Name: Inflation Only Went Up 0.4%
Uploaded: 2022-11-11T11:44:43+00:00
Duration: 8 min 25 s
Description: So the Fed is saying inflation is coming down even though it went up 0.4% last month. The biggest thing to remember is the CPI does not count food or energy in it's calculation. The true inflation rat

3 years ago

News Economy Inflation

So the Fed is saying inflation is coming down even though it went up 0.4% last month. The biggest thing to remember is the CPI does not count food or energy in it's calculation. The true inflation rate going off of 1970s standards is around 18% give or take and 1970 compared to 2022 it is up 182%. The Fed and government are doing everything they can to make people stay a sleep and not freak out. Once you get to a point where people are paying more than 50% of their income to food and energy there tends to be a revolt. Look at the over throws of dictators that the US was not involved in, it came down to not being able to feed yourself. Just be prepared for anything and everything to go wrong. Stay Safe.

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