Coin Bureau: Inflation will rise

Said on Nov 11, 2023, at 18:47 in the video.

What was said
Coin Bureau

@coinbureau

“if you watched our video about the man who predicted everything you'll know we could very well be entering a world of higher inflation and higher interest rates again”
Watch at 18:47WATCH 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

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 know we could very well be entering a world of higher inflation and higher interest rates again this would cause cash to flood into Banks once enough cash is in the bank they can get rid of the rest with forced currency exchange all in the name of safety now this brings me to the big question and that's what you can do to make sure you don't end up in the dystopian version of the cashless society that most countries are not so subtly rushing towards the answer is twofold enshrine access to cash in law and use utopian cashless Payment Systems instead regarding access to cash it's important to remember that

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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