Get $15 in FREE Crypto from FTX.US by signing up and trading $100 using referral code “whiteboard”:
The true rate of inflation is much higher than CPI, which was reported at 9.1%.
Consumer Price Inflation came in hot at 9.1% – past the 8.8% expectation, and it’s accelerating.
This is the highest CPI measure since 1981!
At least it’s not in the double digits, right?
At a rate of 9.1%, it only takes 7 years to slice your wealth IN HALF regarding purchasing power. By year 50 at this rate, you’re left with the purchasing power equivalent of just $847.61.
It may not seem like a big number, but inflation is a HUGE stealth tax that most people don’t even realize.
In this video, I uncover what the TRUE rate of inflation is, and it’s much higher than 9.1%.
Please share this video.
🔥 WBF University – Join My School Here:
GET MY HOME AFFORDABILITY SPREADSHEET HERE:
FOLLOW ME ON INSTAGRAM:
⏰ Timestamps ⏰:
0:00 – Intro
0:37 – CPI is 9.1% YoY
1:15 – CPI is Heavily Manipulated
2:23 – Inflation Destroys Your Wealth
3:40 – Inflation Eats Real Wage Growth
4:45 – CPI is Smoke & Mirrors
6:19 – Home Price Inflation
7:12 – TRUE Inflation Rate
8:13 – How To Position Yourself
10:56 – How To Protect Yourself
12:25 – Savers Are Losers In One Chart
13:53 – FTX Spot
14:56 – My Thoughts
18:41 – LOL
ABOUT ME 👇
My mission is to provide my viewers with actionable content that enables them to create financial wealth. My videos reflect my real-world experience as a real estate investor, stock market investor, student of finance, and entrepreneur.
This channel allows me to share my passion for personal finance, stock market investing, real estate investing, and entrepreneurship. I produce content that I would want to watch, and because of that, I give 100% effort to every video that I make. I also believe in complete transparency and open communication with my audience.
Subscribe if you are interested in:
DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion.