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Transcript
00:00I tell them not to worry about inflation, which I don't know.
00:04I hate it. Don't worry about it.
00:06I don't know. I hate inflation, but I tell them not to worry about it because there's plenty of things I hate, but I try not to worry about.
00:12OK, and so let's talk about why. Then I try to explain why.
00:16And like I said, I don't know if I get anywhere with that, but but this is why.
00:20First of all, what are the components of inflation?
00:24OK, and we'll we've got a Pew Research poll out.
00:29About what are the components? Number one, housing.
00:34All right. We encourage people to own a house.
00:38A lot of people in retirement have even paid off their house.
00:41Right. You know, which will go. We're 50 50 on.
00:44Right. OK, so but at any rate, you have the biggest component of inflation.
00:53Is not getting inflated for you.
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