190: How Rising Inflation Makes You Wealthier with Richard Duncan
How Rising Inflation Makes You Wealthier with Richard Duncan
Did you think that inflation only makes you poorer? Learn many simple examples about how inflation makes you wealthy. Here’s a clue: inflation impoverishes savers and enriches debtors. MacroEconomist Richard Duncan joins us. He predicts the future direction of inflation and interest rates. Learn the difference between RE appreciation and RE inflation. Richard tells us why “money printing” no longer equals inflation. Globalization could be reversed. This pushes inflation higher. Richard tells you how to act in response to what’s coming. Richard’s brilliant economic work is at RichardDuncanEconomics.com. Get 50% off a MacroWatch subscription with the Discount Code “GRE”.
Want more wealth? 1) Grab my free newsletter at: GetRichEducation.com 2) For actionable turnkey real estate investing opportunities: GREturnkey.com 3) Read my new, best-selling book: GetRichEducation.com/Book Listen to this week’s show and learn:
01:03 I used to ask myself how RE investing could be any good.
02:18 Signs of consumer inflation.
04:05 Simple examples of how inflation makes you wealthy.
07:41 Financial forces you can and cannot control.
11:30 Is some inflation good?
13:40 Appreciation vs. Inflation.
15:16 Why “money printing” no longer equals inflation.
24:20 How globalization could reverse, stoking inflation. Tariffs, trade war.
27:27 Richard tells you how to act in response to what’s coming.
31:06 Richard’s brilliant economic work is at: RichardDuncanEconomics.com. Get 50% off a MacroWatch subscription with the Discount Code “GRE”.
32:32 My summary of Richard’s interview.