2022 Trade Deficit Signals Inflation Closer to 15%

by Peter Schiff, Schiff Gold: The December Trade Deficit increased after a major drop in November. The total came in at $67B which was 10% greater than November’s $61B, but is well below the 6-month high from October of $77B. It is also below the $79B Trade Deficit from December 2021. As shown below, the […]