meta_pixel
Tapesearch Logo
Log in
Valuetainment

Did The U.S. Government Just Manipulate The Inflation Rate?

Valuetainment

Valuetainment Episodes

Business

4.81.7K Ratings

🗓️ 26 April 2023

⏱️ 8 minutes

🧾️ Download transcript

Summary

Did the U.S. Government just manipulate the inflation rate? In this episode, Patrick Bet-David discusses the consequences of high inflation rates and how they affect you as a consumer. As a special offer our PBD listeners receive free access to Fund&Grow’s Business Funding Masterclass: 5 Steps to Securing $250,000 in Business Credit. Click on the link: http://www.fundandgrow.com/pbd for this amazing opportunity today. Fund&Grow is also extending a special $500 discount for all Valuetainment subscribers! FaceTime or Ask Patrick any questions on https://minnect.com/ Recommended video: The Danger of Inflation For The Future Of America: https://youtu.be/zC5xKznGtX0 Subscribe to our channel: http://bit.ly/2aPEwD4 To reach the Valuetainment team, you can email: info@valuetainment.com

Transcript

Click on a timestamp to play from that location

0:00.0

So a lot of people are concerned, confused and wondering what the hell is going on with inflation because they're saying inflation is going lower, but just in Q1, they announced 270,000 job cuts by US employers up 396% above last year,

0:17.0

same time, five times more. The last time we had something like this, if you take out COVID was 2009, yet people are starting to realize just this year two or three months ago.

0:27.0

They changed something in the Bureau Labor Statistics on the way they measure inflation and people are starting to realize why they did it.

0:34.0

To not get people to be concerned, wait till you see some of this data in today's episode.

0:38.0

I want to give a quick shout out to our sponsor, Fund & Grow. The reason why we decided to team up with these folks is because during times like this when we talked to a lot of small business owners, banks are tight, they're not lending to everybody, they're only giving it to the best of the best, a lot of small business owners today.

0:59.0

They need a little bit more financing. Yes, I'm talking to a guy who are at their last $100,000. They don't know what they're going to be doing, the banks not giving them anything.

1:07.0

They have the upside of building a business, but they can't find that money. A place like Fund & Grow can help businesses like that. If that's you, this is somebody you may want to consider.

1:15.0

They give up to $250,000. The line of credit was 0% interest rate and not having to give up any of your equity.

1:20.0

These guys got 4,000 plus reviews at 4.9 stars, so it's a lot of different people that have done business with them.

1:25.0

As a special offer of right, team and listeners receive free access to Fund & Grow's Business Funding Masterclass.

1:30.0

Five steps to securing $250,000 in business credit. Click on the link below for this amazing opportunity to go to Fund & Grow.com forward slash PBD.

1:38.0

So if you get value from the video, give it a thumbs up and subscribe to the channel.

1:41.0

So they're telling us inflation today is 6.5%, give or take. Yeah, inflation is fine, it's 6.5%.

1:46.0

It's not really as bad as you think it is. And a lot of people are confused saying, how is that even possible?

1:51.0

Because chickens up 10.5%, butter is up 26%, milk is up 50%, egg 170% in certain markets.

1:59.0

Coffee 13%, baby food 10%, rice and pasta 15%, bread 15%, how is it possible if all of these things are up the way they are for you to say inflation is only up 6.5%.

2:10.0

Yet if you go to the official versus the shadow stats of how we used to measure inflation, you will notice if you look at the blue versus the red, the red shows that inflation is only 6.5%.

2:22.0

But blue, the top shows were somewhere between 13% to 14% inflation.

2:27.0

But this isn't the only thing that you have to see what happened.

2:30.0

Just this year if you're going to BLS website, US Bureau of Labor Statistics, they announced something very quietly.

2:35.0

I don't know if you heard about it or not. Matter of fact, I'd love to know if you heard about it if you did comment below.

2:40.0

It said, beginning with the January 2023 index schedule for publication of February 14, 2023, BLS plans to update the spending weights in the calculation of the CPI every year instead of every two years.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Valuetainment Episodes, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Valuetainment Episodes and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.