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Motley Fool Answers

Inflation Conflagration! Also, Bitcoin

Motley Fool Answers

The Motley Fool

Taxes, Saving, Money, Investing, Planning, Retirement, Personalfinance, Finance, Education, Business

4.4 β€’ 823 Ratings

πŸ—“οΈ 16 November 2021

⏱️ 29 minutes

🧾️ Download transcript

Summary

Alison asks Bro 10 burning questions about inflation, including why it's so high, is it worse in the U.S., and what can be done about it β€” both nationally and in your portfolio. And Fool analyst Aaron Bush answers a listener question about choosing the new Bitcoin futures ETF over actual Bitcoin.

Transcript

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0:00.0

This is Motley Full Answers. I'm Alison Southwick and I'm joined by Rebertsin, Brokampson,

0:08.4

personal finance expert here at the Motley Fool. This week, all anyone can talk about is

0:13.0

inflation. And that's us too. All that and Bitcoin on this week's episode of Motleyful

0:19.4

Answers.

0:26.4

What's everyone's aberration fixation, causing consternation and an inflammation of economist contemplation as we consult the CPI fluctuations and supply chain limitations for causation?

0:33.2

It's inflation.

0:34.9

But what does that mean for your allocation and financial vexation? Will it all

0:39.2

result in devastation? Calm your palpitations because bro is here with his ruminations.

0:45.8

Woo! One take! Yes! I have a few sometimes embarrassingly simple questions about inflation, and luckily I have a bro

0:55.2

to deliver me some answers. Last week, inflation concerns hit a fever pitch as the Bureau of Labor

1:01.0

Statistics announced that the Consumer Price Index rose 6.2% in October. Now, let's be clear that

1:06.6

6.2% compared to the previous year, not 6.2% over the month. But this is still the largest

1:12.5

rise in three decades. Side note, the older I get, the less outrageous three decades

1:17.6

sounds. Like the 90s were not that long ago. I mean, tell me something hasn't happened since the

1:23.1

70s and I'm going to sit up. But the 90s, I mean, oh, man, bro, is Nirvana considered oldies now?

1:31.1

I sure is helicopter hope not. Oh, geez. Anyway, all right, I have questions. I can depend on you,

1:36.3

bro, for answers. So let's get into it, shall we? Let's do it. All right, here we go. Remember how I said

1:42.0

some of the questions were going to be a bit embarrassing?

1:44.7

So what is inflation? Well, inflation basically is the rise in the prices of goods and services

1:52.8

offered for sale. Now, given that there are hundreds of millions of things and services

1:57.7

you can buy nowadays, measuring it can be a little challenging and

2:02.1

frankly somewhat debatable. The federal government attempts to measure inflation via two primary

...

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