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Your Money Is Losing Value Every Day? · Earn Your Leisure

• 0:00
  Speaker 1: We're gonna talk about inflation hitting a two year high,
• 0:04
  Speaker 1: and once again before we even leave that topic. That's
• 0:06
  Speaker 1: why it's important just to stay in the market because
• 0:09
  Speaker 1: you know people that people that lose are usually people
• 0:11
  Speaker 1: that have short term vision and short term plans. You
• 0:16
  Speaker 1: got to just be able to block out all the noise.
• 0:17
  Speaker 1: So inflation hits two years high, and we can tie
• 0:23
  Speaker 1: this in with everything that's been happened geopolitically. If you
• 0:25
  Speaker 1: if you haven't followed last market mondays, the story was
• 0:30
  Speaker 1: that Trump had a deadline for Tuesday at eight o'clock
• 0:35
  Speaker 1: that if they didn't comply, if I Ran didn't comply,
• 0:38
  Speaker 1: he was going to destroy the whole entire country. Then
• 0:41
  Speaker 1: Tuesday at seven o'clock he said that it was a
• 0:44
  Speaker 1: two week towards and then also we said on market Monday,
• 0:49
  Speaker 1: watch for sabotage. And then after the after the after
• 0:53
  Speaker 1: the ceasefire was announced, Bayrue got hit with one hundred
• 0:57
  Speaker 1: bombs and ten minutes stability. Then they go and they
• 1:01
  Speaker 1: have a twenty four hour forty eight hour conversation with
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  Speaker 1: JD Vance broken by Pakistan to try to have a
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  Speaker 1: peace deal, and they said that that was not successful
• 1:11
  Speaker 1: and they said that the United States is going to
• 1:13
  Speaker 1: take over the straight Irin said, that's fake news. Who
• 1:21
  Speaker 1: knows what's going on. The Pope has got involved, he's
• 1:26
  Speaker 1: expressed his how he's not happy with what's going on.
• 1:30
  Speaker 1: Donald Trump attacked the Pope and then he dressed up
• 1:34
  Speaker 1: as white Jesus on True.
• 1:38
  Speaker 2: Social Wait, he wasn't a doctor in that photo.
• 1:41
  Speaker 1: Well then yeah, Now, then he said that he was
• 1:44
  Speaker 1: a doctor. So a lot has happened. A lot has
• 1:47
  Speaker 1: happened over the last one week. Well.
• 1:50
  Speaker 3: He also accused China of providing them with arms, saying
• 1:54
  Speaker 3: that they were bringing in planes to bring them arms,
• 1:56
  Speaker 3: and then threatened to put a fifty tariff on all
• 2:00
  Speaker 3: these goods if that was true. They denied that the
• 2:02
  Speaker 3: arms were being brought So now tariffs are back into play.
• 2:06
  Speaker 3: I mean, it's a lot, it's a lot. It's a
• 2:08
  Speaker 3: lot going on.
• 2:09
  Speaker 1: It's a lot going on, and it's a lot of uncertainty,
• 2:13
  Speaker 1: which is Donald Trump's middle name. His middle name is uncertainty,
• 2:17
  Speaker 1: find clarity. But the market, the market has rallied. We'll
• 2:21
  Speaker 1: see how long that can last. But inflation, Inflation is
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  Speaker 1: always the silent killer of wealth, for sure. Inflation is
• 2:31
  Speaker 1: the silent killer of wealth, right, And that's something that
• 2:36
  Speaker 1: it's quiet. You don't you don't really realize what's going
• 2:39
  Speaker 1: on until you look up and your rent has gone
• 2:42
  Speaker 1: up one thousand dollars and the price of eggs has
• 2:45
  Speaker 1: gone up four dollars, and gasoline has gone up, you know,
• 2:49
  Speaker 1: two for four dollars per gallon. So inflation that will
• 2:54
  Speaker 1: add too, Yeah, high. What do we make of this?
• 2:58
  Speaker 2: I wouldn't want the job. But the part that's really
• 3:01
  Speaker 2: tough about that because when rent increases, once inflation starts
• 3:06
  Speaker 2: to slide back to a normal rate, the rent prices
• 3:10
  Speaker 2: don't come down. The mortgage rates don't always adjust as quickly.
• 3:14
  Speaker 2: The cost of living doesn't adjust. Just looking back into
• 3:17
  Speaker 2: let's say the twenty tens, the cost of living was
• 3:20
  Speaker 2: dramatically different than it is now. My fear in ten
• 3:23
  Speaker 2: years it'll probably be twenty five or thirty percent worse.
• 3:28
  Speaker 2: And it's not as bad as it can be. Like
• 3:30
  Speaker 2: in twenty twenty two it went to eight point three percent,
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  Speaker 2: which was destructive, and we're still being kind of taxed
• 3:40
  Speaker 2: at a twenty twenty two rate even though we're at
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  Speaker 2: three percent now. So even though the stock market is
• 3:48
  Speaker 2: doing well. As a result, it worries me that the
• 3:51
  Speaker 2: economy is not doing as well, and I think the
• 3:54
  Speaker 2: curtain is starting to be removed. There's a bunch of
• 3:57
  Speaker 2: things I think the FED could do. But if I'm
• 4:00
  Speaker 2: and long term, where we seem to be in an
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  Speaker 2: endless inflation cycle to like you said, to rob you
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  Speaker 2: of all wealth, it's not I don't think it's an accident.
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  Speaker 2: Then as soon as everyone got into the market in
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  Speaker 2: twenty twenty, and shock to everyone who's support us the
• 4:13
  Speaker 2: show from the very beginning that as soon as we
• 4:17
  Speaker 2: learned about business at a hot clip, they inflated damn
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  Speaker 2: near all of your gains away from twenty twenty. Like
• 4:23
  Speaker 2: think about this, we were talking about it before the
• 4:24
  Speaker 2: show between Nvidia, AMD, Micron sand Disc. You've had some
• 4:29
  Speaker 2: of the greatest returns in the history of the market.
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  Speaker 2: You also have the greatest disparity of wealth and have
• 4:37
  Speaker 2: and have not. And people now need one hundred to
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  Speaker 2: two hundred percent return in the market to feel safe
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  Speaker 2: to invest, because you can't even promise anyone seven to
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  Speaker 2: twelve percent if inflation is twenty five percent. We are
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  Speaker 2: on a destructive model that I have not seen and
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  Speaker 2: I don't know if it's going to turn around any sooner.
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  Speaker 2: I would be lying to say if I thought things
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  Speaker 2: would be better four or five years. So I don't
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  Speaker 2: know what the answer is here, but I know it's
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  Speaker 2: not going to come down in the time soon.
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  Speaker 3: What do you guys say, I don't I don't know
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  Speaker 3: if there's an answer currently, right, Like the FED being
• 5:12
  Speaker 3: involved is, I mean, yeah, there's things they can do,
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  Speaker 3: but what can they really do at this point Because
• 5:17
  Speaker 3: in a few months, who was going to be the
• 5:19
  Speaker 3: FED chair right, like you think about it. I mean,
• 5:22
  Speaker 3: he could come in, that's a great point. He could
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  Speaker 3: come into the position and figure out a way to
• 5:27
  Speaker 3: lower rates. But if oil is what's leading us as
• 5:30
  Speaker 3: the cause of inflation and we're still at war, then
• 5:33
  Speaker 3: you really can't lower rates. And that's when when you
• 5:36
  Speaker 3: look at the reports from February to March in terms
• 5:39
  Speaker 3: of inflation, we got two point four. Now we're at
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  Speaker 3: three point three. It's really inflated because of energy, right,
• 5:46
  Speaker 3: if you think about the energy caused oil's going up,
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  Speaker 3: that has been the leading us of it. Yeah, and
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  Speaker 3: if we don't have a curtail on that, if we
• 5:54
  Speaker 3: can't figure out how we lower these prices, How we
• 5:56
  Speaker 3: come out of this war, how we open the straight Yeah,
• 6:00
  Speaker 3: we're gonna We're gonna be in this cycle for a
• 6:01
  Speaker 3: little bit more because the Fat their job is to
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  Speaker 3: make sure that the economy stays at a stable point
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  Speaker 3: and we don't go to it stagflation or go into depression.
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  Speaker 3: But it's the leading cause of the actual conflict is oil. Yeah,
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  Speaker 3: what what do you do when your your your administration,
• 6:22
  Speaker 3: your president can't seem to figure this out.
• 6:26
  Speaker 1: Well, the only thing you can do is invest and
• 6:28
  Speaker 1: make more money, because inflation is something that's not gonna
• 6:30
  Speaker 1: go away. It's impossible. As long as the government keeps
• 6:33
  Speaker 1: printing money, then the money is going to become less
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  Speaker 1: valuable as individuals.
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  Speaker 3: You're saying, excuse me, you're saying, the only thing that
• 6:39
  Speaker 3: we can do as individuals invest. Yeah, I was saying,
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  Speaker 3: like the fat, what are they supposed to what can
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  Speaker 3: they do?
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  Speaker 1: Well? Have better monetary policy, and then the governance can
• 6:46
  Speaker 1: have better governance. And this war is helping to increase
• 6:49
  Speaker 1: inflation because we're spending money, we're increasing our debt. So
• 6:53
  Speaker 1: there are there are measures that can be taken to
• 6:56
  Speaker 1: cool cool off. You can you can definitely do a
• 7:00
  Speaker 1: variety of different things make money tighter, but then there's
• 7:04
  Speaker 1: side effects with that. So that's that's why it's very
• 7:06
  Speaker 1: important when they want to lower infreate, when they want
• 7:08
  Speaker 1: to lower inflation, they make money tighter. But by making
• 7:12
  Speaker 1: money tighter, that can if you if you're not careful,
• 7:15
  Speaker 1: you can cause a recession.
• 7:19
  Speaker 3: And if you look at the environment from the top
• 7:23
  Speaker 3: down where we talk about you know, these credit default
• 7:25
  Speaker 3: swaps and these big companies, more institutions of figuring out, hey,
• 7:29
  Speaker 3: we're putting limits on what you can get. I mean,
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  Speaker 3: the environment is kind of almost in that that secordless,
• 7:34
  Speaker 3: like hey we might we might be there anyway. So
• 7:37
  Speaker 3: it's it's a fine fine balance that they have to
• 7:39
  Speaker 3: figure out.