Graham Stephan, relaying another source: Inflation will rise

Said on Jan 19, 2022, at 3:27 in the video.

What was said
Graham Stephan

@grahamstephan

“65% of its members expect inflation to accelerate in the next year and that it will be permanent, not transitory.”
Watch at 3:27STOP SPENDING MONEY | The NEW Economic Threat
PredictionInflationwill riseby Dec 31, 2023
What happened
Relayed

Somebody else's forecast — not scored

The window it was checked over

InflationWindow checkedRecession (NBER)
−2%0%2%4%6%8%10%201920192020202120222023Said on Jan 19, 2022
−5%0%5%10%2019202020212023Said on Jan 19, 2022

Consumer price index (CPI): U.S. Bureau of Labor Statistics via FRED, figures as first published. The shaded span is the window the call was checked over; grey bands are recessions.

Result at every window

All windows are shown, so none is picked

Somebody else's forecast — not scored

What was said around it

pass through background and screening process, have more than $10 million in investable assets, and pay an annual membership fee of $30,000. Although what makes this so unique is that every year they publish a report on how their members are investing their money and they make it public for everyone to see. This truly gives us a firsthand look into the finances of the ultra rich. And in terms of what they're doing, it's rather surprising. One, they're building an inflation resistant portfolio. Unlike Jerome Powell and the Federal Reserve, 65% of its members expect inflation to accelerate in the next year and that it will be permanent, not transitory. As a result, the majority of them are placing their money in real estate like industrial properties and apartment buildings, investing in safe, established companies like Amazon, Apple, consumer staples, and streaming services. And most surprising, they're investing in number two, cryptocurrency. Except they're not just allocating 1% of their portfolio and then calling it a day. Oh no. Instead, they're said to be doubling their cryptocurrency holdings with 33% invested in Ethereum, 33% invested in Bitcoin, 23% invested within a cryptocurrency

What a person said is shown in their own words and is never translated. The link goes to the exact second in the video.

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