PPI – The Musings of the Big Red Car https://themusingsofthebigredcar.com 53 years and 204,000 miles of business, CEO, leadership, startup, political, military wisdom Fri, 18 Nov 2022 15:58:22 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.11 Hold On On That Victory Lap, Amigo https://themusingsofthebigredcar.com/hold-on-on-that-victory-lap-amigo/?utm_source=rss&utm_medium=rss&utm_campaign=hold-on-on-that-victory-lap-amigo Fri, 18 Nov 2022 15:58:22 +0000 https://themusingsofthebigredcar.com/?p=10894 So the Biden White House put on their jogging shoes and took a victory lap last week because “. . . IT IS WORKING!” “It” is, of course, the admin’s brilliant inflation reduction plan – a highly secret document, apparently – that resulted in PPI (Producer Price Index – the price of things on the […]

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]]> The Grinding Pound of Inflation https://themusingsofthebigredcar.com/the-grinding-pound-of-inflation/?utm_source=rss&utm_medium=rss&utm_campaign=the-grinding-pound-of-inflation Thu, 12 May 2022 13:50:58 +0000 https://themusingsofthebigredcar.com/?p=10755 Ten minutes ago, the Bureau of Labor Statistics released its Producer Price Index numbers for April 2022 – this is, of course, a month in arrears. The print was 11% meaning the cost of final demand goods from producers was up 11% when compared to April 2021. These are Jimmy Carter numbers. This is the […]

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