4.7 • 5.8K Ratings
🗓️ 13 November 2021
⏱️ 76 minutes
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0:00.0 | The Peter Ships Show. |
0:09.1 | Today's podcast is sponsored by NetSuite, the business management software that handles |
0:14.1 | every aspect of your business in an easy to use cloud platform. |
0:18.4 | NetSuite is offering a what-of-a-kind financing program, but only for those ready to switch |
0:22.6 | today. |
0:23.6 | Go to NetSuite.com slash goal. |
0:26.0 | The podcast is also sponsored by a VAS. |
0:28.8 | A VAS new all-in-one solution of VAS. |
0:31.3 | One helps you take control of your safety and privacy online through a range of features. |
0:37.4 | Learn more about a VAS. |
0:38.5 | At VAS.com. |
0:40.3 | When I recorded my last podcast on Tuesday evening, earlier that day, the government released |
0:46.8 | the producer price numbers for October. |
0:51.3 | We got an increase of 0.6, 10th of 1%, which was pretty much in line with estimates. |
0:59.2 | The year-over-year increase was 8.6, which was a record high going back to the beginning |
1:07.1 | of this series, not really sure when they started keeping track of it in this matter, but |
1:12.8 | it doesn't have that long a history. |
1:14.8 | But that was the highest in whatever the history was. |
1:18.2 | But I also pointed out that the numbers were worse because if you annualize the first |
1:23.6 | 10 months of the year, producer prices were increasing at a 10% clip, which is even higher |
1:31.8 | than that 8.6%. |
1:33.8 | But more importantly, I warned that consumers could not expect producers to basically keep |
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