How Inflation Actually Works

Taking care of your health just got easier – start here with Zocdoc: https://zocdoc.com/howmoneyworks #sponsored ---- Sign up for our FREE newsletter! - https://www.compoundeddaily.com/ Books we recommend - https://www.howmoneyworkslibrary.com/ ----- My Other Channel: @HowMoneyWorks @HowBusinessWorked Edited By: Svibe Multimedia Studio Music Courtesy of: Epidemic Sound Select Footage Courtesy of: Getty Images 📩 Business Inquiries ➡️ [email protected] Sign up for our newsletter https://compoundeddaily.com 👈 All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind. #business #finance #inflation ------ Inflation and cost of living has made everything worse and more expensive to the point where most people are starting to feel progressively worse off with every passing year. We are told that inflation is running at 3 to 4% or something, (which is already not great), but then at the same time I am sure that almost anything you could think of has gotten 10 or 20% more expensive within the last year alone. Add on top of this the very real trend of things somehow getting cheaper at the same time they are getting more expensive, not to mention the fact that we are now more than ever before deciding that certain random pieces of junk are now “investments”... It’s a lot of very un-intuative logical paradoxes and frankly misleading statistics… and the thing is most people are noticing it, even if they can’t explain it. Whether it's paying 50 grand for a base model car with optional spyware, or the third console price hike this year, or even a stock market that somehow refuses to acknowledge reality, it sure doesn’t feel like our money is only buying 3% less than it was last year right? Well yeah, that actually is right, and one of the biggest problems is that most people (including the people writing our headlines and our laws) don’t really understand what inflation actually is… and more importantly what it isn’t…