What Will Happen If the United States Hits 100% Inflation

Поділитися
Вставка
  • Опубліковано 27 вер 2024
  • We've all seen gas prices climb to insane amounts, but is this just the beginning? Check out today's insane new video to look at what the US would be like if it hit 100% inflation rates! Could this terrifying scenario happen? Watch and find out!
    🔔 SUBSCRIBE TO THE INFOGRAPHICS SHOW ► www.youtube.co...
    🔖 MY SOCIAL PAGES
    TikTok ► / theinfographicsshow
    Discord ► / discord
    Facebook ► / theinfographicsshow
    Twitter ► / theinfoshow
    💭 Find more interesting stuff on:
    www.theinfogra...
    📝 SOURCES:pastebin.com/z...
    All videos are based on publicly available information unless otherwise noted.

КОМЕНТАРІ • 919

  • @JulianMael-us2bx
    @JulianMael-us2bx Рік тому +722

    Another reason it's less likely to happen that way is that there is already too much demand waiting to absorb that regardless of how everyone is panicking and calling the crash. Nobody was making this prediction in 2008, at least not the general public, as I indicated below. In the other comment, it was mentioned that the ownership rate peaked in 2004. As of today, we are at the median level, having previously peaked in the second quarter of 2020. It decreased by 3% over 4 years, from 2008 to 2012, going from 68 to 65 in the second quarter of 2020.

    • @SophiaChristian-so2of
      @SophiaChristian-so2of Рік тому +3

      Most people are unable to handle a fall since they are accustomed to bull markets, but if you know where to look and how to get around, you can profit handsomely. It depends on your entry and exit strategy.

    • @MarkFreeman-xi3rk
      @MarkFreeman-xi3rk Рік тому +3

      I agree; for more than 17 months, I have maintained a regular line of communication with a financial advisor. I do recall that, in the wake of a long divorce, I needed motivation to keep my firm afloat. Researching licensing consultants-also referred to as portfolio coaches by some-was my goal.

    • @cythiahan8455
      @cythiahan8455 Рік тому +3

      @@MarkFreeman-xi3rk I require suggestions on how to restore my portfolio and create more effective strategies in light of the huge declines. Where can I locate this instructor?

    • @MarkFreeman-xi3rk
      @MarkFreeman-xi3rk Рік тому +2

      Thanks to my instructor Margaret Johnson Arndt I was better able to understand profit generating. You may get in touch with her by looking her up online and visiting her page. She is a certified financial advisor with the US SEC, and I have great faith in her

    • @AntonioBianh
      @AntonioBianh Рік тому +1

      Margaret Johnson Arndt really seem to know her stuff. I found her website, read through her resume, educational background, qualifications and it was really impressive. She is a fiduciary who will act in my best interest. So, I booked a session with her.

  • @toivoni4221
    @toivoni4221 Рік тому +75

    Him: what if 100% inflation?
    Germany in 1921-1923: first time?

    • @cfltheman
      @cfltheman Рік тому +7

      Venezuela and Zimbabwe: Welcome to the club.

    • @travisarthur3250
      @travisarthur3250 Рік тому +3

      In reality, we won't see 100% inflation here, people who cite Venezuela and Zimbabwe have a very poor understanding of world politics and economics and can't see that the circumstances there differ substantially.

    • @tonywixon5868
      @tonywixon5868 Рік тому

      Hyper inflation in Germany during the the 20's is a good capsule. The cause of Germany's inflation then was a result of the allies pushing Germany to pay their full cost of fighting WW1. Then the depression, which hit Germany harder than many of the other countries.

  • @kevinmarten
    @kevinmarten Рік тому +268

    As recession fears mount on Wall Street and inflation remains well above the Fed's 2% target, some of the top commentators in markets, business, and economics have been sounding off on just how bad they think the next downturn might be - and how far stocks may have to fall. I need ideas and advice on what investments to make to set myself up for retirement, my goal is to have a portfolio of at least $850k at the age of 60.

    • @martingiavarini
      @martingiavarini Рік тому +3

      Since the crash, I've been in the red. I’m playing the long term game, so I'm not too worried but Jim Cramer mentioned there are still a lot of great opportunities, though stocks has been down a lot. I also heard news of a guy that made $250k from about $110k since the crash and I would really look to know how to go about this.

    • @Oly_laura
      @Oly_laura Рік тому +3

      There are actually a lot of ways to make high yields in a crisis, but such trades are best done under the supervision of Financial advisor.

    • @lipglosskitten2610
      @lipglosskitten2610 Рік тому +2

      Thats true, I've been getting assisted by a FA for almost a year now, I started out with less than $200K and I'm just $19,000 short of half a million in profit.

    • @martingiavarini
      @martingiavarini Рік тому +2

      @@lipglosskitten2610 Impressive can you share more info?

    • @lipglosskitten2610
      @lipglosskitten2610 Рік тому +2

      @@martingiavarini Big Credits to 'Christine Jane Mcleanshe has a web presence, so you can simply search for, there are some others but it might be difficult to get them, but Christine as been a good guide through the year.

  • @editcollectors
    @editcollectors Рік тому +606

    I'd be broke asf

    • @seanhayes5853
      @seanhayes5853 Рік тому +102

      I’m already broke asf tho

    • @n0wsinn
      @n0wsinn Рік тому +12

      from broke af to broke asf

    • @ck9363
      @ck9363 Рік тому +8

      @15 Hours ago It doesn't matter. Every dollar is a debt note. For every dollar in your account, that's how far in debt you are.
      Inflation is a hidden tax, on interest, on the "national debt" "loans" that mathematically can never be paid back. If one tolerates this, then they deserve what they get. Which will not be pretty. And its here.

    • @piplupdabest
      @piplupdabest Рік тому

      @@seanhayes5853 you would be more broke

    • @ADHD_Lothario
      @ADHD_Lothario Рік тому +1

      @@seanhayes5853 yeah I’m already broke

  • @322dawgg
    @322dawgg 11 місяців тому +52

    To combat the negative effect of inflation, it’s a good idea to diversify your portfolio across different asset classes, such as stocks, bonds, and real estate, since this can help protect your portfolio against inflation. I’ve heard testimonies of people accruing over $550k during recessions

    • @user-3456rtu
      @user-3456rtu 11 місяців тому +2

      Due to the ongoing war between Israel and Palestine, the stock market is a huge mess right now, I will suggest you get a Financial Advisor.

    • @Upscreen6542
      @Upscreen6542 11 місяців тому +1

      Yes true, I have been in touch with a financial advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.

    • @Scylla-456t
      @Scylla-456t 11 місяців тому +2

      this is quite huge ! much more info needed please, what did you invest in ?

    • @Upscreen6542
      @Upscreen6542 11 місяців тому +4

      Nicole Desiree Simon is the advisor that oversees my portfolio, she's an extremely intelligent person, very thoughtful, cautious, and has a great deal of expertise, it's easy to find her on the internet.

    • @Scylla-456t
      @Scylla-456t 11 місяців тому

      She appears to be a true authority in her profession with over a decade of experience. I looked her up on the internet and skimmed through her site, very professional.. already sent her an inquiry hoping for a response soon..

  • @350zcoug
    @350zcoug Рік тому +62

    I remember when candy bars were only 35 cents, a pack of smokes was $1.50, and gas was under $1. Sure miss those times.

    • @sdrawkcabshitdaer5031
      @sdrawkcabshitdaer5031 Рік тому

      How much was the minimum hourly wage?

    • @travisledford6633
      @travisledford6633 Рік тому

      @@sdrawkcabshitdaer5031 $5

    • @DareToBeDeviant
      @DareToBeDeviant Рік тому +1

      @@sdrawkcabshitdaer5031 Keep in mind the dollar was able to be stretched further. Burgers were bigger and could be found for 40¢. Even up to the 1990s they were cheap as dirt especially from McDonald's during their 10 for $2.50 (or with cheese 10/$3.50) summer promotions.

    • @mapes2572
      @mapes2572 Рік тому +1

      that werent times it were rich insane rich countries

    • @tonywixon5868
      @tonywixon5868 Рік тому

      When I was a young child a candy bar in general was still .05. This was 1962-4, in 2010 that cost was about .75. now, just 12 year later that same candy bar is $1.25+. When I first started driving fuel was around.40 a gallon, mid 70's. Now look at it. Enjoy your weekend.

  • @BobbyCoolBreeze
    @BobbyCoolBreeze Рік тому +5

    Labor rates and salaries will have to rise also. If I can’t afford anything I’ll stop working cause it won’t make any difference and plenty more will also. Economic collapse.

  • @playersoftheworldcomrade1631
    @playersoftheworldcomrade1631 Рік тому +191

    I love how his channel is inflating our minds with his videos

    • @nicklee8160
      @nicklee8160 Рік тому +4

      That’s a good kind of inflation.

    • @funveeable
      @funveeable Рік тому +3

      Actually the video tells us what we already know, inflation ruins the lives of everyone, but explicitly covers up the reasons behind by mixing it with a bunch of other symptoms. Inflation is caused by printing money and only by printing money. None of the other symptoms would occur if the money supply was fixed.

    • @kingpinconnor4973
      @kingpinconnor4973 Рік тому

      @@funveeable no its also caused by a lack of confidence in currency

    • @iheartoofs
      @iheartoofs Рік тому +1

      eDiT: thaNKS fOr alL tHE lIKes gUYs

    • @gort8687
      @gort8687 Рік тому

      its a corporation bro

  • @Patriciacraig599
    @Patriciacraig599 Рік тому +148

    I’m confident the current market has an equal possibility of making high-value gains or losses, so I'm cautious with my selections; but, I heard that a trader made over $250k in this recession influenced market, and I could really need ideas on how to achieve similar profits.

    • @marianparker7502
      @marianparker7502 Рік тому +1

      You’re right! The current market might give opportunities to maximize profit within a short term, but in order to execute such strategy , you must be a skilled practitioner.

    • @Natalieneptune469
      @Natalieneptune469 Рік тому +2

      @@marianparker7502 Having an investment adviser is the best way to go about the market right now, especially for near retirees, I've been in touch with a coach for awhile now mostly cause I lack the depth knowledge and mental fortitude to deal with these recurring market conditions, I nettd over $220K during this dip, that made it clear there's more to the market that we avg joes don't know.

    • @mesutserim1595
      @mesutserim1595 Рік тому

      @@Natalieneptune469 that's impressive!, I could really use the expertise of this advisors , my portfolio has been down bad....who’s the person guiding you.

    • @Natalieneptune469
      @Natalieneptune469 Рік тому +3

      @@mesutserim1595 The advisor I use is Corinne Cecilia Heaney, she's verifiable , so you could just search her.

    • @mesutserim1595
      @mesutserim1595 Рік тому +1

      @@Natalieneptune469 I looked up Corinne using her full name and found her web-page, read through her resume, educational background, qualifications and it was really impressive. She is a fiduciary who will act in my best interest. So, I sent a message and hopefully she responds soon.

  • @TheAllRounderMemes
    @TheAllRounderMemes Рік тому +7

    if the us had 100% inflation, things would be 100% more expensive

  • @plentyofpaper
    @plentyofpaper Рік тому +20

    Zimbabwe had a huge hyperinflation problem, and actually printed a $100 trillion bill.
    I purchased one years ago for about $6, and had a plan.
    I worked at a Subway, and I knew on rare occasions, if I pick my wording carefully, I could prompt a cheeky customer to say a very specific line.
    A few months later, the moment comes:
    "What would you like today?"
    "I'd like a million dollars."
    I then pull the $100 trillion bill out of my pocket.
    "Do you have change for $100 trillion?"
    The high point of my food service career.

    • @mistermeltz
      @mistermeltz Рік тому

      I'll take 'Things That Never Happened' for a trillion, Alex!

  • @Disques13Swing
    @Disques13Swing Рік тому +54

    When I was a grade schooler, most candy bars cost a nickel and the 'premium' bars were a dime. In the mid-60's both went up at the same time and prices went up by the the same amount.

    • @genehunsinger3981
      @genehunsinger3981 Рік тому +1

      BFD

    • @marsbarr5853
      @marsbarr5853 Рік тому

      How much is a nickel and dime
      Im not american and i dont feel like googling it

    • @hornback86
      @hornback86 Рік тому +3

      @@genehunsinger3981 $0.05 and $0.10 respectively.

    • @ElCocoNo_
      @ElCocoNo_ Рік тому +4

      Were you born in the 20’s? Sheesh

    • @kirkmorrison6131
      @kirkmorrison6131 Рік тому +2

      Yep, I got candy bars as a kid for about a nickel or a dime until around 63 if I remember correctly. I was born during Ike's second term

  • @djwolfdragon3771
    @djwolfdragon3771 Рік тому +26

    “What a wonderful time to be alive”

    • @mate5347
      @mate5347 Рік тому

      This is an average oversimplified viewer

  • @taotaoliu2229
    @taotaoliu2229 Рік тому +58

    Trying to comprehend this is going to inflate my mind

  • @BelayaIvanka1
    @BelayaIvanka1 Рік тому +9

    Never say never. Historically there has never been a currency that hasn't failed.

  • @maplesyrup7959
    @maplesyrup7959 Рік тому +18

    A basic lecture of economics on the infographics show!
    This is a way to garner interest in it! 💵

    • @youtubeuser9090
      @youtubeuser9090 Рік тому +1

      This teaches me way more than school I sent some of the history ones to my social studies teacher and she actually let us watch them instead of class

    • @maplesyrup7959
      @maplesyrup7959 Рік тому

      @@youtubeuser9090 Haha 😅
      You struck gold bud! 👍
      Very nice of your teacher too!

  • @dimitarmargaritov
    @dimitarmargaritov Рік тому +8

    In the mid 90s the prices actually did change every hour in my country due to the hyperinflation that was taking place at the time.

  • @marineforlife859
    @marineforlife859 Рік тому +20

    I fear this next hit will be very hard, especially since we have been living on super low interest rates for over a decade. Please prepare slowly and early to ease the foreseen supply constraints. Peace and love yall

    • @1mol831
      @1mol831 Рік тому

      Hopefully US inflation will reach 1,000,000% inflation and we have massive natural disasters happen such that the entire country becomes scortched earth . Billionaires no more for the top 500, they would be finally down with all of us.

  • @MrBgreen88
    @MrBgreen88 Рік тому +60

    $4 in 2050? How about 2021??

    • @WisteriatheFirst
      @WisteriatheFirst Рік тому +6

      It was a what if question. It's not a real price. You know, it's 2022 that is why.

  • @danielitoi442
    @danielitoi442 Рік тому +66

    I am from Argentina and this is so fun to watch when they tried to explain other countries what it is like to live with 100% of inflation and we all have an MBA University degree on that matter LOL
    it hurts a lot but eventually you managed to survive somehow

    • @NyckLP
      @NyckLP Рік тому +8

      Nosotros ya tenemos internalizado el concepto de inflacion, creo que si algun dia no la tenemos, no vamos a saber que hacer jajajaja

    • @danielitoi442
      @danielitoi442 Рік тому +4

      @@NyckLP da vergüenza este país...

    • @anti-american1576
      @anti-american1576 Рік тому +1

      @@danielitoi442 biz ne yapalım aq?

    • @yusufgazi6484
      @yusufgazi6484 Рік тому

      @@anti-american1576 Öl

    • @ARES-zf5fz
      @ARES-zf5fz Рік тому

      @@danielitoi442 Yo amo Argentina

  • @SSD2024
    @SSD2024 Рік тому +5

    Thanos after 100% inflation: "This day extracts a heavy toll."

  • @Wizzybytes
    @Wizzybytes Рік тому +8

    It's sad that my own country🇳🇬 is heading to this level of inflation
    Currently at 20.75%
    💔💔💔

    • @thinkcat01
      @thinkcat01 Рік тому

      It is good because America will change President if inflation hit 100%. Trump will come back.

    • @yusufgazi6484
      @yusufgazi6484 Рік тому +1

      inmy own country it's 83.45%

    • @thinkcat01
      @thinkcat01 Рік тому

      @@yusufgazi6484 Which country are you in?

    • @yusufgazi6484
      @yusufgazi6484 Рік тому

      @@thinkcat01 Turkey (Turkiye)

  • @wanderlustandsparkle4395
    @wanderlustandsparkle4395 Рік тому +1

    In LA gas prices sometimes hits $10 a gallon. This is why preppers are right when they say stockpile what you use and to stop listening to the government when they tell you to not stockpile.

  • @RavenHusky14
    @RavenHusky14 Рік тому +12

    Gold is money. Everything else is credit.

    • @Checkered_Everything
      @Checkered_Everything Рік тому +1

      In a real crisis gold is useless and assets are money. Paid off homes, food, toilet paper, guns, ammo, medical supplies

  • @ForageGardener
    @ForageGardener Рік тому +4

    It already did. Between 2020 and 2021 and beyond.
    Prices are more than double what they were in 2019

  • @mr.wescottx7129
    @mr.wescottx7129 Рік тому +2

    Nowadays times are tough it seems with the US inflation for law biding Americans.

  • @aedanhickey5264
    @aedanhickey5264 Рік тому +4

    Is there a time in history where wages actually rise the same amount of inflation? Like I could see a 2% inflation and 2% increase in wage, but that’s about it.

  • @Eevcee
    @Eevcee Рік тому +3

    Reminder that the Trump administration gave out stimulus checks. This isn’t a partisan issue. And I’d say those checks are nothing compared to the effects of the supply chain disruptions in China cause by their zero COVID policy, the war in Ukraine, and most importantly the production caps set by OPEC for no reason other than profits.

  • @diversejoe617
    @diversejoe617 Рік тому +4

    Infographics: what if USA had an Inflation?
    Gas prices: *Allow me to introduce myself*

  • @interestinglife934
    @interestinglife934 Рік тому +2

    Times are hard indeed. So thats why I don't drink in bars. I drink outside

  • @Cgn_2610
    @Cgn_2610 Рік тому +19

    This guy's has answers to the universe I swear🤣

  • @SangoProductions213
    @SangoProductions213 Рік тому +2

    Not quite an accurate assessment of inflation. Because, left alone, productivity goes up. People get more skilled, new infrastructure is built, new factories are erected, etc. Which reduces the cost of the goods/services offered (per unit).
    There might be more demand for that good, and with it, there is a need to raise prices. But demand is a combination of two things: desire + capability.
    If the mansion costs 40,000,000 dollars, it doesn't really matter if the plebs desired it, they have no capability of bidding on the house, and thus don't affect the demand for it. But if, say, everyone was sent a check for 40,000,0000 dollars, suddenly there's the capability there to attempt to bid on the house, and with everyone bidding, the price will rise, and rise until people are back to being outside of the capability zone of it, wherein the price will stabilize once again (assuming there's any faith left in said currency).
    Same sort of thing with debt. Of people can borrow up to 10% of their yearly earnings, then nothing *really* changes. But if they can borrow 4 years worth of earnings, then, 9 times out of 10, they will spend 4 years worth of earnings. Even when that borrowing has costs (read: interest) and the earnings are not guaranteed.
    Which has the same inflationary effect as printing money and handing it out...except worse, because then, once that not-guaranteed-income stops coming in, they still need to pay 4 years worth of debt. There is no wiggle room left for cutting back and living off savings when the income dries up, because you spent money that you don't have.
    (Take notice of how closely housing markets follow mortgage rates, which are kept artificially low, which raises house prices. Also. More people coming into a country, getting massive loans for the same houses.... supply/demand. Obviously.)

  • @cmdr1911
    @cmdr1911 Рік тому +5

    The fact I currently have my debts locked in and have enough land to raise some animals and veggies. Have access to a gas well for free gas. Wouldn't be fun but would survive

    • @wariyoshidirector
      @wariyoshidirector Рік тому +1

      A gas well? You extract and process your own gas?

    • @cmdr1911
      @cmdr1911 Рік тому +3

      @@wariyoshidirector Around here the are refered to as Clinton wells. They were drilled in the 80's and the lease agreement gives free gas to the owner. Usually 2-3 mcf a day, the average house uses 1 MFC a day. You could convert a vehicle, any ford after 2003, or run a generator. There would be some impact of course but if we really wanted to we could weather it well. You can also drill a well. With 20 acres a poor well would still supply a house as long as you don't have sulfur. The Clinton wells are sweet gas and don't need processed for home use, but water needs taken out for compression

  • @DearGulley
    @DearGulley Рік тому +2

    It's always a bad time to become an adult, but to become an adult during the start of bad inflation and low wages.

  • @DareChimaera
    @DareChimaera Рік тому +8

    My dad is elderly. He tells me how he used to be able to buy a Chico stick for a nickel and now it’s a 1.50
    Edit: and apparently 2x the size

    • @sadetwizelve
      @sadetwizelve Рік тому

      He also made less per hour to balance it out

    • @TheAllSeeingEye2468
      @TheAllSeeingEye2468 Рік тому +1

      It's about 4 bucks where I'm at. New Hampshire

    • @Tambrose0405
      @Tambrose0405 Рік тому

      @@sadetwizelve them making less per hour is no longer an argument. The gap between how much they made and how much things cost for them is much smaller than the gap between how much we're paid today and how much things we're forced to pay for costs. They weren't forced to pay for health insurance, car insurance, and 300K homes that they paid 50K for. Although we have better quality of living, we're actually poorer financially than they were.

  • @nourelhoudatouzani9682
    @nourelhoudatouzani9682 Рік тому +1

    Yoo, luv ur content bro, Been watching for like 2 years.

  • @ChloekabanOfficial
    @ChloekabanOfficial Рік тому +3

    Thanks, I hate inflation now.

  • @SomeuserIhave
    @SomeuserIhave Рік тому +1

    When my candy bar goes from $1.00 to $200, this is the end

  • @jamesdorpinghaus3294
    @jamesdorpinghaus3294 Рік тому +3

    A holographic first gen Charizard is worth $55,000.00 depending on the grade.

  • @GamerMXM
    @GamerMXM Рік тому +1

    I'm in Missouri and the price for gas is the same

  • @Garcheezy
    @Garcheezy Рік тому +2

    oh man, you dont even need to imagine, come to Argentina. We had like 90% inflation on the last year.

    • @bruh5530
      @bruh5530 Рік тому

      Hungary had something like 146% inflation in 1946.

    • @Garcheezy
      @Garcheezy Рік тому +1

      @@bruh5530 yeah, and venezuela had like 5000% in 2019 i think.

    • @bruh5530
      @bruh5530 Рік тому +1

      @@Garcheezy Yeah, but it was from 1993-2019. Hungary had it from 1944 to 1946. Thats the highest hyperinflation ever recorded.

    • @Garcheezy
      @Garcheezy Рік тому

      @@bruh5530 thats not true, in 2018 venezuela had 9000% yearly inflation and in 2019 get this: 18100% inflation. And i think that sierra leone had even higher inflation haha

    • @bruh5530
      @bruh5530 Рік тому

      @@GarcheezyI checked it. Hungary still holds the world record for highest hyperinflation. We had a bank note that was named 100 quintillion pengő. And then, when a new currency, the 'tax pengő' was announced, in July of 1946, one tax pengő was worth 2 sextillion pengős.

  • @tahaak
    @tahaak Рік тому +1

    1:07 funny how the gasoline pump says $100 leading to that guy saying he‘s broke but in Europe these prices are normal for a full tank

  • @bukadatr1323
    @bukadatr1323 Рік тому +3

    Avarage day on Turkey

  • @georadzo787
    @georadzo787 Рік тому +1

    Your math is Incorrect. the exponential growth function doubles the unit price In a term divided into 70, not 100. like a bank account that gains interest, each time dividends are added to the principal, the principal increases. 100 dollars at 10 percent gain doubles in 7 years not ten.

  • @JoseAlba87
    @JoseAlba87 Рік тому +1

    7:50 glitch on the eye

  • @jag92949
    @jag92949 Рік тому +3

    Brandon: “Cool, I’m going to get the Treasury to print more money for my useless social programs and handouts to dead beats.”

  • @starfleetcaptain5413
    @starfleetcaptain5413 Рік тому

    Product prices go down? Since when? I'm 36 and I don't remember things ever going down. If anything, since the Bush era prices are higher and higher every year.

  • @jmanj3917
    @jmanj3917 Рік тому +9

    "Aren't we printing too much money?"
    "...Nah!"
    Sums up the current administration pretty well...lol

    • @Eevcee
      @Eevcee Рік тому

      What’s an example of the current administration just printing money recently?

    • @alter112
      @alter112 Рік тому

      @@Eevcee ukraine

    • @dogfellow3848
      @dogfellow3848 Рік тому

      The U.S. government overspend during crises all the time, The Biden admin ain't special

    • @kaynines5996
      @kaynines5996 Рік тому

      @@alter112 spending. =\= printing money randomly.

  • @julian9579
    @julian9579 Рік тому +2

    Not gonna lie, paying 10$ for any coktail is already insane 😂

  • @vitoscaleta439
    @vitoscaleta439 Рік тому

    Broo gas prices are horrible in Los Angeles.

  • @curutosan
    @curutosan Рік тому +1

    Argentina already has 100% inflation

  • @prodigyyjp3350
    @prodigyyjp3350 Рік тому +7

    BEST NARRATOR ON UA-cam!!!

  • @mfenix911
    @mfenix911 Рік тому

    In Zimbabwe, the inflation rate was almost 2.5 BILLION %.

  • @roygoodhand1301
    @roygoodhand1301 Рік тому +1

    Six months ago where I live, a 4lb. pack of butter was $9.
    Today, that exact same pack is $14.50.
    That is well over a 50% increase in less than SIX MONTHS.
    Extrapolated over one year, this represents a ONE HUNDRED TWENTY-TWO POINT TWENTY-TWO PERCENT INCREASE.
    Ladies and gentlemen, inflation in the United States is now at 122.223%.

  • @EAcapuccino
    @EAcapuccino Рік тому +5

    I dunno, Inflation isn't as transparent as you may think
    Regarding consumer goods : Companies want to make huge profits 💵 off goods they sell, so they jack up price$ every year and pass it off to the public as - Inflation 😑

  • @dangelodunson830
    @dangelodunson830 Рік тому +2

    Sounds about right

  • @TruckingShooter
    @TruckingShooter Рік тому

    Money and ballot printers go BRRRRRRR

  • @ctl4511
    @ctl4511 Рік тому

    If inflation reached 100% I would call my friend Kevin.

  • @YTDan
    @YTDan Рік тому +1

    Back in my day a candy bar was .60👴🏿

  • @lucaswtvr839
    @lucaswtvr839 Рік тому +1

    *laughs and suffers in argentina*

  • @shifty1927
    @shifty1927 Рік тому +6

    OPEC is already trying to plan another petrol price hike. They noticed the public blamed every one else except them for the oil/gas prices.🤣

    • @fedupamerican6534
      @fedupamerican6534 Рік тому +5

      Just like Biden blamed Putin for the price hike when we were energy independent we had gas under $2 a gallon in the last few years. But once a couple of pen strakes occurred gas went up we started getting Energy from overseas again boom the price went up

    • @Fitzn
      @Fitzn Рік тому +6

      If only we could drill for oil domestically...

    • @swaggydaddy4563
      @swaggydaddy4563 Рік тому

      They blame everything, Putin, COVID, republicans etc. But democrats have yet to put blame on the real culprit (Joe Biden)

    • @shifty1927
      @shifty1927 Рік тому +1

      @@fedupamerican6534 define energy independent

    • @fedupamerican6534
      @fedupamerican6534 Рік тому

      @@shifty1927 seriously?

  • @M2Validated
    @M2Validated Рік тому +1

    As a truck driver I’d keep up with inflation thankfully 🤷‍♂️ you won’t get your oil, gas, food unless I get compensated correctly to deliver it

    • @Jac0b22
      @Jac0b22 Рік тому +1

      Must be nice

  • @boejiden7093
    @boejiden7093 Рік тому +2

    I’d move to another country. Though Rent’s have gone up 50-60%. My rent went up 50%. My coworker’s rent actually doubled so 100%! So this isn’t just a theory

  • @cesauh2692
    @cesauh2692 Рік тому

    California: are my gas prices a joke to you

  • @nicolasmargni4795
    @nicolasmargni4795 Рік тому +1

    Argentina: hold my beer

  • @SirBlitzALot
    @SirBlitzALot Рік тому +1

    The Prius would have to be the move or say whatever and go madmax on gas prices but eh.

  • @velezmarzc1229
    @velezmarzc1229 Рік тому +27

    The us doesn't have 100% inflation, however they are on that way to reach it, Thanks Joe

  • @jmanj3917
    @jmanj3917 Рік тому +1

    *TEN DOLLAR MIXED DRINKS?!?*
    That's not expensive at all!
    Where IS this place, 1998?

  • @AnthonyDoesYouTube
    @AnthonyDoesYouTube Рік тому +1

    Fun fact: on many items inflation has already far surpassed 100%. The way inflation is measured is infamously bad.

  • @YuriNikolayavich
    @YuriNikolayavich Рік тому

    Hungary is a goof example of hyperinflation durring WWII, Hungary makes Zimbabwe look like nothing.

  • @betsyg2911
    @betsyg2911 Рік тому +3

    I’m highly unimpressed with the absence of corporate greed in these inflation conversations. We call it inflation when companies raise prices to meet the goal of continuous profit increases.

    • @AngryLlama
      @AngryLlama Рік тому

      Oh no Betsy is highly unimpressed

  • @gpizzle3799
    @gpizzle3799 Рік тому

    I’m in Cali and our gas is almost at $7 a gallon. I happily ride a bike 🚲 now

  • @Bicbawsaq
    @Bicbawsaq Рік тому +3

    Remember to vote anything but blue

    • @ethandollarhide7943
      @ethandollarhide7943 Рік тому +1

      Vote Blue. That's the Pro-Freedom side.

    • @Bicbawsaq
      @Bicbawsaq Рік тому +4

      @@ethandollarhide7943 that's a blatant lie. How can you say something so easily debunked?

    • @ethandollarhide7943
      @ethandollarhide7943 Рік тому +1

      @@Bicbawsaq Blue is for a Free Nation. Red is for a Christian Theocracy.

    • @Bicbawsaq
      @Bicbawsaq Рік тому +1

      @@ethandollarhide7943 blue is a communist anti constitutional cult. You can't be anti constitutional and pro freedom, that doesn't exist

    • @alter112
      @alter112 Рік тому +1

      @@ethandollarhide7943 i like red then

  • @josephfox9221
    @josephfox9221 Рік тому +1

    Yall called me an idiot when I cashed in all my cash for chucky cheese tokens. But who is laughing now

  • @Clever90
    @Clever90 Рік тому +2

    *I'm done sitting tight for the award advance since i acquire$23,000 every 12 days of my investment*

    • @mikewilliams9832
      @mikewilliams9832 Рік тому

      Same here, I earn $13,000 a week. GOD bless Samuel, he has been a blessing to my family.

  • @darraghgregory1269
    @darraghgregory1269 Рік тому

    It's €10 for a gallon of petrol or diesel here in Ireland, its dirt cheap in the US

  • @b.b.4411
    @b.b.4411 Рік тому +19

    We're well on the way Let's Go Brandon!!!

    • @ethandollarhide7943
      @ethandollarhide7943 Рік тому +5

      Biden 2024

    • @aawells07
      @aawells07 Рік тому +5

      @@ethandollarhide7943 you can be certain that isn't going to happen. Midterms are going to be a a good indication of this when Dems lose horribly and rightfully so.

    • @thefox47545
      @thefox47545 Рік тому +3

      People are still saying "Let's Go Brandon"? I thought that died with the MASSIVE FAILURE of the freedom convoy.

    • @thefox47545
      @thefox47545 Рік тому

      @@aawells07 😂😂😂😂😂😂

    • @aawells07
      @aawells07 Рік тому +4

      @@thefox47545 Lol let's all laugh cause you'll see sweetie. Just remember this cause I will.

  • @JWentu
    @JWentu Рік тому +1

    7:23 Probably the flag is wrong for 1917... there should be just 48 stars in a 6x8 pattern

  • @omy8443
    @omy8443 Рік тому

    Yo, Maybe talk about how corporate greed that CEO's have even admitted to has resulted in higher prices instead of blaming the few pennies the government gave ppl.

  • @TheLaundryGuy32
    @TheLaundryGuy32 Рік тому

    1 bad decision? Dude this has been a circus for the last 2 years

  • @jonthefisherman4879
    @jonthefisherman4879 Рік тому

    Thanks Brandon

  • @hannakelsey5430
    @hannakelsey5430 Рік тому +1

    I understand supply & demand, and inflation. But who is making all the money? The oil companies, retail, billionaires? Serious question, anybody know?

  • @humanityisevil
    @humanityisevil Рік тому +2

    That pokemon card was worth 600 in 1999 in good shape... pokemon cards didn't drop in value until the mid 2000s

  • @Menace2DaComments
    @Menace2DaComments Рік тому

    The day January 20th, 2021 hit, everything went up. America's economy will never be the same.

  • @tylerclarke9433
    @tylerclarke9433 Рік тому

    This is pain I mess the old money

  • @xxel_shanoxx
    @xxel_shanoxx Рік тому +1

    Inflation is a UBI’s kryptonite.

  • @depressed_weighted_B1anket
    @depressed_weighted_B1anket Рік тому +1

    SOYLENT GREEN! (Are people)
    Enough said.
    So basically we're paying back the "loan" that they "gave" us. Bruh! Most of us are paying a loan to go to school.... that's why they are fighting student loan forgiveness.
    I got you Infographics. I got you! (;

  • @TheEntrepMan
    @TheEntrepMan Рік тому +1

    "I Survived 100 Days After Asteroid Impact" series when??

  • @katieneubaum4284
    @katieneubaum4284 Рік тому +2

    YO! We need the nuclear war stories bro!!!! Days 401-500!!!

  • @ButterFromDiscord
    @ButterFromDiscord Рік тому

    7:48 the price is over his face

  • @jasontye3307
    @jasontye3307 Рік тому

    Lol. Not hitting $10gal, the price at the pump doesn't reflect the cost of a barrel of oil these days though. Even when oil went negative, was still paying over $2 gal at least here in Maine. Taxes, refinery and the stores selling gas keep it higher and it's a complete rip off.

  • @I_Love_Quokkas
    @I_Love_Quokkas Рік тому

    Not gonna lie. Videos like this showing just how fragile things really are can be upsetting. Coming out of Covid era highlighted that this is only barely a thought experiment. Almost makes you want to go buy land in middle of nowhere and be as self sufficient as possible.

  • @xchillkillx
    @xchillkillx Рік тому

    The thumbnail looks more like SPR going dry :D

  • @aminkheneifar3687
    @aminkheneifar3687 Рік тому

    two years ago in my country a book was about 20000. I looked for that same book last week and its more than 200000 now!
    more than 10 times in 2~3 years! Welcome to Iran

  • @100samanthamarie
    @100samanthamarie Рік тому

    But big industries are getting more profits than ever. They should be taxed more. They need to be investigated. They have insurance and workers to care for and other taxes but they’re still more than fine. They can pay more in taxes.

  • @paulnash6944
    @paulnash6944 Рік тому

    I have a crazy idea on how to solve this hyperinflation. How about the U.S. federal government stops taxing and regulating every inch of its citizens' lives, spending money it doesn't have, and abolishes the centralized banking system? I know, radical idea right?

  • @chulyfra40
    @chulyfra40 Рік тому +2

    me: *laughs in argentinian*

  • @Thememebro123
    @Thememebro123 Рік тому

    I can’t imagine paying 6$ for a soda

  • @victorpham4221
    @victorpham4221 Рік тому +1

    So I make $24k/year, and I bought an electric cars a few yeara ago and charge for free. This is the best investment I purchased in my life. I used to spend $400/mo on gas, and with these prices nowadays it would be $800/mo. I am saving nearly $10k every year!

    • @isiahaf1359
      @isiahaf1359 Рік тому

      All good until the outdated power grid gets overloaded and suddenly charging your car gets much harder like we see in a few places with large ev numbers. Then you’ll be losing that $24k a year cause you can’t get to work💀

  • @MCorpReview
    @MCorpReview Рік тому +2

    Stimulus checks juz feed inflation 🎉