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inflation

  1. Truthseeker

    Soaring crude prices make the cost of pretty much everything else go up too.

    Soaring crude prices make the cost of pretty much everything else go up too because we almost literally eat oil The importance of oil to the U.S. economy has been a big concern since the oil crisis of 1973, when prices spiked, prompting calls to conserve energy. Since then, the amount of oil...
  2. Shaul

    U.S. producer prices rise to 6.6% annualized rate in May

    FTA: “Producer prices as of May rose 6.6% over the past 12 months, the fastest increase on record.” https://www.cnbc.com/2021/06/15/retail-sales-producer-price-index-may-2021.html This is a powerful sign of imminent inflation.
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