The Producer Price Index just came in, and it is absolutely ice cold.
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.
McInflation
Hockey Sticks
The CPI numbers are out and, in spite of everything your eyes tell you, prices are FALLING. This gives the all-clear for the Fed to make the rate cut we’ve been hearing about since the beginning of time, since these government-created numbers came in ice-cold.
PCE for Thee and Me
The big economic report this week is the PCE, but it’s a joke. Let me tell you why, and I’ll do so with the chart below, which shows the cumulative effect of the PCE (inflation) over decades.
Where Inflation is Hiding
Inflation? What inflation? The government just told us prices are DROPPING! Anyway……..
