Well, that had a short shelf life

December 10: c’mon, man, we’re at the peak of this transitory inflation

Dec. 14: Another Horrendous Inflation Metric Just Hit As Biden Continues to Spiral Out of Control

On the heels of last Friday's Consumer Price Index release for November — in which inflation faced by Americans hit a 12 month high not seen since 1982 — the Producer Price Index smashed through it's all-time record when it came in even higher than expected on Tuesday.
"The Producer Price Index for final demand increased 0.8 percent in November," according to the Bureau of Labor Statistics, and "the final demand index rose 9.6 percent for the 12 months ended in November, the largest advance since 12-month data were first calculated in November 2010."

If you’re curious, as I was, where the PPI was pre-Covid and pre-Biden, you’ll find that there’s no solace for the Biden/Harris Administration in those numbers, either:

Not to worry, the poor can just go further into debt and pay it back with their new, cheaper dollars, according to the NYT/Princeton resident “economist”, Paul Krugman. What’s that? A salary will also be worth less? Details.