Producer prices continue to rise at a near-record pace, further undercutting the notion that we’ve reached “peak inflation.” The Producer Price Index (PPI) rose 0.8% month-on-month, according to the May data released by the Bureau of Labor Statistics. That was double the 0.4% gain in April. On yearly basis, wholesale prices were up 10.8%. That […] The post Producer Prices Continue to Rise at Near-Record Pace Further Undercutting the Notion of Peak Inflation first appeared on SchiffGold .

The Fallacy of Owners Equivalent Rent I am doing something different this month. In past reviews of the CPI, I typically take the BLS data and recalculate the values to get a more detailed number that is rounded to two decimal points instead of one. This methodology also allows me to show the impact of each […] The post Blog first appeared on SchiffGold .

In a podcast, Peter Schiff said it smells like stagflation is on the horizon. Inflationary pressures are becoming more and more apparent. Labor costs, commodity prices and bond yields are all pushing upward – clear signs of inflationary pressure. And of course, defined correctly – as an increase in the money supply – there is […] The post Blog first appeared on SchiffGold .