’re at 4.9% inflation is simply comic. Just a few days ago I was looking at a faucet to buy only for $170. I decided to buy it the next day, and it was $313. I see that kind of price shift constantly, whether it’s my utility bill or a restaurant tab. Inflation is 4.9% in the deluded minds of those making up the numbers. I’m thinking more like 30%, if my life experience is any guide. In any event, the /ES is down slightly as I’m typing this, pre-PPI.

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