News: Retail Sales Skyrocket!! Is The Economy Booming?
Rebel Capitalist News
George Gammon
4.7 • 1.1K Ratings
🗓️ 16 February 2023
⏱️ 13 minutes
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| 0:00.0 | Hello fellow Rebel capitalists hope you're well so we got the retail sales just out and it exploded |
| 0:08.3 | higher an incredible number that shocks Wall Street up 3% for the month. |
| 0:15.0 | It was a huge number. |
| 0:16.4 | Is it adjusted for inflation? |
| 0:17.8 | No, but it's up more than the month over month inflation. |
| 0:21.7 | You believe the government's numbers. |
| 0:23.1 | But let's get into this and try to answer the question |
| 0:27.4 | or figure out what's going on and then answer the question. |
| 0:30.3 | Does this mean the economy's booming? |
| 0:32.6 | Maybe we're not going into a recession. |
| 0:34.8 | Maybe we're going to the most incredible economic growth in human history. |
| 0:40.3 | Which is I guarantee what Donald Trump would be saying if he was in office right now. |
| 0:45.0 | But let's get into this article from C. M.C. Check it out. |
| 0:50.0 | Retail sales jump 3% in January smashing expectations despite inflation increase. |
| 0:59.0 | These people are losing purchasing power, |
| 1:01.0 | weights aren't going up with inflation. |
| 1:03.0 | Oil, boy, they are going out and spending money like it's going out of style. |
| 1:09.0 | Running up that credit card. |
| 1:11.0 | Or, maybe not. Maybe they're taking their additional income or who |
| 1:16.4 | know maybe this purchasing power is just going to be indefinite maybe people just got |
| 1:21.0 | rich because of the survey says sickness and they're just going to stay rich forever. |
| 1:25.7 | Maybe we figured out how to create wealth without creating any more goods and services. |
... |
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