by Old Man Papa
The current economic data being released combined with recent statements from large corporations about pricing should be ringing inflation alarm bells. It’s not just meme stocks that are mooning, the price of everything is going thru the roof. Could it be that the inevitable hangover from the money printer going BRRRRR is approaching? I have no idea, but the numbers are staggering.
Let’s look past the bullshit CPI which registered 2.6% for the March reading. The everyday items you and I consume are going up by much larger amounts than the FEDs favorite inflation gauge. Take housing prices for example, which everyone knows are going up at a crazy rate. February year over year increase was 12% nationally and shows no sign of slowing down. In my area, houses are selling in days at 20-25% over list. But the CPI doesn’t reflect this. The CPI tries to estimate housing inflation using “owner equivalent rent” which is what a homeowner would pay to rent their own h
The extent of the person s injuries were unknown.Â
The explosion happened shortly before 1:45 p.m. at Arconic Mill Products on Manheim Pike.Â
First responders evacuated the building and were checking to make sure there were no fires inside, the supervisor said.Â
Arconic Mill Products manufactures a range of highly-differentiated aluminum sheet, plate and extruded products for aerospace, automotive, commercial transportation, brazing and industrial markets, according to its website.Â
Firefighters are still on scene and Hazmat has not yet been called â though it s not out of the question, according to the LCWC supervisor.Â
The explosion happened in one of the kilns, WGAL reported.Â