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Rebel Capitalist News

News: Headline Inflation Drops In Europe...Is The US Next?

Rebel Capitalist News

George Gammon

Business, Investing

4.71.1K Ratings

🗓️ 2 July 2024

⏱️ 18 minutes

🧾️ Download transcript

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Transcript

Click on a timestamp to play from that location

0:00.0

Hello, fellow Rebel Capitals hope you're well.

0:02.6

So we've got some huge news out of Europe, which begs the question, is the United States next?

0:11.2

Let's shoot right over to see NBC and you'll see exactly what I am referring to.

0:16.8

Here we go, Eurozone inflation eases,

0:20.2

that's one way to say it,

0:21.4

at 2.5%. that's one way to say it. Two point five percent as corporate

0:26.8

Mrs. Estimate.

0:28.0

Another thing that I want to point out is the feds

0:33.4

assumed target

0:35.4

is two percent now what that's not a scientific number they just

0:39.8

that's a total random number they try to make you believe is scientific but this is the

0:46.4

narrative they're trying to push well we've got to get inflation down to 2% 2% 2%

0:50.7

and then what and then what? That's somehow the Goldilocks economy. Somehow we're going to be

0:57.2

running on all eight cylinders then. I mean, this is just, it's complete nonsense. nonsense and really if you think about what they try to get you to believe

1:06.3

is that all the fact that they try to get you to believe this and the fact that they assume you'll buy into this is in my opinion it's

1:17.3

condescending it's disrespectful it's treating you as though you were a child we

1:21.8

understand they do that but But the point is, if we

1:24.8

start to see the inflation numbers in the United States doing the exact same thing,

1:28.7

where they're surprising to the downside, this is going to shift the narrative to where, oh, now all of a

1:36.4

sudden the Fed's definitely going to cut rates this year, they're going to cut by three times,

1:40.6

four times, five times.

1:42.3

Now, I'm not saying it's going to work.

...

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