Happy inflation day, what's going on moon gang, i wanted to make this really quick video to let you know. What's going on with the most recent inflationary report that just dropped, i'm talking about the cpi, the consumer price index, i want to dive into what it means for really the overall economy, what it means for monetary policy and really what it means for you and why You're most likely justified in your anger towards our government and also the federal reserve. So with all that being said, let's hop right into it at 8 30 a.m. On tuesday april 12th we got a very bad inflation report.

It was very, very hot. It was no bueno and we're gon na be getting into why it's not just in your head that you feel like you're becoming poorer, because, according to this, we all are so the consumer price index is a very important report. That's basically how expensive have things gotten for consumers? People like you, people like me how expensive is it to buy common goods, so this report that comes out every month is used by the federal reserve when they're making decisions on monetary policy so are rates going up? Are they going down? What are they doing with quantitative easing quantitative tightening has massive massive impacts on the economy and thus also the stock market. Well, coming into today we're at a four decade high again, consumer prices rose 8.5 in march, slightly hotter than expected and the high since 1981..

This is the year-over-year measurement. The expectation was 8.4, as you can see, it came in at 8.5, the month-over-month measurement was 1.2 when the expectation was 1.1 that 1.2 jump month over month. That's the highest we've seen since 2005, and this year of a year measurement of 8.5. The last time we saw that was december 1981..

Folks we're talking about an inflation, that's so incredibly high. We haven't seen it for 41 years. On top of it, we need to get a little bit more into like that's the headline. That's the tl, dr, but some of the things that we see going on underneath are even worse.

Surging food, energy and shelter costs helped account for the game, so i went into that a little bit more energy month over month up 11 year over year, up 32 food is up 1 month over month, and i know that doesn't seem that high, but in the World of food, that's actually very, very impactful, and year over year, food is up 8.8 and with everything rising. This is the thing that is probably going to make you a little bit more angry, but before we get into that, i want to do my best and i'm going to use the help of like just one of my twin brothers, uh we're gon na talk about Cameron, winklevoss uh. Obviously i'm the triple i'm like it was triplets a lot of people, look at my two taller, better, looking more successful brothers and they think they're twins, but really i'm actually the third one. So shout out to my bro here: inflation broken down by month and reason so in 2021, uh september october, we're around six percent and that's when they started using the term transitory, particularly jerome powell.

The fed chairman um transitory, as in not permanent, and he was like, as it continued to go up from 6.2 to 6.8 to 7 to 7.5 to 7.9 to 8.5. He was like confused he's like i don't know why everyone's focusing on this word like we should retire. This word he was literally gaslighting, the entire public. That's our federal chairman, our fed chairman was saying.

I don't know why you're because dude you told us, you told us that you have inflation under control, it's transitory and either you suck at your job or you are lying speaking of people who suck at their job or they were lying. Another thing that was happening during this and this one was a little bit more recently starting in january and february, is passkey. The spokesperson for the white house was literally telling us she's, like hey, i know inflation's bad, but it's actually improving and then she just flat out said yeah. I know yearly is bad but month over month it's actually improving.

It's not improving. What month are you looking at? All it's done from october to march is increase, let's go through, which i like here of the reasons for it. So at first it was transitory. Then we were gaslight.

Greedy corporations was, i guess, like the turkey time, reasoning and then december supply chain bottlenecks, and that's one that the fed itself really likes to rely on be like. We can't do anything about supply chain. All we can impact is demand, and you could get into that. If you want and that's why it continued again, in january then february we were told that oil prices and now their most recent one - is putin, putin price hike, uh.

This is another thing that pesky once again was pushing saying: putin price, like putin price like and then even president biden himself was saying, have no doubt about it. This is all because of putin dude. Is he making it better? No he's making the situation worse, but our own policies and our own decisions within the us from the fed and the government have been doing a pretty good job at getting us where we currently are uh and good question. What will they blame next now? The thing that i really want to wrap this up with is it's one thing: whenever you see things related to the government is, is your anger justified it doesn't make sense, is? Is it ground, in fact, or is it just? Sometimes life goes awry and like maybe it's not the most accurate thing.

When i see all this that i feel like yes, the federal reserve and the government surprise surprise has been lying to us and i'm sure many of you feel that way. But another thing i want to dive into is that you're, probably feeling like even this is under representing the financial strain that you're currently feeling now, if you're in that boat, i want to let you know that you're not just you're, not going local, there's, actually numbers That suggest that so in the cpi report that came out, we got a little bit more information. What i want to share with you is the fact that there are wage reports relative to inflation and i've been going over these numbers increasing, increasing increasing, but the thing that i am particularly most disheartened by is by these two metrics right here, so relative to inflation. Hourly wages have actually dropped 2.7 percent and then relative to inflation.

Weekly wages have actually dropped 3.6 percent, so basically as the fed and the government is continually giving like literally the lowest effort to lie to us like something that the average person is just seeing straight through it does have real world implications. It's not you just feeling that extra like crunch in your wallet there, it's the fact that, like on a relative basis, we have the numbers. We have the quantifiable evidence that, yes, it is becoming a worse situation for you, so that sucks - and obviously this is a pendulum. Things are good.

Things are bad and right now things are high and then there were some recent talks about how like okay, we haven't peaked, but we think we're getting close to it and obviously fingers crossed for better days ahead. But i just wanted to share all these numbers with you and let you know that hey, maybe maybe your anger is a little bit justified in this particular scenario, but obviously i would love to get your thoughts and a comment below. Maybe it's just me who's. Getting a little bit too angry about the whole situation, hey if you want to help me out the algorithm don't forget to hit that like button and also don't forget to join up the moon game by hitting the subscribe button i'll catch you in the next video.