i m harris faulkner and you are in the faulkner focus . the producer price index up 11.3% over last year. now adding to fears of a recession compounding trouble for americans after yesterday s consumer prices index hit a four-decade high. notice the number on the left for wholesale prices, the goods being made for us, is cooking hotter than the inflation that we re faced with. now how long do you think it will take for them to pass that along to the consumer? will they even have a choice? former trump economic advisor explains it this way. i would like to walk through how you should think about inflation so people understand why. if you start the car at zero and accelerate 10 miles per hour per month after six months you go 60 miles per hour and after 12 months 120 miles per hour. what s my velocity right now is what you care about. we re hiding how big the increase in prices are that are affecting ordinary americans by a very large amount. inflation is startlingly high ri
i m harris faulkner and you are in the faulkner focus . the producer price index up 11.3% over last year. now adding to fears of a recession compounding trouble for americans after yesterday s consumer prices index hit a four-decade high. notice the number on the left for wholesale prices, the goods being made for us, is cooking hotter than the inflation that we re faced with. now how long do you think it will take for them to pass that along to the consumer? will they even have a choice? former trump economic advisor explains it this way. i would like to walk through how you should think about inflation so people understand why. if you start the car at zero and accelerate 10 miles per hour per month after six months you go 60 miles per hour and