60 min listen
105: America’s Largest Wealth Transfer Has Begun, Are You Ready? w/Chris Martenson
FromOn The Market
ratings:
Length:
56 minutes
Released:
May 19, 2023
Format:
Podcast episode
Description
The most significant wealth transfer in American history could be upon us. As money-printing mania continues worldwide, dollars (and most other currencies) are worth less and less, while tangible assets, like real estate, are worth more. This is bad news for the average American, with most of their wealth trapped in a bank account or stock portfolio. If the most commonly used assets, like bonds, equities, and cash, become worthless, what happens to America?
To help answer this seemingly unfathomable question is Chris Martenson, CEO of Peak Prosperity. Chris spent his early career working for some of the largest corporations in America, but after bubbles started to burst in the early 2000s, he took a look into the inner workings of the American economy. What initially started as a simple interest became an all-consuming quest to understand why political executives and massive institutions like the Federal Reserve were making irrational choices for the American people.
In today’s show, Chris uncovers the truth behind quantitative easing, money-printing, and the Fed’s consistent financial swerving. He’ll also explain why bubbles are starting to burst in today’s economy, how interest rates had a large part to play in inflation, the new reality of de-dollarization, and why we may be on the cusp of the largest wealth transfer in American history. If Chris is correct, we could enter an entirely new era of the economy, one that only a few of us will thrive in.
In This Episode We Cover
Money-printing and the true effects of the Fed’s massive quantitative easing
Asset price bubbles and which are the closest to bursting in 2023
Interest rate hikes and how they’ve contributed to hideous inflation
De-dollarization and how America’s wealth could be at risk if USD loses its global status
Defaulting on the US debt and what happens if the government can’t pay its bills
The new American wealth transfer and why only these “productive” assets will survive
The most important “capital” anyone can have if/when the economy breaks down
And So Much More!
Links from the Show
Find an Agent
Find a Lender
BiggerPockets Forums
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Join BiggerPockets for FREE
On The Market
Join the Future of Real Estate Investing with Fundrise
Connect with Other Investors in the “On The Market” Forums
Subscribe to The “On The Market” YouTube Channel
Dave's BiggerPockets Profile
Dave's Instagram
James' BiggerPockets Profile
James' Instagram
Commercial Real Estate Could Crash, But Are Everyday Investors Impacted?
The BIG Economic Implications of US Bank Failures
Get Real Estate Market Insights from Cohen & Steers
Connect with Richard:
Richard's LinkedIn
Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-105
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.
To help answer this seemingly unfathomable question is Chris Martenson, CEO of Peak Prosperity. Chris spent his early career working for some of the largest corporations in America, but after bubbles started to burst in the early 2000s, he took a look into the inner workings of the American economy. What initially started as a simple interest became an all-consuming quest to understand why political executives and massive institutions like the Federal Reserve were making irrational choices for the American people.
In today’s show, Chris uncovers the truth behind quantitative easing, money-printing, and the Fed’s consistent financial swerving. He’ll also explain why bubbles are starting to burst in today’s economy, how interest rates had a large part to play in inflation, the new reality of de-dollarization, and why we may be on the cusp of the largest wealth transfer in American history. If Chris is correct, we could enter an entirely new era of the economy, one that only a few of us will thrive in.
In This Episode We Cover
Money-printing and the true effects of the Fed’s massive quantitative easing
Asset price bubbles and which are the closest to bursting in 2023
Interest rate hikes and how they’ve contributed to hideous inflation
De-dollarization and how America’s wealth could be at risk if USD loses its global status
Defaulting on the US debt and what happens if the government can’t pay its bills
The new American wealth transfer and why only these “productive” assets will survive
The most important “capital” anyone can have if/when the economy breaks down
And So Much More!
Links from the Show
Find an Agent
Find a Lender
BiggerPockets Forums
BiggerPockets Agent
BiggerPockets Bootcamps
Join BiggerPockets for FREE
On The Market
Join the Future of Real Estate Investing with Fundrise
Connect with Other Investors in the “On The Market” Forums
Subscribe to The “On The Market” YouTube Channel
Dave's BiggerPockets Profile
Dave's Instagram
James' BiggerPockets Profile
James' Instagram
Commercial Real Estate Could Crash, But Are Everyday Investors Impacted?
The BIG Economic Implications of US Bank Failures
Get Real Estate Market Insights from Cohen & Steers
Connect with Richard:
Richard's LinkedIn
Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-105
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.
Released:
May 19, 2023
Format:
Podcast episode
Titles in the series (100)
5: Cash Flow is Starting to Disappear: Is It Even Worth Chasing?: Cash flow vs. appreciation has been a fiercely fought debate between many real estate investors for decades. Cash flow investors love to tout the fact that consistent rental property profits allow you a life of freedom, while appreciation investors argue that cash flow doesn’t build wealth, it merely keeps you treading water. There’s arguably no better panel to ask about this topic than America’s best wholesaler, investor, and flipper trio—James Dainard, Jamil Damji, and Kathy Fettke. James, Jamil, and Kathy have a view on the appreciation vs. cash flow topic that most investors don’t possess. All three of these investors have bought, sold, and held real estate before, during, and after the great recession, meaning they aren’t subject to the 2020 and beyond “hot housing market” stigma many new investors fall into. They’ve seen what a good, bad, and ugly housing market can look like, and, unsurprisingly, they reach almost by On The Market