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What Causes Inflation To Occur In The First Place - YouTube
Channel: Loral Langemeier
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What causes inflation to occur in the聽
first place? In this video, we're going
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to talk about what causes it. We're going to聽
talk about who benefits and we're going to
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talk about some solutions and I'm going聽
to probably go on a little bit of a rant聽聽
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because this is a really irritating聽
topic when there's a few solutions.
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I'm going to talk about what drives inflation.聽
More importantly, who's benefiting? There are
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people benefiting or this would not be happening聽
and then the few industries. There's like one for聽聽
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sure and maybe two that are inflation-proof聽
and you better get there soon and it's not an聽聽
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or it used to be an or a couple months ago
it's an end. You gotta increase your income.
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So, I'm gonna give you some gift tickets to come聽
join me and earn some money. So, let's begin. So,
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what drives inflation, right? So, well, that is on the聽
consumer side it's supply-demand, right. So, that's
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the simple economic term for what drives inflation.
The production costs are increasing. You say, why?聽
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Well, the supply chains backed up. Why? Pandemic.聽
People didn't want to work. People stayed home.
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All of it was part of it but there's also political聽
agendas, let's be clear. We're not going to get
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too far into that because a lot of you will just聽
click me out right away. Some of you might love me
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more but let's talk about some of the production.
Let's talk about gas, right. I just got a new diesel
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rig. Are you kidding? Diesel's higher than fuel in
most places. Talk about airline tickets they're at
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the highest they've been I don't even remember聽
and why? Because ab gas is so expensive. Now, in
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North America alone we have enough fuel.
We have enough petroleum that we could actually聽聽
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live for over 500 almost 600 years I think as聽
a statistic. Oh, but we don't produce much here.
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We'd rather pay countries to bring it in and then聽
those of you that are buying electric cars that's聽聽
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the other side of it. Why are fuel and diesel聽
and gas prices? Why is it so high? Because they're
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pushing their electric agenda, right. So, you can聽
buy an electric car but if you guys thought it聽聽
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all through. What does it cost to get a lithium聽
battery out of the earth? What does it cost when
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it is non-recyclable? You got a front-end and聽
a back-end problem of that whole situation聽聽
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and you got a bigger problem. LA and California聽
couldn't even handle the amount of electric cars聽聽
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that were bought and there were brownouts聽
because there's just not enough to produce聽聽
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and if you want to do the windmills and the solar聽
and other those to supplement it won't be enough聽聽
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for a long time. No one's really doing the math.
Yes, I'm a gas and oil millionaire and I'm a huge fan.
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So, if that has you click out of here that would be聽
ridiculous of you because I know a lot about a lot聽聽
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of other things. So, maybe there's one thing you're聽
going to disagree with me but I got a huge voice聽聽
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for that. I've been a gas and oil millionaire聽
since 1999 and you know what? These glasses, your聽聽
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shoes, the camera that's videotaping, the computer聽
you're watching this through, I'll take petroleum.
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So, I don't know how you think this is all gonna聽
work out. It's cute, not gonna work. So, let's move聽聽
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on, inflation. Who benefits? Who benefits is the聽
investors, right? Now, they were in they were winning聽聽
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big when the stock market was on a big run but聽
it is just recently and we're videotaping this the聽聽
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end of May 2022. So, the stock market and the crypto聽
markets really taking a dive. I mean, people had had聽聽
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401ks that were in their late 50s and 60s and said聽
I'm not going back to the workforce. They're in a聽聽
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sheer freaking panic. Because now their million聽
dollars is worth maybe 400-500. I mean, depends聽聽
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on who is running their money and here's the聽
frustrating part for those of you who are all聽聽
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stock market people and don't have iFlip which by聽
the way at the end I'm going to give you a link to聽聽
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the greatest software that will pull you out of聽
the market on a decline. Like if the max I've ever聽聽
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lost is 3.3 percent. So, yes, I might sit in cash but聽
I'm not taking the dive and your financial planner聽聽
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is going to say, "Oh, but it's okay, you're in for the聽
long haul", you've got to be sick of hearing that.
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I mean, march 2020 you took the biggest dive since聽
1929 I think it was. I mean, when are you done聽聽
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with the roller coaster because your financial聽
management person isn't managing properly and聽聽
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they're getting fees of everything they come back聽
into the market. you don't make money going back
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into the market they make money coming back into聽
the market. They make money bringing you back in.
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So, again, this might be like a little bit of a聽
rant for those of you that are out there but if聽聽
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you're as irritated as I am about what's going on聽
when there are like one or two or three solutions.
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You talk about world-leading economists who
mentor聽me. There are a couple solutions that can fix it聽
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fast. No one's listening to what's going to fix聽
this fast. So, who benefits? Not you. So, what do you聽聽
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do about it? Well, before I tell you what you can do聽
about in some solutions, I need you to subscribe to
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the channel. Now, I probably divided your interest聽
a little bit, right? So, some of you a little far聽聽
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to the right, a little far to the left, I'm actually聽
here for your family. So, you got to say, "I can worry
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about all the stuff in the world but what do I聽
have control over. I have control of my household".聽聽
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So, if you want to be all electric and you want to聽
all be green well then just ignore that part of my聽聽
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conversation and pay for you know high fuel prices.
See, the interesting thing about high fuel prices聽聽
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and diesel prices and all of that for me is I'm聽
a big investor on the other side. So, I'm getting聽聽
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massive returns because the prices are so high.
So, that all balances out for those that have no
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money. So, again, subscribe to my channel we're going聽
to talk about everything from credit cards, to kids,聽聽
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to how do you bank, how do you get insurance,聽
anything about money. We're going to talk about聽聽
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here on this channel. So, you might want to ignore a聽
few things that I say that might irritate you but聽聽
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I want you to start waking up and thinking and聽
really have as my daughter says CFS common frickin聽聽
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sense. Some of this is just common sense and what's聽
supply, what's demand, how do you contribute, and for聽聽
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those of you who are really beginners. Are you聽
just a consumer or are you a creator? Meaning,
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entrepreneurs are the creators of this economy and聽
small and medium-sized businesses my next rant are聽聽
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getting pummeled in this because there's a few big聽
monopolies who should be taken off of the monopoly.
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There's laws that protect which are not being聽
protected. So, a lot of small guys and medium-sized聽聽
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guys are getting pummeled and the big guys are聽
getting wealthier. So, what is the biggest solution聽聽
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by private, right? I'm going to say by private. What聽
do i mean by that? Well, a lot of the big box stores聽聽
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they supply everything. They can all go right here聽
to your doorstep. You can also buy right to your聽聽
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doorstep so you keep the convenience but you buy聽
private. So, you buy from direct sales companies.聽
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There's only one company that I'm aware of that聽
had to do a little price increase because they聽聽
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are publicly traded and some of the direct sales聽
companies are. But the stuff I use to wash clothes,聽聽
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to well I don't but my team聽
does, do laundry, dryer sheets,
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wood floor cleaning. All those supplies we buy from聽
a direct sales company here in the United States
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it's naturally made, it's organically made, it's聽
phenomenal, and they've had no prices increases,
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and they don't plan on having them. If you're聽
interested in being on my team I'm growing that聽聽
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hugely because right now inflation is in the 8-ish聽
percent. Some people want to keep it going up.
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Some people say they want to get it to go down.
What do you get to do? You could live through it. How do
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you get to live through it? Control your money. Make聽
more of it. You all are great entrepreneurs. There's聽聽
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so many opportunities to make money right now and聽
control your spending. Not like the Suze Orman
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style of reduce your lifestyle not saying聽
that at all. Buy smart, buy where you don't聽聽
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have price increases. Do you really need to go to聽
the big box stores and buy your cleaning supplies?
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They can be delivered to your front door every 30聽
days. You use them you go through them you do it聽聽
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again. You can buy supplements that way. You can
buy聽hair products that way. You can buy clothes that
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way. There's actually not a thing that I'm aware聽
of that you can't buy through direct sales and聽聽
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the reason they can't do the price hikes and they聽
can't do the inflationary spikes is because they聽聽
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have these huge algorithms. They have downlines聽
and I'm not talking Ponzi scene. I'm talking very
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specific and sophisticated direct sales companies
where there's commission levels. They have to
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reprogram everything. They're not going to do it.
It's going to be a huge financial decision if they聽聽
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do so I am hugely moving over and been that way聽
for a while. I love direct sales company because
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I love people who have a great work ethic. You work.聽
You're going to get rewarded. You're going to have聽聽
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huge financial gains. So, again, a lot of you you聽
might not share my opinion. So, I gave some opinions
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I normally don't do. I stay away from religion and聽
politics for most of the time but it's getting a聽聽
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little irritating and hopefully, you're as聽
irritated as I am. So, the one thing I know that I'm
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going to do no matter what so you can ignore some聽
of my rant today I'm going to help you make some
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money. Before I wrap up, I just want to reinforce.聽
This was a pretty ranty divided conversation maybe聽聽
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for some of you. I encourage you to stay here聽
anyway. So, you have opinions. I have opinions.
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We don't have to have every opinion. Because聽
I'm going to be a multi-millionaire to the day聽聽
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I walk off the planet and pass it on to my kids.聽
Some of you want to be 100,000'ers. So, we're not
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going to differ on that. We have to learn money.
You got to be financially illiterate. So, that's
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the overall goal of my channel even though I have聽
opinions. Some have worked, some have not worked.聽聽
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So, what I want you to do right now is ask some聽
questions, go to askloral.com. Ask a question. Make聽聽
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a request. I'm going to send you out some tickets聽
to my event. Every three weeks I do an event and
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I'm going to teach you to make more money. It's a聽
huge part of beating inflation. I'm going to send聽聽
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you once you come to my event out to any of the聽
companies that I'm associated with that I have聽聽
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teams to support you with and get up to speed聽
making some money right away and I'm in the ones聽聽
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that are fast making money. There are some direct聽
sales companies takes a little minute to like聽聽
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really build. So, we're going to show you how to聽
do it. We'll show you how to build the database.
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You're just going to plug into my team and we're聽
going to get going. I'm also going to give you聽聽
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that iFlip app it's a place where you can park聽
for a while while the market's super volatile聽聽
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or to stay there. It's all programmed by algorithms聽
ai and smart portfolios. It takes you in and out聽聽
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of the market so you never get pummeled again.聽
It also has crypto options so you can do smart聽聽
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folios that way. So, this is a huge give right聽
because you had to tolerate a little bit of my聽聽
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rant but this is serious folks. Inflation's聽
serious, high-interest rates are serious,聽聽
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and you have a couple ways to defend yourself.聽
So, I hope you do and I'll talk to you tomorrow.
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