The Inflation FAIRY TALE
The reason officials repeatedly say we have high inflation, and rising prices, are supply chains and supply and demand issues resulting from the pandemic, even though corporate profits are at all-time highs. Some economists disagree with that official explanation and argue the current inflation is a result of profit margin expansion.
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Sources:
Yahoo Finance - Core PCE: 'We're in complete deflation territory,' economist says
https://www.youtube.com/watch?v=QoC2Qu6iHUw
Stemming the Cost of Living Crisis | Davos 2023 | World Economic Forum
https://www.youtube.com/watch?v=ELYluxxoTr4
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Everything included in this video, and above in this description, is provided for informational purposes only. This is not legal advice, nor can I give you legal advice. This is not financial advice, nor can I give you financial advice. This is not medical advice, nor can I give you medical advice. No information provided in this video, or above in this description, should be construed to form an attorney-client relationship, financial advisory relationship, or a relationship between a patient and medical professional. If you are seeking financial, legal, or medical advice for your specific situation or circumstances, you should contact a licensed financial advisor, legal professional, or medical professional qualified to provide such advice in your local jurisdiction.
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