Businesses pushing on a string when trying to pass on higher prices to US consumers. 80% of Americans say the rising cost of food and other everyday items is a major problem

#recession … #Global $USD #Liquidity #Squeeze edition

Businesses pushing on a string when trying to pass on higher prices to US consumers. t.co/NKGb7cn4Ql

— Invariant Perspective (@InvariantPersp1) December 15, 2021

CNN POLL: 75% of Americans are worried about the state of the economy in their communities, 80% say the rising cost of food and other everyday items is a major problem

— Breaking911 (@Breaking911) December 15, 2021

Do producer prices lead consumer prices? The supply chain hypothesis says a rise in producer prices should *cause* rise in consumer prices.

The hypothesis has been repeatedly tested. It doesn't work without money.t.co/uAwdOllsJo

— Jeffrey P. Snider (@JeffSnider_AIP) December 15, 2021

*U.K. NOV. CONSUMER PRICES RISE 5.1% Y/Y; EST. 4.8%

— lemasabachthani (@lemasabachthani) December 15, 2021