Get a 10-Day Free Trial of Market Insiders: .
. 🚨FREE Money Management PDF & Newsletter🚨 Download it here:
✅ Join Our FREE Guac Talk Community on Discord & chat with other Money Minds:
Subscribe To Our Channel:
RECORD-SETTING Prices Increasing Due to Inflation!:
0:00 – INTRO
4:04 – WHY IS INFLATION HAPPENING SO FAST?
8:36 – A FEW NEW DEVELOPMENTS
11:10 – WHERE INFLATION WILL GO
Recommended:
4 THINGS That Will Make You WEALTHY:
What Is The Minority Mindset?
It’s thinking differently than the majority of people.
Minority Mindset was founded to revolutionize the way Money Minds think about money and to make financial literacy fun. We do this by sharing videos, articles and resources on how to make, save and invest money. #RethinkRich
Check out some of our recommended products! Please note: These are our sponsors & advertisers, so if you use them, we will get compensated. There’s no additional cost to you.
———-
➤ Real Estate Investing Online
1) 🏠 Fundrise – Invest in real estate with as little as $1,000! See the historical returns here:
———-
➤ Passive Stock Market Investing
2) 💰 M1 Finance – Pick a few ETFs and stocks, then let M1 Finance invest your money automatically:
———-
➤ Loans & Refinancing
3) 💸 Credible* – Get the lowest interest rates possible on your loans – see how much you can save:
Mortgage Refinance:
Getting A New Mortgage:
*Advertisement from Credible Operations, Inc. NMLS 1681276, not available in all states. Visit for important information about Credible’s licenses.
———-
➤ Home & Life Insurance
4) 🛡 Policygenius – make sure your family is protected with life insurance & home insurance:
Get a free life insurance quote:
Get a free home insurance quote:
———-
➤ Car Insurance
5) 🚗 CarInsurance.com – See how much you can save on your car insurance with a free quote:
———-
➤ Credit Cards
6) 💳 See some of our recommended credit cards*:
*We are compensated when you click on or are approved for offers. The information in this video and YouTube description was not provided by any of the companies mentioned, and has not been reviewed, approved, or otherwise endorsed by any of these entities.
———-
Twitter:
Instagram:
Facebook:
See more & read our blog!
This Video:
Channel:
Video host: Jaspreet Singh
DISCLAIMER: This description may contain links from our affiliates, sponsors, and partners. If you use these products, we will get compensated – but there’s no additional cost to you.
DISCLAIMER CONT’D: I’m just a random guy on YouTube so do your own research! Jaspreet Singh is not a licensed financial advisor. He is a licensed attorney, but is he is not providing you with legal advice in these videos. This video, the topics discussed, and ideas presented are Jaspreet’s opinions and presented for entertainment purposes only. The information presented should not be construed as financial or legal advice. Always do your own due diligence.
36 comments
Companies like Amazon can definitely afford to pay their employees more.
Grandpa Joe cant get anything right, everything reeks inflation, gas prices are bullocks, its everyman for himself. The good thing is people are getting to know cash is pretty much stone age at this point, it is designated to fail eventually, 3 BEST and surprisingly easy ways to double or hold your funds in 2021; Real Estate, Gold, Who can guess the 3rd??
Fun channel.
If the only thing preventing a market crash are the failures who got us here, I am buying gold.
Also Biden took us off our own oil and got back in with OPEC
The fed creates bubbles and all the economic crisis. End the Fed
Jaspreet is conflating subjects pretty badly here.
We just needed a used car after a wreck and wow the prices did seem higher than I would have expected but fortunately that also meant we got more insurance money for the wrecked car, go figure
Ahhhhhh, no, The leftest scum undid everything Trump fixed. Gas was cheap. Now with Bidumb we are screwed.
The jobs aren’t paying anything compared to rent prices of course people don’t want to go back to work
I wish the government would fix the issue with elder and child care. For profit Health care systems make us vulnerable to pandemics.
Elder care cripples poor people who would normally be able to work. Scarce and unsafe child care also causes an issue in a pandemic. Can’t leave young kids or dementia patients alone and go to work.
If I were in an anti vax friendly workplace, I would have to quit to protect my kids and elders. Can’t have people going to work and returning with Covid for their Elderly grandparents.
People who never had the responsibility of caring for the elderly at home should never get a position in office because they can not understand the state of life for so many poor people.
Groceries overall have gone up in price especially dairy. Even paper products are more expensive. Btw…used cars are more expensive too.
If it takes the fed artificially proping up the stock market to keep it from crashing, that tells you right there is it a bubble. Same with fed buying $40 billion in MBS/ month, the confidence in the market isnt there at all.
Its just papa fed whipping a dead horse, and for now its still twitching, so they are whipping away.
Let's not even talk about how rents have almost tripled in the last decade…
(1BR, 2011: $550; 1BR 2021, $1200 Reno, NV)
You’re buying meat at the wrong place and wrong day. Meat still cheap.
Audio is jacked. Love your videos
Stay strong, everyone! Dont let this overwhelmed you. You are strong, stand straight and push forward. Dont give up
The government is screwing the middle-class! Like the saying goes the rich get richer and the poor get more poor. Also I think we will see deflation before inflation.
Make a video about variable annuities
Jaspreet, I'm glad you talked about deflation at the end of your video and the eventual forces that could drive wages back down. It's very hard to get inflation if there's no wage growth. I believe that the current push up in wages has been caused by the disaster COVID wrought to the economy and is not representative of genuine growth. I think the growth in wages won't last.
I'm very much in the long term deflationary camp (barring some kind of action from congress). One more thing to point out: gas prices. Gas prices genuinely peak in August and then toward the end of September they start falling again (there's many reasons for this, like demand, summer vs winter fuel blends, etc). Despite what a lot of people think, gas prices aren't a great indicator when assessing inflation.
Just saw gas prices in California 8.49 a gallon.
To avoid higher prices due to inflation, I moved out of the city and into the country. Surprisingly, I earn more now in a town of less than 18k then in a city with 1M+, and am now a homeowner. Homeownership was elusive for my family in the city.
.
So in resume. It's going pretty well. LOL
I know that you're trying to avoid politics, but nearly ALL of these problems are from Government policy and UNLIMITED deficit spending.
I'm just going to call this the inflation channel.
Used cars is not true inflation though is it?? Isn’t that just a result of supply and demand and once the supply normalizes the prices will come back to normal???
love how smart you are! thank you
The federal reserve is owned and operated by elite families of the World. Rockefeller’s, Rothschild, etc. It’s very concerning that such entity controls our money and now they are buying up all the steaks in the corporations the American people are employed by…let that sink in for a little.
That's over $7 trillion pumped into the US stock market over 5 years (not including other special measures that the Fed has taken). In other words, $7 trillion worth of wealth transfer from everyone who doesn't hold their wealth in stocks, to stock holders, who by definition are already far wealthier than people who can't afford to have a wealth of stock.
You could make a pretty convincing argument that it's more correct to describe this as a transfer of wealth from the USD to stock holders – which has a range of ramifications.
You are my first finantial and business teacher . I am becoming to understand more about finance by watching your videos. Thank you.
Close to 2 years ago I was on the verge of suicide having saved only 16k in 3 years at a factory. I woke up with something in my head telling me to invest into crypto having never invested into anything in my life. I had 2 more "random" confirmations within 24 hours that involved crypto and knew I was on the right path. Right now I'm sitting around 800k. I tell people now who won't invest "you don't want to die bad enough". I have no doubts that God exists and I am following this path for a reason.
How about the US treasury close to defaulting in their debt? They started the year at 1,000,000,000,700 and now are at 200 billion. Spending on average about $25-$26 billion a day. If Congress does not consolidate soon, they will default. I think it would’ve been an important fact toyed to enter in the video. The market is about to twist. No doubt in my mind
Your a smart man aviously, how does religion still run your life?
Tires, furniture, lawn mowers, some appliances any large item that is shipped from overseas the price has almost doubled. Container shipping rate Shanghai to Houston used to be $1500 to $3000 now about $25000 went up 10x.
Game stop won't refund my money they sent a email saying xbox s was available i make the purchase..and 6 months later im still waiting..no console ..no refund…just email saying they will chk with the warehouse wtf ?
Now i have to write corporate or hire a lawyer for my $400+ back.