Gavelson identifies as an 'inflationista' and believes inflation is an ongoing problem; official US inflation of 2.5-3% understates true inflation because medical insurance is reported as cheapest in 20+ years, auto insurance is rising due to car prices increasing from tariffs, property taxes are up 25% in Toronto over 5 years with 6.9% increases in 2025, and food inflation is perpetually high.
factualpending
Speaker
Louie GavelsonEvidence Quote
“I think uh probably all your listeners yourself we all feel like it's higher than the 2 and a half 3% than than we're being told. Um, and yes, partly it's because of the things you highlighted like insurance cost. You know, my favorite data point is that in the US, if you look at medical insurance, supposedly officially medical insurance is in nominal terms, not in real terms, in nominal terms, it's the cheapest it's been since 1999. [19:46]”
Source
Louis-Vincent Gave: The Dollar’s Breaking? China’s Winning? The End of U.S. Dominance?— WealthionCreated: 8/11/2026, 7:21:20 AM
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