WTF is Happening to the Economy?
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Inflation hit 9% in 2022 and is now around 3.5%, so why does everything still feel so f*cking expensive?
This covers Paul Volcker, the Federal Reserve, New Zealand's 2% inflation target, Coca-Cola, Wingstop, PepsiCo, Walmart, Klarna, and the three companies behind most of the world's RAM. Inflation is down but groceries, rent, insurance, credit card debt, and everyday spending keep going up.
This is the story behind the prices you're actually paying, in a way thats actually easy to understand.
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Chapters:
00:00 Intro
01:45 Why Prices Only Move One Way
11:14 Who Profits From Prices That Never Come Down
18:18 What You Can Actually Do About It
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Disclaimer: This video and channel is for informational and entertainment purposes only. It is not financial advice. All views expressed are my personal opinions. Before making any investment decisions, consult your personal investment, legal, and tax advisors, as this content is for informational purposes only and not intended as investment recommendations.
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