Inflation is Here to Stay- Andy Schectman #5313
Summary: It seems as if inflation is not quite as transitory as the media has portrayed. I sit down and chat with Andy Schectman about this ongoing phenomenon, which seems to be solidifying more and more as time passes. While CPI seems somewhat normal, things like commodity prices and house prices aren\u2019t factored into this number. Tune in to hear Schectman and myself breakdown the inflationary situation that is definitely structural, and to hear about the wide-reaching implications of this matter Highlights -Inflation is not so transitory -The largest social security increase in decades is coming -Companies are paying higher hourly wages and offering sign-on bonuses -Prices are going up, house prices are going up, but these numbers aren\u2019t factored into the CPI -The media doesn\u2019t do a good job of telling the truth -This inflation is definitely structural -Until you get a change in policy and the government is willing to make difficult decisions, this will be with us for the foreseeable future -As money depreciates, it never has as much value as when you first had it -The US leaving Afghanistan had a major impact on OPEC\u2014they\u2019re being protected by Russia and opened up oil to other currencies Useful Links Financial Survival Network Miles Franklin info@milesfranklin.com Silver Supply Could Vanish Overnight with Andy Schectman Silver Bullion Will Disappear \u2013 \u201cPeople Are Waking Up\u201d with Andy Schectman