Wed, 22 December 2021
1781: CPI Christmas Price Index UP as Inflation SOARS, PNC 12 Days of Christmas, Inflation Induced Debt Destruction, What's Coming in 2022
Merry Christmas everyone!
Today, Jason talks about the 12 days of Christmas- adjusted for inflation! For 38 years, PNC has calculated the prices of the 12 gifts from the classic holiday song, "The Twelve Days of Christmas." The PNC Christmas Price Index® is a whimsical holiday tradition, which this year includes adjustments for the pandemic’s impact on the cost of purchasing the presents in the renowned carol.
And then Jason talks about cats! and dogs! and martial arts! how they move and fight... and how we can use our opponent's weight to our advantage! Now translate that metaphor to our fight against inflation and the forces of government and central banks! We align ourselves with them. And what do you get? Inflation induced debt destruction!
Watch the video on Jason's YouTube channel.
[2:16] Inflation Induced Debt Destruction
[4:55] Judo, aikido, cats and dogs!
[7:40] Economic martial arts
[9:28] PNC Christmas Price Index and the 12 days of Christmas
[10:25] A partridge in a pear tree, 2 turtle doves, 3 french hens, 4 calling birds, 5 golden rings, 6 geese a laying
[12:50] 7 swans a swimming, 8 maids a milking, 9 ladies dancing, 10 lords a leaping
[14:22] Judgement calls and manipulating the CPI
[17:13] 11 pipers piping, 12 drummers drumming
[18:00] The true cost of Christmas- in dollars
[19:08] The index- year by year, consumer inflation vs. asset inflation
[20:32] Questions and comments
[24:49] The PNC Christmas Index and George Orwell's 1984
[26:09] Back to the Index
[27:03] What's coming up on Creating Wealth
[29:27] Listen to the Holistic Survival Show
Thomas Ross Keene CFA, is a host of Bloomberg Surveillance on Bloomberg Radio, Bloomberg Television and Bloomberg Podcasts
The WEALTH TRANSFER is happening FAST! Protect your financial future now! Did you know that 25% to 40% of all dollars ever created were dumped into the economy last year??? This will be devastating to some and an opportunity to others, be sure you’re on the right side of this massive wealth transfer. Learn from our experiences, maximize your ROI and avoid regrets.
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Direct download: CW_1781_-_CPI_Christmas_Price_Index_UP_as_Inflation_SOARS_PNC_12_Days_of_Christmas_v1.mp3
Category:general -- posted at: 2:59pm EDT