Think 8.6% Hike Is Bad? Just Wait!!

Yesterday we acknowledged that Biden* is the Number One President (for inflation).

That's because his y-o-y 8.6% PPI hike is the highest in history.  Congrats, you miserable farting pustule!

But that's nothing.  Just wait for even MORE Biden* punishments, you miserable Deplorables.

A lot of price increases at various stages of production are coming down the pipeline that haven’t flown into consumer prices yet. These are input costs for industries that will try to pass them on to the next company in line, which will try to pass them on until the consumer gets to eat them....

The writer explains the four stages of pricing built into the PPI, then this:

...In the three production stages furthest up the pipeline – Stages 1-3, red, green, gray – prices have all jumped between 20% and 28% year-over-year. These are massive price increases now building up in the pipeline; and they will flow to some extent and in some form into future consumer prices....

Stock up on beans and rice.  That's about all you'll be able to buy and eat next year.

Let's Go, Brandon!!!