Hello fellow Rebel capitalists hope you're well so the brand new

CPI data is out and well I'm gonna leave a little cliffhanger there let's get

right over to see NBC and check out. We do the screen share and all right

ready to rock and roll over to see and be see inflation rose just 0.2% in June. Remember that's month over month less than

expected as consumers get a break from price increases. Key talking point

consumer price index rose 0.2% in June and was up 3% from a year ago.

So month over month, 0.2, year over year, 3%.

This is really no surprise, especially been watching this channel.

In fact, I was doing videos yesterday saying that it most likely be right around 3%.

And for the last, probably, I don't know, nine months or so we've been talking about how we would likely see disinflation.

That doesn't mean deflation, doesn't mean prices are going lower, but it just means prices are increasing at a slower pace.

And if you go back a year, when the month over month number was 1.2%,

we talked about this June 2022,

if you would have suggested, and I know this well, We talked about this June 2022.

If you would have suggested, and I know this well,

because I did a couple of whiteboard videos

and talked on this channel

about inflation, having disinflation. And oh my goshosh I got my head ripped off people were telling me that I was

crazy where George you don't know what you're talking about you've lost the plot this

time I used to like you but now I don't.

You know my good buddy rich Cooper said it perfectly and the more I do

YouTube and social media the more I realize how true this is.

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