https://youtu.be/N-ab9sD3E7o
WASHINGTON (AP) — Wholesale prices, boosted by rising food costs, increased 0.8% in May, and are up by a record amount over the past year, another indication that inflation pressures are rising since the economy has begun to re-open following the pandemic lockdowns. The Labor Department reported Tuesday that the monthly gain in its producer price index, which measures inflation pressures before they reach consumers, followed a 0.6% increase in April and a 1% jump in March. Food prices rose a sizabel 2.6% while energy costs were up 2.2%. Over the past 12 months, wholesale prices are up 6.6%, the largest 12-month increase on records going back to 2010. The gain in wholesale prices followed a report last week that consumer prices rose 0.6% in May with prices over the past year surging by 5%, the biggest 12-month gain in more than a decade. Nick Note: The children are confused on something they have never seen before… This is a reflation trade in a modern age. Something never seen before///////////////////// This is no accident they are by design trying to put the masses into inflation hysteria. In the panic they will buy stupid shit the huskers have for them and in a year they will lose their. Lumber has fallen in the past week 40%. The saw mills are opening up like gang busters… get this to many of them.. It will be a slaughter of all the people who mistaken reflation for inflation