Have you noticed how the US dollar has been turning around? That hasn't been good for international stocks that have debt in US dollars. Maybe why there's a sharp pullback in progress with $EEM etf and $FXI.
4:29 - 4:41 important to note that you are using CPI and Inflation synonymously. they are not the same thing. CPI is a manipulated weighted calculation of a basic of goods. the calculation has changed drastically over the years. give me control of that CPI calculation and I'll make it say whatever you want (not good). Monetary inflation is the increase of the money supply, most likely M2. when ppl hear CPI ("inflation") is 2.5%. they know it is BS. because collectively they see and feel that prices are much higher than that. so please stop using CPI as inflation. or state the difference in your videos. we need to educate the public. true monetary inflation is more around 7% over the last several years.
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Thank you again Charlie!!
Excellent work
thanks charlie!!!
Have you noticed how the US dollar has been turning around? That hasn't been good for international stocks that have debt in US dollars. Maybe why there's a sharp pullback in progress with $EEM etf and $FXI.
But just look at the past two weeks. Going down a bit is definitely inevitable
4:29 - 4:41
important to note that you are using CPI and Inflation synonymously.
they are not the same thing.
CPI is a manipulated weighted calculation of a basic of goods. the calculation has changed drastically over the years. give me control of that CPI calculation and I'll make it say whatever you want (not good).
Monetary inflation is the increase of the money supply, most likely M2.
when ppl hear CPI ("inflation") is 2.5%. they know it is BS. because collectively they see and feel that prices are much higher than that.
so please stop using CPI as inflation. or state the difference in your videos.
we need to educate the public.
true monetary inflation is more around 7% over the last several years.
Yep Biden likes to spend
Congress passes the budget.
The Committee for a Responsible Federal Budget says Trump's plans will add $4 trillion more to debt than Harris'.