#Inflation is rolling over. PPI inflation for finished goods continues to fall, with year/year rate coming down to +9% in December #CoSoFinance
@RealSeanBrodrick it’s not truly inflation when companies are posting record earnings.
@AndyM Ah, but the both sides media would disagree. Say you''re a news consumer who has 15 minutes to consume news. How do you figure it out? Say you're a FOX "News" watcher who only gets the corporate side? How do you figure it out?
@RealSeanBrodrick you figure it out but looking at the historical percentage rate of inflation and profits. As well as earnings reports. However, corporations count on the ignorance of the public, and such reliance isn’t necessarily misguided.
@RealSeanBrodrick of course they would argue that, and they count on people not knowing the historical numbers obliterate that argument. Simply put, the data does not support that argument.