WEBVTT - Stop Waiting for Politicians to Fix Inflation - Do This Instead! 0:00:00.200 --> 0:00:03.600 Inflation is robbing you blind, and no politician or president, 0:00:03.640 --> 0:00:05.960 as much as they want your votes and they tell. 0:00:05.840 --> 0:00:07.920 You they can, they can't save you. 0:00:08.119 --> 0:00:12.240 We've seen homes, gas, groceries, they're all getting more expensive. 0:00:12.280 --> 0:00:14.800 And while many are hoping for prices to come back down, 0:00:15.120 --> 0:00:17.200 you know, maybe you'll get another chance to get back in. 0:00:17.520 --> 0:00:19.680 Here's the bad news. It's not going to happen. 0:00:20.040 --> 0:00:22.119 And it's not because of you know, who's in the 0:00:22.120 --> 0:00:24.360 White House or going in the White House. It's because 0:00:24.400 --> 0:00:27.440 of how the entire system is set up and how 0:00:27.440 --> 0:00:31.040 it works, and how we even have the projections to 0:00:31.080 --> 0:00:32.280 see where all this goes. 0:00:32.320 --> 0:00:33.280 But here's the good news. 0:00:33.440 --> 0:00:36.599 There's a simple move that most people miss because your 0:00:36.720 --> 0:00:38.519 financial advisor is basically. 0:00:38.159 --> 0:00:41.240 Holding back and this simple move could change everything. 0:00:41.280 --> 0:00:44.480 It could make everything cheaper for you, even as prices 0:00:44.680 --> 0:00:46.560 keep climbing. So in this video, I'm going to break 0:00:46.600 --> 0:00:49.640 down why prices they're not going to drop. I'm going 0:00:49.720 --> 0:00:52.400 to talk about where they're going, where I project them 0:00:52.400 --> 0:00:55.720 to go, the hidden cause of inflation that no one's 0:00:55.920 --> 0:00:58.880 seemingly talking about, and the single strategy that you could 0:00:59.000 --> 0:01:02.040 use to make your life life more affordable. As even 0:01:02.080 --> 0:01:05.119 things continue to get more expensive for everybody else. 0:01:05.640 --> 0:01:06.240 So let's go. 0:01:08.400 --> 0:01:11.720 All right, so the next president is here and they're 0:01:11.720 --> 0:01:14.200 gonna save us from inflation. Right, it was like the 0:01:14.280 --> 0:01:17.480 number one issue with voting, right, Well maybe not. As 0:01:17.520 --> 0:01:22.520 a matter of fact, was inflation all Biden's fault? Was 0:01:22.520 --> 0:01:25.400 it the Biden administration's fault or is it a fault 0:01:25.480 --> 0:01:27.679 of the entire system? Now, Biden did pass something called 0:01:27.680 --> 0:01:31.080 the Inflation Reduction Act that was the exact opposite of 0:01:31.120 --> 0:01:33.480 reducing to inflation, and in fact, it created a ton 0:01:33.520 --> 0:01:37.240 of inflation. However, it's not really the president's fault. 0:01:37.240 --> 0:01:37.440 Now. 0:01:37.600 --> 0:01:39.920 Trump, of course, was running on a campaign to save 0:01:40.000 --> 0:01:42.360 us from inflation, and we have a couple of headlines 0:01:42.360 --> 0:01:45.120 here that talk about both sides of that. So, for example, 0:01:45.760 --> 0:01:49.400 it says here why Donald Trump's promise to defeat inflation 0:01:49.920 --> 0:01:53.120 is harder than it sounds. It's harder than it sounds, 0:01:53.160 --> 0:01:56.000 because again, it's not about who the president is. It's 0:01:56.040 --> 0:01:58.200 about the system that we're in. But it could even 0:01:58.440 --> 0:02:03.000 actually be worse. Headlines right here that say Trump's economic 0:02:03.040 --> 0:02:07.640 plans would actually worsen inflation, experts say. And so the 0:02:07.680 --> 0:02:10.040 problem is, first of all, is understanding the word inflation 0:02:10.440 --> 0:02:12.639 and then the mechanics of that. But don't worry, I'm 0:02:12.680 --> 0:02:15.320 going to show you how regardless of what the president does, 0:02:15.440 --> 0:02:17.839 there's a way we could save ourselves. 0:02:18.120 --> 0:02:18.520 All right. 0:02:18.560 --> 0:02:20.640 I can't save the system, not right now, but we 0:02:20.680 --> 0:02:22.519 can save ourselves pretty quickly. 0:02:22.639 --> 0:02:24.480 So let's take a look at exactly what's. 0:02:24.320 --> 0:02:26.000 Going on so you can understand the situation. 0:02:26.360 --> 0:02:28.880 So one of the famous economists, i think it was 0:02:28.919 --> 0:02:31.640 rothparts that it's the economy stupid, and I'm saying, well, 0:02:32.360 --> 0:02:34.800 it's the money stupid. And so as a matter of fact, 0:02:34.800 --> 0:02:36.600 there's a couple of things that we have to understand. 0:02:36.600 --> 0:02:39.560 First of all, they change the definition of the word 0:02:39.600 --> 0:02:43.160 inflation in about the fifties. Ludwig von Nisis we have 0:02:43.200 --> 0:02:45.239 a big talk, and he said, they're changing the definition 0:02:45.280 --> 0:02:47.880 of the word so that they can confuse you and you. 0:02:47.800 --> 0:02:49.200 Don't understand things properly. 0:02:49.280 --> 0:02:52.120 So if you think about inflating the tire or inflating 0:02:52.160 --> 0:02:55.040 a balloon, you would think about increasing the volume of 0:02:55.120 --> 0:02:57.959 air in that tire or balloon. And so when we 0:02:58.000 --> 0:03:00.800 talk about inflation, we're talking about inflating or increasing the 0:03:00.840 --> 0:03:03.320 volume of money in the economy, not. 0:03:03.680 --> 0:03:05.480 The prices, but we'll get back to that. 0:03:05.639 --> 0:03:07.760 So let's look at a couple indicators, a couple of 0:03:07.800 --> 0:03:10.680 metrics that we need to understand. So number one, we 0:03:10.760 --> 0:03:13.600 have the FED balance sheet, all right, so this is 0:03:13.639 --> 0:03:15.640 the Federal Reserve, their balance sheet what they have. 0:03:15.760 --> 0:03:17.560 And then the amount of money in the. 0:03:17.600 --> 0:03:20.560 United States with the USM two, and I've put both 0:03:20.600 --> 0:03:21.600 of them on the screen. 0:03:21.639 --> 0:03:21.839 Here. 0:03:21.880 --> 0:03:24.040 We have from about two thousand and two to two 0:03:24.080 --> 0:03:26.400 thousand and three, and you can see the FED balance 0:03:26.400 --> 0:03:28.800 sheet sort of like on this trajectory and then it 0:03:28.880 --> 0:03:31.040 kind of goes up and up and up. All right. 0:03:31.120 --> 0:03:35.080 The blue line is us M two right now. 0:03:35.120 --> 0:03:37.120 What we can see is that both of them are 0:03:37.160 --> 0:03:40.360 going up rapidly right here. There was a big abrupt 0:03:40.360 --> 0:03:43.000 turn in two thousand and eight where the FED balance 0:03:43.000 --> 0:03:45.520 sheet really exploded, and we can see again in twenty 0:03:45.560 --> 0:03:48.560 twenty it went up even faster. Of course USM two 0:03:48.600 --> 0:03:50.720 went up as well, and so we can see those 0:03:50.800 --> 0:03:51.640 numbers going up. 0:03:51.800 --> 0:03:54.000 But it's not just the US need to be looking 0:03:54.040 --> 0:03:54.280 at now. 0:03:54.320 --> 0:03:55.480 Of course, the dollar is. 0:03:55.440 --> 0:03:57.640 The reserve currency of the world and it sort of 0:03:57.680 --> 0:03:59.400 sets the policies for the rest of the world. 0:03:59.480 --> 0:04:01.760 But look at it from a global level. 0:04:01.800 --> 0:04:02.280 As well. 0:04:02.560 --> 0:04:05.560 And so here is global M two and what we 0:04:05.560 --> 0:04:07.760 can see is sort of the same thing. Here around 0:04:07.800 --> 0:04:09.640 two thousand and eight we can see it went up, 0:04:09.920 --> 0:04:12.680 and here in twenty twenty we can see a massive 0:04:12.840 --> 0:04:15.640 increase in the global money supply. Now it's important to 0:04:15.760 --> 0:04:17.880 understand these two numbers. If we take a look at it, 0:04:17.920 --> 0:04:21.840 actually just since twenty twenty, we saw global M two 0:04:22.600 --> 0:04:25.880 from twenty twenty till now about a four year period, 0:04:26.640 --> 0:04:30.239 went up by thirty one and a half percent, thirty 0:04:30.279 --> 0:04:32.440 one and a half percent increase in the money supply. 0:04:32.720 --> 0:04:34.760 If we look at the FED balance sheet, it went 0:04:34.839 --> 0:04:37.880 up by sixty seven percent in the same period over 0:04:37.920 --> 0:04:41.159 the last four years, and the US M two money 0:04:41.200 --> 0:04:42.480 went up forty percent. 0:04:42.760 --> 0:04:46.480 So Global M two and USM two both. 0:04:46.279 --> 0:04:49.279 Are up about thirty six to forty percent, about forty percent, 0:04:49.320 --> 0:04:51.800 let's call it that, whereas the FED balance sheet went 0:04:51.839 --> 0:04:55.000 up by almost seventy percent. So there's a little bit 0:04:55.000 --> 0:04:56.760 of arrange. But you're starting to get the picture of 0:04:56.839 --> 0:04:59.240 how that works. Now that you understand that. The reason 0:04:59.240 --> 0:05:01.200 why we want to look at both the US and 0:05:01.360 --> 0:05:03.560 global As I said, the US sort of sets the 0:05:03.560 --> 0:05:05.640 policy for the rest of the world. But we also 0:05:05.680 --> 0:05:09.240 want to understand something called the imperial circle. Now part 0:05:09.240 --> 0:05:11.600 of the imperial circle with the money moving around is 0:05:11.640 --> 0:05:14.040 we want to think about global assets as well. Sure 0:05:14.120 --> 0:05:16.280 it moves to different countries, but one of the most 0:05:16.320 --> 0:05:20.919 global assets there are is technology, specifically around commodities like 0:05:20.960 --> 0:05:23.240 bitcoin and AI and things like that. 0:05:23.400 --> 0:05:25.400 It's actually part of the fifty year cycle I. 0:05:25.320 --> 0:05:27.240 Talk about all the time, which is I call the 0:05:27.360 --> 0:05:30.040 quantum wave cycle. Now, if you want to know about 0:05:30.200 --> 0:05:32.120 the quantum wave cycle, I break it down. I'm going 0:05:32.200 --> 0:05:34.360 to do a whole presentation on this next week. It's 0:05:34.400 --> 0:05:35.240 free to come join. 0:05:35.440 --> 0:05:37.200 It's about an hour. I'm going to go through all the. 0:05:37.200 --> 0:05:39.640 Charts, autographs and all the assets that I like. If 0:05:39.680 --> 0:05:41.760 you like to come hang out with me live as 0:05:41.760 --> 0:05:43.640 I go through all that, ask me questions things like that. 0:05:43.680 --> 0:05:45.960 I'm going to put a link down below, But otherwise 0:05:46.000 --> 0:05:47.960 let's go ahead and just keep going with what the 0:05:48.000 --> 0:05:50.640 symptoms and the cause of this are. Back to the 0:05:50.839 --> 0:05:53.880 change of definition of the word inflation. So when the 0:05:54.000 --> 0:05:58.240 money supply goes up, the symptoms of that are the 0:05:58.279 --> 0:06:01.159 effects of that are then prices everything else starts to 0:06:01.200 --> 0:06:02.839 go up. So let's take a look at a couple 0:06:02.880 --> 0:06:05.040 of things. So let's look at median homes. So a 0:06:05.080 --> 0:06:07.720 lot of people are thinking that homes are going to crash. 0:06:08.040 --> 0:06:09.320 I've been pretty vocal about this. 0:06:09.440 --> 0:06:11.200 I did this big seminar about a week ago, and 0:06:11.200 --> 0:06:12.960 a lot of people were saying, I went away to 0:06:12.960 --> 0:06:15.000 buy a home until prices come back down. 0:06:16.000 --> 0:06:18.280 But why why would they come back down? Well, first 0:06:18.320 --> 0:06:20.120 of all, let's understand why they went up. 0:06:20.360 --> 0:06:24.960 So remember the money supply into USM two global into 0:06:24.960 --> 0:06:28.599 FED balance sheet went up about forty to sixty percent. 0:06:29.040 --> 0:06:31.440 And how much did homes go up in the exact 0:06:31.480 --> 0:06:32.200 same period. 0:06:32.720 --> 0:06:33.760 In the last four years. 0:06:33.760 --> 0:06:36.680 From January one, twenty twenty through December thirty, first of 0:06:36.680 --> 0:06:38.800 twenty twenty four, home prices. 0:06:38.560 --> 0:06:39.679 The US median. 0:06:39.800 --> 0:06:42.800 The national average home price went up by fifty two 0:06:42.880 --> 0:06:46.719 point six percent. Money supply went up by fifty sixty percent, 0:06:46.920 --> 0:06:48.360 homes went up fifty percent. 0:06:49.720 --> 0:06:52.320 Makes sense, Now, this is the median. 0:06:52.680 --> 0:06:54.400 I like to make a point that there is no 0:06:54.440 --> 0:06:57.400 such thing as the real estate market. There's thousands of 0:06:57.400 --> 0:06:59.760 markets broken down by sized, type, location, things like that. 0:07:00.080 --> 0:07:03.200 In a city like Miami, could see like condos dropping 0:07:03.240 --> 0:07:05.160 because they were overbuilt, while homes are going up at 0:07:05.160 --> 0:07:08.080 the same time, but the median is going up about 0:07:08.120 --> 0:07:10.840 the same rate. So if you're waiting for home prices 0:07:10.840 --> 0:07:14.120 to come down, you might be waiting for the money 0:07:14.200 --> 0:07:15.560 supply to come back down. 0:07:15.600 --> 0:07:17.760 But we'll get that in a second, all right. 0:07:17.800 --> 0:07:20.040 We can also look at the price of all types 0:07:20.080 --> 0:07:23.720 of consumer prices about the same So eggs seventy one 0:07:23.760 --> 0:07:27.760 percent increase, milk fifteen percent increase, beef about twenty percent, 0:07:28.120 --> 0:07:33.120 cheese thirty percent, wheat thirty percent, gasoline thirty five percent. 0:07:33.600 --> 0:07:36.800 So consumer prices went up more or less around the 0:07:36.840 --> 0:07:39.240 forty or fifty percent, some a little bit less, some 0:07:39.320 --> 0:07:41.360 a little bit more. It just depends because there's a 0:07:41.360 --> 0:07:43.920 supply and demand that go into that. But you start 0:07:43.960 --> 0:07:46.760 to understand the situation a little bit better. And it 0:07:46.800 --> 0:07:50.640 wasn't just consumer prices, which obviously affects us, so it's 0:07:50.760 --> 0:07:53.720 also asset prices going up, and if you're not buying assets, 0:07:53.720 --> 0:07:57.040 you're falling further behind. Gold went up about seventy one 0:07:57.120 --> 0:08:00.960 percent as the money supply expanded about sixty percent. Crude 0:08:00.960 --> 0:08:03.080 oil went up about twenty three percent. When the price 0:08:03.080 --> 0:08:05.000 of oil goes up, the price of everything goes up. 0:08:05.160 --> 0:08:07.320 The s and P five hundred went up about seventy 0:08:07.440 --> 0:08:11.040 nine percent, very similar to gold seventy seventy nine percent. 0:08:11.360 --> 0:08:14.800 The NASDAK went up one hundred and twelve percent, all right, 0:08:14.840 --> 0:08:17.760 So we can see that as that money supplies expanding 0:08:18.080 --> 0:08:20.320 the cost of all types of things from eggs and 0:08:20.400 --> 0:08:23.200 cheese and milk to homes and gold and s and 0:08:23.240 --> 0:08:26.640 P five hundred all went up as well, albeit at 0:08:26.680 --> 0:08:30.160 a little bit of different rates. A small business owner, 0:08:30.280 --> 0:08:33.080 are you buried in all types of work keeping you 0:08:33.120 --> 0:08:35.679 from the real thing that makes you money? Well that's 0:08:35.720 --> 0:08:37.719 where just Works comes in. 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So visit justworks dot com, slash podcast to 0:09:09.400 --> 0:09:12.320 join the thousands of small businesses that trust Just Works 0:09:12.440 --> 0:09:15.880 to take care of payroll, benefits, compliance and more. Again, 0:09:16.040 --> 0:09:21.680 that's justworks dot Com slash podcast. Now, if you want 0:09:21.679 --> 0:09:24.439 to know why I think home prices are going up 0:09:24.440 --> 0:09:27.360 and not down, why I've been actually vocal put it 0:09:27.360 --> 0:09:30.200 out here again. I think that home prices are up 0:09:30.360 --> 0:09:34.560 another fifty percent in five years from now, not down. Now. 0:09:34.559 --> 0:09:36.520 Could there be a dip and could part of Miami 0:09:36.520 --> 0:09:37.839 go down while part of Miami goes up? 0:09:37.880 --> 0:09:40.880 Certainly, But as a national media I believe it'll be 0:09:41.000 --> 0:09:44.040 up about fifty percent in five years, and so will 0:09:44.080 --> 0:09:45.640 all those other prices have shown you. 0:09:46.000 --> 0:09:47.839 Why do I say that, and maybe. 0:09:47.720 --> 0:09:50.240 With a lot of confidence, Well, because the government tells 0:09:50.280 --> 0:09:53.280 us so. So here is the United States government, the 0:09:53.360 --> 0:09:57.559 CBO Congressional Budget Office, and they project out where things 0:09:57.600 --> 0:10:00.160 would be over the next five years, ten years, and 0:10:00.160 --> 0:10:04.000 even the next thirty years. Now, again this isn't the world, 0:10:04.120 --> 0:10:06.440 this is the United States. But understanding the US sort 0:10:06.480 --> 0:10:08.440 of sets policy for the rest of the world. 0:10:08.480 --> 0:10:09.520 It's a good way to look at this. 0:10:09.760 --> 0:10:12.480 So what we can see here's a dotted line of 0:10:12.480 --> 0:10:14.800 where we are today. This is twenty thirty five. This 0:10:14.880 --> 0:10:17.880 is just the next decade alone, and what they're projecting 0:10:18.040 --> 0:10:20.600 is the deficit, the amount of debt we take on 0:10:20.720 --> 0:10:23.440 every year to spend more than we bring in, is 0:10:23.520 --> 0:10:25.560 expected to continue to go up. 0:10:26.679 --> 0:10:28.000 The amount of debt. 0:10:28.040 --> 0:10:31.120 That we add because of the deficit spending, this dotted 0:10:31.160 --> 0:10:34.360 line is where we're at, is projected to go up, 0:10:35.000 --> 0:10:36.960 and as a matter of fact, it's projected to go 0:10:37.080 --> 0:10:38.360 up at a faster. 0:10:38.160 --> 0:10:40.360 Rate than what it has been going up. 0:10:41.080 --> 0:10:43.760 So if we're up about fifty percent in the last 0:10:43.840 --> 0:10:46.280 four years, we're probably up another fifty. 0:10:46.000 --> 0:10:47.800 Percent in the next four to five years. And if 0:10:47.800 --> 0:10:48.840 we're up another fifty. 0:10:48.640 --> 0:10:51.760 Percent, as the government projects, that. 0:10:51.679 --> 0:10:54.680 Pushes the prices of things back up. That's why I 0:10:54.679 --> 0:10:55.520 think that happens. 0:10:55.640 --> 0:10:57.880 Now. We can get deeper into the CBO charts, but 0:10:57.960 --> 0:11:00.520 we'll save that for another video. They give us all 0:11:00.559 --> 0:11:03.520 types of numbers, including they just revise some numbers with 0:11:03.960 --> 0:11:09.360 population going down, which means less workers. That means Genie 0:11:09.400 --> 0:11:12.679 P goes down, and that means we need more debt. 0:11:13.240 --> 0:11:14.439 We can get into that if you want a whole 0:11:14.480 --> 0:11:16.000 video on that, drop that down below. 0:11:16.040 --> 0:11:17.480 But here's the problem with this. 0:11:17.559 --> 0:11:20.920 Okay, So the escape plan, so we can see that 0:11:20.960 --> 0:11:23.679 the money supply is going to continue to expand we 0:11:23.760 --> 0:11:26.960 know that the cost of milk and cheese and eggs, homes, 0:11:27.120 --> 0:11:29.360 everything's going to continue to go up, so you don't 0:11:29.360 --> 0:11:31.000 have another chance to get in. It's only going to 0:11:31.000 --> 0:11:32.040 continue to pass you by. 0:11:32.360 --> 0:11:33.120 So what do we do. 0:11:33.200 --> 0:11:36.040 Well, the escape plan is that your financial advisor and 0:11:36.120 --> 0:11:38.400 Wall Street you are saying, just take part of your 0:11:38.400 --> 0:11:40.400 paycheck every week and put it into your index fund 0:11:40.480 --> 0:11:41.959 or your four to one carry mutual fund. 0:11:42.280 --> 0:11:43.640 But here's the problem with that. 0:11:44.160 --> 0:11:47.080 So if we put things into index funds, we can 0:11:47.120 --> 0:11:49.800 see that well, let's just recap this here real quick, 0:11:50.040 --> 0:11:52.480 so we can see that the Federal Reserve balance sheet 0:11:52.600 --> 0:11:56.280 is going up by about sixteen point seven percent per 0:11:56.360 --> 0:11:59.079 year over the last four years, so it's averaging a 0:11:59.160 --> 0:12:02.520 sixteen percent growth rate. The US money supply is going 0:12:02.600 --> 0:12:05.400 up about ten percent a year, and the global money 0:12:05.400 --> 0:12:07.240 supply is going up by about eight. 0:12:07.080 --> 0:12:07.840 Percent a year. 0:12:08.320 --> 0:12:11.440 So if as I've shown you, if the expansion of 0:12:11.440 --> 0:12:17.000 the money supply creates the increase of prices as I've 0:12:17.040 --> 0:12:21.520 shown you, then if we continue that as the CBO projects, 0:12:22.160 --> 0:12:25.160 if we continue this trajectory of sixteen point seven percent, 0:12:25.480 --> 0:12:28.080 that means that my money has to make me more 0:12:28.160 --> 0:12:31.480 than sixteen point seven percent in order for me to 0:12:31.559 --> 0:12:35.520 get ahead. So there's keeping up. If I earn five percent, 0:12:35.679 --> 0:12:40.200 I'm not eating ahead. I'm losing about half. If I 0:12:40.320 --> 0:12:44.079 earn ten percent, I'm almost kind of keeping on par. 0:12:44.440 --> 0:12:45.880 If I want to get ahead, I need to be 0:12:45.920 --> 0:12:48.400 making seventeen percent or more. 0:12:48.800 --> 0:12:50.640 Okay, But here's the problem with that. 0:12:51.640 --> 0:12:54.559 If we look at all the asset classes, we can 0:12:54.600 --> 0:12:59.160 see that only two Bitcoin here and Nasdak have been 0:12:59.200 --> 0:13:02.720 able to beat that. The Nasdak is seventeen point four percent, 0:13:03.160 --> 0:13:06.560 just barely keeping up. Bitcoin is at one hundred and 0:13:06.559 --> 0:13:09.720 forty four percent. Everything else is below. 0:13:09.880 --> 0:13:10.959 The S and P five. 0:13:10.880 --> 0:13:14.280 Hundred and golden commodities and everything else is below. We 0:13:14.400 --> 0:13:16.160 can see that when we put the S and P 0:13:16.360 --> 0:13:20.800 five hundred over the money supply, they move almost perfectly 0:13:20.840 --> 0:13:24.560 in lockstep, So homes and the S and P five 0:13:24.640 --> 0:13:26.960 hundred almost like perfect proxies for the amount of money 0:13:27.000 --> 0:13:27.400 going up. 0:13:27.720 --> 0:13:29.000 So we're not really getting ahead. 0:13:29.000 --> 0:13:30.439 We're not getting anywhere doing that. 0:13:30.679 --> 0:13:32.160 As a matter of fact, if we look at the 0:13:32.240 --> 0:13:35.280 S and P five hundred and we adjust it for 0:13:35.360 --> 0:13:38.200 the money supply, we can see that since the year 0:13:38.320 --> 0:13:42.160 two thousand, the S and p is actually down by 0:13:42.200 --> 0:13:44.840 twenty percent when you adjust it for the increase of 0:13:44.880 --> 0:13:47.280 the money supply during that same time period, which is 0:13:47.320 --> 0:13:48.680 why you see your stock. 0:13:48.440 --> 0:13:50.680 Account going up up, up. On paper, it looks like. 0:13:50.679 --> 0:13:53.040 You're getting rich, but you don't feel more rich. You 0:13:53.080 --> 0:13:55.400 feel that the cost of living is going down. Then 0:13:55.440 --> 0:13:57.880 on top of that, if you're putting money into mutual 0:13:57.880 --> 0:14:00.960 funds and things like that, you're falling even further behind 0:14:01.000 --> 0:14:02.640 because the fees are eating you alive. 0:14:02.920 --> 0:14:06.920 And we can see that most funds are failing. 0:14:06.520 --> 0:14:07.960 To meet their benchmarks. 0:14:08.000 --> 0:14:09.920 As a matter of fact, through twenty twenty three twenty 0:14:09.960 --> 0:14:14.400 twenty four, they're about eighty to ninety percent underperforming, So 0:14:14.640 --> 0:14:17.440 they're not even performing with the market as I've shown you, 0:14:17.760 --> 0:14:20.320 they're underperforming by eighty to ninety percent. And on top 0:14:20.440 --> 0:14:22.800 of that, you have to pay all the fees, so 0:14:22.840 --> 0:14:25.560 you're falling even further and further behind, and so it's 0:14:25.600 --> 0:14:28.560 creating what I call the investing black hole. So there's 0:14:28.600 --> 0:14:32.440 really only two assets that are beating that number, and 0:14:32.520 --> 0:14:35.720 again that's Nasdaq and Bitcoin. But the problem is when 0:14:35.720 --> 0:14:37.480 you look at it this way, you can see that 0:14:37.560 --> 0:14:40.280 if I price the NASDAK not in US dollars, but 0:14:40.320 --> 0:14:42.760 I price it in bitcoin. We can see the Nasdaq 0:14:42.920 --> 0:14:45.840 is also down ninety nine percent, So what are we 0:14:45.840 --> 0:14:46.440 gonna do about that? 0:14:46.440 --> 0:14:48.400 It seems like a big problem, and it kind of is. 0:14:48.680 --> 0:14:49.680 The good news is. 0:14:49.640 --> 0:14:52.200 It's pretty easy for us to do this, as I've 0:14:52.240 --> 0:14:54.800 already shown you the assets that we can do. But 0:14:55.000 --> 0:14:57.600 then it takes something different. This maybe not as easy, 0:14:57.600 --> 0:14:59.800 but it's possible for everybody. So the first thing is 0:15:00.320 --> 0:15:03.000 you're on your own, like no one's coming to save you. 0:15:03.280 --> 0:15:05.520 So if you want the easy way and you want 0:15:05.520 --> 0:15:07.360 to give your money to somebody, some fund manager from 0:15:07.400 --> 0:15:08.680 Wallstreet guy, then. 0:15:08.600 --> 0:15:10.400 You're gonna continue to underperform the market. 0:15:10.640 --> 0:15:12.680 So I would recommend that you take a little bit 0:15:12.680 --> 0:15:15.280 of time, effort, energy, and spend a little bit of 0:15:15.320 --> 0:15:16.720 time to learn about how you. 0:15:16.680 --> 0:15:18.040 Can manage your own money. 0:15:18.400 --> 0:15:21.200 Okay, number one, Number number one, Number two again, the 0:15:21.200 --> 0:15:25.040 black hole. Now the black hole is basically only NASDAK 0:15:25.200 --> 0:15:28.880 and Bitcoin are beating it. Because the reason why is 0:15:28.920 --> 0:15:31.800 because of this this fifty year cycle that's been repeating. 0:15:31.840 --> 0:15:34.080 I talk about this all the time. It's the sixth 0:15:34.200 --> 0:15:38.760 time we've seen this cycle repeat and basically the only 0:15:38.800 --> 0:15:41.640 place to make money is during this cycle, is in 0:15:41.840 --> 0:15:44.960 the specific cycle, all right, And this right now is 0:15:45.000 --> 0:15:47.960 this tech cycle that we're in, which is why the 0:15:47.960 --> 0:15:49.840 black hole is NASDAK and Bitcoin. 0:15:49.880 --> 0:15:51.880 I break this all down, I call it the quantum 0:15:51.920 --> 0:15:54.920 wave leap, all right. And then what we want to 0:15:54.920 --> 0:15:57.720 do is we want to change our mindset, all right. 0:15:57.800 --> 0:16:00.880 So while the world's getting more expensive for everybody else, 0:16:01.120 --> 0:16:04.360 the world could actually get cheaper for us if we 0:16:04.840 --> 0:16:07.320 shift our mind and have a different unit of account. 0:16:07.600 --> 0:16:09.680 So for example, here's a chart I used at a 0:16:09.800 --> 0:16:12.600 talk I gave recently over in Abu Dhabi. And if 0:16:12.600 --> 0:16:15.000 we look at the price of the typical house, as 0:16:15.000 --> 0:16:18.200 I already showed you, it's going higher and higher and higher. 0:16:18.400 --> 0:16:20.840 As a matter of fact, in twenty sixteen, the US 0:16:20.840 --> 0:16:22.640 median home was about two hundred and sixty thousand. 0:16:22.680 --> 0:16:24.480 Today it's about four hundred thousand. 0:16:24.800 --> 0:16:28.040 In twenty sixteen it was like six hundred bitcoin, and 0:16:28.080 --> 0:16:29.000 today it's like. 0:16:29.320 --> 0:16:31.040 Three bitcoin or four bitcoin. 0:16:32.000 --> 0:16:34.160 So we can see in US dollars, homes are getting 0:16:34.160 --> 0:16:36.400 more expensive, but in bitcoin. 0:16:36.080 --> 0:16:38.480 Homes are getting cheaper and cheaper and cheaper. 0:16:38.840 --> 0:16:41.760 If we look at other assets or goods like this, 0:16:42.120 --> 0:16:47.400 we can see that agriculture, eggs, cheese, beef, soybeans, wheat, lumber, 0:16:47.720 --> 0:16:51.280 and milk over a five year period have all fallen 0:16:51.880 --> 0:16:55.920 over ninety percent when they're priced in bitcoin. So when 0:16:55.960 --> 0:16:59.600 I priced everything in US dollars, homes and gold and 0:16:59.640 --> 0:17:03.800 oil and cheesey, cheese, milk, all that is getting more expensive. 0:17:04.359 --> 0:17:08.160 But if I change the unit of account, homes, gold, 0:17:08.640 --> 0:17:10.679 NASDAC and all these. 0:17:10.520 --> 0:17:12.760 Goods are getting cheaper and cheaper and cheaper. 0:17:13.320 --> 0:17:16.919 So all I have to do is change my mindset 0:17:17.080 --> 0:17:19.840 and change the unit of account the way I measure things. 0:17:20.000 --> 0:17:22.080 If you want the whole talk on this, I just 0:17:22.119 --> 0:17:23.280 put up on my website. 0:17:23.359 --> 0:17:25.119 The whole talk from Abu Dhabi is on there. 0:17:25.280 --> 0:17:27.240 But if you want to know more about this quantum 0:17:27.280 --> 0:17:29.760 wave leap and the different assets that we can buy 0:17:29.800 --> 0:17:31.800 with in that, I'm going to do a whole presentation 0:17:31.880 --> 0:17:33.720 on that next week, you can come hang out with me. 0:17:33.800 --> 0:17:34.480 It's all for free. 0:17:34.520 --> 0:17:36.840 I'm going to show you all the different charts, all 0:17:36.840 --> 0:17:40.080 the different assets that I like in this cycle. If 0:17:40.080 --> 0:17:42.240 you really want to change your unit of account the 0:17:42.359 --> 0:17:44.159 quantum wave leap, I'll put a link down below. Like 0:17:44.200 --> 0:17:46.439 I said, it's free, come hang out we'll go through 0:17:46.520 --> 0:17:48.400