I sometimes wonder if there's anything that they don't lie about.
@illxet Жыл бұрын
It does make decisions in your own life easier.. You just need to do the opposite of whatever they tell you to do.
@DarkoFitCoach Жыл бұрын
If u still have to wonder ur still naive brosef
@user-yc3fw6vq5n Жыл бұрын
The fact that they don't want too much democracy and want a cashless one world order
@laaaliiiluuu Жыл бұрын
Only if it benefits them.
@btfpl4872 Жыл бұрын
RIGHT... but NOTHING!
@leondonald Жыл бұрын
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?
@HarrietBemish Жыл бұрын
Even though there will probably be more pain in the future, investors should look for stocks like Royal Philips NV and Alstom SA that have been sufficiently battered down to be a bargain or get a great portfolio manager.
@duane_29 Жыл бұрын
That's why I'm creating more income streams that I have complete control over. These will take me places that my day job never could. The earlier you start investing your money and putting it to work, the more time compound interest has to work its magic on your portfolio. This is how I'm going to achieve early retirement and it's possible for everyone. understand , know the path needed and stay committed to the craft
@philipr1759 Жыл бұрын
@@duane_29 How are we going to achieve all that given that the market has being a mess most of the year seems farfetched. I keep hearing that the market is pricing in a 60% probability of a 75 hike. But isn’t it also pricing in a dovish fed that’s going to pívot relatively quickly?
@duane_29 Жыл бұрын
@@philipr1759 My advisor Christine Jane Mclean is highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
@philipr1759 Жыл бұрын
@@duane_29 Thank you for this tip , I must say, Christine appears to be quite knowledgeable. After coming across her online page, I thoroughly went through her resume, educational background, and qualifications, and I must say, it was quite impressive. I reached out to her, and I have booked a call session with her.
@SharonD.Spiker9 ай бұрын
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.
@GiustinaDewitt9 ай бұрын
This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor??_
@SharonD.Spiker9 ай бұрын
Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $483k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently._|
@GiustinaDewitt9 ай бұрын
wow ,that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio.._
@SharonD.Spiker9 ай бұрын
Finding financial advisors like JENNY PAMOGAS CANAYA who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them..
@funkyflights3 ай бұрын
You’re not worth 3.5 million from labor, you invested and got lucky
@jimmydodds9659 Жыл бұрын
We are being lied to about everything.
@jbye5353 Жыл бұрын
Now more than ever we need to support the local businesses. My local small grocery chain still has reasonable prices despite inflation.
@xristinarose2409 Жыл бұрын
Not the local businesses here, i cant afford to shop there
@admiralfloofz658 Жыл бұрын
Those are gonna close doors soon with energy prices skyrocketing
@Zalen88 Жыл бұрын
@@xristinarose2409 Same in my small town in PA. The little grocery store we have is much more expensive then the chain store 15 mins away. Ex. local store: Turkey Hill Ice Cream: $7-$8, chain store: $3 to $4
@Desuetus Жыл бұрын
Local businesses is where you really get burned. They are the worst inflationists.
@alchobum Жыл бұрын
We have a nearby small chain store with prices of most things as good as the big chains. It may not last but as small business owners ourselves, I make a point of shopping there. Shop local and small business if at all possible.
@mr.pointemout Жыл бұрын
Imagine the lies they told our great grandparents.
@freeyourmind8849 Жыл бұрын
and the lies your grandpartents told you
@GbpsGbps-vn3jy Жыл бұрын
Same here, last 4-5 generations are flawlessly gas-lighted but they point us as the weak generation. Yeah, take your society somewhere else - I didn't vote for it
@kaiaevert2 ай бұрын
Iceberg schmeissberg
@user-3456rtu Жыл бұрын
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
@floxydorathy6611 Жыл бұрын
@Clara Lynn Pay no mind to all the major companies announcing layoffs. do you by any chance do referrals on your FA ? so I don’t make mistakes that are going to cost me a lot
@floxydorathy6611 Жыл бұрын
@Clara Lynn She really seem to know her stuff. I found her online-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 booked a session with her.
@francomtz7115 Жыл бұрын
Real estate anywhere is a safe bet
@francomtz7115 Жыл бұрын
@@use-youtube what's the price and place?
@monadouc9368 Жыл бұрын
Interesting that Tyson is so bold to price gauge like that while chicken meat processing plants have been mysteriously burning down
@Robert-fs6ge Жыл бұрын
There's no such thing as price gouging It's not even possible. Too many companies in the world would sell for less..inflation is caused by excessive government spending which dilutes the money supply
@gatortater1853 Жыл бұрын
We don't buy Tyson in our house, stickin it to "corporate" greed
@pamelalandon2423 Жыл бұрын
I buy from a local farm. More people started doing that during the lock downs. Especially when the meat shelves got empty. Smithfield meats is owned by a Chinese Company.
@marklucas611423 күн бұрын
Everyone needs to read and learn the truth about everything. The China CCP is controlling our meat processing and packaging now. With the China CCP economy crashing they are pushing our prices up to fix the China CCP economy. The poor hardworking Americans can do nothing to stop the China CCP from controlling our supply chains and prices.
@professormoriarty6875 Жыл бұрын
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.
@alice19th Жыл бұрын
How do you suggest we do that though? We are dependent on the food those supermarkets sell, and we cannot just boycot by not buying foods anymore. The only way we could is if we have farms nearby that sell directly to the consumers, but not everyone has access to those either. Very curious how you suggest we solve that problem.
@dmoore8595 Жыл бұрын
I agree with the idea of boycotting. Unfortunately, as the lady explained, we can't just switch companies. They are merged. As a truck driver here in the USA, I witnessed a lot of corporate merging following the 2008 economic crisis. Pilot/Flying J, TA/Petro, K-mart/Sears, Target/Marvin's. Kelloggs cereal bought Sunbeam(cheeseits) and Keebler. Calgon took Nalco. PepsiCo owns Taco Bell, KFC, and Pizza Hut. Culver's sell Pepsi products, but I'm not sure if they own them too. It's the monopoly we didn't have in the 1990s when all these companies were separated.🥺
@marytica123 Жыл бұрын
Here in the USA, the "poverty level" now includes about 40% of the population - including most young families and retirees. It is laughable that other nations consider the USA "rich", when Americans are literally living "paycheck to paycheck", and cannot afford a major illness or injury, due to the lack of universal healthcare. We are truly BANKRUPT, and fail to realize it !
@Explorer273 Жыл бұрын
@@alice19th Torches and pitchforks. The reason this happens is that those who want to increase their profits don't have to see the effects of it. What will people do when they are cold and hungry enough? Starve or freeze to death or go get the bastards who caused it? At the moment it looks like people are just going to take it but civil unrest often come from almost nowhere and once the barrier is broken all bets are off. Run.
@tucker2074 Жыл бұрын
This is just the beginning, remember for the great reset to be ushered in everything must completely collapse
@vennettegloud3128 Жыл бұрын
We live in a world of monopoly, not competition…
@sherrybonnett4827 Жыл бұрын
🎯
@johnd6389 Жыл бұрын
You need to learn what a monopoly is.
@vennettegloud3128 Жыл бұрын
Great, and I don’t see you doling out any definitions over here. 😂🤣
@johnd6389 Жыл бұрын
@@vennettegloud3128 Well a monopoly means 1 as in the only one in the market. The only place we see a monopoly is in government run utilities. Again you should just educate yourself.
@vennettegloud3128 Жыл бұрын
@@johnd6389 the point made was that so called rivaling large companies are in partnership feigning competition.
@jacobmcandles1745 Жыл бұрын
She finally gets it at3:10 of the video. Government printing money. All else follows.
@paaklapi Жыл бұрын
Corporate greed is definitely not the root cause of inflation. Blaming corporate greed for inflation is like blaming the fire for burning down the building instead of the person holding a gas tank and matches.
@TheCrusaderRabbits Жыл бұрын
This.
@paulkline1522 Жыл бұрын
Exactly. Record profits are worth a lot less when the dollar gets critically devalued. Not to mention the ceo's of the largest corporations support left side politics
@davidshumski4629 Жыл бұрын
They are raising heck with the supply chain!
@feetincheseighths Жыл бұрын
@paaklapi The cause of inflation is printing money, yes, but corporate greed riding the shirt tails, raising prices out of fear or greed it doesn't matter. They would not raise prices without some narrative to hide behind. Public sentiment in reaction could lead to social phenomenon unwanted public relations, and no one wants to be singled out in a public forum about price galging while the perception is solely pointed at them.
@whiteknightcat Жыл бұрын
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.
@einarvolsung2202 Жыл бұрын
The 50 dollar bill is the new 5 dollar
@dont.ripfuller6587 Жыл бұрын
Soon to be binary code in cyber space token ...😒
@Wolverich Жыл бұрын
When you realize that everything you experience on a daily basis is only there to put more control into higher powers
@johnd6389 Жыл бұрын
Lol
@pebblepod30 Жыл бұрын
The power of money in politics. A lot of politicians hate it too, and in Victoria NSW, there is a low limit to "donation"/bribe maximum amount to fund election campaigns.
@blehlast3639 Жыл бұрын
@@johnd6389 whats lol about the comment? \
@johnd6389 Жыл бұрын
@@blehlast3639 The conspiracy theories you guys push.
@TheBuddyLama Жыл бұрын
"Conspiracy theories" are spoiler alerts. Do try to keep up.
@JamesRendek Жыл бұрын
You can't keep magically printing unbacked money and expect not to have empire toppling consequences.
@Xander1Sheridan Жыл бұрын
Unless that is the point, because the people in control believe they can destroy everything and still come out on top.
@JamesRendek Жыл бұрын
@@Xander1Sheridan You are absolutely correct. The Freemasons who are part of the this darkness will tell you that you must destroy one system before another will be accepted. This is exactly what the NWO is doing. People are so blind or Trump hating that they don't see the left has sold out to the NWO and it's full steam ahead. I'm not a staunch republican either, I just believe they would buy us time before destroying the country in the same way. We are screwed because people are stupid and there may well be Biblical involvement.
@raulhernannavarro1903 Жыл бұрын
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.
@ronniespivey4209 Жыл бұрын
Tyson is a proud partner of the World Economic Forum
@romererunamerika9437 Жыл бұрын
time for cancel culture to work on them?cc
@user-yc3fw6vq5n Жыл бұрын
Hmmm
@johnd6389 Жыл бұрын
Yeah you cancel food production. Lol
@matthewatwood207 Жыл бұрын
@@johnd6389 we need to enforce antitrust laws with capital punishment.
@johnd6389 Жыл бұрын
@@matthewatwood207 Lol, oh yeah because we have so many monopolies. The only monopolies we have are government run. Secondly your policies are the ones that hurt competition. Lol you vote for this.
@Art0r1a Жыл бұрын
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.
@johnd6389 Жыл бұрын
Lol has nothing to do with this at all.
@jshricks Жыл бұрын
Apples and oranges. The farmer's distribution cost is low while those companies you refer to are high because they are reaching a much larger customer base. If you were to snap your fingers and have the companies keep to the price the farmer is charging, millions would be without eggs. Personally I'd rather everyone have access to eggs because I am by default pro-human, pro-freedom, pro-liberty.
@pebblepod30 Жыл бұрын
@@jshricks That's not a factor, except for fuel cost, and Wage rises. But large scale price gouging is a PROVEN FACT by the fact many primary companies had said "we must raise our own prices", then they recorded record profits, which showed that claim must have been a lie.
@pebblepod30 Жыл бұрын
@@johnd6389 It does actually, see my comment.
@johnd6389 Жыл бұрын
@@pebblepod30 No it doesn't and your comment means nothing.
@jeroldmccarty2619 Жыл бұрын
I believe many companies are gouging.
@analyticalhabitrails9857 Жыл бұрын
Its called, artificial scarcity.
@garypowell1540 Жыл бұрын
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.
@DWMurry Жыл бұрын
Companies posting record profits, tells me everything i need to know.
@Abundantiaco Жыл бұрын
Yup.
@timothygraff9464 Жыл бұрын
GREED!!
@johnd6389 Жыл бұрын
Then you don't know anything. Record profits means nothing, you would expect to see record profits during historic inflation as it would require more money for the same thing as inflation is a reduction in buying power of the dollar. But hey keep thinking you know enough.
@johnd6389 Жыл бұрын
@@timothygraff9464 Lol nope.
@JEDss454 Жыл бұрын
@@timothygraff9464 "Greed", huh? So you're telling me that you WOULDN'T want your grocery bill to go DOWN?!?! Well, I guess you can call me "GREEDY" then, because I would LOVE for my bills to go down!
@xavierdraco33 Жыл бұрын
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.
@blondthought5175 Жыл бұрын
One of the side-effects of being "powerful" is immunity from punishment.
@nojabhere Жыл бұрын
These people control everything who's going to prosecute?
@de14jabs Жыл бұрын
If punishment was more punishing and severe, perhaps there'd be less to punish, if you catch my drift. A more permanent punishment for white collar criminals.
@joeppg Жыл бұрын
@@blondthought5175 who said blonds were dump…😂
@sebastienloyer9471 Жыл бұрын
We need a Guillotine Base justice system in public and with witnesses, televised open source for ALL to see. Cleaning up the system's from the top down. Accountability by the neck. Keeping the data for future reference.
@aaronwalcott513 Жыл бұрын
Again!! Keeping it real and edible for even the non-financial types to ingest. Thank you, Sorelle.
@user-gz6tx6yp3v Жыл бұрын
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.
@MrTooter007 Жыл бұрын
Only problem is Aldi prices on staples like meat eggs butter etc have risen as much as other stores now. They are not immune to greed.
@PatronusHelice Жыл бұрын
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.
@fypos Жыл бұрын
Changing the definition of words is called "Newspeak"
@PatronusHelice Жыл бұрын
@@fypos aww yes the times we live in, Orwell for the system and Huxley for the culture
@aquarius5719 Жыл бұрын
Next they change the definition of definition...
@dalemcinnes1834 Жыл бұрын
They changed the definition of a vaccine also. Imagine that. Dale in Canada 🇨🇦
@LightningDogg Жыл бұрын
You left out: changing the definition of Nazi, racist, white supremacy, peaceful protest, illegal immigrants, free speech, right wing extremist, and the U.S. Constitution...to name a few more.
@jordana3020 Жыл бұрын
Here in Canada most things are double in price .Absolutely insane !
@user-yc3fw6vq5n Жыл бұрын
Wow
@GhostRangerr Жыл бұрын
Same here in Australia
@raulhernannavarro1903 Жыл бұрын
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%.
@brians2733 Жыл бұрын
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.
@martinheath5947 Жыл бұрын
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.
@Abundantiaco Жыл бұрын
65%? That's crazy.
@iainbaker2742 Жыл бұрын
@@Abundantiaco sounds like the UK!
@user-yc3fw6vq5n Жыл бұрын
Wow
@commonsence8223 Жыл бұрын
The mayo I buy at Aldi has literally doubled since last year. That's 100% increase.
@ericvulgate Жыл бұрын
Lunch meat a year ago was $2.50 at Walmart now it's 4 bucks. Baking soda was 50¢ now it's $1.25. a I could go on all day.
@NarcissistFreealmost Жыл бұрын
The world 🌎 doesn't stand a.chance if these companies aren't broken up. 🙁
@Abundantiaco Жыл бұрын
Yeah, a lot of people believe that's the answer.
@user-yc3fw6vq5n Жыл бұрын
Exactly. We DESPERATELY need this. I'm desperate for this.
@johnfowler6189 Жыл бұрын
When you consider most politicians are indirectly funded by large corporations, it's no wonder we rarely see any antitrust allegations.
@lorellgingrich6603 Жыл бұрын
shop local, provincial and national, look for Made in Canada tags; stop buying colas, foreign goods, make your own food from scratch with locally grown food
@TowerHand Жыл бұрын
Buying food and anything else you can localy whenever possible, cut out the middle man mega corporations. Better still, raise and grow as much of your own food as you can.
@johnd6814 Жыл бұрын
The worst part about this is when inflation goes down, even a little,those prices will NEVER go down, the new norm.
@johnd6389 Жыл бұрын
Why would they the market agreed to pay those prices.
@johnd6814 Жыл бұрын
@@johnd6389 not sure if you understood what I meant, the grocery stores will keep the higher prices to increase their profit,if that answers your question
@johnd6389 Жыл бұрын
@@johnd6814 Lol no shit. The market said those prices were ok. Do you not understand economics.
@johnd6814 Жыл бұрын
@@johnd6389 yes I do but your statement was so incoherent it was hard to decipher your lack of sentence composition . So I had to try and figure out what was swirling around in that peach pit you call a brain. You want to be rude, fine let’s be rude
@johnd6389 Жыл бұрын
@@johnd6814 It was litterlly one sentance, thats made up of common used economics terms. I see the left are trying to blame others for their failures again.
@VizziMoto Жыл бұрын
The government and these companies work together as we know
@landonguiletta8985 Жыл бұрын
🍕🍕We’re being lied to about more things than just inflation 😂🍕
@MinusMedley Жыл бұрын
Every ten years this happens... the solar cycle is dictating rainfall, crop yields, food and meat prices, labor expenditure, company costs... then there's the longer cycle with the ability to swing average global temperatures that have triggered major wars and famine like clock work. This information is buried on mainstream media, KZfaq included, instead we are bombarded by the CO2 lie, the elite are very much aware of this.
@Ilovemusic793 Жыл бұрын
This
@Robert-fs6ge Жыл бұрын
This story was a lie..she's just repeating what the government is saying about gouging
@Abundantiaco Жыл бұрын
Did you know about these two inflation lies? ✉ OUR NEWSLETTER: www.abundantia.co/ 📚 OUR COURSE/MEMBERSHIP: jointheorder.co/
@johnd6389 Жыл бұрын
Your argument is a lie.
@markrice3019 Жыл бұрын
😀 Excellent Reportage 😃
@johnd6389 Жыл бұрын
@@markrice3019 Only if you don't understand economics.
@gadsdenflyer7353 Жыл бұрын
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.
@heathercontois4501 Жыл бұрын
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.
@urbugnmetoday3183 Жыл бұрын
Do what you can yourself…get a garden going if possible , reuse instead of recycle , live humble, shop the deals…
@Abundantiaco Жыл бұрын
I love your advice on getting a garden.
@user-yc3fw6vq5n Жыл бұрын
We're going to have to rely on eating local
@sdrc92126 Жыл бұрын
@@user-yc3fw6vq5n People get about 50% of their calories from grains, and most people can't grow those in a garden. On the plus side, you can buy a year of raw grain for under $200. Learning to cook from basic ingredients is a necessary life skill.
@keester_1580 Жыл бұрын
THEY TELL US WHAT THEY WANT US TO HEAR NOT WHAT WE NEED TOO KNOW!!!!!!!
@AngelofDeath2All Жыл бұрын
To know. Not, too know.
@__-fl3yt Жыл бұрын
Like always.
@anamericanfriend2367 Жыл бұрын
I am more worried about govt greed than business greed. At least businesses produce useful goods and services.
@malootua2739 Жыл бұрын
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
@westernwanderer8397 Жыл бұрын
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.
@robfromvan Жыл бұрын
If it was just greed they would raise prices anytime they like, why now? Could it be an increase in the money supply? Macroeconomics 101
@JEDss454 Жыл бұрын
"Greed", huh? So you're telling me that you WOULDN'T want your grocery bill to go DOWN?!?! Well, I guess you can call me "GREEDY" then, because I would LOVE for my bills to go down!
@robfromvan Жыл бұрын
@@JEDss454 that’s also greed. In any financial transaction the seller is always trying to sell for the most he can, and the buyer is always trying to buy for the least he can.
@andrejkt2631 Жыл бұрын
Greed + out of control, broken economic system. Theres always been greed and will always be, but if we have a good system, it will be in check.
@jamesbarrett223 Жыл бұрын
I’m in the livestock industry and I promise we feel the pain Tyson inflicts on a regular basis
@MinusMedley Жыл бұрын
Every ten years this happens... the solar cycle is dictating rainfall, crop yields, food and meat prices, labor expenditure, company costs... then there's the longer cycle with the ability to swing average global temperatures that have triggered major wars and famine like clock work. This information is buried on mainstream media, KZfaq included, instead we are bombarded by the CO2 lie, the elite are very much aware of this.
@miketalich4454 Жыл бұрын
Need to open channels around these corps
@mnelson2587 Жыл бұрын
Amen to that!!!
@jamesbarrett223 Жыл бұрын
@@miketalich4454 Will have quite a few open by 2026 working on a $750 million project called Producer owned beef a COOP project with 330 owners
@KatiTheButcher Жыл бұрын
Yep, same here. I work for a small but very busy butcher and my family raises cattle. It is insane and our wonderful government keeps making it harder with all their stupid regulations.
@bustaballs Жыл бұрын
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.
@joemurdoch4138 Жыл бұрын
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.
@edmundwessels2072 Жыл бұрын
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.
@bradleynoneofyourbizz5341 Жыл бұрын
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.
@johnd6389 Жыл бұрын
Lol
@cryora Жыл бұрын
Where I live we have Mom's Organic Groceries, Shoppers, and Giant which are each their own thing. There are brands like Essential Everyday which is its own thing as well.
@johnd6389 Жыл бұрын
@@cryora Ok and?
@antoniumsolutions1791 Жыл бұрын
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?
@nathanlovik1753 Жыл бұрын
So why did corporations suddenly get greedy?
@jasonbailey4411 Жыл бұрын
They have always been greedy since Jimmy Hoffa days.
@curtiskretzer8898 Жыл бұрын
They placed themselves under Blackrock/Vanguard. Pepsi & Coca-Cola are no longer in any kind of "competition"
@nathanlovik1753 Жыл бұрын
@@jasonbailey4411 If they've always been greedy then why is inflation only a problem recently?
@analyticalhabitrails9857 Жыл бұрын
One I can think of, is to show off to their Wall Street buddies or to flex their power over us.
@nathanlovik1753 Жыл бұрын
@@analyticalhabitrails9857 So why is that new? If it just started then what is it about Joe Biden that has made them want to or able to do this? You are trying to personify human traits to an impersonal entity. Corporations are run by people but that does not make them human.
@BILLYRAYBOB9789 Жыл бұрын
In Australia in the same tim that house prices had been raised by 400% wages had only increase 18%
@Abundantiaco Жыл бұрын
Crazy, right?
@user-yc3fw6vq5n Жыл бұрын
My gosh god
@mattrodger7097 Жыл бұрын
Australia is heading for an inequality disaster due to the increase in house prices and rent prices. We are heading towards a society of nobles and serfs.
@stefovrto36 Жыл бұрын
Klaus likes the slogan u will own nothing and u will be happy
@surreal_seb Жыл бұрын
What's crazy, if anyone has experienced portions. So like you go to a BK or buy a slice, or PB jars for example. You don't notice a price spike, but u get a lot less now. It's messed up.
@Soilwork-ri8wn Жыл бұрын
George Carlin said in an interview an illusion of choice.
@sheridansplace1607 Жыл бұрын
Yep
@johnd6389 Жыл бұрын
Lol nope
@NetiNeti25920 Жыл бұрын
It's a big club, and you ain't in it!
@AEvans36963 Жыл бұрын
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.
@rogerwalsberg Жыл бұрын
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.
@foxslayer321 Жыл бұрын
Now it's been reported that the international bank says its missing 80 trillion dollars HOW? Is that possible
@Abundantiaco Жыл бұрын
Who knows?
@user-yc3fw6vq5n Жыл бұрын
My gosh
@Kanoee64 Жыл бұрын
I heard $65T but hey what's a few trillion dollars.
@jeffrosenberg7659 Жыл бұрын
"Missing" is poor journalism, likley due to attention-grabbing headline words being prioritized over accuracy. The $80T isn't being accounted for in gov't stats (hence "missing") nor public disclosures (due to gov't regs being loose enough for Off-Balance-Sheet activity) but is known and accounted for BETWEEN banks & other financial players (pensions, insurance corp'tns, etc.) .... so it all is effectively is In The Shadows, known only by-item by-entity. Govt's, Central Banks, and other players don't know the real extent nor the impact of their decisions upon these varied assets & liabilities.
@nojabhere Жыл бұрын
Theft
@portdawg52 Жыл бұрын
Competition is good but when the competition is all in for themselves we are screwed
@johnd6389 Жыл бұрын
More baseless nonsense.
@annmarie1569 Жыл бұрын
If you calculate the numbers all across the board, inflation is actually about 24.1%
@MarkSmith-uz4nf Жыл бұрын
When you give massive donations to campaigns you can avoid being called out for the price gouging.
@Abundantiaco Жыл бұрын
To be fair, Biden's government called out Tyson Foods and the meat industry in general for price gouging. Not defending his government, but they did already publicly call them out.
@zachhughes9149 Жыл бұрын
@@Abundantiaco Nice to know they’re not relenting in their war on meat.
@MarkSmith-uz4nf Жыл бұрын
@@Abundantiaco now that you mention it I do recall that. Also oil companies but I don’t really count that one since the left seems hell bent on getting rid of it, guess the same goes for meats also.
@m.j.debruin3041 Жыл бұрын
@@MarkSmith-uz4nf and now check out the Carnivore Camaraderie channel.
@johnd6389 Жыл бұрын
There is no price gouging, you just don't understand economics.
@SaulOhio Жыл бұрын
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?
@sebastienseb919 Жыл бұрын
This woman has an absolutely gorgeous soul. Looks are one thing, and she's beautiful, but her spirit is amazingly bright.
@alexfagnan7469 Жыл бұрын
I agree wholeheartedly with your statement.
@AngelofDeath2All Жыл бұрын
Let me guess....she speaks and you get an "inflation" somewhere.
@sebastienseb919 Жыл бұрын
@@AngelofDeath2All an inflation of the will to cultivate my intelligence. Heh heh heh. But I'm sure you already knew that. 🤣
@AngelofDeath2All Жыл бұрын
@@sebastienseb919 I understand, I'm a sapiosexual as well.
@sebastienseb919 Жыл бұрын
@@AngelofDeath2All good for you. Heh heh heh.
@ShayNoMore1 Жыл бұрын
23:59 - the inflation is actually 18% 00:00 - Tyson increased their prices in around 15%-16% and it's greed Bruh decide urself
@wtice4632 Жыл бұрын
Yeah she seems to gloss right over this to blame business. Kinda sad. Guess the lefty grift pays better
@markvandenberg4606 Жыл бұрын
Yes, thank you.
@KingOFuh Жыл бұрын
It is AMAZING how much benefit of the doubt Americans give their selected officials.
@BellaEstrella7 Жыл бұрын
I feel like we don’t give benefit of the doubt it’s more like what can we do? What can we really do to change this? I don’t know
@jeffharris7777 Жыл бұрын
I didn't select my official tho
@gerryclifford3166 Жыл бұрын
So how was inflation calculated before versus now?
@Yoltzin07 Жыл бұрын
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?
@KPutubing Жыл бұрын
"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"
@wymonwatson1309 Жыл бұрын
This and the cost of transportation has more than doubled, anything you buy has to be transported, so anytime fuel more than doubles, it's going to effect the price of those goods.
@user-yc3fw6vq5n Жыл бұрын
Also companies are deliberately taking advantage of supply and demand to raise prices
@fypos Жыл бұрын
@@user-yc3fw6vq5n If people are willing to pay the price, companies are willing to charge higher prices. There are lower prices out there, it's just not convenient to look for them.
@user-yc3fw6vq5n Жыл бұрын
@@fypos Umm in a oligarchy there aren't much places with lower prices
@michellebyrom6551 Жыл бұрын
@@wymonwatson1309 yet fuel prices have fallen slightly but not food products.
@richardmiller2313 Жыл бұрын
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.
@billbradley5296 Жыл бұрын
They always have been
@richardmiller2313 Жыл бұрын
@@billbradley5296 Yep And with the inflation rate what it is, it’s never been more prevalent & that’s why term limits need to be brought to the table for discussion.
@sarahbourne4312 Жыл бұрын
Fascism
@sdrc92126 Жыл бұрын
It's almost like theres a word for that
@johnd6389 Жыл бұрын
So you are saying g the left are fascists.
@Grimthunder338 Жыл бұрын
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.
@carldefoe4673 Жыл бұрын
how do you stop the fast forward button?
@mixerD1- Жыл бұрын
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.👍
@user-yc3fw6vq5n Жыл бұрын
Wow
@Ana-ws6xj Жыл бұрын
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.
@sherrybonnett4827 Жыл бұрын
Until people become more mindful of what they are supporting with their dollar, nothing much will change.
@johnd6389 Жыл бұрын
Lol well no kidding if no one bought from them they would go out of business.
@johnd6389 Жыл бұрын
@@sherrybonnett4827 Lol well the left caused this problem and now are trying to blame others for it.
@WorkingMan1177Ай бұрын
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!!!! 👊💪✌️
@WorkingMan1177Ай бұрын
By the way, let’s remember along with everything I said above the issue of taxes also needs to be discussed. Corporations and oligarchs (in their personal finances) pay the least amount of taxes, percentage wise. And, our government makes sure of it! In fact, while these corporations were/are making record profits, many of them actually paid NO tax, VERY LOW tax and/or RECEIVED A TAX REFUND!! 😡 It’s disgusting. 🤮
@ElShowdeAndresGutierrez Жыл бұрын
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.
@mjpaganetti Жыл бұрын
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.
@ewetoobblowzdogg8410 Жыл бұрын
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.
@sdrc92126 Жыл бұрын
And they own all the media. Ultimately it all comes back to the banks which own all of the money. Technically "your money" is really on loan from them and must eventually, through whatever means, generally taxes, be returned to the bank.
@johnd6389 Жыл бұрын
Lol
@crimsonshinobi5281 Жыл бұрын
Blackrock has higher ownership over many global companies than Vanguard does, yet Vanguard owns most of Blackrock, I found that really interesting.
@johnd6389 Жыл бұрын
@@crimsonshinobi5281 Its not relevant
@crimsonshinobi5281 Жыл бұрын
@@johnd6389 ?
@mark-1234 Жыл бұрын
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.
@jasonbailey4411 Жыл бұрын
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.
@mark_r49 Жыл бұрын
It’s a worldwide problem, not just here in the US
@christopherbrooks6355 Жыл бұрын
Do u understand what fiat currency is? Do u understand the impact the u.s. dollar has on the global market? Anything that effects us effects the entire world when it comes to policy and money
@analyticalhabitrails9857 Жыл бұрын
It sucks to say the least.
@Robert-fs6ge Жыл бұрын
I think you're pointing out the world follows economic trends in the US. But the restrictions on our energy industry and continuous government spending is why we have inflation
@ayne222 Жыл бұрын
This applies only to US, right? Here in Europe we are told much higher numbers (Here in Czechia 18+ %)
@Abundantiaco Жыл бұрын
The numbers aren't accurate it seems almost anywhere. But yes, this video mostly is about the US.
@user-yc3fw6vq5n Жыл бұрын
Ah
@sandyelliott3350 Жыл бұрын
Prices have doubled in the US
@maspesasmasperras5554 Жыл бұрын
Inflation is just a social construct
@darkpsy19 Жыл бұрын
Its worst in Europe because we printed even more then US, imagine that.....
@hollysielaff5453 Жыл бұрын
"You will own nothing and be happy." WEF
@ericmann1781 Жыл бұрын
Pretty much sums up everything.
@sidoliveira3246 Жыл бұрын
@@ericmann1781 that's the system for you. First it was the pandemic, now it's the cost of diesel. My friend told me that both hoarding and price gouging are unlawful and illegal. He told me that about end of February 2020.
@tD-wp5vj Жыл бұрын
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
@oggleme3071 Жыл бұрын
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!
@slowanddeliberate6893 Жыл бұрын
Fiat currencies are basically ponzi schemes.
@FozzyBBear Жыл бұрын
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.
@car9167 Жыл бұрын
If the profits increased with 48% you still have an extra 30% of profit inflation included. Still counts as greed
@paulevans8348 Жыл бұрын
That's what I was thinking. It seems she's not following the logic she's presenting.
@raulhernannavarro1903 Жыл бұрын
@@car9167 The company's revenues are not profits. First you discount operating expenses, which also rise with inflation. Then the difference you have left is the profit. Trust me, no one wins from inflation, except the one who creates it, the government. Inflation is an illegal tax.
@car9167 Жыл бұрын
@@raulhernannavarro1903 If the margin is constant and increase revenue by 50% your profit will increase by aproximately 50% as well.
@FozzyBBear Жыл бұрын
@@car9167 In case you haven't noticed, inflation is much higher in the food sector than the rest of the economy.
@8ofcups763 Жыл бұрын
We are at the point that there are no political or legal remedies. Scary times.
@atlasshrugged9735 Жыл бұрын
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.
@SirLovestain Жыл бұрын
The fundamental problem is that government protect these companies from having their secrets be taken away from them, aka patents.
@johnd6389 Жыл бұрын
Lol yeah because allowing people to own their ideas is a bad thing.
@SirLovestain Жыл бұрын
@@johnd6389 you don't own thoughts especially once you've spoken of them out loud to others. These ideas merely occupy our conscious mind for a time and we perceive that as ownership because we're all silly selfish undeveloped creatures. To think otherwise is naive. Insulin production would be in a much better place if it weren't for patents.
@analyticalhabitrails9857 Жыл бұрын
@@johnd6389 Yet your forefathers said these mega-Corporations belong BENEATH THE AMERICAN PEOPLES FEET. We are their bosses, they supposed to be at our mercy.
@cryora Жыл бұрын
Most patents are worthless and don't provide enough protection to prevent competitors from making a similar product. Plus patents make the intellectual property public. A lot of ideas are kept safe in the form of trade secrets and nondisclosure agreements with their employees. If you want to build a factory that manufactures, say, scissors, you'd have to figure out how to do it yourself or know / hire someone to do it for you. And then there's the costs associated with getting shelf space in retail stores.
@hariseldon3786 Жыл бұрын
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).
@johnd6389 Жыл бұрын
You don't have a doctorates in economics.
@lizardking8388 Жыл бұрын
@@johnd6389 He probably does, that's why he doesn't know about real economics.
@johnd6389 Жыл бұрын
@@lizardking8388 I have an economics degree, its one of my advanced degrees. We all aren't incompetant fools disconnected from reality. Some of us actually had to work our way through college and find a way.
@lizardking8388 Жыл бұрын
@@johnd6389 You have a degree in Keynesian (government) economics. That's what they teach you in school; which is not real economics. Learn Austrian economics.
@johnd6389 Жыл бұрын
@@lizardking8388 Lol no I have a degree in economics. Again the left proves themselves a joke.
@heavyd777 Жыл бұрын
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.
@bte5653 Жыл бұрын
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?
@JEDss454 Жыл бұрын
Spot on. I noted the same logical fallacy... and several others.. kudos to you for keeping your post much less long-winded than I did! 🤣
@elinope4745 Жыл бұрын
The government stopped counting those numbers altogether in some markets. Some private groups have gathered the missing markets and tell you their approximate "real inflation" value. Trusts and corporate collusion is a fact. You could also point at the individual investors who own the companies. I once heard that seventy percent of all stocks were owned by less than one percent of the investors. People like Bill Gates own majority stocks in many industries and companies. It's one and the same problem, just two ways of looking at it.
@michellecook4886 Жыл бұрын
Isn’t she getting at the cause though?
@bte5653 Жыл бұрын
@@michellecook4886 , the cause of what? I assume you mean "inflation." And if you mean "inflation," then I would answer in the negative, she is not getting at the real cause. Corporations might increase their prices to grasp at unjust profit, but high prices are not the cause of inflation. The opposite is the case - inflation is the cause of high prices. Inflation is a phenomenon that "first" only refers to the price of the unit of currency, not the price of goods; only secondarily, as an "effect" of the price of currency, does inflation refer to the price of goods. This line of reasoning simply gets cause and effect backwards. I am not, in any way, supporting corporate greed nor am I giving corporations immunity for their actions (Sorelle should be commended for the video); I am simply pointing out a flaw in the inflationary logic.
@michellecook4886 Жыл бұрын
@@bte5653 I think it’s suggested that inflation isn’t the sole cause of higher prices. It’s being suggested that the final ‘practical’ cost is also a result of price gouging. There is some conflation, but I guess it may be difficult to separate out these arguments in a short explanation. Do you find it misleading?
@noelbrown6771 Жыл бұрын
I counter high food prices with intermittent fasting.
@noelbrown6771 Жыл бұрын
Combat the multi- national food conglomerates by choosing to eat non processed or lower processed foods. And lower demand for their junk that's harmful to us anyways. Now is a great time to reflect on the poor decisions many of us make as consumers. Power to the consumer ✊
@janiemiller825 Жыл бұрын
I went mostly plant 🌱 based vegetarian... pescatarian 🐟 actually... Now I’m not dealing with buying meat 🥩 🍖 🍗 at all Most have doubled in price. So no thx 🙄 Keep your meat... lol 😂 Vegetarian is healthier for me anyways... so 🤷♀️
@noelbrown6771 Жыл бұрын
@@janiemiller825 Cool Jaine, I just am quitting refined foods for now. Nothing from a box. Fish ain't cheap anymore either, Lol. Going fishing tomorrow actually. Should help save some money. OK, yeah I did have to pay for a fishing license, and yes there's the gas to get to the lake and the bait and the hooks. But I count that as part of my entertainment money so it doesn't add to my grocery budget when I do it that way. 🙃
@dingusdingus2152 Жыл бұрын
That's just what they want you to do. Then the fasts themselves get longer in duration, and the time intervals between them get shorter and shorter, and, are we starting to see a pattern here?...
@noelbrown6771 Жыл бұрын
@@dingusdingus2152 I see somebody needs to watch the video again
@artkrueger8312 Жыл бұрын
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.
@ophidiaparaclete Жыл бұрын
Humans require honesty to move forward. Thanks
@andrejkt2631 Жыл бұрын
Honesty requires courage
@jeffharris7777 Жыл бұрын
@@andrejkt2631 And only a few have said courage.
@mbal4052 Жыл бұрын
Good luck with that
@chrisc6874 Жыл бұрын
@@mbal4052 my words exactly!
@analyticalhabitrails9857 Жыл бұрын
Hell yeah!!
@ninj3x687 Жыл бұрын
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.
@07wrxtr1 Жыл бұрын
I have complained for 10+ years and at best all I get is: “you’re so negative,” and “dude bruh did you see THE game bruh?!” And “cool story Bro!” And “you’re so negative who hurt you?!” And “…we JUST need a republican in office” and “we JUST need a democrat in office” and “dude bruh did you like um uh like see kim kardashians dress bruh?!” The reality is that people care more about emotions > reality. The Feelz > Reelz “lifestyle bruh” GenZers and Millenials have been successfully conditioned to only care about the here/now.
@ninj3x687 Жыл бұрын
@@07wrxtr1 that side of the struggle can be difficult. Not fitting in can be soul-crushing. A small price to pay for trying to call attention to real problems. Even if no-one wants to listen :/
@analyticalhabitrails9857 Жыл бұрын
Hell yeah....
@ArcGlowingVision Жыл бұрын
@@07wrxtr1 I agree 100%. Canadians need to wake and get their shit together.
@Baard2000 Жыл бұрын
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 .
@jmyers6175 Жыл бұрын
Same thing everyday. Tired of hearing about all this everyday!
@miri9600 Жыл бұрын
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.
@davidguthrie5941 Жыл бұрын
My personal inflation, what I buy week to week, is up 20-30 percent over a year ago.
@Abundantiaco Жыл бұрын
That's insane.
@briank5877 Жыл бұрын
Mine is around 30% my home owners insurance was up 30% for replacement cost so if cost of housing goes up 30% it’s def higher and we are in for a very bad depression imo
@robertmiller6444 Жыл бұрын
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.
@pablolopezpersonal3206 Жыл бұрын
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.
@rogereisnaugle6012 Жыл бұрын
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
@Tearial311 Жыл бұрын
Government completely stopped caring a while ago and getting worse. Now they are making more and more money by helping these businesses
@user-yc3fw6vq5n Жыл бұрын
They care for big business more than small business and people
@Hollowdude153 ай бұрын
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 :]
@altered_beast Жыл бұрын
Not surprised because I felt price gouging was the case before I read it was fact.
@mykemorbius Жыл бұрын
The inflation rate isn't this high because of 'greedy businesses'. See that chart at 2:16? That's right around March, 2021 when Biden signed the $1.9 Trillion 'Covid Relief Act.' Government spending causes inflation. The more the government spends, the higher the inflation. And the reason prices for everything is higher is due to the cost of transporting them has increased bigtime, so to stay afloat, biz's have to increase prices. This is all because Biden put major restrictions on fracking and offshore drilling, he's even on video admitting all this. The goal is to force us to go electric.
@johnd6389 Жыл бұрын
Its not the case and its not the fact.
@altered_beast Жыл бұрын
@@mykemorbius costs are much higher than the current inflation. A jar of Hellman's mayo doesn't go from $3.50 to $8.50 due to 7-18% inflation. Wake up liberal