Wages don't keep up with REAL inflation

littlesweetie
2023-12-21

$NASDAQ(.IXIC)$ $Nasdaq100 Bull 3X ETF(TQQQ)$ $Nasdaq100 Bear 3X ETF(SQQQ)$ $Invesco QQQ Trust-ETF(QQQ)$ $NASDAQ 100(NDX)$

The official inflation data from BLS lowballs real inflation by at least 33-50% from looking at goods & services data for last 2.5 decades[real world prices].

Which is why you have to have all your money in hard assets[real estate, stocks, commodities]or you will be wiped out in debasement! The BLS and FED have made 14 changes to how it measures inflation since 1981 [and every change to get official inflation number lower].

No doubt that technology has lowered inflation some but not the extent of the BLS data proven for over decades by looking at real world prices. The two greatest beneficiaries of interest rate suppression since 2009 M-2 low has been real estate and tech stocks to 2020 high.

The government will almost NEVER pay you the real interest[inflation rate] rate, so get yourself out of cash as fast as possible. Because most peoples salaries [buying power] goes down every year as their wages don't keep up with REAL inflation.

How will S&P close at the end of 2023?
S&P 500 dived on Wednesday but then rebound on Thursday. Some believe the expected correction has finally arrived. Others say vacation starts tomorrow and all the traders liquidated their positions. ------------------------ How will S&P close at the end of 2023? A short-term correction or a santa rally?
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