PPI almost doubles November's expected number

Discussion in 'Economy' started by Paulie, Dec 15, 2009.

  1. Paulie
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    Paulie Platinum Member

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    Up 1.8%, compared to the 1% that was expected.

    Futures Fall on PPI, New York Manufacturing Survey - MarketBeat - WSJ

    Core PPI, which doesn't include food and energy, MORE than doubled expectations, up .5% compared to the .2% that was expected.

    We're going to get fucked by inflation if the Fed doesn't start considering raising rates. It's like they're ignoring inflation for the sake of bank balance sheets. The banks are fucking FINE at this point, they're paying back TARP and turning profits.

    It's time to start extinguishing some of the monetary base!
     
  2. Oddball
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    Oddball BANNED Supporting Member

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    Don't hold your breath.

    We have 6-year old children in charge of the chocolate factory.
     
  3. uscitizen
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    uscitizen Senior Member

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    Inflation will be the only way out of this recession.
    Which is not really a way out.
    2/3 of our economic growth has been due to price increases on oil and such.
     
  4. antagon
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    antagon The Man

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    they couldnt raise rates if they wanted to.
     
  5. uscitizen
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    uscitizen Senior Member

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    I assume you mean interest rates?

    All other rates will rise as the "recovery" grows a bit.
     
  6. Paulie
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    Paulie Platinum Member

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    Nothing like a newbie who no one knows coming in and making a one sentence statement without ANYTHING backing up the assertion. :rolleyes:

    Nothing is stopping them except for not having a set of fucking BALLS.

    I wonder if you were around during the 70's and said the same thing THEN.
     
    Last edited: Dec 15, 2009

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