Direct Access To Me – Live Weekly:
—————————————————————————————————
🔥 ALL MY TIPS AND STRATEGIES ON THE DISCORD COMMUNITY: 🔥
💵 HOW TO MAKE MONEY ON AMAZON: 💵
👨 JOIN THE $GPS MENTORSHIP 💵
—————————————————————————————————
LOOK THROUGH MY BOOKS!
MY FAVORITE BOOKS:
SUPPORT MY WORK:
—————————————————————————————————
Sources Used in This Video:
…(read more)
LEARN ABOUT: Investing During Inflation
REVEALED: Best Investment During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing
HOW TO INVEST IN SILVER: Silver IRA Investing
It Begins: Inflation Round 2 in 2024 as Consumers CRACK
As we enter 2024, a sense of unease grips consumers and businesses alike as inflation rears its head once again. After a period of relative stability, the costs of goods and services are once again on the rise, putting strain on already stretched household budgets and threatening the viability of many businesses. Economists and analysts have been warning of the potential for a resurgence of inflation, and it seems that their predictions have come to pass.
The roots of this new wave of inflation can be traced back to a number of factors. The ongoing global supply chain disruptions caused by the COVID-19 pandemic have led to shortages of crucial goods and materials, driving up prices. Additionally, the Federal Reserve’s decision to keep interest rates at historic lows has fueled consumer spending, leading to increased demand for goods and services and putting further pressure on prices.
One of the most concerning aspects of this inflation round is the impact it is having on consumers. With the cost of everyday items such as groceries, gas, and housing rising steadily, many households are feeling the pinch. Inflation erodes the purchasing power of consumers’ incomes, making it harder for them to make ends meet and causing financial stress. This is particularly difficult for those on fixed incomes, such as retirees, who may see their savings and pensions diminish in real terms.
Businesses, too, are feeling the effects of inflation. The rising cost of raw materials and labor is squeezing profit margins, forcing many companies to consider raising prices for their products and services. This can lead to a vicious cycle in which higher prices drive even higher inflation, putting further strain on consumers and businesses alike.
These developments are leading to growing concerns about the potential for stagflation, a situation in which high inflation coincides with slow economic growth and high unemployment. While the economy has shown signs of recovery from the pandemic-induced recession, the specter of stagflation could derail these positive trends and lead to a period of prolonged hardship for many.
In response to these challenges, policymakers are facing difficult decisions. The Federal Reserve, which is tasked with maintaining price stability and full employment, must carefully balance its monetary policy to address inflation without stifling economic growth. Meanwhile, elected officials are under pressure to provide relief to struggling households and businesses, possibly through targeted fiscal measures and support for affected industries.
As we navigate this new phase of inflation, it is crucial for consumers and businesses to stay informed and adaptable. Understanding the factors driving inflation and its potential impact on the economy can help individuals and companies make informed decisions about their finances and operations. Additionally, advocating for policies that promote a healthy and sustainable economy can help to mitigate the effects of inflation and support long-term prosperity for all.
In conclusion, the resurgence of inflation in 2024 is a cause for concern for consumers and businesses. As prices continue to rise and the potential for stagflation looms, it is essential for all stakeholders to remain vigilant and proactive in managing the challenges ahead. By working together and advocating for sound economic policies, we can weather this storm and emerge stronger on the other side.
Happy holidays, sir 🙂
Hey , what about the soft landing?
I am entering the solar panel industry. I think it is a good bet because I hear rumors they want ot pass laws to enforce ecofriendly homes like they did with health insurance. If they do it will be a big boom and it will be better to be in it and expirienced before it starts. Even if they don't with inflation and higher energy prices I believe if you buy a GOOD solar system today it will be practically free the comming years do to exploding prices.
wait until the new carbon tax hits Canada
I bought a bag of frozen broccoli and when I opened the package. It was filled with sliced pieces of broccoli stems with a few floral pieces.
Great video.
I really like the message that you’re communicating to everyone.
Seems to me like growth years ago, especially before I was born was based on actual physical growth. The money followed the growth.
Now it seems since we became a so-called service economy that the growth is based on the growth of wealth, and everything is geared towards that for the wealthy.
My question is, how long is it gonna take for the wealthy to suck all the money out of the middle class to where there is no longer a middle class and where do they go from there to continue their growth?
Just a thought, but I’ve been thinking that for a long time.
I've seen the rapid onset of skimpflation in clothing
PRAISE YAHWEH ALMIGHTY FOR GUIDING ME TO BUYING 2 ACRES ATTACHED TO EACH OTHER, I PAID CASH FOR THEM AND SOLD ONE TO MY COUSIN SO WE HAVE OUR LAND AND LIVING QUARTERS OWNED FREE AND CLEAR. I WAS HOMELESS AND IN AND OUT OF PRISON FOR OVER 20 YEARS AND THOUGH I'VE BEEN THERE DONE THAT FROM WHAT I'M SEEING I WOULD IN NO WAY WANT TO BE HOMELESS NOW. YAHWEH ALMIGHTY THANK YOU IN YESHUA CHRIST'S HOLY AND POWERFUL NAME.
YAHWEH ALMIGHTY IS OUR COMMANDING OFFICER AND WE ARE THE WARRIORS FOR THE CHILDREN. SATAN KNOWS THAT HIS TIME IS SHORT AND IS LURING THE MASSES INTO ETERNAL DAMNATION WITH HIM USING EVERY TOOL OF INIQUITY THAT HE HAS, SEXUAL PERVERSION BEING THE ONE THAT IS FLOODING OUR COUNTRY AND OUR WORLD WITH THE FALSE IMPRESSION THAT IT IS NOW ACCEPTED BY YAHWEH ALMIGHTY BUT HE DOES NOT CHANGE, IT IS A SICK IMMORAL SIN. THE ENEMY WHO STOLE THE ELECTION AND GOVERNMENT FROM WE THE PEOPLE IS EVERYWHERE NOW AND HAS TAKEN CONTROL OF THE ENTIRE WORLD AND WE FOLLOWERS OF YAHWEH ALMIGHTY AND GOODNESS AND RIGHTEOUSNESS ARE THE WARRIORS AGAINST THEM WITH OUR 2ND AMENDMENT BEING THE ONLY THING THAT IS KEEPING THEM FROM ROUNDING US UP AND MURDERING US RIGHT NOW. THEY WILL BE STEALING EVERY ELECTION NECESSARY FROM HERE ON OUT AND A PATRIOTIC CALL TO ARMS IS THE ONLY THING THAT WILL STOP THEM AND SAVE THESE UNITED STATES SO DON'T GIVE UP YOUR GUNS AT ANY COST. WE ARE BEING LABELED DOMESTIC TERRORISTS AND IF BEING THE CHILDREN'S WARRIORS LABELS ME AS SUCH I GLADLY ACCEPT THAT TITLE. BE READY TO ROCK AND ROLL LIKE THE LIVES OF YOU AND YOUR FAMILY DEPEND ON IT BECAUSE THEY DO. MAY YAHWEH ALMIGHTY BLESS US ALL WITH KNOWLEDGE WISDOM GUIDANCE AND PROTECTION IN ALL THINGS IN YESHUA CHRIST'S HOLY AND POWERFUL NAME.
Gov't now saying increasing interest rates is inflationary because people cant afford their "new" mortgage payments (Idiotic left wing comment). Whereas before, they were saying raises in interest rates, curb home price inflation… WHAT A JOKE!
I'm expecting a second round of inflation. The FED /BOC will do everything they can to bullshit the true story …
You are seeing huge surge in buy now, pay later phenomenon that is gripping the American consumer.
As I said in a previous video, there is always more to a news headline then what is being controlled by the WH press office.
Nothing new here. A friend of mine noticed a few years ago the Pine Sol detergent formula had been changed and it smelled horribly. Soon with CBDC they will send us away from meat and towards bug proteins.
Do not eat alot of Soy especially if you are male
Use the old equation for inflation bet it’s double digit inflation
Restaurants that are not doing well will use “skimpflation” to try to save money. Since the customers notice the lower quality ingredients and smaller portions, it becomes a self fulfilling prophecy and most of the restaurants that do this don’t survive in the end.
It use to be I opened a bag of chips and have half the bag be air. Now I open a bag of chips and 3/4 the bag is empty. Theres no point in buying certian things anymore.
It's not new – decades ago I looked at a cereal ingredient – 'Blueberry bits' – made of of 2 red dyes + 1 blue dye with flavourings and filler products. Webpage has mysteriously disappeared but the memory remains
The inflation crime! Stealing our wealth for decades!
As usual, a very informative video. Thank you, David, for the update and your research to keep us informed.
Coca cola 12 packs sale price 8.88 for four. 2 years ago.
Now 16.00 for four on sale.
8.99 regular price per 12 pack
That’s right, they charging the same price for cheaper artificial ingredients in a SMALLER package and expect you to pay off your student & credit card debt while living paycheck to paycheck. Now you got it.
The US government will eventually give out a new round of stimulus to only the poor and think that the former middle class will except it while inflation screams upward. They are probably right unfortunately since the middle class is also less likely to protest.
Its not inflation…its currency devaluation.
I tell people to research what happened in the 1970s to 1981 and no one knows what happened and instead complain….. Canadians here are spoiled and too trusting of their own government/ banks meanwhile people in Turkey and everywhere else know more about money.
The only inflation I see is my stomach from all the food I ate on Christmas.
Everything is going to be ok..
Thank you, GPS, for the great work you do
Only way economy will be better if corrupted Fake President Joe Biden is not President in 2024
What will happen to the housing market in 6 months and 18 months?
Picked up items at Walmart today. Asked about how boxing day went, and their reply was unusually SLOW.