This newsletter is sponsored by Bitget! Bitget is the best crypto exchange for both spot and leverage, world’s largest crypto copy trading platform, and the official partner of Juventus Football Club. They are offering my subscribers up to a $3000 bonus for signing up. You can find out more by clicking here!They are also offering 100 BGB to any Wolf Den reader who makes a minimum $1000 deposit + opens their first trade on Bitget… until April 30th.I hate to break it to you, but there’s almost no way to escape inflation.Unless you are cutting your own hair, riding a bike, growing your own food, and raising your own cattle which are eating your existing fields of grass, escaping inflation is impossible. I looked at the recent inflation numbers according to the CPI chart. It's not pretty. These numbers indicate the increase in price from this time last year.All items - 8.5%Food at home - 10%Meats, poultry, fish, and eggs - 13.7%Fruits and vegetables - 8.5%Energy - 32%Gasoline (all types) - 48%Electricity - 11.1%Used cars and trucks - 35.3%Alcoholic beverages - 3.7% (at least we can still drink a beer in relative peace)Transportation services - 7.7%Airline fare - 23.6%I will admit that I cherrypicked the worst categories, but I don't think I committed a crime - that’s the Fed’s job. I also don’t take these numbers at face value.The 8.5% figure seems low.The U.S. Bureau Of Labor Statistics has been consistently modifying their methodology for tracking CPI. They have essentially moved the goal post over the years to make things look better than they are. I encourage you to look at their methodology for yourself HERE. I’m not saying it’s wrong to modify the methodology in a vacuum, but cooking the numbers to look lower is obviously fraud. The inflation rates discussed in popular media are always from this single source, with the numbers treated as gospel.But the U.S. Bureau Of Labor Statistics isn't the only source calculating inflation.There are other popular alternatives. According to this source, which provides, “Analysis Behind and Beyond Government Economic Reporting,” using 1980 methodology, inflation is closer to 17%. Using 1990 methodology it’s closer to 12%. The “Flexible Price Consumer Price Index” is another popular tool and according to its model HERE, the correct figure is actually 25% based on a 3-month annualized percent change that is seasonally adjusted.If we are going to compare inflation to the past, we need to compare apples to apples. That's not happening.As you can see, measuring inflation is not a one size fits all model.We have to remember that the “8.5%” figure cited across the mainstream media is simply a 12-month percentage change, only taking into account one method. I think we have good reason to believe inflation is likely higher.I'll close with a quote from Michael Saylor: “#Inflation is worse than you think, and #Bitcoin is better than you know.”In This Issue:Escaping InflationBitcoin Thoughts And AnalysisWhat Is Stagflation?Bitcoin Is For PsychopathsMerge DelayElon Musk Offers $43B For Twitter. All Of It.The Wolf Of All Streets Podcast Ft. Max KesierMy Recommended Platforms And ToolsIF YOU HAVE ANY ISSUE WITH THE NEWSLETTER OR YOUR SUBSCRIPTION, PLEASE CONTACT: PREMIUMSUPPORT@GETREVUE.CO
The Wolf Den #478 - Escaping Inflation
The Wolf Den #478 - Escaping Inflation
The Wolf Den #478 - Escaping Inflation
This newsletter is sponsored by Bitget! Bitget is the best crypto exchange for both spot and leverage, world’s largest crypto copy trading platform, and the official partner of Juventus Football Club. They are offering my subscribers up to a $3000 bonus for signing up. You can find out more by clicking here!They are also offering 100 BGB to any Wolf Den reader who makes a minimum $1000 deposit + opens their first trade on Bitget… until April 30th.I hate to break it to you, but there’s almost no way to escape inflation.Unless you are cutting your own hair, riding a bike, growing your own food, and raising your own cattle which are eating your existing fields of grass, escaping inflation is impossible. I looked at the recent inflation numbers according to the CPI chart. It's not pretty. These numbers indicate the increase in price from this time last year.All items - 8.5%Food at home - 10%Meats, poultry, fish, and eggs - 13.7%Fruits and vegetables - 8.5%Energy - 32%Gasoline (all types) - 48%Electricity - 11.1%Used cars and trucks - 35.3%Alcoholic beverages - 3.7% (at least we can still drink a beer in relative peace)Transportation services - 7.7%Airline fare - 23.6%I will admit that I cherrypicked the worst categories, but I don't think I committed a crime - that’s the Fed’s job. I also don’t take these numbers at face value.The 8.5% figure seems low.The U.S. Bureau Of Labor Statistics has been consistently modifying their methodology for tracking CPI. They have essentially moved the goal post over the years to make things look better than they are. I encourage you to look at their methodology for yourself HERE. I’m not saying it’s wrong to modify the methodology in a vacuum, but cooking the numbers to look lower is obviously fraud. The inflation rates discussed in popular media are always from this single source, with the numbers treated as gospel.But the U.S. Bureau Of Labor Statistics isn't the only source calculating inflation.There are other popular alternatives. According to this source, which provides, “Analysis Behind and Beyond Government Economic Reporting,” using 1980 methodology, inflation is closer to 17%. Using 1990 methodology it’s closer to 12%. The “Flexible Price Consumer Price Index” is another popular tool and according to its model HERE, the correct figure is actually 25% based on a 3-month annualized percent change that is seasonally adjusted.If we are going to compare inflation to the past, we need to compare apples to apples. That's not happening.As you can see, measuring inflation is not a one size fits all model.We have to remember that the “8.5%” figure cited across the mainstream media is simply a 12-month percentage change, only taking into account one method. I think we have good reason to believe inflation is likely higher.I'll close with a quote from Michael Saylor: “#Inflation is worse than you think, and #Bitcoin is better than you know.”In This Issue:Escaping InflationBitcoin Thoughts And AnalysisWhat Is Stagflation?Bitcoin Is For PsychopathsMerge DelayElon Musk Offers $43B For Twitter. All Of It.The Wolf Of All Streets Podcast Ft. Max KesierMy Recommended Platforms And ToolsIF YOU HAVE ANY ISSUE WITH THE NEWSLETTER OR YOUR SUBSCRIPTION, PLEASE CONTACT: PREMIUMSUPPORT@GETREVUE.CO