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Posted on 04/15/2026 8:24:52 AM PDT by JV3MRC
It's a game to watch Watching the media scurry all over cyberspace to explain away why their TDS-afflicted economic catastrophe forecasts aren’t panning out. Take the surprisingly tame inflation on the month, despite the ongoing Iran War.
Despite a 4 percent increase on the year, the Bureau of Labor Statistics reported April 14 that the Producer Price Index of wholesale prices increased 0.5 percent month-over-month for March, which was much less than the 1.1 percentage increase forecasted by economists as conflict over the energy-critical Strait of Hormuz ensued. Core prices, which exclude volatile food and energy indicators, also came in sizably less-than-expected at 0.1 percent, beneath the projected 0.5 percent increase.
Both the global (Brent) and U.S. benchmarks for oil prices (West Texas Intermediate) dove below $100 a barrel yesterday, with U.S. prices in particular falling a whopping 11 percent since the U.S. military blockade of the strait. Anti-Trump propaganda-mills like Politico were adamant that the reverse would happen as a result of President Donald Trump’s campaign to completely decapitate the Islamist regime in Tehran, “It's not just oil. Here comes Hormuz inflation.”
When the latest inflation news muted the end-of-times scareporn, a bevy of publications like the Associated Press, Reuters, PBS News and CNN buried the lede and tried to eke out some sort of a victory for their less-than-impressive crystal ball interpretation skills. CNBC, apparently choosing not to follow suit, was one of the few outlets to report the news straight, “Economy Wholesale prices rose 0.5% in March, much less than expected despite war impact.”
(Excerpt) Read more at newsbusters.org ...
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If the media simply reported the news, the whole world would be different. But they don’t. They just tell lazy people how they ought to think about stuff.
broken hearts strewn across the landscape.
The blockade is of course on Iran's ports. The media spin is to equate the Strait with the Iranian ports.
The DNC buzzwords in the financial "news" streams are "escalation" (an old TDS one) and lately "stagflation".
Our old friend “unexpected” strikes again
Many large fuel users buy future contracts to lock in costs.
Shortly after the pre-war purchased future contracts expire current market fuel prices will have to get paid.
it’s already baked into the numbers.
How many of us public citizens would know about wholesale prices? We know when something has been price-increased at the retail level, and from what I’ve seen, there’s been plenty of gouging there. Not everything has had increased prices, but some has increased quite a bit. What’s going on there? Doesn’t look like normal inflation to me.
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