How to Survive When the Economy Feels Fake
Published: 2025-06-18
Status:
Available
|
Analyzed
Published: 2025-06-18
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
Inflation outpaced median household income growth by 2.2% between 2020 and 2025.
"Over the last 5 years, from 2020 to 2025, the reported inflation rate was 24.2%, which means on average, things are 24.2% more expensive. Compare that to the median household income in America, which has grown by 22% over those same 5 years."
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The stock market grew by over 90% between 2020 and 2025, significantly outpacing median household income growth.
"Compare that to the stock market which has grown by a little bit more than 90% over that exact same time period."
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The price of a median car in America increased by 840% between 1975 and 2025.
"Over the last 50 years, between 1975 to 2025, the median car in America has gone up in price by 840%."
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The price of a median house in America increased by approximately 1,200% between 1975 and 2025.
"The median house in America has gone up by around 1,200%."
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The cost of one year at a public university increased by approximately 2,000% between 1975 and 2025.
"And the cost to go to a public university for one year has gone up by around 2,000%."
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Median household income in America grew by approximately 600% between 1975 and 2025.
"According to data from the Bureau of Labor Statistics, the median household income in America has gone up by around 600% over the last five decades."
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The S&P 500 grew by approximately 4,000% between 1975 and 2025.
"The stock market over these same 50 years has gone up by around 4,000%."
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The top tax rate for W2 employees is 37%, while the top tax rate for investors is 20%.
"The top tax rate for a W2 employee is 37%... The top tax rate for an investor is not 37%, it's not 30%, it's 20%."
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In 2024, the US government borrowed $1.8 trillion due to spending exceeding revenue by that amount.
"In 2024, the United States government generated about $5.1 trillion in tax revenue. But then the United States government went out and spent around $6.9 trillion... which meant they had to borrow around $1.8 trillion."
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The creation of more money leads to dollar devaluation and increased prices, which is identified as inflation and a 'hidden tax'.
"When the more money gets created, now you're diluting the value of our dollars... you print more dollars, the value of each individual dollar goes down, causing the prices of things to go up. That's why we've seen this inflation happen."
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Stocks and real estate are identified as the primary asset classes that have built the most wealth over the last century.
"Well, stocks and real estate have proven the test of time. These two asset classes have built more wealth than anything else over the last century in the United States."
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To afford a luxury item, one should have five times its cost in liquid assets.
"If you can't buy five of them, you can't afford one of them. You want to buy a $10,000 Rolex? Great. You better have $50,000 before you go out and buy that Rolex."
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A recommended money management system where 75% of income is for spending, 15% for investing, and 10% for saving.
"for every dollar that you earn from here on out, 75 cents is the maximum that you can spend. 15 cents is the minimum that you invest. 10 cents is the minimum that you save."
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Generational wealth is defined as having investments that continue to provide income for one's family even after death.
"Even if you died, your family still has the money coming in from your investments. That's what generational wealth is."
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