Price Inflation Slows, But the Economy Keeps Getting Worse

The U.S. Bureau of Labor Statistics released new Producer Price Index (PPI) data on Wednesday, and it looks like the rate of increase in price inflation is slowing. Nonetheless, year-over-year price inflation in December remained near 40-year highs, and shows the marketplace is still dealing with the nearly six-trillion-dollar surge in the money supply that took … Continue reading Price Inflation Slows, But the Economy Keeps Getting Worse