Re:U.S. October PPI Rises 6.5% YoY, Highest in Nearly Four Y...
by hgomersall on Friday November 13, 2026 @12:28PM
(#50486719)
That might be the case, but those large construction projects being paused means someone losing their job. We're literally paying people to make people unemployed.
Re:U.S. October PPI Rises 6.5% YoY, Highest in Nearly Four Y...
by JumpCrisscross on Friday November 13, 2026 @12:44PM
(#50487017)
> those large construction projects being paused means someone losing their job
Sometimes. Sometimes it shuffles them to other work, often less resource-intensive work. There is a lot of latent demand for construction.
We have precedence for supply shocks being cooled by rate hikes without causing an unemployment spike.
That's the point. They shift their investment into Treasuries instead of buying up land and turbines and power and GPUs. Also, as the rate goes up it gets harder to make the math math. So e.g. large construction projects get paused, et cetera.