The Prices Paid Index has just increased for its fourth consecutive month to 78.1 ; its highest level since April 2011.
This announces a MAJOR warning that inflation is coming.
Inflation does not happen all of a sudden. It is being deployed in the economy step by step.
The first step is at the "production" level of the economy. At this point, managers of large manufacturers and production companies will see a surge in the cost of the goods and services they purchase to supply their businesses.
First, companies will "eat" these increased costs by continuing to sell their goods and services at the same prices (despite the fact that their costs are rising).
However, if the paid price index continues to rise, companies will be forced to raise the prices of the goods and services they sell...
Posted by: Bunker Gold&Silver