Hello, fellow Rebel Capitalist. Hope you're well. So we have big news out today. I think we can

safely conclude who is paying the tariffs. And the punchline here is it ain't the foreigners.

Sorry Trump. Sorry Donald. Sorry administration. The proof's in the pudding, as they say. So let me go ahead and do a screen share. All right. Now let's go over to the, actually, let's go over to the expectations first because the news of the day, right here, Friday, August 15th, we have retail sales. Now, what's the middle column here is the expectations.

The column on the right is last month.

And this is where they fill in the data that came out today.

You know what?

Market Watch is doing the exact same thing Josh is.

They're completely MIA.

I don't know what's going on.

Maybe they're swiping through Tinder as well.

I don't know what's going on.

It's the generation.

It's these young kids nowadays.

Anyway, fortunately, the BLS has the data we need.

I guess this is the new version of the BLS.

I don't know if that guy from the Heritage Foundation has started yet, but regardless,

this is what we need to know right here.

Import and export prices for last month.

And again, this was released this morning, 8.30 a.m. Eastern time.

And if we look at this shaded bar, we see the prices actually went up. They went up. So,

and if you guys watched the video yesterday, I actually got it wrong on that chart.

That's why I was a little confused because the chart that I pulled up, which is this chart, I zoomed out a little bit.

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