Inflation Producer Price Index August 21

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Hey my dear Crypto-Fans, LeoFinance and Hive-Community!

"The Producer Price Index for final demand advanced 0.7 percent in August, as prices for final demand services rose 0.7 percent and the index for final demand goods increased 1.0 percent. The final demand index moved up 8.3 percent for the 12 months ended in August." (source: https://www.bls.gov/ppi/ 11.09.2021)

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Still most of the people participating in the market are thinking that money printing will keep going far into 2022.

On the 14th of September there will be the release for the Consumer Price Index in the US and it will be really interesting if they hit above the former 5,4%. I don't think that world-banks will keep just looking at the process of inflation picking up on the way to hyperinflation. There will be a raise in interest rates soon, and then highly leveraged companys and individuals are in big trouble.

It is not a matter of IF the card-house will collapse, but WHEN.

How do you prepare?



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