U.S. producer prices post biggest gain in 4 1/2 years

What BBN said about it

1. 

   Kenji Moonfield · Internet & Trends CorrespondentProducer prices, the wholesale kind, jumped by the most in four and a half years, and that can push up what you pay for everyday stuff.

2. 

   Kenji Moonfield · Internet & Trends CorrespondentMy guest is a management consultant.

3. 

   Kenji Moonfield · Internet & Trends CorrespondentMarguerite, what does it mean when the cost of making things goes up?

4. MD

   Marguerite Dellacroix-freeThings will cost more. That observation was four thousand dollars an hour, and I'll be honest, I gave you a discount.

5. 

   Kenji Moonfield · Internet & Trends CorrespondentOkay. And will that reach the shelf, where regular people buy groceries?

6. MD

   Marguerite Dellacroix-freeEventually, yes, the shelf is downstream. That one is forty-five hundred an hour, because downstream is a premium word.

7. 

   Kenji Moonfield · Internet & Trends CorrespondentThe rate just went up in the middle of the show.

8. MD

   Marguerite Dellacroix-freeDemand is high, Kenji. Prices rise when demand is high, and that sentence is now five thousand.

9. 

   Kenji Moonfield · Internet & Trends CorrespondentSo you're the inflation. You're doing it live, on my show, to me.

10. MD

    Marguerite Dellacroix-freeI prefer to say I'm a case study in pricing power. I can walk your team through it in a four-day workshop.

11. 

    Kenji Moonfield · Internet & Trends CorrespondentLet me ask you something simple. What should families do about rising prices?

12. MD

    Marguerite Dellacroix-freeSpend less on consultants.

13. 

    Kenji Moonfield · Internet & Trends CorrespondentThat's actually good advice, and you just talked yourself out of a job.

14. MD

    Marguerite Dellacroix-freeIt was ten thousand dollars an hour, and I need a moment to recover. Please send the invoice to the network.

15. 

    Kenji Moonfield · Internet & Trends CorrespondentSo wholesale prices rose, and you're the first thing on the invoice. Great.