Wednesday, February 16, 2011

St. Louis Fed and Cleveland Fed Aren't Pulling Any Punches about the Inflation in the System

They both have sent out headine tweets that are much stronger than the headlines from mainstream media.

From the St Louis Fed:

For seventh consecutive month, producer price index for finished goods rises

From the Cleveland Fed:

The Producer Price Index (PPI) for finished goods increased at an annualized rate of 9.6 percent in January

MSM is a greater Bernanke apologist than outlying Fed branches.

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