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– TIMESTAMPS –
0:00 Intro
1:31 What’s the CPI?
4:23 Why Itβs Essential?
7:44 The CPI Basket
11:40 Shelter Calculations
14:46 Different Questionable Accounting
18:59 The Present Panorama
21:09 Conclusion
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The data contained herein is for informational functions solely. Nothing herein shall be construed to be monetary authorized or tax recommendation. The content material of this video is solely the opinions of the speaker who shouldn’t be a licensed monetary advisor or registered funding advisor. Buying and selling cryptocurrencies poses appreciable danger of loss. The speaker doesn’t assure any specific consequence.
#Inflation #CPI #Transitory #Fed #BLS #economics
Source: Coin Bureau
27 Responses
What do you guys think? Do you also feel these inflation numbers are under-counting things? Would love to know! Don't forget to follow me on my socials for the content that you are missing here π https://guy.coinbureau.com/socials/. You may also be interested in my clips channel for behind the scenes content https://www.youtube.com/channel/UCR93yACeNzxMSk6Y1cHM2pw
I know I have constantly less money left, while spending on less items / hardly going out due to restrictions. At gas station, trying to get gas looking at the same maximum amount as always – not possible at all, had hardly enough fuel to get back home.
Yes, huge issue that at the same time, clients want to pay less.
American Liberals: iNfLaTiOn iS a GoOd tHiNg.
I have seen a lot of food items increase ~50% (poultry, fresh vegatables, etc.,). Gast is up 50%. Natural Gas for heating up 25%-30%? I would like to know where they are getting these inflation numbers from.
Same here in Europe (Holland), inflation was measured 20 years ago with Rent of your house or mortgage, price of your weekly groceries, petrol price, and energy prices, they then removed that from the shopping basket, and now there is supposedly 6% inflation, if you measure inflation just like 20 years ago, now (end of 2021) inflation is 11%. The worst part is that once inflation stops, current prices will not fall, only when there is deflation do prices fall.
As we say in the USβ¦ Letβs go brandon!
So basically your governments are fucking you!
THE AVERAGE PERSON IS A MORON. That is a bigger scam.. If most things in your life were $1 – and a year later they were $1.25-$1.30 is that 6%? We doubled out money supply in the US in 2008.2009 and prices went up about 30%. I said a year ago that people should write down prices of everything in their lives, not yachts and luxury cars… and do your own Inflation…
and don't forget about "substitution allowances"
We are in the first stages of the Weimar syndrome
The Coin Bureau Drinking Game: take a shot each time Guy says inflation!
BLS the L is silent apparently. Wow, inflation which is targeted at making independent living impossible, forcing you to rent and move to cities. No meat, only bugs and soy. It's almost like the conspiracy theorists were trying to warn us or something.
The ONLY person unaware of inflation is Rip VanWinkle. The second he wakes up it'll be EVERY SINGLE LIVING PERSON. Except for infants, maybe.
this life is a rug pull lol
James made it to CB!!!!
The CPI is definitely under accounting. However, the feds have stopped using the word βtransitoryβ because of pressure by Joe Biden. If you look at The numbers given in the latest report, you can see that the feds still believe inflation is transitory. Look at their predictions for inflation
The US government is the largest terrorist organization on earth. Pure evil.
I think that was PT Barnum who said "You can fool some of the people etc …
If people can't afford food, they'll eat dog shit
Pretty Soon Stuff will be Priced in Satoshis. Those that think they run the World, no Longer Run the World. And now they are like Wait ! This is not the New World Order we had in Mind. Unexpected the Future is π
In France lying about stats is their specialty they also manipulate unemployment stats to stop paying people so they can keep saying they give money to unemployed people and that the number is low. but in reality they just pretend people stop being unemployed after a certain time for stats. And the French gov takes EU presidency for the next 6 months at the same time well have presidential elections……. shit about to explode in a civil war
Bitcoin ainβt going to solve it . CPI the way itβs set up is rigged so itβs under report inflation.
In my country building materials are 300% higher than last year, bread 20% more expensive than last year,sunflower oil 40% higher than last year, sugar 20% higher than the last year etc, and our central bank said that our inflation is stable and 4,1%
π
0% suprised.
Hey Americans! Welcome to Argentina! Inflation that goverment reports: 33%
Real inflation: 67%
50 % of young adults are under the poberty line and unemployed, 75 % of children left school and cant go back because of the economic crisis. Our inmigration rates are skyrocketing!
Seriously hear me out! kick out your money printing buddies out of office before you become us!
SERIOUSLY AMERICA WAKE TF UP
Printing money was always going to lead to more inflation