Economic Data Confirms Entrenched Inflation - Ep 893
The Peter Schiff Show Podcast
00:00
The Economic Report Card on the Health of the US Economy
Non-farm productivity dropped by 2.7%. That's a big decline in productivity. One of the main reasons that productivity was so low was a big jump in unit labor costs, which were supposed to rise by 3.9%. Peter Schiff: This is the number that might have sparked the near new record high in the price of gold.
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