Channel: BeatTheBush

Category: Howto & Style

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Description: Inflation can eat into your retirement plan and even derail it. ► Cellphone Plan I use for only $15/month: mintmobile.com/bush ► Get 2 FREE stocks valued up to $2300 and $5 of SHIBA INU: bit.ly/2XwlcQ4 ► Bank Anywhere in the World with a VPN: bit.ly/3G31YsL ► Get $10 of FREE Bitcoin with $100 Purchase at Coinbase: bit.ly/3AXRUNJ ► Protect your Cryptos with a Hardware Wallet: bit.ly/3ldMbyR ► Get a FREE Finance Audio Book: bit.ly/2Z4RrN7 ► Early Notice of When I Buy or Sell: patreon.com/BeatTheBush ► Build Credit with no Credit by Self Lending: self-lender.3qcw.net/YYZBP ► Products on Amazon I recommend: amazon.com/shop/BeatTheBush ► Channel T-shirt, Honey Badger T-shirt: bit.ly/2FBAeLA CPI stands for consumer price index. It is used in many economic metrics such as Real GDP of the country, calculation of social security payouts, and even TIPS (Tresaury Inflation Protected Securities). TIPS is supposed to be protected against inflation but if CPI does not properly track real inflation, then the protection is just an illusion. Hence, how CPI is calculated can affect a lot of real world payouts and the way it is calculated and cause it to be higher or lower than actual inflation that the consumer feels. It is probably safe to say that the past few years, inflation has been a lot higher than 2%. CPI currently shows it has spiked up to 5.4% in September of 2021 but even this increase is a bit optimistic. Most Updated Other Channels: BTB Foods: youtube.com/c/BeatTheBushFoods BTB DIY: youtube.com/c/BeatTheBushDIY BTB Tesla: youtube.com/c/BeatTheBushTesla BTB Tech: youtube.com/c/BeatTheBushTech BTB Travel: youtube.com/channel/UCC79sZopqW55wsHvpcdCZ-w BTB ASMR: youtube.com/channel/UCtDb1N3BjoGPqZX5JZmiT-A #CPI #inflation #FIRE