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re: Producer Price Index was up 9.6% in November, highest ever
Posted on 12/14/21 at 7:19 pm to trinidadtiger
Posted on 12/14/21 at 7:19 pm to trinidadtiger
quote:
Producer Price Index was up 9.6% in November, highest ever
That's not hyperinflation, but it's going to be damned uncomfortable over the next year or so.
1
Posted on 12/15/21 at 9:57 am to Bard
quote:WTF!!
That's not hyperinflation, but it's going to be damned uncomfortable over the next year or so.
Hyperinflation is 3rd world stuff! Typically, an economy has to see an inflation rate of greater than 50% for at least a month before economists use the hyperinflation label.
This post was edited on 12/15/21 at 9:58 am
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