1 00:00:00,200 --> 00:00:03,600 Speaker 1: Inflation is robbing you blind, and no politician or president, 2 00:00:03,640 --> 00:00:05,960 Speaker 1: as much as they want your votes and they tell. 3 00:00:05,840 --> 00:00:07,920 Speaker 2: You they can, they can't save you. 4 00:00:08,119 --> 00:00:12,240 Speaker 1: We've seen homes, gas, groceries, they're all getting more expensive. 5 00:00:12,280 --> 00:00:14,800 Speaker 1: And while many are hoping for prices to come back down, 6 00:00:15,120 --> 00:00:17,200 Speaker 1: you know, maybe you'll get another chance to get back in. 7 00:00:17,520 --> 00:00:19,680 Speaker 3: Here's the bad news. It's not going to happen. 8 00:00:20,040 --> 00:00:22,119 Speaker 1: And it's not because of you know, who's in the 9 00:00:22,120 --> 00:00:24,360 Speaker 1: White House or going in the White House. It's because 10 00:00:24,400 --> 00:00:27,440 Speaker 1: of how the entire system is set up and how 11 00:00:27,440 --> 00:00:31,040 Speaker 1: it works, and how we even have the projections to 12 00:00:31,080 --> 00:00:32,280 Speaker 1: see where all this goes. 13 00:00:32,320 --> 00:00:33,280 Speaker 2: But here's the good news. 14 00:00:33,440 --> 00:00:36,599 Speaker 1: There's a simple move that most people miss because your 15 00:00:36,720 --> 00:00:38,519 Speaker 1: financial advisor is basically. 16 00:00:38,159 --> 00:00:41,240 Speaker 2: Holding back and this simple move could change everything. 17 00:00:41,280 --> 00:00:44,480 Speaker 1: It could make everything cheaper for you, even as prices 18 00:00:44,680 --> 00:00:46,560 Speaker 1: keep climbing. So in this video, I'm going to break 19 00:00:46,600 --> 00:00:49,640 Speaker 1: down why prices they're not going to drop. I'm going 20 00:00:49,720 --> 00:00:52,400 Speaker 1: to talk about where they're going, where I project them 21 00:00:52,400 --> 00:00:55,720 Speaker 1: to go, the hidden cause of inflation that no one's 22 00:00:55,920 --> 00:00:58,880 Speaker 1: seemingly talking about, and the single strategy that you could 23 00:00:59,000 --> 00:01:02,040 Speaker 1: use to make your life life more affordable. As even 24 00:01:02,080 --> 00:01:05,119 Speaker 1: things continue to get more expensive for everybody else. 25 00:01:05,640 --> 00:01:06,240 Speaker 2: So let's go. 26 00:01:08,400 --> 00:01:11,720 Speaker 1: All right, so the next president is here and they're 27 00:01:11,720 --> 00:01:14,200 Speaker 1: gonna save us from inflation. Right, it was like the 28 00:01:14,280 --> 00:01:17,480 Speaker 1: number one issue with voting, right, Well maybe not. As 29 00:01:17,520 --> 00:01:22,520 Speaker 1: a matter of fact, was inflation all Biden's fault? Was 30 00:01:22,520 --> 00:01:25,400 Speaker 1: it the Biden administration's fault or is it a fault 31 00:01:25,480 --> 00:01:27,679 Speaker 1: of the entire system? Now, Biden did pass something called 32 00:01:27,680 --> 00:01:31,080 Speaker 1: the Inflation Reduction Act that was the exact opposite of 33 00:01:31,120 --> 00:01:33,480 Speaker 1: reducing to inflation, and in fact, it created a ton 34 00:01:33,520 --> 00:01:37,240 Speaker 1: of inflation. However, it's not really the president's fault. 35 00:01:37,240 --> 00:01:37,440 Speaker 2: Now. 36 00:01:37,600 --> 00:01:39,920 Speaker 1: Trump, of course, was running on a campaign to save 37 00:01:40,000 --> 00:01:42,360 Speaker 1: us from inflation, and we have a couple of headlines 38 00:01:42,360 --> 00:01:45,120 Speaker 1: here that talk about both sides of that. So, for example, 39 00:01:45,760 --> 00:01:49,400 Speaker 1: it says here why Donald Trump's promise to defeat inflation 40 00:01:49,920 --> 00:01:53,120 Speaker 1: is harder than it sounds. It's harder than it sounds, 41 00:01:53,160 --> 00:01:56,000 Speaker 1: because again, it's not about who the president is. It's 42 00:01:56,040 --> 00:01:58,200 Speaker 1: about the system that we're in. But it could even 43 00:01:58,440 --> 00:02:03,000 Speaker 1: actually be worse. Headlines right here that say Trump's economic 44 00:02:03,040 --> 00:02:07,640 Speaker 1: plans would actually worsen inflation, experts say. And so the 45 00:02:07,680 --> 00:02:10,040 Speaker 1: problem is, first of all, is understanding the word inflation 46 00:02:10,440 --> 00:02:12,639 Speaker 1: and then the mechanics of that. But don't worry, I'm 47 00:02:12,680 --> 00:02:15,320 Speaker 1: going to show you how regardless of what the president does, 48 00:02:15,440 --> 00:02:17,839 Speaker 1: there's a way we could save ourselves. 49 00:02:18,120 --> 00:02:18,520 Speaker 2: All right. 50 00:02:18,560 --> 00:02:20,640 Speaker 1: I can't save the system, not right now, but we 51 00:02:20,680 --> 00:02:22,519 Speaker 1: can save ourselves pretty quickly. 52 00:02:22,639 --> 00:02:24,480 Speaker 2: So let's take a look at exactly what's. 53 00:02:24,320 --> 00:02:26,000 Speaker 3: Going on so you can understand the situation. 54 00:02:26,360 --> 00:02:28,880 Speaker 1: So one of the famous economists, i think it was 55 00:02:28,919 --> 00:02:31,640 Speaker 1: rothparts that it's the economy stupid, and I'm saying, well, 56 00:02:32,360 --> 00:02:34,800 Speaker 1: it's the money stupid. And so as a matter of fact, 57 00:02:34,800 --> 00:02:36,600 Speaker 1: there's a couple of things that we have to understand. 58 00:02:36,600 --> 00:02:39,560 Speaker 1: First of all, they change the definition of the word 59 00:02:39,600 --> 00:02:43,160 Speaker 1: inflation in about the fifties. Ludwig von Nisis we have 60 00:02:43,200 --> 00:02:45,239 Speaker 1: a big talk, and he said, they're changing the definition 61 00:02:45,280 --> 00:02:47,880 Speaker 1: of the word so that they can confuse you and you. 62 00:02:47,800 --> 00:02:49,200 Speaker 3: Don't understand things properly. 63 00:02:49,280 --> 00:02:52,120 Speaker 1: So if you think about inflating the tire or inflating 64 00:02:52,160 --> 00:02:55,040 Speaker 1: a balloon, you would think about increasing the volume of 65 00:02:55,120 --> 00:02:57,959 Speaker 1: air in that tire or balloon. And so when we 66 00:02:58,000 --> 00:03:00,800 Speaker 1: talk about inflation, we're talking about inflating or increasing the 67 00:03:00,840 --> 00:03:03,320 Speaker 1: volume of money in the economy, not. 68 00:03:03,680 --> 00:03:05,480 Speaker 2: The prices, but we'll get back to that. 69 00:03:05,639 --> 00:03:07,760 Speaker 1: So let's look at a couple indicators, a couple of 70 00:03:07,800 --> 00:03:10,680 Speaker 1: metrics that we need to understand. So number one, we 71 00:03:10,760 --> 00:03:13,600 Speaker 1: have the FED balance sheet, all right, so this is 72 00:03:13,639 --> 00:03:15,640 Speaker 1: the Federal Reserve, their balance sheet what they have. 73 00:03:15,760 --> 00:03:17,560 Speaker 2: And then the amount of money in the. 74 00:03:17,600 --> 00:03:20,560 Speaker 1: United States with the USM two, and I've put both 75 00:03:20,600 --> 00:03:21,600 Speaker 1: of them on the screen. 76 00:03:21,639 --> 00:03:21,839 Speaker 2: Here. 77 00:03:21,880 --> 00:03:24,040 Speaker 1: We have from about two thousand and two to two 78 00:03:24,080 --> 00:03:26,400 Speaker 1: thousand and three, and you can see the FED balance 79 00:03:26,400 --> 00:03:28,800 Speaker 1: sheet sort of like on this trajectory and then it 80 00:03:28,880 --> 00:03:31,040 Speaker 1: kind of goes up and up and up. All right. 81 00:03:31,120 --> 00:03:35,080 Speaker 2: The blue line is us M two right now. 82 00:03:35,120 --> 00:03:37,120 Speaker 1: What we can see is that both of them are 83 00:03:37,160 --> 00:03:40,360 Speaker 1: going up rapidly right here. There was a big abrupt 84 00:03:40,360 --> 00:03:43,000 Speaker 1: turn in two thousand and eight where the FED balance 85 00:03:43,000 --> 00:03:45,520 Speaker 1: sheet really exploded, and we can see again in twenty 86 00:03:45,560 --> 00:03:48,560 Speaker 1: twenty it went up even faster. Of course USM two 87 00:03:48,600 --> 00:03:50,720 Speaker 1: went up as well, and so we can see those 88 00:03:50,800 --> 00:03:51,640 Speaker 1: numbers going up. 89 00:03:51,800 --> 00:03:54,000 Speaker 2: But it's not just the US need to be looking 90 00:03:54,040 --> 00:03:54,280 Speaker 2: at now. 91 00:03:54,320 --> 00:03:55,480 Speaker 3: Of course, the dollar is. 92 00:03:55,440 --> 00:03:57,640 Speaker 2: The reserve currency of the world and it sort of 93 00:03:57,680 --> 00:03:59,400 Speaker 2: sets the policies for the rest of the world. 94 00:03:59,480 --> 00:04:01,760 Speaker 3: But look at it from a global level. 95 00:04:01,800 --> 00:04:02,280 Speaker 2: As well. 96 00:04:02,560 --> 00:04:05,560 Speaker 1: And so here is global M two and what we 97 00:04:05,560 --> 00:04:07,760 Speaker 1: can see is sort of the same thing. Here around 98 00:04:07,800 --> 00:04:09,640 Speaker 1: two thousand and eight we can see it went up, 99 00:04:09,920 --> 00:04:12,680 Speaker 1: and here in twenty twenty we can see a massive 100 00:04:12,840 --> 00:04:15,640 Speaker 1: increase in the global money supply. Now it's important to 101 00:04:15,760 --> 00:04:17,880 Speaker 1: understand these two numbers. If we take a look at it, 102 00:04:17,920 --> 00:04:21,840 Speaker 1: actually just since twenty twenty, we saw global M two 103 00:04:22,600 --> 00:04:25,880 Speaker 1: from twenty twenty till now about a four year period, 104 00:04:26,640 --> 00:04:30,239 Speaker 1: went up by thirty one and a half percent, thirty 105 00:04:30,279 --> 00:04:32,440 Speaker 1: one and a half percent increase in the money supply. 106 00:04:32,720 --> 00:04:34,760 Speaker 1: If we look at the FED balance sheet, it went 107 00:04:34,839 --> 00:04:37,880 Speaker 1: up by sixty seven percent in the same period over 108 00:04:37,920 --> 00:04:41,159 Speaker 1: the last four years, and the US M two money 109 00:04:41,200 --> 00:04:42,480 Speaker 1: went up forty percent. 110 00:04:42,760 --> 00:04:46,480 Speaker 2: So Global M two and USM two both. 111 00:04:46,279 --> 00:04:49,279 Speaker 1: Are up about thirty six to forty percent, about forty percent, 112 00:04:49,320 --> 00:04:51,800 Speaker 1: let's call it that, whereas the FED balance sheet went 113 00:04:51,839 --> 00:04:55,000 Speaker 1: up by almost seventy percent. So there's a little bit 114 00:04:55,000 --> 00:04:56,760 Speaker 1: of arrange. But you're starting to get the picture of 115 00:04:56,839 --> 00:04:59,240 Speaker 1: how that works. Now that you understand that. The reason 116 00:04:59,240 --> 00:05:01,200 Speaker 1: why we want to look at both the US and 117 00:05:01,360 --> 00:05:03,560 Speaker 1: global As I said, the US sort of sets the 118 00:05:03,560 --> 00:05:05,640 Speaker 1: policy for the rest of the world. But we also 119 00:05:05,680 --> 00:05:09,240 Speaker 1: want to understand something called the imperial circle. Now part 120 00:05:09,240 --> 00:05:11,600 Speaker 1: of the imperial circle with the money moving around is 121 00:05:11,640 --> 00:05:14,040 Speaker 1: we want to think about global assets as well. Sure 122 00:05:14,120 --> 00:05:16,280 Speaker 1: it moves to different countries, but one of the most 123 00:05:16,320 --> 00:05:20,919 Speaker 1: global assets there are is technology, specifically around commodities like 124 00:05:20,960 --> 00:05:23,240 Speaker 1: bitcoin and AI and things like that. 125 00:05:23,400 --> 00:05:25,400 Speaker 2: It's actually part of the fifty year cycle I. 126 00:05:25,320 --> 00:05:27,240 Speaker 1: Talk about all the time, which is I call the 127 00:05:27,360 --> 00:05:30,040 Speaker 1: quantum wave cycle. Now, if you want to know about 128 00:05:30,200 --> 00:05:32,120 Speaker 1: the quantum wave cycle, I break it down. I'm going 129 00:05:32,200 --> 00:05:34,360 Speaker 1: to do a whole presentation on this next week. It's 130 00:05:34,400 --> 00:05:35,240 Speaker 1: free to come join. 131 00:05:35,440 --> 00:05:37,200 Speaker 2: It's about an hour. I'm going to go through all the. 132 00:05:37,200 --> 00:05:39,640 Speaker 1: Charts, autographs and all the assets that I like. If 133 00:05:39,680 --> 00:05:41,760 Speaker 1: you like to come hang out with me live as 134 00:05:41,760 --> 00:05:43,640 Speaker 1: I go through all that, ask me questions things like that. 135 00:05:43,680 --> 00:05:45,960 Speaker 1: I'm going to put a link down below, But otherwise 136 00:05:46,000 --> 00:05:47,960 Speaker 1: let's go ahead and just keep going with what the 137 00:05:48,000 --> 00:05:50,640 Speaker 1: symptoms and the cause of this are. Back to the 138 00:05:50,839 --> 00:05:53,880 Speaker 1: change of definition of the word inflation. So when the 139 00:05:54,000 --> 00:05:58,240 Speaker 1: money supply goes up, the symptoms of that are the 140 00:05:58,279 --> 00:06:01,159 Speaker 1: effects of that are then prices everything else starts to 141 00:06:01,200 --> 00:06:02,839 Speaker 1: go up. So let's take a look at a couple 142 00:06:02,880 --> 00:06:05,040 Speaker 1: of things. So let's look at median homes. So a 143 00:06:05,080 --> 00:06:07,720 Speaker 1: lot of people are thinking that homes are going to crash. 144 00:06:08,040 --> 00:06:09,320 Speaker 2: I've been pretty vocal about this. 145 00:06:09,440 --> 00:06:11,200 Speaker 1: I did this big seminar about a week ago, and 146 00:06:11,200 --> 00:06:12,960 Speaker 1: a lot of people were saying, I went away to 147 00:06:12,960 --> 00:06:15,000 Speaker 1: buy a home until prices come back down. 148 00:06:16,000 --> 00:06:18,280 Speaker 2: But why why would they come back down? Well, first 149 00:06:18,320 --> 00:06:20,120 Speaker 2: of all, let's understand why they went up. 150 00:06:20,360 --> 00:06:24,960 Speaker 1: So remember the money supply into USM two global into 151 00:06:24,960 --> 00:06:28,599 Speaker 1: FED balance sheet went up about forty to sixty percent. 152 00:06:29,040 --> 00:06:31,440 Speaker 1: And how much did homes go up in the exact 153 00:06:31,480 --> 00:06:32,200 Speaker 1: same period. 154 00:06:32,720 --> 00:06:33,760 Speaker 2: In the last four years. 155 00:06:33,760 --> 00:06:36,680 Speaker 1: From January one, twenty twenty through December thirty, first of 156 00:06:36,680 --> 00:06:38,800 Speaker 1: twenty twenty four, home prices. 157 00:06:38,560 --> 00:06:39,679 Speaker 2: The US median. 158 00:06:39,800 --> 00:06:42,800 Speaker 1: The national average home price went up by fifty two 159 00:06:42,880 --> 00:06:46,719 Speaker 1: point six percent. Money supply went up by fifty sixty percent, 160 00:06:46,920 --> 00:06:48,360 Speaker 1: homes went up fifty percent. 161 00:06:49,720 --> 00:06:52,320 Speaker 2: Makes sense, Now, this is the median. 162 00:06:52,680 --> 00:06:54,400 Speaker 1: I like to make a point that there is no 163 00:06:54,440 --> 00:06:57,400 Speaker 1: such thing as the real estate market. There's thousands of 164 00:06:57,400 --> 00:06:59,760 Speaker 1: markets broken down by sized, type, location, things like that. 165 00:07:00,080 --> 00:07:03,200 Speaker 1: In a city like Miami, could see like condos dropping 166 00:07:03,240 --> 00:07:05,160 Speaker 1: because they were overbuilt, while homes are going up at 167 00:07:05,160 --> 00:07:08,080 Speaker 1: the same time, but the median is going up about 168 00:07:08,120 --> 00:07:10,840 Speaker 1: the same rate. So if you're waiting for home prices 169 00:07:10,840 --> 00:07:14,120 Speaker 1: to come down, you might be waiting for the money 170 00:07:14,200 --> 00:07:15,560 Speaker 1: supply to come back down. 171 00:07:15,600 --> 00:07:17,760 Speaker 2: But we'll get that in a second, all right. 172 00:07:17,800 --> 00:07:20,040 Speaker 1: We can also look at the price of all types 173 00:07:20,080 --> 00:07:23,720 Speaker 1: of consumer prices about the same So eggs seventy one 174 00:07:23,760 --> 00:07:27,760 Speaker 1: percent increase, milk fifteen percent increase, beef about twenty percent, 175 00:07:28,120 --> 00:07:33,120 Speaker 1: cheese thirty percent, wheat thirty percent, gasoline thirty five percent. 176 00:07:33,600 --> 00:07:36,800 Speaker 1: So consumer prices went up more or less around the 177 00:07:36,840 --> 00:07:39,240 Speaker 1: forty or fifty percent, some a little bit less, some 178 00:07:39,320 --> 00:07:41,360 Speaker 1: a little bit more. It just depends because there's a 179 00:07:41,360 --> 00:07:43,920 Speaker 1: supply and demand that go into that. But you start 180 00:07:43,960 --> 00:07:46,760 Speaker 1: to understand the situation a little bit better. And it 181 00:07:46,800 --> 00:07:50,640 Speaker 1: wasn't just consumer prices, which obviously affects us, so it's 182 00:07:50,760 --> 00:07:53,720 Speaker 1: also asset prices going up, and if you're not buying assets, 183 00:07:53,720 --> 00:07:57,040 Speaker 1: you're falling further behind. Gold went up about seventy one 184 00:07:57,120 --> 00:08:00,960 Speaker 1: percent as the money supply expanded about sixty percent. Crude 185 00:08:00,960 --> 00:08:03,080 Speaker 1: oil went up about twenty three percent. When the price 186 00:08:03,080 --> 00:08:05,000 Speaker 1: of oil goes up, the price of everything goes up. 187 00:08:05,160 --> 00:08:07,320 Speaker 1: The s and P five hundred went up about seventy 188 00:08:07,440 --> 00:08:11,040 Speaker 1: nine percent, very similar to gold seventy seventy nine percent. 189 00:08:11,360 --> 00:08:14,800 Speaker 1: The NASDAK went up one hundred and twelve percent, all right, 190 00:08:14,840 --> 00:08:17,760 Speaker 1: So we can see that as that money supplies expanding 191 00:08:18,080 --> 00:08:20,320 Speaker 1: the cost of all types of things from eggs and 192 00:08:20,400 --> 00:08:23,200 Speaker 1: cheese and milk to homes and gold and s and 193 00:08:23,240 --> 00:08:26,640 Speaker 1: P five hundred all went up as well, albeit at 194 00:08:26,680 --> 00:08:30,160 Speaker 1: a little bit of different rates. A small business owner, 195 00:08:30,280 --> 00:08:33,080 Speaker 1: are you buried in all types of work keeping you 196 00:08:33,120 --> 00:08:35,679 Speaker 1: from the real thing that makes you money? Well that's 197 00:08:35,720 --> 00:08:37,719 Speaker 1: where just Works comes in. They're the all in one 198 00:08:37,720 --> 00:08:39,960 Speaker 1: platform that supports small business growth. 199 00:08:40,160 --> 00:08:41,320 Speaker 2: You can get all. 200 00:08:41,120 --> 00:08:44,360 Speaker 1: Their tools that help with benefits like payroll and HR 201 00:08:44,440 --> 00:08:48,480 Speaker 1: and compliance with transparent pricing. Now they helped you hire 202 00:08:48,520 --> 00:08:53,200 Speaker 1: top talent internationally, internew markets, quickly scale international operations without 203 00:08:53,240 --> 00:08:55,880 Speaker 1: the workload, and for every how do I do it? 204 00:08:56,000 --> 00:08:57,200 Speaker 3: Question? You can reach out to. 205 00:08:57,200 --> 00:08:59,920 Speaker 2: Their expert staff from sole proprietor or. 206 00:09:00,120 --> 00:09:00,880 Speaker 3: A team of twenty. 207 00:09:01,240 --> 00:09:04,840 Speaker 1: Just Works empowers all kinds of small businesses with real 208 00:09:04,960 --> 00:09:09,280 Speaker 1: human support. So visit justworks dot com, slash podcast to 209 00:09:09,400 --> 00:09:12,320 Speaker 1: join the thousands of small businesses that trust Just Works 210 00:09:12,440 --> 00:09:15,880 Speaker 1: to take care of payroll, benefits, compliance and more. Again, 211 00:09:16,040 --> 00:09:21,680 Speaker 1: that's justworks dot Com slash podcast. Now, if you want 212 00:09:21,679 --> 00:09:24,439 Speaker 1: to know why I think home prices are going up 213 00:09:24,440 --> 00:09:27,360 Speaker 1: and not down, why I've been actually vocal put it 214 00:09:27,360 --> 00:09:30,200 Speaker 1: out here again. I think that home prices are up 215 00:09:30,360 --> 00:09:34,560 Speaker 1: another fifty percent in five years from now, not down. Now. 216 00:09:34,559 --> 00:09:36,520 Speaker 2: Could there be a dip and could part of Miami 217 00:09:36,520 --> 00:09:37,839 Speaker 2: go down while part of Miami goes up? 218 00:09:37,880 --> 00:09:40,880 Speaker 1: Certainly, But as a national media I believe it'll be 219 00:09:41,000 --> 00:09:44,040 Speaker 1: up about fifty percent in five years, and so will 220 00:09:44,080 --> 00:09:45,640 Speaker 1: all those other prices have shown you. 221 00:09:46,000 --> 00:09:47,839 Speaker 2: Why do I say that, and maybe. 222 00:09:47,720 --> 00:09:50,240 Speaker 1: With a lot of confidence, Well, because the government tells 223 00:09:50,280 --> 00:09:53,280 Speaker 1: us so. So here is the United States government, the 224 00:09:53,360 --> 00:09:57,559 Speaker 1: CBO Congressional Budget Office, and they project out where things 225 00:09:57,600 --> 00:10:00,160 Speaker 1: would be over the next five years, ten years, and 226 00:10:00,160 --> 00:10:04,000 Speaker 1: even the next thirty years. Now, again this isn't the world, 227 00:10:04,120 --> 00:10:06,440 Speaker 1: this is the United States. But understanding the US sort 228 00:10:06,480 --> 00:10:08,440 Speaker 1: of sets policy for the rest of the world. 229 00:10:08,480 --> 00:10:09,520 Speaker 2: It's a good way to look at this. 230 00:10:09,760 --> 00:10:12,480 Speaker 1: So what we can see here's a dotted line of 231 00:10:12,480 --> 00:10:14,800 Speaker 1: where we are today. This is twenty thirty five. This 232 00:10:14,880 --> 00:10:17,880 Speaker 1: is just the next decade alone, and what they're projecting 233 00:10:18,040 --> 00:10:20,600 Speaker 1: is the deficit, the amount of debt we take on 234 00:10:20,720 --> 00:10:23,440 Speaker 1: every year to spend more than we bring in, is 235 00:10:23,520 --> 00:10:25,560 Speaker 1: expected to continue to go up. 236 00:10:26,679 --> 00:10:28,000 Speaker 2: The amount of debt. 237 00:10:28,040 --> 00:10:31,120 Speaker 1: That we add because of the deficit spending, this dotted 238 00:10:31,160 --> 00:10:34,360 Speaker 1: line is where we're at, is projected to go up, 239 00:10:35,000 --> 00:10:36,960 Speaker 1: and as a matter of fact, it's projected to go 240 00:10:37,080 --> 00:10:38,360 Speaker 1: up at a faster. 241 00:10:38,160 --> 00:10:40,360 Speaker 2: Rate than what it has been going up. 242 00:10:41,080 --> 00:10:43,760 Speaker 1: So if we're up about fifty percent in the last 243 00:10:43,840 --> 00:10:46,280 Speaker 1: four years, we're probably up another fifty. 244 00:10:46,000 --> 00:10:47,800 Speaker 3: Percent in the next four to five years. And if 245 00:10:47,800 --> 00:10:48,840 Speaker 3: we're up another fifty. 246 00:10:48,640 --> 00:10:51,760 Speaker 2: Percent, as the government projects, that. 247 00:10:51,679 --> 00:10:54,680 Speaker 3: Pushes the prices of things back up. That's why I 248 00:10:54,679 --> 00:10:55,520 Speaker 3: think that happens. 249 00:10:55,640 --> 00:10:57,880 Speaker 1: Now. We can get deeper into the CBO charts, but 250 00:10:57,960 --> 00:11:00,520 Speaker 1: we'll save that for another video. They give us all 251 00:11:00,559 --> 00:11:03,520 Speaker 1: types of numbers, including they just revise some numbers with 252 00:11:03,960 --> 00:11:09,360 Speaker 1: population going down, which means less workers. That means Genie 253 00:11:09,400 --> 00:11:12,679 Speaker 1: P goes down, and that means we need more debt. 254 00:11:13,240 --> 00:11:14,439 Speaker 1: We can get into that if you want a whole 255 00:11:14,480 --> 00:11:16,000 Speaker 1: video on that, drop that down below. 256 00:11:16,040 --> 00:11:17,480 Speaker 3: But here's the problem with this. 257 00:11:17,559 --> 00:11:20,920 Speaker 1: Okay, So the escape plan, so we can see that 258 00:11:20,960 --> 00:11:23,679 Speaker 1: the money supply is going to continue to expand we 259 00:11:23,760 --> 00:11:26,960 Speaker 1: know that the cost of milk and cheese and eggs, homes, 260 00:11:27,120 --> 00:11:29,360 Speaker 1: everything's going to continue to go up, so you don't 261 00:11:29,360 --> 00:11:31,000 Speaker 1: have another chance to get in. It's only going to 262 00:11:31,000 --> 00:11:32,040 Speaker 1: continue to pass you by. 263 00:11:32,360 --> 00:11:33,120 Speaker 2: So what do we do. 264 00:11:33,200 --> 00:11:36,040 Speaker 1: Well, the escape plan is that your financial advisor and 265 00:11:36,120 --> 00:11:38,400 Speaker 1: Wall Street you are saying, just take part of your 266 00:11:38,400 --> 00:11:40,400 Speaker 1: paycheck every week and put it into your index fund 267 00:11:40,480 --> 00:11:41,959 Speaker 1: or your four to one carry mutual fund. 268 00:11:42,280 --> 00:11:43,640 Speaker 3: But here's the problem with that. 269 00:11:44,160 --> 00:11:47,080 Speaker 1: So if we put things into index funds, we can 270 00:11:47,120 --> 00:11:49,800 Speaker 1: see that well, let's just recap this here real quick, 271 00:11:50,040 --> 00:11:52,480 Speaker 1: so we can see that the Federal Reserve balance sheet 272 00:11:52,600 --> 00:11:56,280 Speaker 1: is going up by about sixteen point seven percent per 273 00:11:56,360 --> 00:11:59,079 Speaker 1: year over the last four years, so it's averaging a 274 00:11:59,160 --> 00:12:02,520 Speaker 1: sixteen percent growth rate. The US money supply is going 275 00:12:02,600 --> 00:12:05,400 Speaker 1: up about ten percent a year, and the global money 276 00:12:05,400 --> 00:12:07,240 Speaker 1: supply is going up by about eight. 277 00:12:07,080 --> 00:12:07,840 Speaker 3: Percent a year. 278 00:12:08,320 --> 00:12:11,440 Speaker 1: So if as I've shown you, if the expansion of 279 00:12:11,440 --> 00:12:17,000 Speaker 1: the money supply creates the increase of prices as I've 280 00:12:17,040 --> 00:12:21,520 Speaker 1: shown you, then if we continue that as the CBO projects, 281 00:12:22,160 --> 00:12:25,160 Speaker 1: if we continue this trajectory of sixteen point seven percent, 282 00:12:25,480 --> 00:12:28,080 Speaker 1: that means that my money has to make me more 283 00:12:28,160 --> 00:12:31,480 Speaker 1: than sixteen point seven percent in order for me to 284 00:12:31,559 --> 00:12:35,520 Speaker 1: get ahead. So there's keeping up. If I earn five percent, 285 00:12:35,679 --> 00:12:40,200 Speaker 1: I'm not eating ahead. I'm losing about half. If I 286 00:12:40,320 --> 00:12:44,079 Speaker 1: earn ten percent, I'm almost kind of keeping on par. 287 00:12:44,440 --> 00:12:45,880 Speaker 1: If I want to get ahead, I need to be 288 00:12:45,920 --> 00:12:48,400 Speaker 1: making seventeen percent or more. 289 00:12:48,800 --> 00:12:50,640 Speaker 3: Okay, But here's the problem with that. 290 00:12:51,640 --> 00:12:54,559 Speaker 1: If we look at all the asset classes, we can 291 00:12:54,600 --> 00:12:59,160 Speaker 1: see that only two Bitcoin here and Nasdak have been 292 00:12:59,200 --> 00:13:02,720 Speaker 1: able to beat that. The Nasdak is seventeen point four percent, 293 00:13:03,160 --> 00:13:06,560 Speaker 1: just barely keeping up. Bitcoin is at one hundred and 294 00:13:06,559 --> 00:13:09,720 Speaker 1: forty four percent. Everything else is below. 295 00:13:09,880 --> 00:13:10,959 Speaker 3: The S and P five. 296 00:13:10,880 --> 00:13:14,280 Speaker 1: Hundred and golden commodities and everything else is below. We 297 00:13:14,400 --> 00:13:16,160 Speaker 1: can see that when we put the S and P 298 00:13:16,360 --> 00:13:20,800 Speaker 1: five hundred over the money supply, they move almost perfectly 299 00:13:20,840 --> 00:13:24,560 Speaker 1: in lockstep, So homes and the S and P five 300 00:13:24,640 --> 00:13:26,960 Speaker 1: hundred almost like perfect proxies for the amount of money 301 00:13:27,000 --> 00:13:27,400 Speaker 1: going up. 302 00:13:27,720 --> 00:13:29,000 Speaker 2: So we're not really getting ahead. 303 00:13:29,000 --> 00:13:30,439 Speaker 3: We're not getting anywhere doing that. 304 00:13:30,679 --> 00:13:32,160 Speaker 1: As a matter of fact, if we look at the 305 00:13:32,240 --> 00:13:35,280 Speaker 1: S and P five hundred and we adjust it for 306 00:13:35,360 --> 00:13:38,200 Speaker 1: the money supply, we can see that since the year 307 00:13:38,320 --> 00:13:42,160 Speaker 1: two thousand, the S and p is actually down by 308 00:13:42,200 --> 00:13:44,840 Speaker 1: twenty percent when you adjust it for the increase of 309 00:13:44,880 --> 00:13:47,280 Speaker 1: the money supply during that same time period, which is 310 00:13:47,320 --> 00:13:48,680 Speaker 1: why you see your stock. 311 00:13:48,440 --> 00:13:50,680 Speaker 2: Account going up up, up. On paper, it looks like. 312 00:13:50,679 --> 00:13:53,040 Speaker 1: You're getting rich, but you don't feel more rich. You 313 00:13:53,080 --> 00:13:55,400 Speaker 1: feel that the cost of living is going down. Then 314 00:13:55,440 --> 00:13:57,880 Speaker 1: on top of that, if you're putting money into mutual 315 00:13:57,880 --> 00:14:00,960 Speaker 1: funds and things like that, you're falling even further behind 316 00:14:01,000 --> 00:14:02,640 Speaker 1: because the fees are eating you alive. 317 00:14:02,920 --> 00:14:06,920 Speaker 2: And we can see that most funds are failing. 318 00:14:06,520 --> 00:14:07,960 Speaker 3: To meet their benchmarks. 319 00:14:08,000 --> 00:14:09,920 Speaker 1: As a matter of fact, through twenty twenty three twenty 320 00:14:09,960 --> 00:14:14,400 Speaker 1: twenty four, they're about eighty to ninety percent underperforming, So 321 00:14:14,640 --> 00:14:17,440 Speaker 1: they're not even performing with the market as I've shown you, 322 00:14:17,760 --> 00:14:20,320 Speaker 1: they're underperforming by eighty to ninety percent. And on top 323 00:14:20,440 --> 00:14:22,800 Speaker 1: of that, you have to pay all the fees, so 324 00:14:22,840 --> 00:14:25,560 Speaker 1: you're falling even further and further behind, and so it's 325 00:14:25,600 --> 00:14:28,560 Speaker 1: creating what I call the investing black hole. So there's 326 00:14:28,600 --> 00:14:32,440 Speaker 1: really only two assets that are beating that number, and 327 00:14:32,520 --> 00:14:35,720 Speaker 1: again that's Nasdaq and Bitcoin. But the problem is when 328 00:14:35,720 --> 00:14:37,480 Speaker 1: you look at it this way, you can see that 329 00:14:37,560 --> 00:14:40,280 Speaker 1: if I price the NASDAK not in US dollars, but 330 00:14:40,320 --> 00:14:42,760 Speaker 1: I price it in bitcoin. We can see the Nasdaq 331 00:14:42,920 --> 00:14:45,840 Speaker 1: is also down ninety nine percent, So what are we 332 00:14:45,840 --> 00:14:46,440 Speaker 1: gonna do about that? 333 00:14:46,440 --> 00:14:48,400 Speaker 2: It seems like a big problem, and it kind of is. 334 00:14:48,680 --> 00:14:49,680 Speaker 2: The good news is. 335 00:14:49,640 --> 00:14:52,200 Speaker 1: It's pretty easy for us to do this, as I've 336 00:14:52,240 --> 00:14:54,800 Speaker 1: already shown you the assets that we can do. But 337 00:14:55,000 --> 00:14:57,600 Speaker 1: then it takes something different. This maybe not as easy, 338 00:14:57,600 --> 00:14:59,800 Speaker 1: but it's possible for everybody. So the first thing is 339 00:15:00,320 --> 00:15:03,000 Speaker 1: you're on your own, like no one's coming to save you. 340 00:15:03,280 --> 00:15:05,520 Speaker 1: So if you want the easy way and you want 341 00:15:05,520 --> 00:15:07,360 Speaker 1: to give your money to somebody, some fund manager from 342 00:15:07,400 --> 00:15:08,680 Speaker 1: Wallstreet guy, then. 343 00:15:08,600 --> 00:15:10,400 Speaker 3: You're gonna continue to underperform the market. 344 00:15:10,640 --> 00:15:12,680 Speaker 1: So I would recommend that you take a little bit 345 00:15:12,680 --> 00:15:15,280 Speaker 1: of time, effort, energy, and spend a little bit of 346 00:15:15,320 --> 00:15:16,720 Speaker 1: time to learn about how you. 347 00:15:16,680 --> 00:15:18,040 Speaker 3: Can manage your own money. 348 00:15:18,400 --> 00:15:21,200 Speaker 1: Okay, number one, Number number one, Number two again, the 349 00:15:21,200 --> 00:15:25,040 Speaker 1: black hole. Now the black hole is basically only NASDAK 350 00:15:25,200 --> 00:15:28,880 Speaker 1: and Bitcoin are beating it. Because the reason why is 351 00:15:28,920 --> 00:15:31,800 Speaker 1: because of this this fifty year cycle that's been repeating. 352 00:15:31,840 --> 00:15:34,080 Speaker 1: I talk about this all the time. It's the sixth 353 00:15:34,200 --> 00:15:38,760 Speaker 1: time we've seen this cycle repeat and basically the only 354 00:15:38,800 --> 00:15:41,640 Speaker 1: place to make money is during this cycle, is in 355 00:15:41,840 --> 00:15:44,960 Speaker 1: the specific cycle, all right, And this right now is 356 00:15:45,000 --> 00:15:47,960 Speaker 1: this tech cycle that we're in, which is why the 357 00:15:47,960 --> 00:15:49,840 Speaker 1: black hole is NASDAK and Bitcoin. 358 00:15:49,880 --> 00:15:51,880 Speaker 2: I break this all down, I call it the quantum 359 00:15:51,920 --> 00:15:54,920 Speaker 2: wave leap, all right. And then what we want to 360 00:15:54,920 --> 00:15:57,720 Speaker 2: do is we want to change our mindset, all right. 361 00:15:57,800 --> 00:16:00,880 Speaker 1: So while the world's getting more expensive for everybody else, 362 00:16:01,120 --> 00:16:04,360 Speaker 1: the world could actually get cheaper for us if we 363 00:16:04,840 --> 00:16:07,320 Speaker 1: shift our mind and have a different unit of account. 364 00:16:07,600 --> 00:16:09,680 Speaker 1: So for example, here's a chart I used at a 365 00:16:09,800 --> 00:16:12,600 Speaker 1: talk I gave recently over in Abu Dhabi. And if 366 00:16:12,600 --> 00:16:15,000 Speaker 1: we look at the price of the typical house, as 367 00:16:15,000 --> 00:16:18,200 Speaker 1: I already showed you, it's going higher and higher and higher. 368 00:16:18,400 --> 00:16:20,840 Speaker 1: As a matter of fact, in twenty sixteen, the US 369 00:16:20,840 --> 00:16:22,640 Speaker 1: median home was about two hundred and sixty thousand. 370 00:16:22,680 --> 00:16:24,480 Speaker 2: Today it's about four hundred thousand. 371 00:16:24,800 --> 00:16:28,040 Speaker 1: In twenty sixteen it was like six hundred bitcoin, and 372 00:16:28,080 --> 00:16:29,000 Speaker 1: today it's like. 373 00:16:29,320 --> 00:16:31,040 Speaker 3: Three bitcoin or four bitcoin. 374 00:16:32,000 --> 00:16:34,160 Speaker 1: So we can see in US dollars, homes are getting 375 00:16:34,160 --> 00:16:36,400 Speaker 1: more expensive, but in bitcoin. 376 00:16:36,080 --> 00:16:38,480 Speaker 3: Homes are getting cheaper and cheaper and cheaper. 377 00:16:38,840 --> 00:16:41,760 Speaker 1: If we look at other assets or goods like this, 378 00:16:42,120 --> 00:16:47,400 Speaker 1: we can see that agriculture, eggs, cheese, beef, soybeans, wheat, lumber, 379 00:16:47,720 --> 00:16:51,280 Speaker 1: and milk over a five year period have all fallen 380 00:16:51,880 --> 00:16:55,920 Speaker 1: over ninety percent when they're priced in bitcoin. So when 381 00:16:55,960 --> 00:16:59,600 Speaker 1: I priced everything in US dollars, homes and gold and 382 00:16:59,640 --> 00:17:03,800 Speaker 1: oil and cheesey, cheese, milk, all that is getting more expensive. 383 00:17:04,359 --> 00:17:08,160 Speaker 1: But if I change the unit of account, homes, gold, 384 00:17:08,640 --> 00:17:10,679 Speaker 1: NASDAC and all these. 385 00:17:10,520 --> 00:17:12,760 Speaker 3: Goods are getting cheaper and cheaper and cheaper. 386 00:17:13,320 --> 00:17:16,919 Speaker 1: So all I have to do is change my mindset 387 00:17:17,080 --> 00:17:19,840 Speaker 1: and change the unit of account the way I measure things. 388 00:17:20,000 --> 00:17:22,080 Speaker 1: If you want the whole talk on this, I just 389 00:17:22,119 --> 00:17:23,280 Speaker 1: put up on my website. 390 00:17:23,359 --> 00:17:25,119 Speaker 3: The whole talk from Abu Dhabi is on there. 391 00:17:25,280 --> 00:17:27,240 Speaker 1: But if you want to know more about this quantum 392 00:17:27,280 --> 00:17:29,760 Speaker 1: wave leap and the different assets that we can buy 393 00:17:29,800 --> 00:17:31,800 Speaker 1: with in that, I'm going to do a whole presentation 394 00:17:31,880 --> 00:17:33,720 Speaker 1: on that next week, you can come hang out with me. 395 00:17:33,800 --> 00:17:34,480 Speaker 2: It's all for free. 396 00:17:34,520 --> 00:17:36,840 Speaker 1: I'm going to show you all the different charts, all 397 00:17:36,840 --> 00:17:40,080 Speaker 1: the different assets that I like in this cycle. If 398 00:17:40,080 --> 00:17:42,240 Speaker 1: you really want to change your unit of account the 399 00:17:42,359 --> 00:17:44,159 Speaker 1: quantum wave leap, I'll put a link down below. Like 400 00:17:44,200 --> 00:17:46,439 Speaker 1: I said, it's free, come hang out we'll go through 401 00:17:46,520 --> 00:17:48,400 Speaker 1: Q and A, we'll talk about how we can implement 402 00:17:48,440 --> 00:17:51,120 Speaker 1: all this. But look, if you're looking for a president 403 00:17:51,160 --> 00:17:54,160 Speaker 1: to save you, it ain't gonna happen, all right. The 404 00:17:54,200 --> 00:17:56,280 Speaker 1: only way is that you can save yourself, and it's 405 00:17:56,359 --> 00:17:58,880 Speaker 1: very easy to do. Have to buy the right assets 406 00:17:58,920 --> 00:18:02,199 Speaker 1: and change our mindset, to change our unit of measure, 407 00:18:02,320 --> 00:18:03,119 Speaker 1: our unit of account. 408 00:18:03,280 --> 00:18:05,280 Speaker 2: Does that make sense. If you want the whole talk, 409 00:18:05,640 --> 00:18:08,159 Speaker 2: go ahead and watch that video right here. Otherwise, leave 410 00:18:08,160 --> 00:18:09,200 Speaker 2: me a comment, let me know what you think. 411 00:18:09,400 --> 00:18:11,119 Speaker 3: And that's what I got. All right, to your success. 412 00:18:11,560 --> 00:18:11,960 Speaker 2: I'm out.