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The Fed Got It ALL Wrong

2022-01-14 Education
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Andrei Jikh
Andrei Jikh
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Description

Here's everything that will cost a lot more in 2022: ► $25 of Bitcoin when you buy $100: https://gemini.sjv.io/Andrei ► $10 of Bitcoin from Coinbase: https://coinbase-consumer.sjv.io/RyP6ra ► My Stock Portfolio + Stock Tracker: https://www.patreon.com/andreijikh ► Get 2 FREE stocks valued up to $1850 (when you deposit $100): https://act.webull.com/kol-us/share.html?hl=en&inviteCode=QhhB1aDNwEDP ► ROBINHOOD (Get 1 Stock When You Sign Up): https://robinhood.c3me6x.net/c/1980551/671816/10402 ► Open A Roth IRA: https://m1finance.8bxp97.net/c/1980551/696710/10646 ► Follow Me On Instagram: https://www.instagram.com/andreijikh/ ► How I Protect My Bitcoin: https://shop.ledger.com/pages/ledger-nano-x?r=535643c13ab0 Prepare to pay more in 2022. I want to show you some truths about the economy and make sense of some numbers that just came out this week from the Fed, and then I’ll show you we’re all going to pay a lot more for in 2022. Did you know that 2021 was one of the best years on record for wage growth? It smashed all records in the last few decades. The average person got a 4.7% increase to their hourly wages - that translates to about $1.46 per hour. However, the inflation report shows that December’s inflation is at 7% - the highest it’s ever been since 1982 - 40 years worth. Even though we’ve had a record year of wage growth of 4.7% - when you subtract inflation away from that number - you actually get -2.3% wage growth which means the average person actually lost more than the increase to their paycheck. ARE PEOPLE BACK TO WORK? Weekly jobless claims totaled 198,000 for the end of December - that’s the lowest since 1969 - in 52 years. The stock market is almost at a record all time high, wages are at a record high, job openings are at a record high, and unemployment is almost at a record low back down to 3.9%. Since February of 2020 - before the pandemic started - there were 152.5 million jobs - today we’re only missing 3.6 million jobs from that February number and that’s not because there’s not enough jobs, there’s just not enough workers. SO WHAT'S MORE EXPENSIVE NOW? GAS: Gas Buddy made a prediction that in 2022 - gas prices would go up by 40 cents per gallon and that gas prices could easily go up to $4 a gallon on average by Spring time. FAST FOOD: For the first time in 25 years - little caesars is increasing the prices of their $5 dollar Pizzas by 11% to $5.55. To offset that - they’re increasing the servings of pepperonis by 33%. Hey instead of 10 pepperonis, give em 13. Chipotle has also increased their prices by about 4% - that’s 30 to 40 cents more per meal in order to offset the $15 an hour minimum wage increase. Even McDonalds raised food prices by 6% over 2020. Dunkin' Donuts increased prices by 8%. And Taco Bell increased their prices by 10%. In the last 12 months, the unadjusted 12 month inflation reading of eating away from home - is 6%. From December 2020 to December 2021Bacon is up 19%, steak 21%, cereal 6%, eggs 11%. Another big reason is that there’s a shortage of truckers who’s incomes have also gone way up. WHAT'S THE MOST EXPENSIVE THING? Watch the video! *None of this is meant to be construed as investment advice, it's for entertainment purposes only. Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future. #titanpartne

Top Comments (10)

@bravehats 2022-01-14

This guy's personality alone gets him more subscribers and views.

165 5 replies
@thebackyardbrewer5611 2022-01-15

We've been dealing with shrinkflation here in Australia for years, for example a 250gm packet of chips 20 years ago is now only 180gms thanks to shrinkflation and the price is roughly 50% higher as well. What's more annoying is 180gms doesn't go around as well at a party

23 2 replies
@MJA5 2022-01-15

1982 was a good year. I was 14 and picking watermelons and cantaloupes, throwing hay bales and working cattle. I made $3.25 an hour.

11 2 replies
@alanany 2022-01-15

I don’t watch youtube, I saw one of your videos randomly a year ago, and have been following you ever since (I literally subscribe to one channel only). I love your work, it’s very inspirational. I never thought that my area of business could be interesting on youtube. I’m highly inspired by you to start my own channel. As I know you’d appreciate strictly honest feedback, I’ve been frequently skipping some parts of your recent videos. What I liked about your content is that it being relatable internationally. I find it these days more focused on the U.S. I personally believe your content should be for everyone to maintain your scalability and growth. Inflation in the US -> Global Inflation for instance. I’ve seen fellow YouTubers that are posting in personal finance and similar topics. Truth be told, they’re not as good as you are. Again, I’m no youtube expert and barely giving my suggestion as a subscriber so that I’d enjoy watching you for as long as I can. Greetings from Zurich, Al

2 1 replies
@nicosbd7 2022-01-15

8:20 "Ice cream machine - still broken" 🤣

2
@jcf8201 2022-01-16

Thank you Andrei. Really appreciate your very very helpful and informative videos.

1 1 replies
@minsunkim813 2022-01-15

Great content! And funny way to explain everything, good job 👍

1 1 replies
@sammetzger2087 2022-01-15

I appreciate your helping me and my family understanding more about what to expect in the future.

0 1 replies
@wolfgangdarquea9443 2022-01-15

Love your videos mate!!!

0 1 replies
@anthonyfreeman5994 2022-01-14

love ya bro

0 1 replies

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