Australia Is Going Broke... They're Coming For Your Super, Your House & Your Savings

And they have this pre... uh, this supposed target of 2%, which is an absolute rubbish number because it's based off what is known as the consumer price index.

That inflation number is completely made up because every time they have a bad inflation print, they can change up what is the basket of goods and services that makes up their inflation number.

So for example-

That sounds insane

... th- well for example, uh, let's say the price of beef has gone up 24%.

They don't wanna include that or keep that in the basket, so they remove a kilo of beef and add in a kilo of tofu and say that you're getting the same amount of calories and protein, uh, but you know, it's a completely substi- different substitute good.

It's absolute rubbish.

What the real inflation number is is that if you look at the money supply, the actual expansion of the currency on issuance, and anybody can look this-

The print

...

the print

The amount that's been printed.

Yeah, and anybody can look this up.

So you can go to TradingView, which is a free app.

You can type in AUM3, and that'll bring up the existing, uh, Aussie dollar money supply, AUD money supply.

So money supply referring to how much actual money is available in AUD?

Correct, correct.

And if, since 2020, there's been a 60% increase in the amount of Aussie dollars in circulation.

Pause on that.

Pause on that.

Repeat that again.

Since 2020, 60% increase in the Aussie dollar supply, and that's why there's a cost of living crisis.

So people keep point- and you know, we keep blaming-

So what you're telling me-

...

And they have this pre... uh, this supposed target of 2%, which is an absolute rubbish number because it's based off what is known as the consumer price index.

That inflation number is completely made up because every time they have a bad inflation print, they can change up what is the basket of goods and services that makes up their inflation number.

So for example-

That sounds insane

... th- well for example, uh, let's say the price of beef has gone up 24%.

They don't wanna include that or keep that in the basket, so they remove a kilo of beef and add in a kilo of tofu and say that you're getting the same amount of calories and protein, uh, but you know, it's a completely substi- different substitute good.

It's absolute rubbish.

What the real inflation number is is that if you look at the money supply, the actual expansion of the currency on issuance, and anybody can look this-

The print

...

the print

The amount that's been printed.

Yeah, and anybody can look this up.

So you can go to TradingView, which is a free app.

You can type in AUM3, and that'll bring up the existing, uh, Aussie dollar money supply, AUD money supply.

So money supply referring to how much actual money is available in AUD?

Correct, correct.

And if, since 2020, there's been a 60% increase in the amount of Aussie dollars in circulation.

Pause on that.

Pause on that.

Repeat that again.

Since 2020, 60% increase in the Aussie dollar supply, and that's why there's a cost of living crisis.

So people keep point- and you know, we keep blaming-

So what you're telling me-

...