February 16, 2024

Hidden media: "Wholesale prices post biggest increase in five months"

Of course "hidden media" aren't literally hidden, but the only people who see those stories are people "in the biz."  And since you almost certainly aren't, then for all practical purposes, most Americans don't believe it happened.  In this case...

Wholesale costs rose in January at the fastest pace in five months, possibly another sign that inflation won’t slow toward the Federal Reserve’s 2% target as fast as hoped.
   The producer-price index rose 0.3% last month, a considerably stronger increase than the 0.1% forecast from economists polled by the Wall Street Journal.

Democrat: "Why dis newz?  Duh experts only missed duh thing by two-tenths of a percent, right?  Why dis newz?"

Let me try to explain: The "producer price index" is a measure of how much prices by manufacturers have risen or stayed constant.  Cuz if prices charged by manufacturers rise, what do you think will happen to retain prices, eh?

Democrat: "Nuffin'.  Duh one haz nuffin to do  wif' duh uddah."

Sure, Jan.  

Really, don't worry about it.  Duh White House an' duh Media assure you inflation is, like, totally under control, just like they tell us the border is, eh?  "Totally under control!"  And neither the regime nor the Media would ever lie to ya, right?

Democrat: "On Morning Joe an' Duh View dey sed inflation wuz falling, which means prices iz goin' down, right?  Dat SO cool, eh?  All cuz of duh brilliant policies by our preznit an' duh Dems, which beez SO much bettah den doze stupid Trump policies!"

You bet, sparky.

Just to review here: You watch network newz, right?  So you're well-informed about stuff, right?  Did you hear about this?

Unless you're in the biz, you didn't.  Cuz duh Mainstream Media didn't tell ya.  And why do ya think that is, eh?

"Too arcane," say the editors at all the alphabets.  "Pipo mo' interested in Megan Markle, Taylor Swift, and who won on "Dancing with the Stars."  Pipo don' unnerstan arcane stuff like 'price indexes.'"

And there ya go, sparky.

https://www.marketwatch.com/story/producer-price-index-rises-0-3-in-january-core-ppi-up-0-6-69e79209?mod=home-page


 

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