Rules of Inflation | Trappin Tuesday's (Wallstreet Trapper)
Trappin Tuesday's
Wallstreet Looks Like Us Now Network
4.9 • 2K Ratings
🗓️ 7 October 2022
⏱️ 9 minutes
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| 0:00.0 | And then. |
| 0:01.0 | The So this what inflation looks like around the world man |
| 0:17.6 | inflation in the United States is 8.3% man that's a 40 year high. It hasn't been like that since the Reagan error. |
| 0:28.6 | Since 82. It hasn't been like that since the Reagan era. |
| 0:34.0 | Let's take that in. |
| 0:37.0 | What happened in the Reagan era? |
| 0:40.0 | A million people took off welfare. |
| 0:44.0 | Half a million people took off food stamps. |
| 0:49.0 | Another million people lost jobs. |
| 0:52.0 | Another half a million people got put out of community service community colleges and |
| 0:59.0 | child care for kids a billion and a half a million people kids got put out of the first head start programs under the |
| 1:10.7 | Reagan era in 1982 the year I was born, |
| 1:16.4 | one of the most harsh economic wences we ever had. |
| 1:21.3 | 65 tons of cocaine entered the United States of America in 85. |
| 1:27.0 | So Germany, 74 percent, 41 year high. |
| 1:31.0 | Russia, 16.7 percent, 7 year high, South Korea at a 13 year high, UK 30 year high, Ukraine, 5 year high, China, |
| 1:42.1 | 2 year high, Japan, 6 year high China 2 year high Japan 6 year high Italy |
| 1:44.8 | 31 year high India 8 year high Indonesia 4 year high Brazil 19 year high turkey 20 year high, and the Philippines is at a 3.6 year high. Let me tell y'all how we got here. |
| 2:00.0 | In the pandemic, in the pandemic pandemic the market should have crashed. |
| 2:11.0 | The market didn't crash. |
| 2:12.0 | What did they do? They doubled down on printing money. |
| 2:16.5 | And when they doubled down, when they kept putting that money out there, when they |
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