Did you think that inflation only makes you poorer?
Learn many simple examples about how inflation makes you wealthy.
Here’s a clue: inflation impoverishes savers and enriches debtors.
MacroEconomist Richard Duncan joins us. He predicts the future direction of inflation and interest rates.
Learn the difference between RE appreciation and RE inflation.
Richard tells us why “money printing” no longer equals inflation.
Globalization could be reversed. This pushes inflation higher.
Richard tells you how to act in response to what’s coming.
Richard’s brilliant economic work is at RichardDuncanEconomics.com. Get 50% off a MacroWatch subscription with the Discount Code “GRE”.
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1) Grab my free E-book and Newsletter at: GetRichEducation.com/Book
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Listen to this week’s show and learn:
01:03 I used to ask myself how RE investing could be any good.
02:18 Signs of consumer inflation.
04:05 Simple examples of how inflation makes you wealthy.
07:41 Financial forces you can and cannot control.
11:30 Is some inflation good?
13:40 Appreciation vs. Inflation.
15:16 Why “money printing” no longer equals inflation.
24:20 How globalization could reverse, stoking inflation. Tariffs, trade war.
27:27 Richard tells you how to act in response to what’s coming.
31:06 Richard’s brilliant economic work is at: RichardDuncanEconomics.com. Get 50% off a MacroWatch subscription with the Discount Code “GRE”.
32:32 My summary of Richard’s interview.
Resources Mentioned:
MacroWatch – Use code “GRE” for 50% off
How You Can Profit From Inflation
Inflation Calculator
Cash Flow Banking: ProducersWealth.com
Mortgage Loans: RidgeLendingGroup.com
Apartment Investor Mastery: BradSumrok.com
Find Properties: GREturnkey.com
GRE Book: 7 Money Myths
Education: GetRichEducation.com
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Great Video! I boycott everything that inflates! Money supply DOES determine the inflation rate, but it doesn't happen immediately so it doesn't appear to control the rate. It takes some time for the money supply to filter into the economy and then it affects the inflation rate. Plus, inflation is not the same as asset inflation. You have to separate commodity inflation from asset inflation and CPI inflation. If you read a headline stating that inflation is rising, you have to find out what kind of inflation is rising, because the other two types of inflation might be falling while that specific inflation is rising. Or, they all 3 can be rising or falling at the same time.