And this is why inflation numbers are under-reported from the real inflation people experience. The inflation basket assumes a lot of disposable expenditure in luxury consumer products. And ignores the people who don't spend much in that area.
The inflation basket is a useless, single average basket for the average spender that doesn't really exist. When there should be at least 3 seperate baskets for 3 seperate ranges of income. If not more.
A person whos entire income is spent on things which have increased 10-20%+ in price, experiences much different inflation than someone rich who spends most of their income on things which haven't increased or even have decreased in price.
The owners of corporations won't stop making it worse until the economy collapses. Believe me, it is much worse than you even want to know. Unsustainable Greed.
38 comments
Australia at the moment.
“Is the debt on sale?”
“Quite the opposite actually!”
Stop fooling us with your twin brother. And sometimes the threen too.
Is it just me, or is there a stain on the collar of his white shirt?
It's actually truly sad. The things people actually need support with? It's not there.
We can all do without discounts on, for example, processed foods at the supermarkets – Because we can avoid purchasing them.
But all the things ESSENTIAL to survival in a modern world? Nope.
And this is why inflation numbers are under-reported from the real inflation people experience. The inflation basket assumes a lot of disposable expenditure in luxury consumer products. And ignores the people who don't spend much in that area.
The inflation basket is a useless, single average basket for the average spender that doesn't really exist. When there should be at least 3 seperate baskets for 3 seperate ranges of income. If not more.
A person whos entire income is spent on things which have increased 10-20%+ in price, experiences much different inflation than someone rich who spends most of their income on things which haven't increased or even have decreased in price.
Hey but lets blame Genz for paying 15$ on avocado toast twice a month. Im sure with those 30 bucks they could afford a house!!
i don't want debt i need a raise !
Pasdive-agressive and I live it (in this case)
Hey I've got an idea, let's up the price 25% then discount it back for Black Friday. They won't notice and think they're getting a banger deal!
Nooooo not the debt😢
Genuinely curious: are “loans” simply called “debt” outside of the US? Like in starwars land, “cigarettes” are called “death sticks” ?
The Debt eyebrow raise, tacitly suggesting it is a good thing, is just perfect.
Your glasses. Which model? Do you own the full Oliver Peoples Catalog?
How much is that debt and can I buy it straight from you ?
Stain on the collar. Come on, you're better than that, Corporate Pat Cummins!
So realistic
Every shop owner: "BUY SHIT"
Employees: "Pay me more."
Every shop owner: "NO"
The owners of corporations won't stop making it worse until the economy collapses. Believe me, it is much worse than you even want to know. Unsustainable Greed.
That "stop" killed me
Eat the billionaire tech bros
Its crazy how accurate this is….nowander its called Black Friday
[21:50] We normally have more than 10K in our cheque/savings account.
We additionally have a line of credit based on our properties of about $200K.
NAUR
This guys videos are epic ❤
I don't feel he is American
spot on
That stain on the right collar
the debt shop
Anyone who is so blatantly honest deserves a sub…
Generation wealth meets generation debt.
I love my cousin Luigi ❤
I guess i watch all his Videos – thats just very good education !
Had to tell a loan company to fuck off because they freaking CALLED ME to offer a "special christmas rate". Ridiculous.
"You want some debt?"
bahahahahaha!!! One of your best brother. Nice!
when yall finally say
"nah, thanks i'm good"
to the question of
"do you want debt"
that's when the system will crash
Haha, your videos are great! Keep up the awesome work 🎉
This show is starting to scare me about my debt.