The Inflation Numbers That Just Came Out Expose The Fed Now

[00:00:00] Speaker 1: Hey everybody, Economic Ninja here. We got some interesting things going on in the stock market. And crap, I forgot my phone. Hot CPI print. Let me get this information because this is going to cause real estate even more turmoil as it's being marked down. It's absolute. The Fed, they got to raise rates. And let me straighten you out here. Let's just get y'all nice and straight right now. All right. So right now, as I'm reading this, the Dow Jones is down a little bit, a couple of hundred points, nothing like the rally it had yesterday, right? S&P's off, NASDAQ's off. It's because a hot CPI was just printed as tech shares try to keep the comeback going. See, the thing is, I love how optimistic the news is. What's really happening is the tech industry is collapsing because of the cost of the debt with the AI boom. The AI boom has now been popped. It's not booming. It's not bubbling, you know, inflating it even more. And we all know that the Federal Reserve has to raise rates. So check this out. Consumer prices rose 0.4% in October, which was more than expected. Don't you love that? You know, all these pros, you'd be able to think, they'd go, we should be able to get it right sometime, right? And not only they expect it to be this number. And then it's this. I'm like, oh crap, we were wrong. And then like, well, actually we were wrong about last month's too. We have to change the numbers. They should watch the Economic Ninja because I've been warning people about higher inflation. And actually we're going to experience a bout of hyperinflation, a small bout, not like Weimar Germany, not like Argentina, not like a bunch of the famous hyperinflations. We're going to have a small bout. I believe you're going to see a well over 15 to 20% number in the future. Now, how long will that take? I don't know. That part, I don't know. See, the thing is now that the world, the nation has gone blue pretty much, right? We are seeing a moment where, uh, you're about to experience money printing on a scale because that's what they do to get, to get their, uh, people nominated. They pay people, they pay off people to vote for them. They, they, and this is what I believe Thomas Jefferson spoke about when he says, you know, when a, when a nation, I can have the person wrong, but when a nation starts to realize that they can vote themselves prosperity, democracy is gone or the Republic. I don't remember the entire quote, I'm sure you could put it down below and then I'll pin it. Okay. But this, this is crazy. Well, how's this going to affect, uh, uh, homes? And this is really important. Oh, I'm going to pin this. I'm doing a 24 hour sale on the tax deed course. If you want to learn how to register for auctions all over the nation and buy homes on auctions that are no joke, 10 to 20 cents on the dollar, as compared to going to a foreclosure auction where you're paying 80 to 90% on the 90 cents on the dollar links down below stupid sale. It's like the, the black Friday, uh, sale for 24 hours for the tax deed course. So when it talks about how the core CPI, which strips out the volatile food and energy, you know, the stuff that everyone needs, it increased 0.3%. Well, if they would have added in the volatile food and energy, you know what everybody needs, it would have been skyrocketing because they're lying to you. And sometimes a lie is just not omitting the full truth. That's what they do. The government's good at that. They want you to think that they're your savior. They're not Jesus Christ. My savior, throw it down below. If Jesus Christ, your savior too. All right. So now, um, I'm sorry, I can't stop talking about God. The time's getting short guys. It's going to get nutty in the next couple of years. Um, so they say the cost for goods and services rose more than expected in October, providing fresh warning signs for the federal reserve to fight to lower inflation. Well, how are they going to fight it? Well, they're going to tighten. They're going to cause rates to go higher. They're going to bring rates higher. Even though the bonds, the 10 year bonds have been, um, people have been buying them out of fear because things are bad, not good. Don't listen to Trump. He's just straight up. Just blowing bubbles up. People's tailpipe. Um, they're there. Even though those rates have gone down because things are bad, the fed has to actually raise rates. This is going to be rad and it's going to affect housing even more. Now in lately, some houses have been taken off the market because sellers are frustrated and they actually think that it's going to come back in the spring. Boy, are they nutty. This is going to be rad. This is what we've been preparing for. And I can't wait to get back into my studio because there were a lot of YouTubers, uh, back in the day in 2021, 2022. And I said, this is your top. This is it. And they're mocking me. And now they're just, you got to see the videos. I'm losing everything. It's like, yeah, well, no freaking duh. No duh. It's your first rodeo. I've been to three of these now as an investor. This one's the big one. You better get ready because you crush it. And you better learn how to buy those homes at auction because there's going to be a lot of them. There already is a lot of them. Actually, they're increasing, uh, all over the nation. So if you want to learn how to buy a home at auction for 10 to 20 cents on dollar through tax deed auctions, links down below, it's down below. Economic Ninja is out.