HFE, on PPI:
“.. Well… this is a kick in the teeth for anyone who thought that tariffs would not impact domestic prices in the United States economy.
“.. will not be a long journey for producers' prices to translate into consumer prices.”
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One of the cases against tariffs is by a toymaker that gets its parts from China. Their overall cost went up FORTY times because of the tariffs. DC district court ruled in their favor. DC appellate court still hasn't. youtu.be/uBHfMWT9we0
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Trumpflation is on the horizon.
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We all saw this coming. Except for the idiots.
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Who thought that? Lying to yourself doesn't make it any less true.
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U.S. wholesale prices surged in July
Producer Price Index (PPI) climbED 0.9%, marking fastest monthly increase since May 2022
Rising costs for food & services drove much of the increase, signaling inflationary pressures remain
KISS INTEREST RATE CUTS BUH-BYE!
www.marketwatch.com/story/wholes...
Wholesale prices post biggest surge in three years, PPI shows, in sign of tariff-related inflation
The cost of wholesale goods and services — where rising inflation tends to show up first — in July posted the biggest increase in three years, possibly heralding a sizable acceleration in price increa...
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No matter how many times they try to gaslight us, Americans are taking a big hit. It’s the Tariffs stupid !
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It’s MAGA! Patriotic consumption.
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Anyone who honestly thought that tariffs wouldn’t impact domestic prices is either genuinely mentally handicapped, willfully ignorant, or very poorly educated.
Which would be his base.
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“In a world where short rates are zero and inflation is 5…”
Recep Urdoğan approves of this message.
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Trump Taxes are starting to bite us all. I'm not a fan of the #newgoldenage .
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This needs to happen in order for the population to wake the f*** up.
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Yeh, but will this be our last honest inflation report?
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DUH!
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Don’t be concerned, it’s a “one time only” price increase due to tariffs. 😂
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We have a local Republican retailer/donor who steadily increased prices since the election. Now, they're desperately trying to lower prices to make their master look like a tariff genius. I'll be shocked if they're still in business by the end of his term.🤞
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But, but, but … That can’t be. Pretty well everyone in the Trump administration said tariffs wouldn’t increase inflation. They can’t be wrong or liars can they?
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Blondie finally seems to be getting nervous about the cost of her Birkin’s.
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I planned for this - my discretionary spending will be nonexistent until he is gone.
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Crammer can no longer be trusted, and I was a long time fan of his advice and the shows neutrality. That is gone now, he’s carrying the Orange menaces water 😢
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And small businesses can’t pay the tariffs at the border.
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The tariffs are not even fully encompassed in this reading as they just started.
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Tariffs were never free lunch — consumers always pay the price. 🥦💸
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Hey Carl, why doesn’t the NBC News app have any mention of this? Are Kernan and Santelli now controlling the finance news flow? This is an important story for American consumers. They don’t all watch CNBC.
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Looks like Broccoli, Lettuce, and Spinach are the drivers of the 38.9% one-month increase in Fresh and Dry Vegetables. Weather? Supply-Demand imbalance? Labor prices?
I believe about 95% of US consumption is of US-grown crops.
Export issues in the trade war? Hoarding?
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More examples of tariffs hurting US Companies and Consumers
"The company estimates a $160-million hit from the U.S. import duties, the latest warning of negative effects of tariffs on luxury retailers
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Release the Epstein files
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What idiots thought tariffs wouldn’t affect prices in the U.S.? Seriously.
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Maybe Trump isn't a magician and somebody has to pay for his tariffs.
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With their votes, tens of millions of Americans WRONGLY expressed their confidence that Trump can restore the low prices...
So now the military crackdown in DC can distract from #EpsteinFiles AND #TrumpInflation
