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i'm harris faulkner and you are in "the faulkner focus". the producer price index up 11.3% over last year. now adding to fears of a recession compounding trouble for americans after yesterday's consumer prices index hit a four-decade high. notice the number on the left for wholesale prices, the goods being made for us, is cooking hotter than the inflation that we're faced with. now how long do you think it will take for them to pass that along to the consumer? will they even have a choice? former trump economic advisor explains it this way. >> i would like to walk through how you sho...

not ones to write home about. 11.3% is the jump in wholesale prices from a year ago and came in lot steamier than economists predicted coming off the -- you know what it feels like when you buy things. consumer prices are up substantially. fastest pace we've seen since 1981 back in reagan years. >> you have to go to art laffer to find that out. white house points out wages are up. here is the deal. wages aren't rising at the pace of inflation. you look at a pay cut of 3.6%. >> if you crunch the numbers inflation is costing the average american household $500 a month. setting on fire ...

Todd: joining us with his latest thoughts on the latest developments fox news contributor dr. matter mccarry, why is most of the nation learning that lab leaks are commonplace? >> well, it is irony, todd, the entire journalism community in the united states singularly pitted to this one issue and somehow missed this entire topic because they perceived that it was political on its side but they didn't support but the reality is that many of under the circumstances have long suspected that the lab leak hypothesis was the default conclusion this proven otherwise. jillian: makary. china confirms f...