Why Inflation is a Bigger Threat Than You Think
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Top Comments (10)
Pain now or pain later, there is no magical way to avoid inflation. I'd rather take on pain now by preparing than suffer later!
well I for one want negative inflation. I want to be in middle class again.
Government needs inflation. They get more tax revenue with more inflation and the existing debt becomes dwindled away by the inflating currency
We're screwed...
Love your videos. Thank you for always educating me to better understand the economy and finances.
In 2021 I bought 23 items for $27. I bought the same items today in 2024 and it’s $96
✅ Learn more about Facet* and book an introductory call: https://www.facet.com/minoritymindset *This is an ad. Minority Mindset is a paid partner with Facet. Join Market Briefs for FREE and get my daily financial newsletter: https://briefs.finance/2b32d5 WARNING: LOOKOUT FOR SCAMS IN THE COMMENTS! There are many fake accounts impersonating me, and there are many bots promoting fake/scam investments. I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture!
The reason inflation isn't coming down is 90% of the inflation is price gauging... it doesn't have anything to do with real inflammationary pressures.
Finally the unsaid part is being said. Debt is an investment for the investor. You go to work and work just enough to pay the debt so you can live a minimal life. Those reaping the interest live a life of abundance.
The middle class live life richly. They can borrow and buy!
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Top Comments (10)
Pain now or pain later, there is no magical way to avoid inflation. I'd rather take on pain now by preparing than suffer later!
well I for one want negative inflation. I want to be in middle class again.
Government needs inflation. They get more tax revenue with more inflation and the existing debt becomes dwindled away by the inflating currency
We're screwed...
Love your videos. Thank you for always educating me to better understand the economy and finances.
In 2021 I bought 23 items for $27. I bought the same items today in 2024 and it’s $96
✅ Learn more about Facet* and book an introductory call: https://www.facet.com/minoritymindset *This is an ad. Minority Mindset is a paid partner with Facet. Join Market Briefs for FREE and get my daily financial newsletter: https://briefs.finance/2b32d5 WARNING: LOOKOUT FOR SCAMS IN THE COMMENTS! There are many fake accounts impersonating me, and there are many bots promoting fake/scam investments. I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture!
The reason inflation isn't coming down is 90% of the inflation is price gauging... it doesn't have anything to do with real inflammationary pressures.
Finally the unsaid part is being said. Debt is an investment for the investor. You go to work and work just enough to pay the debt so you can live a minimal life. Those reaping the interest live a life of abundance.
The middle class live life richly. They can borrow and buy!