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August Producer Price Inflation Shows Highest Increase 8.3% Since Tracking Began, Previous Record Was Last Month by Sundance

September 11, 2021September 11, 2021 EarthNewspaper.com Comment(0)

The Bureau of Labor and Statistics (BLS) released the August review of producer prices for last month. August rose 0.7% with cumulative results now showing an 8.3% increase in prices; the largest year-over-year jump in prices for final demand products in the history of tracking. The prior record was July with 7.8%. Inflation is skyrocketing for consumer goods at all levels of production: Origination (commodity/raw material), Intermediate (Mfr/Wholesale) and Final products (retail).
https://theconservativetreehouse.com/blog/2021/09/10/august-producer-price-inflation-shows-highest-increase-8-3-since-tracking-began-previous-record-was-last-month

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“Some people think the Federal Reserve Banks are US government institutions. They are not… they are private credit monopolies which prey upon the people of the US for the benefit of themselves and their foreign and domestic swindlers, and rich and predatory money lenders. The sack of the United States by the Fed is the greatest crime in history. Every effort has been made by the Fed to conceal its powers, but the truth is the Fed has usurped the government. It controls everything here and it controls all our foreign relations. It makes and breaks governments at will.”
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