New Inflation Numbers - This Is Fine, Everything Is Fine

2 years ago
11

Inflation numbers are out again and oh boy, I just know JPow (Sir Jerome Powell - respected seer and protector of all of us and our economy from reality) was STOKED! I'm sure they are "in-line" with expectations and everything is fine, just fine and dandy! Keep doing a great job retiring terminology and ignoring that pesky dumb consumer sentiment. What does a vast collective of individuals know?!

0:00 - 1:10 Introduction, Articles Below
1:10 - 3:00 Inflation Numbers
3:00 - 3:36 These Jackasses
3:36 - 4:42 JPow & The "Transparent" FED
4:42 - 5:26 Consumers Pay Attention
5:26 - 6:30 Why It Matters
6:30 - 8:13 Remember The Agendas

Articles
https://www.cnbc.com/2021/12/10/consumer-price-index-november-2021.html
https://www.marketplace.org/2019/07/30/why-the-fed-decided-to-be-transparent/
https://www.marketwatch.com/story/powell-promises-great-transparency-on-tapering-asset-purchases-11616673616
https://seekingalpha.com/article/4418733-gold-feds-shutting-down-money-supply-data-is-alarming
https://nypost.com/2021/11/30/jerome-powell-its-time-to-retire-term-transitory-inflation/
https://www.bloomberg.com/news/articles/2021-10-08/u-s-is-in-recession-if-history-of-consumer-sentiment-repeats
https://www.cnn.com/2021/12/01/economy/inflation-good-bad-winners-losers/index.html
https://theintercept.com/2021/11/10/inflation-economy-debt-milk-prices/
University of Michigan, University of Michigan: Consumer Sentiment [UMCSENT], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/UMCSENT, December 10, 2021.

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