Inflation Report Released: Here's What You Need to Know
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- čas přidán 6. 06. 2024
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cpi reports are cooked .
Marinated, MSG added, cooked, and garnished
They were always cooked xD
Agreed
Well done cooked books
Pinball?
They... are... lying to us
No way man gotta trust the Science™
They have been for decades lmao. Nothing is going to change
Maybe it's time to renounce citizenship and move to Switzerland
Well, yeah. Can't tell people the world is on fire or It would be anarchy.
@@outofshapecartoons4138 the planet is fine it's cyclical whatever's happening to nature... The problem is the people are f-+ked...
You know what’s gotten worse? Auto insurance!! Companies are raising rates like mad
OH MY GOODNESS, you are absolutely correct David. It's absurd. Home insurance too.
They do it just cuz they can. There is no supply chain issues anymore there hasn't been. They just keep lying an price gouging everythjng
My family’s insurance rates went up 1.6k for the year…
It’s because of the amount of drivers without insurance (illegals )
Ridiculous!!! 😠
They cooked them books, and no one will convince me otherwise.
Of course they are
Of course they did/do. They did the same thing last year when they decided they'd calculate food inflation by prices of non essentials, well after shrinkflation has taken effect. So they looked at prices of products, not quantity.
Still cookin'. You can smell the aroma from afar.
@@ZER0_GDon't you mean chemtrails lol
Agree
It's so much worse... they fudge the numbers...
Items have halved in sized and doubled in price. Yet they want to pretend things are up 26%
Agree
No they didn’t, the issue is basically prices haven’t risen as much as usual, it’s still going sky high. The Fed is just high fiving themselves just bc prices didn’t go up “as much”
Food prices are through the roof and Americans are starving!
$250 for two weeks for a single male..i cant imagine how families do it!?
My average bill went from 1.2k to 2k over the last 1.5 years.
The US is ranked at the top 10 countries for the most obese people! Americans aren’t starving anytime soon. Don’t be dramatic!
That's not the point!@@kevinp8108
And remember, they stopped reporting in the numbers coffee and tomatoes and vegetable shortening. So the number would have been higher. They're basically "cooking the books" and thinking hopefully we won't notice.
If any one of us cooked the books this much we’d end up in jail.
They can't let us feel the strain of fighting 2 super powers at once
We already kinda are !
2% food inflation 😂 more like 20% plus
More like 70% or higher
I mean, it's one banana Sean. What could it cost? 10 dollars?
In the last few months, one gallon organic 2% milk went from $5.98 to $6.98 here.
Avocado went from 58~78 cents to 98 cents (while labeled as “original $1.38 😂😂). Sorry I remember the real original price.
Yea, 2.2%??? That's a load of bullhockey!
They’re probably ignoring the previous years and only comparing to last year.
No matter what kind of picture is painted the national debt and personal debt are ticking timebombs.
Agreed and idiots still vote democrat.
No they aren't. We only have to pay the interest. The debt itself never has to be paid back.
@@victorespino5650you do know the interest we pay grows every year right??? Eventually it'll take every tax dollar just to service the debt....
@@victorespino5650 are you really this stupid?
@@victorespino5650…such an AmeriKKKan answer!! 😂😂 clueless & braindead!! 😂
I’m a trucker, things have slowed down a lot. I don’t see this “strong” labor market they claim
Consumers are not buying.
Because they r simply lying to pretend its good then real numbers will be released and then they will be like oh no unemplyemnt emergency cut
I think the military industrial complex is really rocking right now
Trucker for over 16 years this is the worse it’s been since I been driving
@@netomartinez1512 Even in ~2009-2012 time frame?
My family of 4 is spending between $1500 - $2000 a month on food. We don’t eat out unless it’s a special occasion and we don’t buy premade boxed foods. My wife cooks us three square meals a day while I work 60 hours a week. This isn’t sustainable… I’m so tired..
Try fasting! Initially did it to help curb the food spending but have been enjoying all the health benefits along with it! It's a win/win
@@kongyang1720*starving 😭🤣
@@Navs126 Gotta look at the glass half full sometimes
@@kongyang1720 um shut up. lol
Y’all greedy!
Pretty soon the inflation report will reference only water bottle prices in a single vending machine in a vacant/abandoned building in Wyoming.
😂
Take my like… this shit was funny
😂
coffee is still in the cpi
Considering I'm in the food business..many of my ingredients are up 100%! What a joke. More expensive, less amounts, and shittier quality!
That's across the board, in all industries.
Heavy on the last part. Food quality has definitely decreased.
Up 100% since when?
@@alwayskourtit really has !!!
Wow thought it was bad at 20%
Answer for you Brian. JUST started a new job after being jobless for over a year, was also going to school to get my CDL. And even after getting it, EVERY job I looked at wanted 3-6mos of experience NOONE would hire me! Had to go to the local UFC and am SLOWLY getting to be able to work as a driver HOWEVER my pay is about 7$ less then what a new trucker makes because of this dilemma... So ya it isn't good at all!!! They r lies.
Thank you for sharing your experience Jacob! I'm seeing a common theme.
I pray things do get better for you!
Let’s not forget how much control the government has over that CDL medical card too 🤦🏽♂️
Insurance companies require previous experience or the rates are very high. The insurance companies have way too much control over our economy!
The mega OTR carriers hire no experience.
he keeps saying "convenient" for them, but sounds more like "corrupt"
I thought he was being sarcastic!
He is being sarcastic @@monikaw1369
I would like to see Brian in the next administration!! Anyone else?? We need more common sense back in office.
I got laid off but being in my 30's i knew it was coming when they told everyone "not to worry about your jobs" a few months ago.
😂😂
That is the first clue that layoffs are coming. Always
@@HughJass-jv2ltwtf you laughing about?
@@MarkDanger777
OP knew his employer was full of sh!t 😜😜
I work in trucking, significant slow down happening, low freight volume, low rates, not sustainable long term. It has been back sliding for months, this past 2 weeks has been much worse, we are in full swing of good weather, we should be super busy with seasonal work, we are headed for a crash, we see it first because we deliver things in the building industry, manufacturing industry, steel industry & more, no orders, no sales, nothing to truck, brace yourselves!
Thank you for sharing. I really appreciate you taking the time to inform us, it’s a huge advantage for us to know ahead of time.
❤
The stock market, which all-time high
I lease freightliners in Las Vegas. Things are not going well. I can assure everyone of that. Transportation sees the market shift before everyone else and there has been hesitation to grow from small to midsize companies since q3 23. Because of ifta going from .89 to 1.09 per mile this year in California and the push for ev mandates. Powell can raise the rates as high as he wants inflation is here to stay.
The fed nowcast has us growing at 4% this quarter
How dishonest can they be ??? You remove coffee, an item that almost ever household buys right at the time the price is skyrocketing !!
I have worked in the food industry for 23 years. I can assure you the prices have sky rocketed. A large can of fillipo berrio olive oil used to be 22.99. Now its 44.99. It litterally has been going up a $1 every few weeks. Dont let anyone fool you here.
And most of that oil is either counterfeit to its source and controlled by the mafias.
I paid on average $17.00 for a hamburger, fries, and a drink for me and my 2 kids. 3 X 17 = 51 bucks for one meal. That's my report , now you can belive them or you can belive me. NEVER AGAIN!
This is the worst I have seen the labor market since at least around 2014. The majority of jobs on indeed are ghost jobs, and about half of my friends have been laid off in the last 6-12 months.
Indeed. My view is that the whole system is far weaker than the narrative would suggest
Ghost jobs, fake h1b, complete outsource -
This is the current reality at least in IT. Mass layoffs and mostly no alternative options to rehire.
@@bigpicturethinking5620absolutely!!!!
The only ones getting jobs are illegals!
Silently laid off
All going as planned !
I seen this coming 3 and 1/2 years ago, this administration it's complete garbage, not to mention the food and rent And almost every other thing has almost doubled And frankly you have to decide either pay your rent or buy groceries. Very sad indeed, anybody that wants to argue about that must be living underneath the rock! God help us. Thanks Brian for all you do. We appreciate you!
The problem is the Fed not the administration, the last administration pressured the fed to keep rates artificially low as well.That is the problem o% interest rates make everything more expensive , add in the supply chain disruption being the perfect excuse for companies to jack up prices and screw everyone.
If this was trump everyone would be going crazy but Biden so media sleeping and government forging numbers
Simple question would you blame Trump for these numbers if he got reelected?
@@apthashooter860simple answer, these numbers wouldn’t even be this bad
@@apthashooter860 nice hypothetical to deflect for your dumb@ss voting choices.
We love breaking news from you 🎉
Thank you for all the support! And thank you for getting here so early!
They just can't stop lying can they Brian? Thank you for the concise breakdown and honest takeaway.
LMFAO someone needs to tell the government we live in the age of information. Hoping to drop things from your calculations to make the numbers fit and have no one notices? Those years are over. What a bunch of jokers
How are those years over? They will just keep doing it because there is no consequences, no accountability. Meanwhile, we are the ones paying them to do it.
@@lz2012 this is an underrated comment
Boomers in office and government. Wait till millennials take over, things will change
they didn't drop coffee
They will monetize the debt
When this man speaks, I listen.
Thank you for providing us with the best info without all the filler & fluff
It's my pleasure Deb! Thank you for all the support!
Just last few weeks grocery prices have gone up even more we pretty much buy the same stuff so why lately has our bill gone up again by 70 to 80 dollars shit is getting ridiculous
We are getting hours cut and has been happening since February . Big company across from my neighborhood just layoff of 34 people and slashed hours. No prices are not coming down and are still going up on everything. And stock market is just shy of 40.000 makes zero sense . Something is way off .
I could type exactly how I feel about the Fed but I'd rather not offend and get my comment deleted. 😠 😡 😤 🤬
I won't delete it but CZcams's auto-filter might flag and hold it.
We are going moon@@clearvaluetax9382
Cunts. That's my word choice.
@@clearvaluetax9382here here
CZcams is shit. Most likely will get this comment deleted cause they're bunch of sensitive ninnies
Tnx for keeping us informed Brian
Hi Qdood! Happy Wednesday!! I hope you have an excellent day today!
I applied for a job 8 months ago and they finally got back to me. Just to say there weren’t any positions available. Fast forward 6 months, they got back to me and said that they wanted to hire me for that position.
The job market is nowhere near what they say it is on the media.
Inflation feels like its at 10% thus far this year. The federal reserve is cooking the books.
The lying is in so many aspects of America it is maddening. I know many people who have lost their jobs, difficult to find new ones. Food continues to rise, well everything continues to rise. Apparently it has not gotten bad enough for most people to demand a change, so wait for it and good luck. Grow your own food everyone, I started at the beginning of the Big C and things are starting to flourish now. You need to take care of yourself, no one is going to.
The part about growing food to save money doesn't always work. Produce is pretty cheap but the expensive stuff is like meat, dairy....I can't grow that.
prices rise but so do wages
Just bought a house and currently in escrow, it was enough to shut my loan officer down from trying to rip me off with 7.25% mortgage loan. Fck chase.
How ironic that the 'coffee shortage' and coffee price explosion has led😂 to coffee house explosion
One of my wife’s friends who works in tech was laid off four months ago and has been actively looking for a job the whole time, she can’t find a job that pays her anywhere near what she was making. That said, there’s no way that you can consider the books accurate when you are manipulating the inputs. Try that on your taxes and see what happens!
Our grocery store started a points program towards free fresh produce, each time you buy groceries, they give you so many points towards fresh fruits and veggies. This program JUST started and we already earned over $20 in free produce. So for the stores to start doing this, Take a guess what people HAVENT been buying..Fresh produce.
Tnx for keeping us informed Brian.
Employers are staging fake job openings, because they keep telling their over worked employees
(doing 2 people's jobs) that more help is coming soon so employees doesn't get to angry --- but there isn't really new job openings or offerings and they have no intention on hiring nore help (staging)
..... Excluding automobiles..... Excluding housing and oil.... Excluding eggs and meat......excluding everything that is going up too fast.
Use the vehicle is done - 7% they claimed
Moral of the story: We are screwed!
Could have told you that back in January.
Yes very screwed. My condolences to my fellow Americans. I am gong back to my country of birth, where the economy is booming .
So preventable. We are all screwed. No other way to pit it.
Mom and pops restaurants are down! Rich are wealthy and poor are homeless! High end $$$$ seafood steak restaurants are packed!
How to lower inflation? Just remove inflated items from the calculation...
Like which item removed?
@@tongtongwang food
Energy!
@@tongtongwang he said coffee in the video
Maybe housing as well
Now wait for the bad news...the adjustment.
The prices of EVERYTHING are absolutely ridiculous!
Omitting food and energy is duplicitous.
Reports without:
Homes
Cars
Energy
Food
Gas
Are false reports and are not worth even debating
When Brian talks, I listen. Thanks!
Rent is unreal, and so is camping!!! I have to boondock in my vehicle. Im 64, not broke, but conserving my money as much as possible!
Boondocking in your car will soon be the new normal.
Whoever put that report together hasn’t been to McDonald’s in a while.
Who in their right mind goes to McDonalds's to begin with?
@@DJSolistica
ur Mom
❤❤
@@DJSolistica I use the chicken nuggy deal with the 2 free medium fries and 20 nuggets for 6$.
I think they should have to show their work like we all did back in high school when they calculate all this magic. I wanna see the actual equations and how they arrived at their numbers.
I have another job market anecdote;
I work for a Tesla. The offical "10%" headcount reduction has already exceeded 20% of all employees by our best estimation. Theres been weekly fresh cuts and the layoffs are still ongoing. Not a single one of my cohort that has been laid off has an offer for a similar role that I am aware of.
I’ve been commenting on several of your posts about the construction industry; it’s very slow. There are thousands of electricians looking for work in Southern California, and other trades are also seeing the end to their work if they haven’t already.
That’s because all trade jobs typically go up with inflation since many are considered essential services; plumbers, electricians, repairmen etc. Now they have priced themselves right out of the market.
My deodorant Degree was was 4.35 four months ago. Today the same deodorant is 7.50. Not making this up inflation is just getting worse. I honestly believe we haven’t seen the worse yet.
😮
Thank you for the update
It's my pleasure and thank you for all the support PapaKryptoss!
FJB
JB doesn't have anything to do with the fed dumbass
Brandon builds back better
FDJT, MAGA 🤡
Juck Foe Biden.
We're circling the drain folks.
And we haven't even gone into the pipe yet!
I thought the government works for us?? Why are we allowing this to keep happening??
Because v i o l e n c e is the only way to fix this and you aren’t willing to go there.
Some people like earning 5% in the bank. So tired of this rate cutting BS. Copper prices are spiking, inflation is going nowhere.
Great info as always - thank you for delivering it straight down the middle without any crazy spins. Best wishes everyone
Thank you for your insight on the CPI data coming out today. I value your videos everyday or when you put them out. They are valuable and easy to understand the methods how this information is compiled. I look forward to your videos full of pertinent information.
As always Brian thanks
It's always great to see you Shawnstar! I still remember you from years back! I appreciate all the support!
Thank you, I always look forward to your updates.
They say food prices are up 2.2 percent... what a croc of sh$$. Most prices of even the most basic food (bread, eggs, ect) have over doubled.
Thank you Brian for the update and all your hard work, blessings
I see your new videos, I click immediately. Great updates! Thank you.
Thank you for all the support Ken! I appreciate it very much!
I dont see the inflation going down at the grocery store and the packages are smaller too
Thanks Brian! Appreciate all you do.
I work for the state and I'm in the middle of the seniority totem and I'm really scared of losing my job soon because it feels like our state is running out of money.
if it was any other time period people would be in the streets fighting the system.
If you think they're going to even have one rate cut this year... You're wrong
Thanks for this update. All your hard work will be blessed.
As the labor worker myself, tell your friends not to be too discouraged. When inflation and bad management happens on a logistics level or on a financed level, no one can afford to hire anyone to do manual labor. Take this time to reflect upon those goals as far as education and realize it for every setback there's a setup. Best wishes!
Been waiting on this! Love your channel
Thank you for your patience Alibii! I tried to get this out as soon as possible.
Love don’t pay the rent tho
3.4 my arse. Inflation is fine as long as you remove food, gas, housing, utilities, energy and air from it. I hope the feds don’t lower rates, the lack of no-cost VC finally has many in the tech sector being semi-sane on financials.
These numbers are bull, absolute BS.
How ‘bout ‘shrinkflation’, I paid $6.99 for a bag of onions at Costco yesterday, same price as 2 years ago, but the bag is HALF the size.
Means my S S raise will be 2% when should be 6 or more
😳
Do you really need onions? Go-to the dollar twenty five store and get some in powder form
Onions are super- easy to grow! Or try some chives in an indoor window box.
I just came here to say thank you Brian for keeping us up to date.
DONT forget, inflation is compounding, 3.4 is horrendous
Food Inflation they’re trying to say it’s the grocery stores
FJB !!!!!!!!
That’s why Im voting for Bernie sanders!!!
Dwayne Elizondo Mountain Dew Herbert Camacho
@@chrisakachris5674socialism kills
6:17 @@chrisakachris5674You just flushed your vote down the toilet 😂
@@tockpro105like voting matters. Lol.
The price of gas 2 days ago in California was over $5.00. I don't see how anyone would think we are going to get inflation down without addressing gas prices.
Thanks for update Brian hope you are doing well buddy
Somebody it's lying. They don't want to cut interest rates. Cause it makes corporations make more money off of us
Corporations suffer from high interest rates. The average consumer can't afford anything which means they aren't making money.
tell me you don't understand interest rates without telling me you don't understand interest rates
Uhh if they cut interest rates, we’ll be dealing with more inflation lol
Bro, they want to cut interest rates. They don't want to raise rates.
Think CZcams Commenter, think!
Like you said a year ago Brian inflations gonna get “sticky” at 3.5% and that’s where it’ll stay for YEARS. Plan accordingly
Yeah at the fake "3.5, which in real life is more like 15 to 25%
I am Canadian but have lived in Miami and my Brother is born in US , I know we need each other as countries, thank you for your info trust is greatly thank you .
Always the facts , then the opinion . Great presentation as usual
Food in my area goes up 2% every couple months
Happy Wednesday and thank you Brian 😊
Happy Wednesday Malgosiak!
great catch and thanks for letting all of us know how flaw the reports have been.
Thank you again Brain for the update!
And don’t forget property taxes has went up 200-400%
Happy Wednesday Brian! Have a wonderful day! 🌻
Happy Wednesday Rose Bloom! I wish you a wonderful day!
As always, Thank you!
Anyone who does their own grocery shopping knows food is up way more than 2%. That's why some call it the CPI lie 🤥
❤thanks for your honesty ❤
Thank you, Brian!
Thank you for all the support! I appreciate it so much!
Thank you for all that you do! Such a great source of truth
Thanks for info. Crazy how they change calculations.