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301: Will You Escape From A Depression? Inflation vs. Deflation with Richard Duncan

301: Will You Escape From A Depression? Inflation vs. Deflation with Richard Duncan

FromGet Rich Education


301: Will You Escape From A Depression? Inflation vs. Deflation with Richard Duncan

FromGet Rich Education

ratings:
Length:
48 minutes
Released:
Jul 13, 2020
Format:
Podcast episode

Description

Stocks, real estate, gold, oil, inflation rate, and interest rate valuations are all updated after the first half of the year. Housing Wire tells us rents are up in: Memphis, St. Louis, Greensboro, Jacksonville, Columbus, Tampa, Cleveland, Kansas City, and Virginia Beach. I discuss where they fell. San Francisco rents just plunged 12%. Macroeconomist Richard Duncan of MacroWatch joins us to discuss depression chances, and inflation vs. deflation. For a 50% subscription discount on Richard’s MacroWatch video newsletter, use Discount Code “GRE” at: RichardDuncanEconomics.com. Fed intervention has prevented a COVID-induced economic depression (so far). We will need more to prevent depression. Hordes of dollars can be created by the U.S. because dollars are not tied to gold. Many Americans still don’t understand this. Recent currency creation has not caused high inflation. The Fed usually hit below their 2% inflation target. Could consumer price deflation create asset inflation? Yes. I describe deflation vs. inflation as a “tug of war”.  Deflationary tugs: globalization, technology.  Inflationary tugs: currency creation. Bottom line: Be invested in something that pays you five ways like real estate. Resources mentioned: Richard Duncan’s MacroWatch newsletter: RichardDuncanEconomics.com Use Discount Code “GRE” for a 50% discount. Mortgage Loans: RidgeLendingGroup.com QRPs: text “QRP” in ALL CAPS to 72000 or: eQRP.co By texting “QRP” to 72000 and opting in, you will receive periodic marketing messages from eQRP Co. Message & data rates may apply. Reply “STOP” to cancel. New Construction Turnkey Property: NewConstructionTurnkey.com Best Financial Education: GetRichEducation.com Top Properties & Providers: GREturnkey.com Follow us on Instagram: @getricheducation Keith’s personal Instagram: @keithweinhold
Released:
Jul 13, 2020
Format:
Podcast episode

Titles in the series (100)

This show has created more financial freedom for busy people like you than nearly any show in the world. Wealthy people's money either starts out or ends up in real estate. But you can't lose your time. Without being a landlord or flipper, you learn about strategic passive real estate investing to create wealth for yourself. I'm Show Host Keith Weinhold. I also serve on the Forbes Real Estate Council and write for Forbes. I serve you ACTIONABLE content for cash flow on a platter. Our bottom line in real estate investing together is: “What’s your Return On Time?” Where traditional personal finance merely helps you avoid losing, you learn how to WIN. Why live below your means when you can expand your means? Since 2002, international real estate investor Keith Weinhold owns multifamily apartment buildings to single family homes to agricultural real estate. New episodes are delivered every Monday.