What’s Driving Inflation? It’s Not What You Think

Producer Price Inflation (PPI) just spiked to its highest levels in close to four years.

So, is this the tariffs finally making their presence felt in prices?

Unfortunately, no.

That shock is still yet to come. But if tariffs were the culprit, you could reverse the inflation by simply ditching the tariffs. It would be a problem with an easy solution. (Whet…