China Moves In, Billionaire Exodus, and the Minnesota Insurrection: Are We Headed for Collapse? | Tom Bilyeu Show
We see this little thing over here and because we don't have enough data, we run this fancy math equation and we think that this is what it's gonna be.
China Moves In, Billionaire Exodus, and the Minnesota Insurrection: Are We Headed for Collapse? | Tom Bilyeu Show
And by bypassing the outdated tricks that often make official CPI numbers look hotter and are definitely farther behind, they're hopefully able to get closer to the on the ground reality.
China Moves In, Billionaire Exodus, and the Minnesota Insurrection: Are We Headed for Collapse? | Tom Bilyeu Show
Truflation's primary index calculates their number by comparing the current cost of a basket of goods this is what people normally do with CPI to the same day one year ago so that's what these numbers are so we went from I think 1.7 to 1.55 but it's year over year and they're updating daily with real-time data from over 13 million items across various sources while users can derive month over month or other intervals from the underlying data the headline percentage that Truflation
China Moves In, Billionaire Exodus, and the Minnesota Insurrection: Are We Headed for Collapse? | Tom Bilyeu Show
If that accurately reflects the economy more than the Bureau of Labor Statistics lagging 2.7, this could signal that inflation is cooling faster than official metrics suggest.