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Hey guys welcome back to the channel, try to make this video for a long time, but let's just start off with this, we had a two percent inflation target, we're now at seven point: five percent: when two percent inflation target was breached and we started to increase Over that, then, the mainstream media and institutions, ranging from the federal reserve all the way to the white house, regardless of who's in administration, tried to tell you that inflation was going to be transitory. Well, we all found out that inflation was not going to be transitory. So once we found out that it was not going to be transitory, they had to backtrack some of those statements. So then, you had mainstream media outlets starting to push to the public that inflation is actually good for you built off the idea that it's good for you, because it hurts a rich person more than it hurts you.

So inflation is a bad thing, but since it's going to hurt someone who's rich more than it will hurt someone who's poor, you should be happy about that main takeaways. I should not ever be happy about somebody's out somebody else's standard of living living decreasing. I should not be happy that somebody else's life is being negatively affected. I should not be happy because somebody else is doing worse than i am okay.

I should never be ha or i should never be told by a mainstream propaganda mechanism who my enemy is at. What point did this article or person writing it ever consider that this person is not my enemy at? What point is someone who has more money than me, my enemy they're, only my enemy. If i make them my enemy, i can't be told they're my enemy or i could be told, they're my enemy and maybe i might start to think they're, my oh, my gosh. It's like a mainstream media manipulation tactic.

It's crazy that somehow political, rich and poor, divide and conquer got mixed in salt and pepper shaked over inflation data. You can't make this up, so the takeaway there is expect the unexpected and expect the opposite of anything. Major media. Big time institutions tell you and you will never be confused and you will not be a sheep all right.

So i love you guys we're all sheeps at some point or another and we're all wolves at one point or other, and the reason being is because it is so hard to understand this fake made-up game that gets played that at some point you do get swindled. So we'd like to think we're all wolves, but at some point we are sheep, because how could you seriously make up two percent inflation target? Then we go to 7.5 percent, but before 7.5 percent it's supposed to be transitory, but then it's not transitory. But since it's not transitory we're going to tell you that it's good for you, because it hurts a rich person like what i cannot make that up. I don't know how to predict that, because it's so ridiculous.

Okay, so now onto some important things which are going to make this quick. Basically, this is what you're going to expect today, like you know, there's really nothing bullish on the spy if, unless the market is actually maintaining over 450 to one and otherwise it probably fades back out down to the 448., so high probability targets for the day. To start around 452 and then down to 448.52 on the spy, and i'm just gon na leave it at that because i don't know i've got much more time to get this out to you guys and then the market starts and then uh pretty much nasdaq. I mean you have price targets back up at 360 to 17 all the way down to 356, which is basically spec either market down to here.
If the market doesn't like the inflation numbers and or counter retrend tests back to the 362 13, but you're not going to really see any bullish activity remaining on the day unless the nasdaq gets over the 362 17 and maintains alrighty have a good day. Love you.

By Stock Chat

where the coffee is hot and so is the chat

8 thoughts on “Inflation is good for you because it hurts rich people more than poor people – main stream media”
  1. Avataaar/Circle Created with python_avatars Hola! Alex Calderaro says:

    who said that about inflation man!? come on keep politics out of this. You have the best stock videos, but always come back to this bs!

  2. Avataaar/Circle Created with python_avatars stevenm91 says:

    I can't wait for you to be on rumble, connor unfiltered!!!

  3. Avataaar/Circle Created with python_avatars Melissa Williamson says:

    It is because most of the world lives in a ENVIOUS bubble that they believe that someone who has more money than them….they somehow they took it away from them or did something illegal to get where they are. ENVY is disgusting

  4. Avataaar/Circle Created with python_avatars The COVID-19 Coronavirus says:

    My family is hurting plenty.

  5. Avataaar/Circle Created with python_avatars Jeff Adams says:

    Great πŸ‘ yep 😊 thank you great vid. Needed to here it from someone today. You the man

  6. Avataaar/Circle Created with python_avatars pawelra says:

    Connor we all know…..Let's Go Brandon

  7. Avataaar/Circle Created with python_avatars Gavno Nadoroge says:

    good points, thank you

  8. Avataaar/Circle Created with python_avatars JannP says:

    Good Morning

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