377: I Sold An Apartment Building, MMT In Today’s Economy with Dr. Randall Wray
I sold an eight plex apartment building for $789,000 last week. Learn lessons from my sale.
Dr. Randall Wray joins us to discuss where our economy is headed. He tells us about inflation, taxes, interest rates, and supply chain disruption dynamics.
Is Modern Monetary Theory (MMT) a utopia or disaster?
Taxes remove currency from the economy. This reduces inflation.
What about Universal Basic Income (UBI)? This basically means writing regular monthly checks to every citizen. Dr. Wray has strong opinions here.
Rapid currency creation and inflation is explored.
Dr. Randall Wray provides his recipe for full employment and stable prices.
It includes his answer of a “job creation program”.
Resources Mentioned >
Resources Mentioned: Learn more about Dr. Randall Wray: www.levy.org | Bill Mitchell’s MMT blog: http://bilbo.economicoutlook.net/blog/ | To learn more about eQRPs: text “EQRP” in ALL CAPS to 72000 or: eQRP.co | By texting “EQRP” to 72000 and opting in, you will receive periodic marketing messages from eQRP Co. Message & data rates may apply. Reply “STOP” to cancel. | Get mortgage loans for investment property: RidgeLendingGroup.com | JWB’s available Florida income property: CashFlowAndGrowth.com | New Const. Florida SFHs & multifamilies: www.B2Rdirect.com | Best Financial Education: GetRichEducation.com | Get our free, wealth-building “Don’t Quit Your Daydream Letter”: www.GetRichEducation.com/Letter | Top Properties & Providers: GREturnkey.com | Follow us on Instagram: @getricheducation | Keith’s personal Instagram: @keithweinhold
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