Bend Over Here It Comes Again!
In April, the rise in the index for final demand is primarily
attributable to a 1.3-percent advance in prices for final demand goods,
reported Zero Hedge. (Producer Price Index)
Yes, that will show up in your grocery bill, probably in June. For hard goods, probably July/August.
It's just what the Biden Regime ordered!!
Meanwhile in Russia Western Sanctions are doing wonders!!
ReplyDeleteSanctions and Surpluses
https://meaninginhistory.substack.com/p/sanctions-and-surpluses?s=r
Russian Prime Minister Mikhail Mishustin: The Budget Surplus in 2021 amounted to about 525 billion rubles Thats 35% more than planned!
Russia Oil and Gas Revenue
.....New data! #Russia's oil and gas revenues hit another record high in April. 1.8 trillion rubles in a single month, after 1.2 trillion in March. After only 4 months, Russia's federal #budget has now already received 50% of the planned oil and gas revenue for 2022 (9.5 trillion)...,...