Less Loose Will Lower Markets, Not Inflation – Ep 766
The Peter Schiff Show Podcast
00:00
Is the Average Hourly Earnings Going Up?
The big number, though, that i think spooked the bond market was the average hourly earnings. The month over month number was supposed to come in at point three. Instead, they grew by 211 thousand. So these are rising costs that businesses are ultimately going to pass on to their customers. I'm expecting the c p i for the entire year of 20 21 to rise by seven % or more.
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