The White House JUST ADMITTED They Were Wrong About Inflation
Published: 2024-03-20
Status:
Available
|
Analyzed
Published: 2024-03-20
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
The Federal Reserve aims for a 2% annual inflation rate, but current inflation is still significantly higher than this target.
"The Federal Reserve Bank wants an inflation Target of 2% meaning they want the prices of things to rise by around 2% a year but we're still quite a bit higher than that"
Pending
A significant amount of commercial real estate and corporate business debt is set to readjust in 2024, with more expected in 2025.
"we have this tital wave of commercial real estate debt that's beginning to readjust in 2024 and you also have this huge amount of corporate business debt that's starting to readjust in 2024 we have more debt readjusting in 2025 but it's starting in 2024"
Pending
Recessions are a recurring and factual part of the economic cycle, occurring approximately every decade.
"recessions are a part of our economic system our economy goes through booms and our economy goes through down periods that's is a fact our economy has gone through recession pretty much every decade for the last century"
Pending
Reported grocery inflation has been around 22% over the past few years, meaning $100 worth of groceries in 2020 would cost approximately $122 today.
"the reported grocery inflation for the last few years is around 22% meaning in 2020 and today a $100 groceries should cost $122 today"
Pending
Market crashes, such as in 2020 (stocks) and 2008 (real estate), present significant investment opportunities for those with financial knowledge.
"when the 2020 pandemic hit and the markets were crashing I was out buying stocks that crazy when the 2008 real estate market crashed I was out and buying real estate these create investment opportunities for those who are financially educated"
Pending
The Federal Reserve Bank aims for a 2% annual inflation target, but current inflation rates are still higher than this goal.
"The Federal Reserve Bank wants an inflation Target of 2% meaning they want the prices of things to rise by around 2% a year but we're still quite a bit higher than that."
Pending
A recession in 2024, 2025, or 2026 could lead to temporary losses in market investments.
"if we see a recession in 2024 or 2025 or 2026 if we see a recession and markets go down you could lose money temporarily"
Pending
The United Kingdom has been declared to be in a recession.
"it was declared that the United Kingdom is in a recession"
Pending
The Federal Reserve Bank has increased interest rates approximately 11 times since 2022.
"The Federal Reserve Bank has raised interest rates around 11 times since 2022"
Pending
A significant amount of commercial real estate and corporate business debt is scheduled to readjust in 2024, 2025, and 2026, with the readjustment beginning in 2024.
"well you have all these landlords and all these businesses that are going to see their debt levels readjust in 2024 and you also have this huge amount of corporate business debt that's starting to readjust in 2024 we have more debt readjusting in 2025 but it's starting in 2024"
Pending
Recessions are an inherent part of the economic cycle, occurring approximately every decade over the past century.
"recessions are a part of our economic system our economy goes through booms and our economy goes through down periods that's is a fact our economy has gone through recession pretty much every decade for the last century"
Pending
Reported grocery inflation over the past few years has been approximately 22%, meaning $100 of groceries in 2020 would cost around $122 today.
"the reported grocery inflation for the last few years is around 22% meaning in 2020 and today a $100 groceries should cost $122 today"
Pending
The Federal Reserve's target is 2% annual inflation, but current inflation rates are still higher than this target.
"The Federal Reserve Bank wants an inflation Target of 2% meaning they want the prices of things to rise by around 2% a year but we're still quite a bit higher than that"
Pending
Commercial real estate debt is set to readjust in 2024, 2025, and 2026, with higher interest rates impacting landlords and businesses.
"well you have all these landlords and all these businesses that are going to see their debt levels readjust in 2024 and 2025 and 2026 if interest rates stay higher what is going to do for them"
Pending
Investing is a long-term strategy; potential temporary losses in a recession (expected in 2024-2026) are not realized until an asset is sold.
"investing is a long-term game we could see a recession in 2024 or 2025 or 2026 if we see a recession and markets go down you could lose money temporarily but you got to remember you don't actually lose money until you sell"
Pending
Corporate business debt is scheduled for readjustment in 2024, 2025, and 2026, with potential impacts from sustained higher interest rates.
"well you have all these landlords and all these businesses that are going to see their debt levels readjust in 2024 and 2025 and 2026 if interest rates stay higher what is going to do for them"
Pending
The speaker bought stocks during the 2020 pandemic market crash and real estate during the 2008 crash, indicating a strategy of buying during downturns.
"when the 2020 pandemic hit and the markets were crashing I was out buying stocks that crazy when the 2008 real estate market crashed I was out and buying real estate"
Pending
By 2023, the cumulative effect of high inflation made spending difficult in the UK, leading to increased bad loan write-offs by banks due to inability to pay debts, and it was declared the UK was in a recession around that time.
"by the time 2023 came around sustaining that of spending in the United Kingdom became even more tough because now you have the cumulative effect of the high inflation and that's where you saw more Banks having to write off these bad loans these bad consumer debts because people weren't able to pay off their debts and that was about the time where it was declared that the United Kingdom is in a recession"
Pending
Many Americans are financially worse off now compared to five years ago, due to the cost of living increasing faster than incomes.
"relative to the whole picture from 5 years ago a lot of Americans are broker today than they were before"
Pending
Reported grocery inflation has reached approximately 22% over the past few years, meaning $100 worth of groceries in 2020 would cost $122 today.
"the reported grocery inflation for the last few years is around 22% meaning in 2020 and today a $100 groceries should cost $122 today"
Pending
Market downturns, such as the 2020 pandemic crash and the 2008 real estate crisis, present significant investment opportunities for financially educated individuals.
"when the 2020 pandemic hit and the markets were crashing I was out buying stocks that crazy when the 2008 real estate market crashed I was out and buying real estate these create investment opportunities for those who are financially educated"
Pending
Recessions tend to occur when the general public is not anticipating them, rather than when widespread predictions are being made.
"recessions don't happen when everybody's predicting a recession to happen recessions generally happen when people don't think a recession is going to happen"
Pending
The economy is cyclical, experiencing both booms and downturns, with recessions occurring approximately every decade.
"our economy goes through booms and our economy goes through down periods that's is a fact our economy has gone through recession pretty much every decade for the last century"
Pending