Inflation is over 7%. Is that as bad as it sounds?

Money Rehab with Nicole Lapin

Money News Network

Education, Self-improvement, Business

4.6 • 1.7K Ratings

🗓️ 10 March 2022

⏱️ 11 minutes

🔗️ Recording | iTunes | RSS

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Summary

You’ve probably seen the headlines that inflation is over 7% for the first time in decades. Is that… terrible? Today, Nicole shares what this actually means for you, your bottom line, and how to deal. See omnystudio.com/listener for privacy information.

Transcript

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0:00.0	Hey guys, are you ready for some money rehab?
0:05.0	Wall Street has been completely upended by an unlikely player. Game stop.
0:08.7	That's a good one.
0:09.7	Dean and should I have a 401k because then I don't do it?
0:12.5	No, I know.
0:14.1	I don't think the whole world will walk around you on your money.
0:17.6	What a dumb shit.
0:19.7	Charge for wasting our time.
0:22.9	I will take a check.
0:24.9	I don't want to get mad.
0:27.2	You recognize her from anchoring on CNN, CNBC, and Bloomberg.
0:31.9	The only financial expert you don't need a dictionary to understand.
0:36.2	The cold lap in.
0:38.2	Today is going to be one of those days where we break down the headlines.
0:41.9	And here is one that has spread like crazy.
0:45.3	Inflation hits 7.5% for the first time in decades.
0:50.4	Today's money rehab or saw that headline.
0:52.8	Here she is.
0:53.8	Painful. My name is Rachel and even though I'm studying econ, I am confused about the
0:59.3	latest headlines around inflation.
1:01.5	Over 7% inflation sounds insane.
1:04.1	Has it ever been this bad?
	...

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