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This is bad! Wholesale prices just spiked way above expectations. PPI up 0.5% in one month, core PPI up 0.7% when experts expected 0.3%. Translation: costs that hit companies are climbing fast, and they do not magically disappear. They get passed straight to you and me.

The stock markets are only up because the dollar has fallen so low. It's simple math. If you measure the stock markets against gold instead of dollars, they're down almost 45%. The only guarantee is that when the economy collapses, average Americans will pay the bill.

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