The Producer Price Index (PPI) dropped and it was worse than expected. PPI is the measure of inflation building in the system and economists use it to forecast what consumer inflation will look like three to four months down the road. If these figures are any indication, inflation is about to hit the global economy like a tsunami and no amount of hand wringing and interest rate tweaking at the Federal Reserve is going to slow this train. In this episode, Max explains how this was all predictable based on Trump’s economic plan and the design of Project 2025. He talks about what comes next in best and worst case scenarios before addressing why in the world someone like Russell Vought would engineer such a catastrophic outcome. Because it was so clear from the start that this is where we were headed. Hint: Keep your eye on JD Vance.

Resources

U.S. Bureau of Labor Statistics: Producer Price Indexes

Marketplace: The Fed’s preferred measure of inflation is changing

Council on Foreign Relations: Hunger Warfare and a Fertilizer Crisis Are Straining Global Food Supplies

The New York Times: Behind the Scenes, Vance Gathered Unvarnished Views of the Iran War

Federal Reserve Bank of St. Louis: Market Yield on U.S. Treasury Securities at 2-Year Constant Maturity, Quoted on an Investment Basis

Investopedia: Cost-Push vs. Demand-Pull Inflation: Key Differences Explained

Bloomberg Television: US Producer Price Index Rises Most in Three Months on Energy Costs

ProPublica: “We Want the Bureaucrats to Be Traumatically Affected”

UNFTR Resources

Video: Terrible Inflation Report Warns of Economic Tsunami.

Episode: The End of the American Experiment.

Essay: InDeFLATION.

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