Surviving Putin & A Rising PPI 4/13/22
Squawk Pod
CNBC
4.2 • 543 Ratings
🗓️ 13 April 2022
⏱️ 23 minutes
🧾️ Download transcript
Summary
Transcript
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| 0:00.0 | Bring in show music please. |
| 0:03.0 | Hi, I'm C.N.C. producer Katie Kramer, today on Squawk Pod. |
| 0:08.0 | The I word inflation. This time producer pricing hits an all-time high. |
| 0:13.0 | The Putin price increases. |
| 0:15.0 | Keep saying it, saying it, saying it. |
| 0:17.0 | It's true if you look at grains, if you look at metals. |
| 0:19.0 | Elon Musk's 9% Twitter steak back in the headlines. |
| 0:22.0 | Well, did it ever really leave? But what would surprise? 9% Twitter steak back in the headlines. |
| 0:22.6 | Well, did it ever really leave? |
| 0:24.1 | But what would surprise you the most? |
| 0:25.8 | Any files that he sharply increased his steak |
| 0:28.6 | or he files that he's out of pulpit? |
| 0:30.3 | Neither. |
| 0:32.0 | Those stories today, plus the ex-banger who faced Neither. The war in Ukraine costs a billion dollars a day. |
| 0:43.0 | So he's kind of breaking even, if you will, on this whole operation at the moment because we keep on sending him money to kill Ukrainians. |
| 0:50.0 | It's Wednesday, April 13, 2022. |
| 0:53.2 | Squawk Pod begins right now. |
| 0:55.0 | Inflation is the top headline for another day, |
| 1:01.0 | this time the producer price index, which measures the prices paid by wholesalers |
| 1:05.3 | for goods and services. |
| 1:06.7 | PPI's latest reading for March shows an 11.2% increase in prices from a year ago. |
| 1:13.0 | That's the most in over a decade. |
... |
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