Most People Are One Paycheck Away From Losing Everything Rent Is High Inflation Up Again No Hope

➡ The cost of living is going up, with prices for things like food, rent, and gas increasing. This is due to inflation, which is when the value of money goes down and prices go up. Fast food restaurants are raising their prices, and people are noticing and complaining. This is happening because the ingredients and labor to make the food are getting more expensive, and some people are choosing to cook at home instead to save money.

Cost of living, rising rent, groceries, gas, strawberries, bananas, meat, potatoes, hoes. They all saying that they, they worth more than they really are. The potatoes and the hoes. You can’t even get no good box for $40 no more. Everybody’s got inflation. I was looking at a video today that people had sent me inside of my email to review, and the girl was telling, was telling other girls on TikTok that some guy had came in her life and she met him at the bar, and now all of a sudden, he’s whisking her off her feet.

Now, this chick, in my opinion, was what we would call a former sex worker, meaning that she was out here giving away the box for food. And now she’s saying that the price of the brick is going up because some simp found her inside of a hotel bar, decided that he wanted to make her the love of his life, and now he out here paying for the box.

And so now you got all of these women inflating the price of the brick. It’s not just what Biden is saying. They said that they all getting, getting raises. If the McDonald’s workers can make $20 an hour, how come she can’t make more money? She said, I’m saying I’m shaking it for a real one. Inflation is upon us. I thought that we had saw for this. I thought that the Fed’s raising rates was also going to lower the price of the brick.

Across the board, we were resetting our standards and we were putting things back in perspective. But no, no, that’s not what’s happening. What’s happening out in these streets is fast food rent. Everything is going up, and people are complaining. Consumers are getting a little salty about those fast food meals. Since when is drive thru like a minimum of $30 for two people to eat? New inflation data this week confirms that prices at fast food restaurants are on the rise.

And consumers, well, they’ve taken note. It’s getting out of hand out here, bro. I’m gonna have to just start eating ramen noodles like college again. So why the price increases? In addition to pricier ingredients, labor costs have also been on the rise. The prices are increasing at a rate that we haven’t seen, really in modern restaurant industry. So much so that McDonald’s has said it’s noticing lower income consumers turning away from Big Macs and, and opting to cook at home.

With food prices at fast food restaurants 5% higher than this time last year, consumers are turning to groceries, where prices have risen at a slower 1. 2% in Orlando, Brooke Benson used to be a super fan of Panera bread. For twelve years, she used to go three to four times a week. An outpost near her house showed prices at almost $9 for a bowl for the same soup that cost her about $7.

03 years ago. If I’m going to spend that eight, $9, I’d rather get like a sandwich or something for my family and versus just me getting a bowl of soup. Panera did not respond to requests for comment. Fast food companies operating on a franchise model insist that prices are up to their franchisees to set, which explains why prices may vary by location. The franchisor looks at this consumer backlash and is concerned about what this means for their customer base and revenues.

And, you know, and I can tell you, you know, restaurant sales in the back half of last year definitely slowed down for sure. But consumer backlash may push companies to back off of attempts to pass on costs to consumers following the social media uproar sparked by wendy’s plans for dynamic pricing and $40 more at 03:00 a. m. That’s crazy, bro. It’s so insane that now we’ve gotten to the point to where you got different restaurants wanting to adjust a pricing like they Uber and Lyft.

Surge pricing. You just got out of the club, you drunk, you want a little junior bacon cheeseburger. We gonna have dynamic price and it’s actually gonna raise the price of the brick, the price of a burger based off of the time that you buying it. That’s insane. That is absolutely crazy. I never. I would have never thought a day in my life that we would get to the point to where they’re considering dynamic pricing.

Depending on the time that you actually buy your food, we know you want it. Wendy’s later clarifying it would not use surge pricing like rideshare apps, which increase prices during high demand times. Companies like Chili’s are trying to advertise meal deals for under $11, taking direct aim at competitors as consumers look for savings. So, Brian, I mean, when it comes to these, these price hikes that so many folks are seeing at so many different fast food restaurants, are there any particular, particular menu items that we should be on the lookout for? Yeah, and McDonald’s insists that for franchisees, they’re the ones that set the pricing.

But they say that their apps, no matter where you go, can often, oftentimes offer coupons or other types of deals. Also, look at meal deals if you’re buying for the whole family. And then lastly, of course, you can turn to any sort of coupons online, maybe try to plan ahead of time to see if you can get some deals. Check this out. So in addition to fast food, they saying that inflation across the board, meaning that the cost of you being able to live your everyday life has gone up and the value of the dollar continues to go down.

And this is right before election time. This is not the news that Biden want to give you all. It comes as no surprise to anyone paying for food, rent or gasoline that prices are higher. With march inflation higher than predicted, there are new doubts on the Fed’s goals to lower interest rates. It is a hot print and it is sticky. There is no, again, there’s no indication that these rates are going substantially lower anytime soon.

That means buyers will continue to pay higher interest on things like home and car loans. So what’s causing it? It’s simply the government spending too much money because the government also controls our currency and that’s a deadly combination. So in addition to the higher prices that comes with you doing the everyday things that you do, we also have the value of the dollar going lower because we continue to print more money and then we’re spending on all things that actually is not helping the economy or helping the american people.

What you say? How about a migrant crisis? How about another war? Ukraine? How about Israel? How about Taiwan? How about Dolatin, Illinois? How about Chicago? How about New York? How about surge pricing and gig workers making dollar 20 an hour? How about what’s going on over in California where a minimum wage workers are now making 20 plus dollars an hour and that’s going to continue to go up over a period of time.

How about the national debt and a ceiling continuing to go up, which means that your loan costs because the Fed is trying to do something that the federal government can’t do themselves. And so the Fed continues to raise rates in order to inflict pain on you to try to keep inflation in control. And so now when you guys go out, because home prices is already too high, mortgages is too high, the rent is too high, and now people are less.

They don’t even have as much incentive to compete against institutional investors. Which institutional investors? Large companies are buying up the majority of property and then renting it back to you guys. And so now it’s actually cheaper to rent than you being incentivized to go and buy your own home because the interest rates is too high. And then you won’t even be getting any equity in your property unless the property itself appreciate because you’re not actually paying on a principal because all of your payments is going to the interest.

The first ten to 15 years of you owning the mortgage. And so across the board, and I’ve been saying this since the beginning of time, is four things that people are looking for and they’re trying to solve for financially and then personally, in order for them to be able to live their life as an american, in order for you to be able to acquire the american dream. Look, look.

I don’t even know how y’all doing it. I genuinely don’t know how regular people, regular everyday people that go to work every day, can survive while also living a fruitful life on their own with no help whatsoever. I don’t get it. Yo, listen, I see all of the seats at the concert sold out. I be seeing people taking all of these crazy trips, and they be spending all of this money, and y’all keep flying back and forth to this foreign country and Dubai and stuff.

And I’m thinking to myself, oh, wait a minute. I’m investing vigorously. I’m continuously putting money into my 401K. I’m continuing to invest in real estate and building businesses, and I make a crazy amount of money. I have a phenomenal job, and I have eight sources of income coming in, and I still operate off of a budget. And so if I’m operating off of a budget and I’m paying attention to what’s going on out here in these streets, how is everybody else just out here just having a good time and just getting it? Honestly, I’m genuinely.

I have not figured out the life hack yet. I have not figured out the life hack yet. Everybody just out here getting it. They running it up. They get into the bag now. Y’all don’t even go to Louis Vuitton anymore. Y’all go to Hermes and Chanel. I said, when y’all start graduating from Teemu, I thought y’all was still on Teemu. I thought y’all was still getting y’all bags from China.

Fake bags. They said, no, man, listen, I went to the. I went to Somerset, which is like the best mall here in Michigan, and I seen a line outside of the Louis Vuitton store. I said, where all of these people getting all of this money? I thought we was in a inflationary recession. Who getting this type of money? I said, we all just. We all just win and we all just run another bag, everybody.

Because when I look at the data, they said that it’s more foreclosures, everybody losing a home, people getting kicked out for the rent moratorium repos is on the rise. Ain’t nobody. Can’t nobody afford a car because the average car loan is like $1,000 per car. I said, well, who’s doing all of the shopping and who doing all of this tricking? Women keep telling me that men is out here tricking and paying for their lifestyle.

I said, I work my butt off every day, and I know what my bank account is crazy like. And I’m very, very mindful of how it is that we spend in our money. We go over with a fine two cone, where is the money going and how is it going that way? Who are these people, hopo, that’s spending all of this money and running it up? How people don’t be having $13 to their name, but they be on a flight somewhere like, jeez, lord, are we doing something wrong over there? Crazy.

The typical american household spends $270 more per month on everyday goods than one year ago, and over $1,000 per month more from three years ago, before inflation shot up to over 9% in 2022. The rising prices mean more Americans are using credit cards than ever before. The average household, Marissa, is about $11,000. All combined are nationwide. Out. I know I ain’t crazy. I know I ain’t crazy. Marisha, listen, I went to go look at a g wagon, the g 63.

Thank God I waited. I wouldn’t look at a g 63. They said, anton, the demand is so high that we’re going to have to tack on $50,000 extra on top of the purchase price for you to be able to get a g 63. I said, I know you lie. Listen, I like exclusivity, but I know you lie. Seven. Anton, it’s a vehicle above a certain amount of pounds, and you’re able to write it off on your taxes.

I said, I know you lying. Look, look. Got me once. You’re not going to get me again. Who are these people that’s paying $50,000 above asking to the dealer to get them a g wagon? So now you lying. Outstanding credit card debt is a staggering new high, $1. 3 trillion. Most troubling is that nearly half of users can’t pay their monthly balance. It means specifically that people are relying a lot on credit to get by month to month, and that is a not a great long term tactic.

That’s because most annual percentage rates hover around 21%. Y’all carrying credit card debt month over month at an interest rate of 21%. I know you lied. Look, I have a zero balance every single month. Zero balance every single freaking month. No way, no how. I’m gonna read y’all super chests from the ones that I missed too. No way, no how. Every single month. I have a zero balance every single month.

How are these people just out here just winging it, flinging it, going and getting it? And that’s the end of the conversation. It’s weird to me. It’s genuinely weird to me. I have no idea how these people because even if you spend credit on you, you still got to make payments for it. And you’re not even putting down the interest. You’re not even putting down the interest. Snowball very quickly because of the interest rates.

A recent survey found one in four americans feel very stressed about their credit card debt. You can get in over your head very quickly with credit cards. Sometimes you can avoid the pitfalls. You can get a credit card that has a 0% APR on it and you can do a balance transfer or ask. Talk to your lenders or your credit card companies. Give them a call if you can’t.

If you can’t pay your bills on time, they want to work with you. In some cases, companies will reduce the minimum payment interest rate and fees as well as offered a structured payment plan. Lori Johnson, CBN News Let me tell you something, man. The four things that people are really paying attention to, not the things that you’re getting distracted by. They’re going to tell you to get distracted by the police shootings.

They’re going to tell you to get distracted by the abortion laws. They don’t try to play on your emotions in order to get you to vote a certain way. But let me tell you something. There’s four things that people are paying attention to in their personal lives that’s affecting their everyday struggles. First thing is homelessness. Ain’t nobody trying to be living van life and people are trying to tired of trying to live in a tiny home.

People need a place to stay and it’s costing them a lot for them to be able to survive. That’s number one. Number two, migrant crisis. People are concerned about the fact that we continue to spend a whole lot of resources and ain’t none of them going to protecting the border, but it’s going to give them hotel rooms. That’s number two. Number three, people want to have love, they want a relationship.

And that conversation is forever going to be a big conversation because people want to know the solution of what it takes in order to be successfully married. Real talk and then regular inflation and cost of living you want to go, be able to do what you want to do, go where you want to go, get rid of the debt, buy some groceries and then sleep well at night.

Those are the four things. Don’t get distracted. They absolutely, positively are distracting you all with things that’s not best for you all in order to keep you under the thumb lock and key. .

See more of The Millionaire Morning Show w/ Anton Daniels on their Public Channel and the MPN The Millionaire Morning Show w/ Anton Daniels channel.