Coin Bureau: Inflation will rise

Said on Nov 11, 2023, at 18:09 in the video.

What was said
Coin Bureau

@coinbureau

“we've long believed that the only way you can get rid of cash in these countries is to inflate it away to make the cash in circulation worthless to the point that”
Watch at 18:09WATCH OUT!! Cashless Society is Closer Than You Think!
PredictionInflationwill riseChecked at fixed windows, from 30 days to 5 years
What happenedafter 1 year
Within band

Reading when said

3.21%

Nov 11, 2023

Reading at close

2.77%

Nov 10, 2024

Change

−0.44 pp

Inflation stood at 3.21% at the start of the window and 2.77% at Nov 10, 2024, a change of −0.44 pp (CPIAUCSL, first releases). The call was that it would rise. Moves smaller than 0.5 pp are treated as no change.

30 days

Within band

90 days

Within band

180 days

Within band

1 year

Within band

The window it was checked over

InflationWindow checkedRecession (NBER)
0%2%4%6%8%10%202020212022202320242025Said on Nov 11, 2023
0%2%4%6%8%10%2020202220232025Said on Nov 11, 2023

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
Result at every window
WindowResultAt the startAt the endChangeBenchmark
30 daysR-MACRO-LEVEL v4Within band3.21%3.6%Dec 11, 2023+0.40 pp—
90 daysR-MACRO-LEVEL v4Within band3.21%3.12%Feb 9, 2024−0.09 pp—
180 daysR-MACRO-LEVEL v4Within band3.21%3.27%May 9, 2024+0.07 pp—
1 yearR-MACRO-LEVEL v4Within band3.21%2.77%Nov 10, 2024−0.44 pp—
3 yearsR-MACRO-LEVEL v4Pending——Nov 10, 2026——
5 yearsR-MACRO-LEVEL v4Pending——Nov 9, 2028——
Why: 30 days

Inflation stood at 3.21% at the start of the window and 3.60% at Dec 11, 2023, a change of +0.40 pp (CPIAUCSL, first releases). The call was that it would rise. Moves smaller than 0.5 pp are treated as no change.

Why: 90 days

Inflation stood at 3.21% at the start of the window and 3.12% at Feb 9, 2024, a change of −0.09 pp (CPIAUCSL, first releases). The call was that it would rise. Moves smaller than 0.5 pp are treated as no change.

Why: 180 days

Inflation stood at 3.21% at the start of the window and 3.27% at May 9, 2024, a change of +0.07 pp (CPIAUCSL, first releases). The call was that it would rise. Moves smaller than 0.5 pp are treated as no change.

Why: 1 year

Inflation stood at 3.21% at the start of the window and 2.77% at Nov 10, 2024, a change of −0.44 pp (CPIAUCSL, first releases). The call was that it would rise. Moves smaller than 0.5 pp are treated as no change.

Why: 3 years

Not yet resolved. The window closes Nov 10, 2026.

Why: 5 years

Not yet resolved. The window closes Nov 9, 2028.

What was said around it

be the return of existing coins and Bank notes this will be extremely difficult to do in larger countries particularly those with lots of currency in circulation like the United States or the EU countries but it will be necessary if these countries want to go truly cashless note that by this point it's not a question of if they want to they must must if they want to maintain Financial stability centralizing the financial system is the only way the US the EU and others will need to find some way to get rid of cash we've long believed that the only way you can get rid of cash in these countries is to inflate it away to make the cash in circulation worthless to the point that there's no point in holding it however we're starting to think that it could be a combination of inflation and incentives via interest rates take a second to consider that interest rates are at their highest levels in decades assuming they stay this high or even go higher then it will eventually incentivize large holders of physical cash to go to the bank and earn a yield on their massive cash pile particularly if there's lots of inflation too if you watched our video about the man who predicted everything you'll

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

See all