I sometimes wonder if there's anything that they don't lie about.

The market and the Fed consistently underestimate the sticky nature of inflation. The markets are still unsure if the Federal Reserve will continue to its plan to raise interest rates until inflation is under control, despite the fact that bond yields are rising while stock prices are falling. What is the greatest strategy to take advantage of the current bear market while I'm still deciding whether to sell my $401k worth of stocks?

I've come to realize that money is a tool. I've worked so hard over the years to realize that if you don't make money work for you, you can't experience true freedom. fully retired with over $3.5million, my dividends is supplementing my retirement at the moment. started saving and investing in 2010 in growth, No regrets and financially free.

We are being lied to about everything.

Now more than ever we need to support the local businesses. My local small grocery chain still has reasonable prices despite inflation.

Imagine the lies they told our great grandparents.

Simply do this; disregard the market opinions and projections. I'd suggest buying shares of reputable firms and holding them for long that's exactly why investing in stock now will be the best a favorable decision

Interesting that Tyson is so bold to price gauge like that while chicken meat processing plants have been mysteriously burning down

In my country, Sweden, some goods have almost tripled in price. Some energy companies and supermarket chains have made the highest annual profit in 30 years. Yet, they want us to think that the price increase is solely due to inflation. It's becoming unbearable. The number of people in Sweden living under the poverty line has risen from 9% in 2020 to 15% in 2022. This has to stop, and the only way to stop it is to boycott these companies.

We live in a world of monopoly, not competition…

She finally gets it at3:10 of the video. Government printing money. All else follows.

I've posted ALL this information on my own Facebook page, but who am I? I'm just one little person screaming into the wind, and the 50 or so friends I have don't really want to read or listen to things dealing with economics or politics or science ... they want entertainment, or to gripe at stuff. Politicians will also not tell us the whole story (though there have been Congressional hearings on it) because it's FAR easier for one party to point fingers at another and blame them for all the nation's woes ... while deflecting attention from their oligarch donors. The governmental systems over the years have indeed made America "great" again, just like it was more than a century ago, just like it was during the age of the robber barons - the Gilded Age. At this rate, we'll regress back to a time of civil war soon. Just freaking great.

The 50 dollar bill is the new 5 dollar

When you realize that everything you experience on a daily basis is only there to put more control into higher powers

You can't keep magically printing unbacked money and expect not to have empire toppling consequences.

In Argentina, what normally happens is that the government freezes prices by law and then the price of goods is so behind inflation that they have no choice but to jump in prices above inflation to compensate for months or even years of losses. So no, the fault lies with the loss of value of the currency caused by the government.

Tyson is a proud partner of the World Economic Forum

I've spoken to a farmer who produces eggs and while he raised his prices by a little, the price of eggs has tripled compared to what it was a few years ago. So yes, companies are greedy as duck and honestly why wouldn't they? People are buying up the goods even at those prices. The price of cheese has more than doubled and people still buy them like candy. It's crazy what's going on nowadays.

I believe many companies are gouging.

Certainly, much of this inflation is the result of corporate greed. A convenient excuse to radically improve margins. This is also the case with much smaller companies such as my own. I have also used this as an 'excuse' to raise my prices for the first time in 15 years and not a moment too soon. I have lumped an extra 15-20% on everything my company produces, thus more than doubling my gross profit margin. If my customers succeed in working on the same margins as before, this will lead to my company's products increasing by at least double this figure in the retail shops. However, this is being done not just because of a ready-made excuse, it is because if I had not increased my prices while turnover is expected to significantly fall, full-time unemployment would have rapidly become a more profitable occupation. So far at least none of my customers seem to have even noticed this massive price increase. This strongly suggests to me that my competition has also raised theirs very likely by more than I have. Therefore I am not finished yet. Next year I intend to increase them by another 10% and sod the consequences. They will either pay up and do so happily or they can all bugger off, while I am all but certain that my customers will take a similar attitude towards their customers. The general public seemed to not give a damn about either myself or my customers when we were both closed down for the best part of a year for no kind of rational reason and with virtually no compensation whatsoever, so why should I care about the general public now? They laughed, giggled, and fornicated while counting their apparently free furlough money, and now they can pay the ultimate price not me or my family.

Companies posting record profits, tells me everything i need to know.

Lies from the powerful should lead to severe punishment for the powerful that lie so freely. As it is , the people suffer and the powerful get richer.

Again!! Keeping it real and edible for even the non-financial types to ingest. Thank you, Sorelle.

In the UK the supermarket chain Aldi came out with a statement that they would not take advantage of inflation to increase their prices for profit. I didn't realise at the time what they meant, but now I do, they were clearly having a dig at their competitors. They really have got my business for life with this kind of attitude.

What I witnessed and came to my knowledge the last few years: Changed the definition of what a pandemic is Changed the definition of what gain of function is Changed the definition of what a recession is Changed the definition of what gender is ... A couple of changes more, that don´t come to mind right now... and now Changed the definition of how inflation gets calculated? That one totally flew under my radar, it still matches the pattern tho.

Here in Canada most things are double in price .Absolutely insane !

In Argentina, politicians told us the same lie for decades. They always blame the companies. Market concentration, monopolistic businesses, etc. Then when the government lost the ability to print all the money they wanted, anual inflation dropped to 0%. As simple as that. We didn't learn the lesson and the government once again had power over the currency and now we have an anual inflation of 100%.

What I have trouble reconciling is the ‘corporate greed’ ‘price gouging’ argument. If corporate profits are so extraordinary, wouldn’t that be reflected with an exceptional stock market performance? But we’re seeing the opposite.

Plenty of food items are up around 50% for example the eggs I buy up 65%. The trick was to remove food shopping from inflation figure calculations.

The world 🌎 doesn't stand a.chance if these companies aren't broken up. 🙁

The worst part about this is when inflation goes down, even a little,those prices will NEVER go down, the new norm.

The government and these companies work together as we know

🍕🍕We’re being lied to about more things than just inflation 😂🍕

Did you know about these two inflation lies? ✉ OUR NEWSLETTER: www.abundantia.co/ 📚 OUR COURSE/MEMBERSHIP: jointheorder.co/

A couple things need to pointed out. You DO have a choice when it comes food. Purchase local, you don't need a grocery store when it comes to meat and produce. You can also purchase a a freezer and split the cost with friends and family on say having half a cow butchered and stocking the meat for months on end. This eliminates the corporate powers and supports your local farmers. One other thing to point out is that there used to be protections/restrictions designed to prevent the massive corporations we see today. These were eliminated by, you guessed it, the government. Look no further than the Telecommunications Act of 1996 for just one such example. It was sold to the American public as protecting competition, but the end result was that we now have just six massive corporations that own 95% of what you see today. Don't think for one minute the government didn't do the same thing to the food industry. I can agree that greed has played a part in what we're seeing today, however I completely disagree that it is the primary cause of the pain in our wallet. Failed government policy has brought us to this point, and I suspect it's due more to corruption than incompetence. The government has already decided to lie to your face about that ACTUAL rate of inflation by changing how they calculate inflation to their own benefit. They lied to you about being in a recession by changing the definition of a recession. Hell they even lied to you that the inflation we could see with our own eyes, simply didn't exist. So why should we trust them when they point the finger at greedy corporations. Yes greed is obviously a driving force for the increase in prices, but they wouldn't even HAVE inflation as an excuse to raise their prices if our government wasn't spending us into oblivion and printing up increasingly devalued money. Don't give our government a pass, there IS NO inflation with out government action. For the record this is NOT and left or right issue, the corruption is coming from ALL sides. Don't be a home team fan on this issue, see the problem for what it really is and start voting like your life depends on it because it does. There are candidates that want to put an end to this corruption, it's your obligation to figure out who they are.

I love how you brought up how much is owned by the biggest brands. I feel the need to point out that they also own the small and store brands. All any of this entails is merely changing the label on the container.

Do what you can yourself…get a garden going if possible , reuse instead of recycle , live humble, shop the deals…

THEY TELL US WHAT THEY WANT US TO HEAR NOT WHAT WE NEED TOO KNOW!!!!!!!

I am more worried about govt greed than business greed. At least businesses produce useful goods and services.

Humanity needs to embrace minimalism as a global philosophy where we simplify and streamline producing the essential goods and materials, and lessen the fluff and overindulgence and over-reliance on technology. Humanity really just needs good healthy basic foods, certain basic meds and health care, simple housing, etc - but our egos dictate that we need excess. Our cities are designed for automobile reliance, not pedestrian traffic, this was a huge mistake. We should have more corner mom and pop stores and minimalism. Humanity needs to calm down and hit the brakes and realize it's the little things in life that matter, like a warm fire in a fireplace, in a home you actually own

Greed. It's always about greed. Everything going on right now centers around greed. All our pain and suffering will be for the love of money. I appreciate all your financial insight, Sorelle.

I’m in the livestock industry and I promise we feel the pain Tyson inflicts on a regular basis

Corporations only just started being "greedy" recently, I guess. Let's ignore the ACTUAL causes: central banks printing money faster than ever, unparalleled extreme government spending, government shutdowns of economies, central government control of economies, etc. Greedy corporations? I couldn't imagine a more lazy and unoriginal analysis.

The other issue is the price of fuel. We've cut back drilling and production in the US and are now forced to beg other countries to ramp up theirs, putting us at their mercy, and the uncertainty of supply has driven it up, particularly diesel, which is mainly what is used to get products to market. Many countries in the European union became dependent on energy from Russia, and now that their pipeline have been mysteriously damaged, they're taking it in the crotch. You add this to the fact that the vision that the WEF has for our future is that we will become a world of serfs serving large corporations because we will own nothing and be happy about it then we have a financial disaster on our hands. Of course the corporations will be more than happy for us to own nothing because it means we will have to rent everything from them. Proving the old adage that when you rob Peter to pay Paul, you get no argument from Paul.

Big companies were bailed out by governments and the working class pays taxes on this money. Now they make us to pay more for their products, we get screwed twice.

And it's not just the products you're buying it's where you are buying them. You could shop for your groceries at four different chains that ultimately are all owned by Kroger.

Please clarify.... at first it is stated that the inflation is actually higher if we use old school calculations to determine the rate which would bring it to about 16%. Does Tyson's price increase reflect what prices should increase based on the old school methodology? Can you explain the difference in calculations of inflation from...say...the 80's and today so we can understand what you are talking about?

So why did corporations suddenly get greedy?

In Australia in the same tim that house prices had been raised by 400% wages had only increase 18%

George Carlin said in an interview an illusion of choice.

Not surprised. Greed has always been in the economic mix. It's just gotten worse. I refuse to let it govern my life. This video is 100% on point.

I think you should also give a larger reason for these mega companies raising prices. That would be because they are members of WEF, and subject to its agenda.

Now it's been reported that the international bank says its missing 80 trillion dollars HOW? Is that possible

Competition is good but when the competition is all in for themselves we are screwed

If you calculate the numbers all across the board, inflation is actually about 24.1%

When you give massive donations to campaigns you can avoid being called out for the price gouging.

So....these companies weren't as "greedy" before? Maybe they are charging higher prices and making bigger profits (NOMINAL profits) because there is so much money going around, because consumers are willing and able to pay those prices. Because of the increased supply of money. The important question to ask, if the prices are going up because of monopolies, are they restricting supply? Thats the means by which a monopoly raises it prices, by reducing supply. ARE THEY DOING THAT?

This woman has an absolutely gorgeous soul. Looks are one thing, and she's beautiful, but her spirit is amazingly bright.

23:59 - the inflation is actually 18% 00:00 - Tyson increased their prices in around 15%-16% and it's greed Bruh decide urself

It is AMAZING how much benefit of the doubt Americans give their selected officials.

So how was inflation calculated before versus now?

A big problem is that market price regulators for corporations are only a decoration or non existent. Where are they when most needed? Do we have to report these irregularities ourselves as consumers? To whom? In any case, what these corporations sell as food/drinks it’s mostly JUNK! Yes, nasty ingestible poisons in disguise. If possible to where you live, get family/ friends to buy in bulk from co-ops, support small local markets before they vanish, try refills for cleaning and personal care products, look for local handmade toiletries, make your own fizzy drinks, etc. Although not as time/location convenient most local small traders do home deliveries. No excuses. We are part of the change, adjusting justifiable cost to where is worthy. Competition is not in the big supermarkets. Perhaps a matter of quantity vs quality?

"Prices are going up because there is an additional quantity of money, asking, searching for a not-increased quantity of commodities. And the newspapers or the theorists call the higher prices, "inflation." But the inflation is not the higher prices; the inflation is the new money pumped into the market. It is this new money that then inflates the prices." - Ludwig von Mises From "Ludwig von Mises on Money and Inflation"

Bottom line - governments and big corporations are in cahoots with one another, they intertwine & they don’t give a rats ass about the little ppl. That’s why there needs to be term limits for our Congress people- they are to beholden to the corporations that fund their next reelection campaign.

I’m always trying to explain this to people, specifically the greed that goes into raising prices, companies are reporting record profits despite the claims of overhead, owning a business during inflation is the best time to be in business. Always has. Thank you for going more in depth. For your next video you should talk about what’s going to happen to the economy in mid 2023 when the effects of the interest rate hikes catch up. If you haven’t already.

how do you stop the fast forward button?

Politicians lie...also, water is wet. Where I am, your basic basics, ie milk and bread, have risen by ~50% in the last few months although the "official" inflation number is 8.9%. Gas and diesel fell by 20% just recently. It's number juggling for political purpose. Thank you Sorelle.👍

This is why I buy from local farmers and try to produce as much as possible my own food. If we stop buying coca cola and other poisons, they would not make profit at all.

At 7:53 he mentions the “lack of competition” but that isn’t the only problem in my opinion. It’s also the lack of government regulation. The government could restrict monopolistic capitalism. And, at a minimum they could end Citizens United! The very mechanism that allows oligarchs to pour money into the pockets of our politicians. But why would they when it’s those same oligarchs that line their pockets? Why aren’t our politicians screaming about this injustice in Washington? Bernie Sanders did/does along with a handful of others but they are made to look “crazy” by our so called “representatives,” Wall St. and of course by the media that the oligarchs own. Wake up sheeple you are being abused. It’s time to reevaluate!!!! 👊💪✌️

We need to start supporting our local farmers and we need to voice it loud so they know. We can all bring the prices down.

This is from the lens of a Keynesian economist. Austrian economists (otherwise know as economists) The real definition of inflation is an increase in the money supply. This results in a rise in prices. Go deeper. It’s QE, corporate bail outs, taxation, and central banking interest rate manipulation. You are wrong in thinking this is greed. Free market capitalism combats greed; if someone gets too greedy, we’ll shop somewhere else with fairer prices. You do hit the nail on the head when you discuss completion and monopoly, again which is solved by free market capitalism. Can’t have that when the federal reserve price fixes interest rates.

Ultimately, ALL of these corporations are owned by only two corporations that have the controlling interest in most everything we touch and need to live off of. The interesting thing is that both of these companies own a part of each other, although one company owns more of one than the other. It is called circular ownership. That single controlling entity is Vanguard. It is structured in a way that you don't know who actually owns it.

When I worked in construction, the price of concrete was negotiated between competitors. In other words, one Redi-mix company would call another one, informing them that they were thinking about an X amount of dollar increase per yard. When it became a consensus among the companies in the area, the price would go up equally among all of them at the same time, causing no one to lose business. You can't tell me they don't do that at a corporate level. It's called "price fixing" and it's illegal - but only if it can be proven, which is hard to do when there's no paper trail. And since many of the government agencies are lobbied by corporations, you can forget any government enforcement on the matter.

There you go, you got it. Bam right on the nail head. 42 yrs of trucking and the hugh corporations have the freight rates at an all time low, rate vs cost to operate the trucks is way off. So transportation is not to blame. It's the greed of the Corporations.

It’s a worldwide problem, not just here in the US

This applies only to US, right? Here in Europe we are told much higher numbers (Here in Czechia 18+ %)

"You will own nothing and be happy." WEF

It funny how even when you clearly have a government with resentment for the country they are supposed to represent. Not hiding that they are trying to destroy that country and have nothing but bad intentions for their people. Everyone still just rolls with it. People need to get angry

I could never wrap my head around fixing inflation with more inflation. It's like a unlimited none existent credit card. It's really weird how banks create Fiat currencies. Without a remedy in mind!

It's not price gouging. You said it yourself: the true rate of inflation is over 18%, so 14% price increases are not unreasonable. The profits seem higher in nominal dollars, but not when you take inflation into account.

We are at the point that there are no political or legal remedies. Scary times.

Your definition of inflation is in correct. Your definition describes the symptom of inflation (higher prices). Inflation is simply an increase in the money supply + the increase in available credit marked to market. Governments and central banks across the globe were pumping trillions of stimulus and cheap credit into the system during the pandemic. This fact coupler with severe supply chain disruptions caused a cascading effect if very high inflation.

The fundamental problem is that government protect these companies from having their secrets be taken away from them, aka patents.

I would love to disagree with you (and make the world a rosier place) but unfortunately I have a doctorate in economics... and you're right. The next video could be about how wages usually lag inflation which means that workers are again getting hammered and companies are making more profit (company cost of wages lagging relative to increased sales revenue from increased prices).

Does anyone actually have any actual proof of this? I hear people talk about "greed" and record profits but the evidence is never presented. In fact, it is certainly not being reflected in the earnings reports to Wall Street or company stock prices. So where is the evidence that warrants talk of price gouging consumers? Just to be clear, I am all for breaking up monopolies especially the big media companies who dominate the information we get. But, our case has to be solid. The resulting market competition will bring prices down because someone else can do it better.

Great video! But I have one question, Sorelle. If it is true that the "real" rate of inflation is indeed much higher than the official government numbers, than wouldn't it make sense that the corporations producing consumer products would be forced to increase their prices at a rate that is also much higher than the official government numbers? The first part of the video explains that inflation is higher than the numbers suggest, and then the second part of the video critiques corporations for increasing prices at a rate higher than the numbers suggest. Is this not an incoherence at the heart of your argument?

I counter high food prices with intermittent fasting.

This is inaccurate. We'll see throughout 2023 how much profit companies have. Inflation was caused by money printing. The Dept to GDP is double what is was in 1999 (percentage wise, not nominal). That's why there's inflation.

Humans require honesty to move forward. Thanks

This has been the case for the last couples of decades here in Canada. People are only complaining now that it’s not just affecting those on the lower end of the economic spectrum.

Woke should be redefined as : seeing the bigger picture of the hell we are living in created by our own laziness and greed of evil tradesmen. Buy local , keep using cash , be human and caring .

Same thing everyday. Tired of hearing about all this everyday!

Most important thing: inflation is not rising prices, inflation is increasing of money supply. Rising prices are result of inflation. You have to check dictionaries of 1950s. Definition was changed not to blame banks and governments but corporations and consumers. Another thing is corporations rising prices more than inflation. Remember, corporations were postponing price increase because of FED statements of transitory inflation so they did not want to lose customers. Once they realized inflation is here to stay they increased prices even more to catch up to losses.

My personal inflation, what I buy week to week, is up 20-30 percent over a year ago.

Except that the "corporate greed" narrative just doesn't hold up to basic logic.That is, if it were the case, then implicitly it must also be the case that corporations are _suddenly NOW more "greedy" than before_ and conversely that corporations were previously less "greedy". If corporations could just arbitrarily raise or lower their prices with their current level of greed, then they must now be _more_ greedy than they had been. This makes no sense. Why would a corporation's "greed" change over time like that. And ALL corporations in lock-step? And even at that, even that wouldn't make sense. If it were truly a function of greed, then why would they simply not ALWAYS charge the highest possible prices regardless of how much or how little they are "greedy" - any amount of greed would result in the highest prices possible being charged regardless of the magnitude of that greed? It also makes no sense that a "greedy" corporation would ever say, "well, we _could_ charge higher prices, but today we're not _that_ greedy, so we won't." That makes zero sense. No, any amount of greed would result in the charging of the highest possible prices ALL THE TIME. And that being said, I would say that is actually the case - corporations DO ALWAYS charge the highest prices they can. Why would they ever not? Now that being the case, then it MUST be _something else_ that actually constrains how high a price corporations can charge. So I don't know, maybe things like supply and demand market pricing and market competition? And there is never any true monopoly but for government intervention. As Yaron Brook describes in relation to Standard Oil, one of the most famous "monopolies", as even when there is a "monopoly", a corporation cannot just arbitrarily charge as high a price as they like _unless_ they have some means of preventing competition from entering the market (cough _government regulation_ cough) which WOULD happen if prices were "too high" - ie - at some point, there will be a sufficient business case for a competitor to enter the market and then cap prices at the price they are willing to accept to take market share. So even Standard Oil realized they had to keep their prices BELOW that which would draw in competition. And no, corporations "raising prices faster than inflation" does not prove the narrative. It's not "greed" but actually just _rational behavior_ ANYONE would engage in. Funny thing about people - they _predict_ expected outcomes in the future and act accordingly TODAY. When you _expect_ prices to continue to increase, any rational THINKING person is going to try to front run that and stay ahead of it. They _expect_ their future costs to be higher so they increase their prices to generate the revenue increase to be able to pay those increased prices. You would be stupid not to. But yet people apparently expect other people to stupidly NOT act in a _predictive_ manner. Remember: production costs PRECEDE revenues from the product having been produced. So sorry, no, NOT "greed" but actually just RATIONAL and reasonable behavior in such conditions. And again, if you could just arbitrarily charge higher prices as per the narrative, why wouldn't they just always charge those higher prices? So no, as it has been said before by others, inflation is always and everywhere a monetary problem. That is, we have rampant inflation on account of the "government" (meaning governments and central banks colluding) printing trillions of $ in the US alone. And I don't think that the US is alone in having done that. You print trillions of dollars you are _going_ to inescapably get massive inflation _because_ of that massive money printing. After all, at a first order level, prices are simply the amount of dollars divided by the goods and services those dollars buy. So increase the numerator, you get higher prices. And then add on top of that decreasing the denominator on account of dumbassery of "lock-downs" crippling the supply of goods and services. (Yes I know it's "not that simple", yes there are a lot of other factors that can be involved, but none of that negates nor disproves the veracity of the preceding. Just like if I were to describe gravity, pointing out the other three forces of flight does not make it the case that gravity is not acting on an aircraft exactly as described.) But yes, governments are going to basically lie about just how bad inflation is. But sadly that is not because they realized they screwed up and caused it but because they realize they will be blamed for it and will face retribution at the polls. And so they try to gaslight people saying it's not that bad, as if people do see how much more they are paying for stuff. Or they try to blame shift, trying to gaslight and blame anything else but their own culpability with things like "Putin's price hikes" even though everyone knows this had been going on long before Putin invaded Ukraine.

in argentina we currently have 100% inflation, only because our gvmnt prints money like theres no tomorrow. inflation is always an excess in the offer of money.if some big companies start raising prizes others will appear offering similar products with lower prizes. inflation is always a monetary issue.

I have lived and watched corporations buy and liquidate small manufacturing businesses. Then they went for solvent small to midsized banks. We see the effect when people began to try to find out who actually owns their mortgage

Government completely stopped caring a while ago and getting worse. Now they are making more and more money by helping these businesses

The fact that companies are just lying to make people think it's Inflation and the government just lying to us just shows that things need to change around here so it can get better for everybody else In the us and great video Abundantia :]

Not surprised because I felt price gouging was the case before I read it was fact.