Podcasts about Inflation

On Thursday's Mark Levin Show, we bring you the best of Mark Levin on New Years Day.  President Trump announces that the U.S. America has launched “Operation Hawkeye Strike” in Syria after ISIS ambushed and killed two of our soldiers and an interpreter. Trump promised overwhelming retaliation—and he's delivering—sending jets, helicopters, and artillery to wipe out ISIS fighters and their infrastructure. This is real leadership: when you kill Americans, you pay the price. Later, America was founded by Christians—all delegates at the Constitutional Convention and Second Continental Congress were Christian—and Christianity is a tolerant, and humane faith enabling religious minorities to live freely. The Declaration of Independence's references to God stem from Judeo-Christian values, with Christianity heavily influenced by Judaism, as recognized by the founders; modern efforts, like those by Tucker Carlson, to separate the two are a new attack on both Jews and Christians, repudiated as blasphemy by pastors.  Americanism is fundamentally incompatible with Islamism. There's an alliance between leftists and Islamists driven by a shared goal of destroying the West, America, its Constitution, and republican system. Afterward, America owes its greatness to the Republican Party, which ended slavery and passed civil rights acts that Democrats wrongly claim credit for, rooted in foundational principles called constitutional conservatism. Without it, the nation would be an awful, dark, lawless place. The party fights to secure borders, promote assimilation, teach true history (good, bad, and ugly), and elect conservatives who embrace national ideals, leading to better quality of life in free states compared to dying blue ones. However, internal threats like Tucker Carlson, Nick Fuentes, and Steve Bannon seek to destroy the Republican Party—not just its establishment—and its Judeo-Christian foundations, abandoning the legacy of Lincoln, Theodore Roosevelt, Coolidge, Eisenhower, Reagan, and Trump, without specifying a replacement.  In addition, U.S. Attorney's office in Minnesota has announced new indictments in the Somali community revealing industrial-scale fraud in the state's Medicaid programs, with half or more of the roughly $18 billion paid out since 2018 potentially fraudulent across at least 14 high-risk services. The fraud outpaces other states, risking essential services and ripping off taxpayers. Why isn't there any outrage from Democrats like Rep Ilhan Omar? Also, Inflation is decreasing significantly, and the U.S. economy is poised for improvement despite possible short-term dips, ultimately leading to growth. President Trump has implemented extensive pro-growth measures across sectors such as natural resources, food, commercial fisheries, and farming, including removing Biden-era regulations, and enacting massive tax and regulatory cuts reminiscent of Reagan's. Finally, we have a growing terrorist threat in Europe stemming from the Israel-Hamas conflict in Gaza, which has been exported through operational networks involving Hamas, Hezbollah, and Iran.  These Islamists are already in the U.S. waiting and plotting.  Learn more about your ad choices. Visit podcastchoices.com/adchoices

The Fed is going to need some more not-QE and fast. We've got the year-end surge in repo borrowing at its window that is already way more than expected. At the same time, front end Treasury bill yields tumble in what is looking more like collateral scarcity along the lines of repo fails. Plus, the rest of the yield curve spent the entire fourth quarter – doing nothing. Literally nothing - and that's huge. Eurodollar University's Money & Macro Analysis---------------------------------------------------------------------------------------------------------------------What if your gold could actually pay you every month… in MORE gold?That's exactly what Monetary Metals does. You still own your gold, fully insured in your name, but instead of sitting idle, it earns real yield paid in physical gold. No selling. No trading. Just more gold every month.Check it out here: https://monetary-metals.com/snider---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------EDU LIVE PRESIDENT'S DAY FEBRUARY 2026If you're a serious investor and want to capitalize on what the monetary system is signaling right now, plus deep discussions about what truly is the greatest threat we all face, join me, Hugh Hendry, George Gammon, Steve Van Metre, Brent Johnson, Mike Green at Eurodollar University's very first Live Event, President's Day Weekend February 2026. To reserve your spot just go here but you better hurry, there aren't many spots left:https://eurodollar-university.com/event-home-page---------------------------------------------------------------------------------https://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

⁠Follow Gina: ⁠ www.themmg.ca & ⁠The MMG Podcast ⁠Thank you to our Sponsors: Training Day Cafe & Lachi Films ⁠Training Day Cafe⁠ & Iron Nation Fitness: Mention the pod for special offers⁠⁠Lachi Films Wedding Videography⁠⁠: Mention the pod for 10% off⁠⁠⁠⁠⁠⁠Desi Dontdoze Playlist⁠⁠⁠⁠⁠Producer/Audio Engineer ⁠⁠⁠⁠⁠Kyle Bhawan⁠⁠⁠⁠⁠-------------------------00:00 Intro 07:50 misconceptions about retirement 12:31 Lifestyle inflation 20:39 Step by step investing 33:38 Compounding Interest 36:47 Moving TFSA's38:19 110K Car Debt43:30 How much to save & invest 46:31 Investing in ETF's49:48 22K credit card debt 59:15 Condo's are bleeding money 1:00:17 Investing for your kids1:02:02 Best Travel rewards credit card1:03:31 House or Reception 1:05:27 life insurance 1:08:54 How to invest 139K 1:13:44 Student Loans 1:15:12 Single mom 1:16:51 28 y/o with 100k 1:18:03 Final thoughts 

Think You Know Silver? Take the quiz and uncover what school never taught you: https://www.rethinkingthedollar.com/silver-iq/Silver arbitrage is broken. The same ounce trades at $130 in Tokyo and just $71 in New York. One of those prices is a lie, and today's video uncovers why silver markets are fracturing and what it means for your portfolio.On January 1, 2026, China enacted silver export controls that locked up 60% of global refined supply. Elon Musk called it “not good” and he understated it. With Shanghai inventories at decade lows and U.S. COMEX registered stocks down 70% since 2020, the physical market is screaming a different price than paper.

In dieser Episode diskutieren Marco Herack und Ulrich die aktuellen wirtschaftlichen Herausforderungen, die Deutschland und China betreffen. Sie beleuchten die Auswirkungen der RMB-Aufwertung auf die deutsche Wirtschaft, die Herausforderungen der deutschen Automobilindustrie und die strategischen Veränderungen in China. Die Diskussion umfasst auch die Rolle von Inflation, Handelsbeziehungen und die Notwendigkeit von Innovationen in der deutschen Industrie. In dieser Episode diskutieren Ulrich und Marco die aktuellen wirtschaftlichen Herausforderungen, die Deutschland und Europa betreffen, insbesondere im Kontext der Energiekrise und der Konkurrenz durch China. Sie beleuchten die Notwendigkeit einer klaren Zukunftsvision für die deutsche Industrie und die Rolle der Politik in der Wirtschaft. Zudem wird die Situation des chinesischen Immobilienmarktes und dessen Auswirkungen auf die Konsumneigung der Bevölkerung thematisiert. Abschließend wird die Bedeutung technologischer Entwicklungen und deren Einfluss auf die Wettbewerbsfähigkeit hervorgehoben. (Zusammenfassung von Riverside AI)

As Bulgaria formally adopts the euro currency this January 1st, residents in the capital Sofia queued up in front of ATMs just after midnight to withdraw new banknotes. Also in this edition, the world's 500 richest people added a record $2.2 trillion to their fortunes in 2025. And on the occasion of Netflix's 'Stranger Things' finale, we see how the show became a cash machine for the streaming giant over the past ten years.

Edward Yardeni joins Soar Financially to recap his major market calls and lay out his outlook for 2026. We discuss market “fatigue” versus fear, the potential rotation away from Big Tech, excessive fiscal and monetary stimulus, and why Yardeni believes the U.S. economy remains resilient. He also explains why gold is a geopolitical hedge, not an inflation hedge, and why he sees a path toward $10,000 gold and a 10,000 S&P 500 by the end of the decade.#gold #2026outlook #tech ----------Thank you to our #sponsor MONEY METALS. Make sure to pay them a visit: https://bit.ly/BUYGoldSilver------------

Inflation, chute du rial, rues en ébullition : l’Iran traverse une crise explosive.Manifestations, arrestations, répression… simple crise sociale ou bascule politique ?

Japanese retailers are competing to offer low-priced goods as consumers continue to keep their purse strings tight amid inflation.

Während viele mittelständische Industrieunternehmen 2025 unter schrumpfenden Märkten, Fachkräftemangel und zunehmendem Wettbewerbsdruck leiden, setzt Robert Kirs auf eine bewährte Strategie: Zielgruppensegmentierung mit System. Als Geschäftsführer der Social Media Schwaben GmbH bringt er über 15 Jahre Industrieerfahrung mit – und zeigt in dieser Folge, warum 80 % des Erfolgs in Marketing & Vertrieb vor dem ersten Kontakt entschieden wird.Viele Hidden Champions verlassen sich noch immer auf Messen, Außendienst und Kaltakquise – und verlieren dabei massiv an Effizienz. Robert Kirs bricht mit dem traditionellen Ansatz und zeigt, wie exakte Zielgruppensegmentierung inkl. Entscheider-Mapping, Werksanalysen und regionaler Aufschlüsselung echte Gamechanger sind. Durch präzise Adressqualität entsteht ein Marketing- und Vertriebssystem, das Leads planbar macht – ohne Streuverluste.Zahlen, Daten, Fakten: Unternehmen, die die beschriebene Systematik anwenden, reduzieren ihre Vertriebszeit um bis zu 60 %, sparen jährlich sechsstellige Beträge – und steigern parallel ihren Umsatz um bis zu 35 %. Der Unterschied? Zielgruppenarbeit, die nicht delegiert, sondern strategisch geführt wird – direkt aus der Geschäftsführung heraus.In dieser Episode erfahren Entscheider aus Industrie, Maschinenbau und Anlagenbau eine konkrete 5-Schritte-Systematik zur Zielgruppenanalyse. Besonders relevant für Unternehmen, die bereits viele Kontakte haben, aber zu wenig Abschlüsse erzielen. Robert Kirs teilt exklusive Insights, wie er früher bei Bosch Millionenprojekte mitgesteuert hat – und heute Hidden Champions systematisch sichtbar macht.00:00 Intro: Warum 80 % des Erfolgs vor dem ersten Kontakt passieren00:46 Marktveränderung: Wie Industrieunternehmen unter Druck geraten02:00 Was erfolgreiche Partnerbetriebe heute anders machen03:30 Beispiel Automotive: Rückgang, Insolvenzen & indirekte Folgen05:00 Vertrieb unter Druck: Warum Angebote nicht mehr reichen06:00 Inflation & Margen: Warum Wachstum Pflicht ist08:20 Der blinde Fleck: 90 % kennen ihre Zielgruppe nicht richtig10:20 Zielgruppe ≠ Wunschkunde – die Realität im B2B13:10 Wer entscheidet wirklich? Werkebene, Rolle, Position, Region15:10 A-, B-, C-Kunden segmentieren: Praxisbeispiel16:30 Technik oder Einkauf? Prioritäten nach Erfolgswahrscheinlichkeit17:50 Wenn Kaltakquise nicht mehr funktioniert: Zeit für neue Wege18:40 Social Media als zusätzlicher Kontaktkanal19:45 Wie Zielgruppensegmentierung bares Geld spart21:00 Entscheidungsketten & Angebotstypen: Welche Zielgruppe passt zu was?23:00 CRM & CX: Adressenqualität ist 80 % des Erfolgs24:30 Vertrieb ≠ Marketing: Warum beides zusammenspielen muss25:10 Gute Leads → starke Verkäufer | Schlechte Leads → Misserfolg26:00 Call to Action: Zielgruppe klären, Zeit & Geld sparen

Dr. Berndt Fernow startet mit Dr. Thomas Meißner ins neue Jahr. Thema: „Raue See voraus?“ für 2026. Im Fokus stehen die USA mit Trumps Industriepolitik und möglichen Folgen für Konjunktur, Inflation und Fed. China wirkt stark, kämpft aber mit strukturellen Schwächen. Europa hofft auf Investitionsimpulse, Deutschland auf ein kleines Aufschwungsignal. Die EZB bleibt vorerst auf Kurs, doch bei den langen Renditen zeichnet sich eher ein Anstieg ab. An den Börsen treibt KI weiter die Fantasie, gleichzeitig drücken die hohen Investitionen auf künftige Gewinne und Bewertungen. Von geopolitischen Spannungen bis zu Staatsschulden - wachsam bleiben ist die Devise. Mehr zu unseren Erwartungen für 2026 können Sie lesen unter: https://www.lbbw.de/artikel/research-studien/jahresausblick-2026_ak1gte4dap_d.html

Original Release Date: November 25, 2025Our Chief U.S. Economist Michael Gapen breaks down how growth, inflation and the AI revolution could play out in 2026.Read more insights from Morgan Stanley.----- Transcript -----Michael Gapen: Welcome to Thoughts on the Market. I'm Michael Gapen, Morgan Stanley's Chief U.S. Economist.Today I'll review our 2026 U.S. Economic Outlook and what it means for growth, inflation, jobs and the Fed.It's Tuesday, November 25th, at 10am in New York.If 2025 was the year of fast and furious policy changes, then 2026 is when the dust settles.Last year, we predicted slow growth and sticky inflation, mainly because of strict trade and immigration policies – and this proved accurate. But this year, the story is changing. We see the U.S. economy finally moving past the high-uncertainty phase. Looking ahead, we see a return to modest growth of 1.8 percent in 2026 and 2 percent in 2027. Inflation should cool but it likely won't hit the Fed's 2 percent target. By the end of 2026, we see headline PCE inflation at 2.5 percent, core inflation at 2.6 percent, and both stay above the 2 percent target through 2027. In other words, the inflation fight isn't over, but the worst is behind us.So, if 2025 was slow growth and sticky inflation, then 2026 and [20]27 could be described as moderate growth and disinflation. The impact of trade and immigration policies should fade, and the economic climate should improve. Now, there are still some risks. Tariffs could push prices higher for consumers in the near term; or if firms cannot pass through tariffs, we worry about additional layoffs. But looking ahead to the second half of 2026 and beyond, we think those risks shift to the upside, with a better chance of positive surprises for growth.After all, AI-related business spending remains robust and upper income consumers are faring well. There is reason for optimism. That said, we think the most likely path for the economy is the return to modest growth. U.S. consumers start to rebound, but slowly. Tariffs will keep prices firm in the first half of 2026, squeezing purchasing power for low- and middle-income households. These households consume mainly through labor market income, and until inflation starts to retreat, purchasing power should be constrained.Real consumption should rise 1.6 percent in 2026 and 1.8 [percent] in 2027 – better, but not booming. The main culprit is a labor market that's still in ‘low-hire, low-fire' mode driven by immigration controls and tariff effects that keep hiring soft. We see unemployment peaking at 4.7 percent in the second quarter of 2026, then easing to 4.5 percent by year-end. Jobs are out there, but the labor market isn't roaring. It'll be hard for hiring to pick up until after tariffs have been absorbed.And when jobs cool, the Fed steps in. The Fed is cutting rates – but at a cost. After two 25 basis point rate cuts in September and October, we expect 75 basis points more by mid 2026, bringing the target range to 3.0-3.25 percent. Why? To insure against labor market weakness. But that insurance comes with a price: inflation staying above target longer. Think of it as the Fed walking a tightrope—lean too far toward jobs, and inflation lingers; lean too far toward inflation, and growth stumbles. For now the Fed has chosen the former.And how does AI fit into the macro picture? It's definitely a major growth driver. Spending on AI-related hardware, software, and data centers adds about 0.4 percent to growth in both 2026 and 2027. That's roughly 20 percent of total growth. But here's the twist: imports dilute the impact. After accounting for imported tech, AI's net contribution falls sharply. Still, we expect AI to boost productivity by 25-35 basis points by 2027, over our forecast horizon, marking the start of a new innovation cycle. In short: AI is planting the seeds now for bigger gains later.Of course, there are risks to our outlook. And let me flag three important ones. First, demand upside – meaning fiscal stimulus and business optimism push growth higher; under this scenario inflation stays hot, and the Fed pauses cuts. If the economy really picks up, then the Fed may need to take back the risk management cuts it's putting in now. That would be a shock to markets. Second, there's a productivity upside – in which case AI delivers bigger productivity gains, disinflation resumes, and rates drift lower. And lastly, a potential mild recession where tariffs and tight policy bite harder, GDP turns negative in early 2026, and the Fed slashes rates to near 1 percent. So in summary: 2026 looks to be a transition year with less drama but more nuance, as growth returns and inflation cools, while AI keeps rewriting the playbook.Thanks for listening. If you enjoy the show, please leave us a review wherever you listen and share Thoughts on the Market with a friend or colleague today.

Massive protests have broken out in Iran as the economy there implodes. This is no longer an uncommon occurrence as we're seeing more signs of the most dangerous phase of the economy. Spurred largely by younger generations who have born the brunt of economic suckitude their entire lives, political upheaval is spreading and intensifying – maybe presenting opportunity but either way it is, by far, the greatest risk the world faces in 2026.Eurodollar University's Money & Macro Analysis------------------------------------------------------------------------------EDU LIVE PRESIDENT'S DAY FEBRUARY 2026If you're a serious investor and want to capitalize on what the monetary system is signaling right now, plus deep discussions about what truly is the greatest threat we all face, join me, Hugh Hendry, George Gammon, Steve Van Metre, Brent Johnson, Mike Green at Eurodollar University's very first Live Event, President's Day Weekend February 2026. To reserve your spot just go here but you better hurry, there aren't many spots left:https://eurodollar-university.com/event-home-page---------------------------------------------------------------------------------Bloomberg Gen Z Revolts Against Dystopian Future as Protests Spread Worldwidehttps://www.bloomberg.com/features/2025-gen-z-protest-worldwide/Gallup George H.W. Bush Retrospectivehttps://news.gallup.com/opinion/gallup/234971/george-bush-retrospective.aspxCSpan October 1992 Presidential Townhallhttps://www.c-span.org/clip/white-house-event/user-clip-clintons-i-feel-your-pain-moment/4842764https://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

As government continues to engage in reckless actions from inflation to starting wars, people develop shorter time horizons, creating social vacuums. Increased gambling and other irresponsible behaviors then fill the void.Original article: https://mises.org/mises-wire/kalshi-culture-how-gambling-speculation-and-degeneracy-went-mainstream

In this episode of Excess Returns, Jack Forehand and Matt Zeigler dig into forecast season by reviewing and synthesizing insights from 22 major Wall Street and institutional market outlooks. Rather than treating year-end forecasts as precise predictions, the conversation uses them as a framework for understanding consensus views, hidden assumptions, and where the real risks and surprises for 2026 may lie. The discussion spans macroeconomic conditions, AI-driven growth, earnings expectations, valuation risks, and the growing divergence beneath headline market performance, helping investors think more clearly about the range of outcomes ahead.Main topics covered• Why year-end market forecasts are still useful despite being consistently wrong on exact targets• What consensus forecasts reveal about expectations for economic growth in 2026• The role of artificial intelligence in driving earnings, productivity, and capital spending• Reacceleration versus late-cycle slowdown and how forecasters are split on the outlook• Inflation expectations, interest rates, and the likelihood of fewer Fed cuts than expected• Fiscal policy, deficits, and the growing role of government stimulus• Energy constraints, data centers, and the physical limits of the AI buildout• Profit margin expansion versus revenue growth and why this matters for valuations• S&P 500 price targets, earnings assumptions, and where optimism and caution diverge• The dominance of the Magnificent Seven and the debate over market and earnings broadening• Risks beneath the surface, including margin compression, valuation resets, and sector rotation• What investors can learn by comparing the most bullish and most bearish forecastsTimestamps00:00 Forecast season and why reading outlooks still matters03:00 Why precise market targets are misleading but informative05:30 Using consensus forecasts to identify risks and surprises08:30 AI, economic reacceleration, and productivity expectations13:00 Recession risks, stagflation fears, and late-cycle dynamics17:00 Inflation outlook and why it may reemerge later in the year22:00 Fed policy, rate cuts, and rising internal dissent26:00 Fiscal stimulus, deficits, and long-term consequences28:00 AI infrastructure, energy constraints, and data centers35:00 AI diffusion and real-world productivity gains39:00 S&P 500 targets, earnings growth, and valuation assumptions43:00 Profit margins, mean reversion, and long-term risks47:00 Magnificent Seven earnings versus the rest of the market52:00 Market broadening, international stocks, and diversification56:00 Key takeaways for investors heading into 2026

As government continues to engage in reckless actions from inflation to starting wars, people develop shorter time horizons, creating social vacuums. Increased gambling and other irresponsible behaviors then fill the void.Original article: https://mises.org/mises-wire/kalshi-culture-how-gambling-speculation-and-degeneracy-went-mainstream

Bulgaria will formally adopt the euro as its currency starting on January 1, leaving behind the lev, which it has used since the late 19th century. The move is unpopular with almost half the country's population over fears it could spark higher inflation, something that mistrusted authorities have been trying to downplay. Also in this edition: a central district of Budapest bans short-term rentals starting this January in a bid to fix a housing crisis.

Both sides of our political world have created a big problem with inflation! And both sides seem to be happy to put it off as an affordability problem that needs additional government help.Milton Freeman did a good job describing how inflation really works.Clip Used: Milton Friedman - Only Government Creates InflationBy: LibertyPenFollow Us:YouTubeTwitterFacebookBlueskyAll audio & videos edited by: Jay Prescott Videography

In The Last Word, Greg Belfrage gives his final thoughts on the day's news including the body that was found and the possibility that it is missing teen Camilla Mendoza Almos, from Texas. Jim O'Neilll will no longer pay Minnesota for childcare until an audit is done and changes are made. The 40% inflation in Iran and the protests in response. Netanyahu and Iran's relationship, democrats and funding deadlines, the federal government, and more...See omnystudio.com/listener for privacy information.

In Top of the News Stack, Greg Belfrage goes over the day's headlines including the missing Teen in Texas, Trump freezing childcare payments to Minnesota, Protests in Iran due to 40% inflation, Healthcare subsidies and congress, end of the year lists, and more...See omnystudio.com/listener for privacy information.

Not all wholesalers play the game the same way—and the smart ones always come out ahead. In this episode, Aaron Chapman breaks down the hidden forces that impact your money, from inflation eating away at your buying power to the real cost of interest payments. Learn how to find better deals, make strategic financing moves, and shift your mindset from chasing cash flow to building lasting wealth. If you're serious about wholesaling, join the TTP Training Program.---------Show notes:(0:52) Beginning of today's episode(4:14) Inflation lowering the value of your dollars(7:04) Your dollars are losing 8% of its value or buying power every year(7:54) Finding deals and buying(14:53) The longer you take to pay the less you actually pay.(17:07) Interest paying position(28:52) We're not a cash flow market we are an appreciation one(34:24) Is timing the market important?----------Resources:To speak with Brent or one of our other expert coaches call (281) 835-4201 or schedule your free discovery call here to learn about our mentorship programs and become part of the TribeGo to Wholesalingincgroup.com to become part of one of the fastest growing Facebook communities in the Wholesaling space. Get all of your burning Wholesaling questions answered, gain access to JV partnerships, and connect with other "success minded" Rhinos in the community.It's 100% free to join. The opportunities in this community are endless, what are you waiting for?

Repo fails just exploded, coming in at the highest weekly total since 2022. And this isn't even year-end. This is mid-December. It's the flat Beveridge economy that is exposing cracks in the credit markets. And along those lines, we've got an update on the Tricolor debacle and how it was actually uncovered that will knock your socks off u But it also does a really good job of explaining why there is so much risk aversion exploding throughout the monetary system. Eurodollar University's Money & Macro Analysis------------------------------------------------------------------------------EDU LIVE PRESIDENT'S DAY FEBRUARY 2026If you're a serious investor and want to capitalize on what the monetary system is signaling right now, plus deep discussions about what truly is the greatest threat we all face, join me, Hugh Hendry, George Gammon, Steve Van Metre, Brent Johnson, Mike Green at Eurodollar University's very first Live Event, President's Day Weekend February 2026. To reserve your spot just go here but you better hurry, there aren't many spots left:https://eurodollar-university.com/event-home-page---------------------------------------------------------------------------------https://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

Some analysts fear the coming year could be pretty gruesome, as a slowing economy get compounded by rising unemployment, right as tapped-out consumers buckle under the high cost of living & rising debt delinquencies.The Adminsitration however, projects a much more confident outlook.One of booming economic growth, contained inflation, lower taxes, more jobs and meaningful government cost containment.Which future is more likely?To discuss, we have the good fortune today to welcome back to the program Jim Bianco, President and Macro Strategist at Bianco Research, LLC.WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com#inflation #interestrates #federalreserve _____________________________________________ Thoughtful Money LLC is a Registered Investment Advisor Promoter.We produce educational content geared for the individual investor. It's important to note that this content is NOT investment advice, individual or otherwise, nor should be construed as such.We recommend that most investors, especially if inexperienced, should consider benefiting from the direction and guidance of a qualified financial advisor registered with the U.S. Securities and Exchange Commission (SEC) or state securities regulators who can develop & implement a personalized financial plan based on a customer's unique goals, needs & risk tolerance.IMPORTANT NOTE: There are risks associated with investing in securities.Investing in stocks, bonds, exchange traded funds, mutual funds, money market funds, and other types of securities involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods.A security's or a firm's past investment performance is not a guarantee or predictor of future investment performance.Thoughtful Money and the Thoughtful Money logo are trademarks of Thoughtful Money LLC.Copyright © 2025 Thoughtful Money LLC. All rights reserved.

Andrew and Ben discuss Meta's latest acquisition plans and the Dallas Fed survey. Join our live YouTube stream Monday through Friday at 8:30 AM EST:http://www.youtube.com/@TheMorningMarketBriefingPlease see disclosures:https://www.narwhal.com/disclosure

As 2025 comes to a close, Todd Huff lays out what lies ahead in 2026 — politically, economically, and culturally. From the midterm election landscape and potential House and Senate outcomes to economic growth, inflation realities, tariffs, immigration enforcement, and voter roll cleanup, this episode prepares listeners for what's coming next. Todd also discusses the likelihood of government shutdowns, escalating media attacks, conservative infighting, independent journalism exposing corruption, and unresolved questions surrounding Epstein. This isn't prediction — it's expectation, grounded in history, human nature, and hard political realities. Buckle up, because 2026 is shaping up to be a high-stakes year for liberty, accountability, and the future of the country.

Paul Lane and Marc Fandetti discuss how Fed minutes could show how high the bar is for more rate cuts. Bessent sees room for a future revamp of the Fed's 2% target. 2025 US Economy: rising prices, hiring slowdown, and rollercoaster growth. Todd Lutsky joins the show to share his thoughts on balancing asset protection and avoiding estate taxes. Los Angeles tightens rent controls for first time in four decades.

As 2025 comes to a close, Todd Huff lays out what lies ahead in 2026 — politically, economically, and culturally. From the midterm election landscape and potential House and Senate outcomes to economic growth, inflation realities, tariffs, immigration enforcement, and voter roll cleanup, this episode prepares listeners for what's coming next. Todd also discusses the likelihood of government shutdowns, escalating media attacks, conservative infighting, independent journalism exposing corruption, and unresolved questions surrounding Epstein. This isn't prediction — it's expectation, grounded in history, human nature, and hard political realities. Buckle up, because 2026 is shaping up to be a high-stakes year for liberty, accountability, and the future of the country.

Segment 1 & 2: Tom Gimbel, job expert and founder of LaSalle Network, joins John to talk about year-end reviews, starting 2026 off on the right foot, and how journaling you wins and losses professionally can help your career. Segment 3: Paul Nolte, Senior Wealth Advisor and Market Strategist, Murphy & Sylvest, joins John to discuss inflation, market […]

In this special year-end episode of Pricing Heroes, we revisit one of our most widely listened-to conversations of the year: our 2025 pricing predictions roundtable. Recorded in January, this episode brought together nine leading pricing experts to share their perspectives on the forces they believed would shape pricing throughout the year ahead.Now, as 2025 comes to a close, those predictions read less like forecasts and more like a reflection of the realities pricing teams have spent the year navigating. From tariffs and inflation pressures to the rapid adoption of AI, growing scrutiny of algorithmic pricing, and the ongoing evolution of pricing organizations, this episode offers a valuable opportunity to reflect on what held up, what proved more complex in practice, and what pricing leaders can take forward into 2026.Rather than revisiting predictions in hindsight, this conversation captures how experienced practitioners were thinking about pricing at the start of the year — and why many of those perspectives remain highly relevant today.Featured Experts:

All of these moments point to the same reality: the monetary system we live in is failing in real time. Inflation erodes savings, governments tighten control, and ordinary people pay the price. Bitcoin isn't just about number go up — it's an escape hatch. A neutral, permissionless system that lets individuals protect their wealth, their freedom, and their sovereignty as the old system continues to unravel.SPONSORS✅ Ledn⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.nmj1gs2i.com/9W598/9B9DM/?source_id=podcast⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Simply Bitcoin clients get 0.25% off their first loanNeed liquidity without selling your Bitcoin? Ledn has been the trusted Bitcoin-backed lending platform for 6+ years. Access your BTC's value while HODLing.

Mark Cloutier, chairman & CEO, Aspen, said climate risk and social inflation help maintain pricing discipline in reinsurance markets despite cycle pressures. Cloutier spoke with AM Best TV at the Rendez-Vous de Septembre conference, Monte Carlo.

CarMax is back as a microcosm of the entire consumer economy. The company stumbled back in the spring then at the end of summer declared – no big deal - everything was turning around. Instead, not long after management eventually admitted it didn't turn around which, this past week, was totally confirmed when CarMax reported sales that had basically crashed during the quarter. Eurodollar University's conversations w/Steve Van Metre---------------------------------------------------------------------------------------------------------------------What if your gold could actually pay you every month… in MORE gold?That's exactly what Monetary Metals does. You still own your gold, fully insured in your name, but instead of sitting idle, it earns real yield paid in physical gold. No selling. No trading. Just more gold every month.Check it out here: https://monetary-metals.com/snider---------------------------------------------------------------------------------------------------------------------EDU LIVE PRESIDENT'S DAY FEBRUARY 2026If you're a serious investor and want to capitalize on what the monetary system is signaling right now, plus deep discussions about what truly is the greatest threat we all face, join me, Hugh Hendry, George Gammon, Steve Van Metre, Brent Johnson, Mike Green at Eurodollar University's very first Live Event, President's Day Weekend February 2026. To reserve your spot just go here but you better hurry, there aren't many spots left:https://eurodollar-university.com/event-home-page---------------------------------------------------------------------------------https://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

A New Year, A New Financial BlueprintWhat if the new year wasn't about resolutions—but about real financial positioning?As we step into a new year, this episode challenges the idea that retirement is tied to age and introduces a smarter way to think about income, protection, and legacy. Financial strategist Shateka Husser joins the show to break down how early planning, disciplined structure, and education can help families build tax-efficient income and long-term security—starting now, not decades from now.This is a timely New Year conversation about resetting your mindset, reclaiming control of your finances, and committing to legacy building in the year ahead. If you've been relying solely on your 401k or Social Security, this conversation is a wake-up call to the "unconventional wisdom" used by the wealthy to build legacies that last.Key Takeaways[04:21] The Social Security Myth: Why relying on government systems is a risk and how to close the "60% income gap" that most W-2 employees face at retirement.[09:47] The Tax Code Trap: Understanding why traditional accounts (401k, 403b, IRA) are written for the employer, not the employee, and how to pivot to IRS Code 7702.[10:48] Be Your Own Bank: A deep dive into the Infinite Banking Concept and how permanent cash value policies allow you to "eat the cookies and still have them grow."[15:15] Living Benefits vs. Death Benefits: Why you need a policy you can use while you're alive to pay off debt and fund investments like real estate or business ventures.[20:31] The "HIT" List: The three major termites that destroy retirement: Healthcare, Inflation, and Taxes—and how to protect your portfolio against them.[28:16] Retirement is an Income, Not an Age: Why Shateka advises against quitting your job too early and how to use your 9-to-5 as a "sponsor" for your ultimate freedom.Legacy Moment TakeawaysLegacy starts with structure, not age. Waiting until retirement age delays the opportunity to build income, protection, and options for the next generation.Connect with Shateka:Website: Shateka.comEmail: info@shatekahusser.comInstagram: https://www.instagram.com/shatekahusserofficial/?hl=enConnect with Corwyn:Contact Number: 843-619-3005Instagram:⁠ https://www.instagram.com/exitstrategiesradioshow/⁠FB Page:⁠ https://www.facebook.com/exitstrategiessc/⁠Youtube:⁠ https://www.youtube.com/channel/UCxoSuynJd5c4qQ_eDXLJaZA⁠Website:⁠ https://www.exitstrategiesradioshow.com⁠Linkedin:⁠ https://www.linkedin.com/in/cmelette/⁠Shoutout to our Sponsor: Mellifund Capital, LLCNeed funding for your next real estate flip or build? MelliFund Capital makes it fast, flexible, and investor-friendly. Visit MelliFundCapital.com and fund your future today. Again, that's MelliFundCapital.com, M-E-L-L-I-L-U-N-D, Capital.com.

It's been another interesting year in the world of personal finance and macroeconomics. As we look ahead to 2026… well, who really knows what's coming? I'll be sharing my own take—and making a few predictions—in an upcoming episode. What's hard to ignore is just how unusual this moment in history is. We're coming off COVID. We went through a rapid rise in interest rates, and now a pullback. Tariffs are back in the conversation. There are a lot of moving parts, and as usual, the consensus hasn't exactly nailed it. Almost every expert was convinced tariffs would push inflation higher. I expected at least a temporary bump—some transient inflation while markets adjusted. Then the CPI report came out at 2.7%. That's a lot closer to the Fed's 2% target, and nearly half a percentage point lower than expectations. Clearly, something else is going on. At the same time, GDP came in at around 4.3% growth. That's real strength. Inflation is coming down, growth is strong, and while the labor market is still a little murky, there's no question there's underlying momentum in the system. Investors haven't quite felt it yet. It's been a sticky environment. But my sense is that we're getting closer to a shift—more liquidity, more money in the system, and markets that may start moving meaningfully again. Of course, we'll see how it all plays out. For this episode, my producer Phil pulled together some of the highlights from the show in 2025—a look back at the conversations and ideas that stood out in a year when the data kept surprising just about everyone. I hope you enjoy it. And again, happy holidays. Merry Christmas, and Happy New Year. Transcript Disclaimer: This transcript was generated by AI and may not be 100% accurate. If you notice any errors or corrections, please email us at phil@wealthformula.com.  Welcome everybody. This is Buck Joffrey with D Wealth Formula Podcast, coming to you from Montecito, California and, uh, want to wish you, first of all, a happy holidays. Merry Christmas, happy new Year, all that. And, uh, yeah, it’s been, uh, it’s been another, uh, another interesting year in the world of personal finance and macroeconomics is what, what we talk about on the show. And as we look forward to 2026, gosh, who knows what’s gonna happen, right? Uh, well I’ll give you my take in, uh, show coming up where I’m gonna make some predictions. However, you know, it’s just, it, it, it’s just such an unusual time in, in history. Um, as we kind of look at. Coming off of COVID and having those high interest rates and then coming, uh, coming down and then having Trump elected and now the tariffs and well, gosh, who knows? Right? I mean, just for example, you know, almost every expert was pretty much guaranteeing that inflation would go up because of the tariffs. I mean, even if it was transient, which frankly I thought it was gonna be transient, meaning that there was gonna be a bump in inflation. For a period of time until there was a readjustment after tariffs. Well, TPI comes up most recent CPI is actually 2.7. You know, that’s much closer to the fed target of 2%. And, um, 2.7 was, you know, I think, uh, almost a half, half percentage point less than the expected, uh, CPI, uh, report. So that, that’s obviously something else is going on there. And then. GDP numbers came out and we had a four handle. It was like 4.3, I believe, GDP. So we’ve got incredible growth. We’ve got decreasing inflation. The labor market is still, I know, a little unclear, but it seems like there’s a lot of strength in this market. Of course, it’s really sticky investors. We haven’t quite felt that strength yet, but I do think you need to start anticipating. That markets are gonna come back pretty heavy, uh, with increased liquidity, uh, and a lot of money in the system. But we shall see, uh, this show. What we’re gonna do here is, uh, my, uh, producer Phil put this together, but it’s basically some of the highlights of, uh, the show in, in 2025. So hopefully you enjoy it. Uh, and again, happy holidays. Merry Christmas, new Year. And we’ll be back right after these messages. Wealth Formula banking is an ingenious concept powered by whole life insurance, but instead of acting just as a safety net, the strategy supercharges your investments. First, you create a personal financial reservoir that grows at a compounding interest rate much higher than any bank savings account. As your money accumulates, you borrow from your own. Bank to invest in other cash flowing investments. Here’s the key. Even though you’ve borrowed money at a simple interest rate, your insurance company keeps paying. You compound interest on that money even though you’ve borrowed it at result, you make money in two places at the same time. That’s why your investments get supercharged. This isn’t a new technique, it’s a refined strategy used by some of the wealthiest families in history, and it uses century old rock solid insurance companies as its back. Turbocharge your investments. Visit wealth formula banking.com. Again, that’s wealth formula banking.com. How do you approach the process of identifying stocks that are maybe best suited for consis consistent cash flow? Or do you just pick the stocks that you like and, and create the cash flow? Or are, you know, fundamental metrics that maybe you prioritize? Yeah, the, the, the first thing to determine. I think real estate investors understand this is if I were to invest in real estate, I’m gonna determine whether I’m gonna be a flipper, or I’m gonna try and buy low forced depreciation, sell high. Or if I’m gonna be a cashflow investor where I might invest in syndication, or I am, I’m gonna have tenants in property management. And the same is true with stocks. Most people start off by thinking about price rather than cash flow. They think about buy low, sell high, like a house slipper, and that’s, that’s less tenable in stocks because in real estate, if I buy low and sell high, I can do things to force appreciation. I can renovate, I can get new management, I can put in new appliances. I, there’s things I can do to force appreciation. But once a person buys a stock, there’s absolutely nothing you can do to make the stock price go up. But if you take a a, if you think of it like a real estate investor. You think about it like owning a business where the priority, as you mentioned these metrics, the priority is, Hey, what kind of cashflow will this produce be in terms of dividends and in my case, option premiums. And so some of the key metrics is, you know, if I, I’m basically buying a financial statement, same as real estate. You know, I, I, I, it is just a little different numbers in real estate. I wanna know what the net operating income is. In stocks, I might wanna know what the EBITDA is ’cause they’re essentially looking at the same types of things in real estate. I wanna know what the cap rate is in stocks. I wanna know what the PE ratio is, which is just the same number inverted. They just put the price on the top instead of the bottom. To me, I don’t see a difference between real estate and stocks, uh, in that they’re both a business or they charge someone for a good or a service. And there’s either cashflow there at the end of it or not. If people take a cash flow approach, they can begin to build on their passive income. And that contributes to that blueprint we mentioned earlier to get ’em outta the route race. So if you take a Warren Buffet approach, the most important number in that business is operational cash flow or earnings. Meaning does what they do, their operation. You know, you walk in there, a nice operation you got going here, you know, trucks are moving and you know, products are being built and shipped and, and nice operation. If they’re earning money, that means that’s the life flood of the business. That means it’s got a good moat. That means it’s pretty protected and that allows them to do two things for me. Number one is a dividend, which is exactly the same thing as a distribution in real estate. Uh, there is no difference, uh, in a syndication. I have a whole bunch of investors I’ve joined with where you have a share of this project and when the earnings come out, they distribute the, the distributions among the share shareholders. Same is true with stocks. They take the earnings, uh, we call it a payout ratio, and they take a, a, a significant amount of that money and they pay it in a dividend, same as a distribution. But what I do that’s a little bit unique buck is, uh, is I also have the options market on my side. Where I can use options to control risk, uh, to get guarantees where I can buy and sell, but even more importantly, I can offer, uh, and get paid for making promises to people. This is very much a Warren Buffet deal where it, it brings a significant increase to my monthly cash flow beyond the dividend, up to three, two and three times. Uh, the amount of money, two to 300% more cash flow. By being involved in the options market and that’s, that’s a nice secret sauce. The yield max Tesla option income, ETF, which is TSLY. And basically what it does is. Is it just does a series of longs and shorts and, and then generates what looks like to be kind of a, a ridiculous amount of, uh, dividend, uh, per, per month. So what are we missing here? What, what’s, well, you’re, you’re basically hiring those guys to mow your grass. It’s just like any other mutual fund or any other. They’re doing something you could absolutely do by yourself and not pay them a fee. There’s two cultures. There’s the advice culture and there’s the education culture and the advice culture. People say, look, I don’t wanna learn anything. Just gimme the advice. Well, you’ll pay for that in fees. And the problem with doing that is if you really listen to Warren Buffett, which 1% is enormous. Because in the wealth blueprint that we do for people, we use compounding. We use the compounding calculator to see what we’re gonna need. You drop that 1%, you give up 1% of your compounding powers as an investor over your life, it, it wouldn’t seem like 1%, but Buffet knows the truth. It’s enormous. So yeah, absolutely there are ETFs and there are funds that will do exactly what I do or what I teach people to do, but we have some advantages in doing it yourself because risk is about control. I trust myself more than I trust those guys any day of the week. And like I say, I’m doing this by month, so yeah. But it’s legit. How do you even make predictions? And second of all, I mean presumably you still have some forecasts over the next, uh, 12 to 24 months, and maybe you could tell us a little bit about that. Our methodology lends itself to times of uncertainty like this, and that’s the benefit of really relying on the leading indicators that we have. Now. We do have to take a little bit of a different approach. We have to look at data in a lot higher frequency today. You know, a lot of the data you get from government sources or quarterly data, monthly data, but we’re having to track weekly trends with the ever-changing environment that we find ourselves in. So we’re not surprised by the time any monthly or quarterly data comes out. The level of uncertainty that we’re dealing with is certainly unprecedented. I share an index each day, um, and we are three times more uncertain today than we were at the height of the pandemic. You know, put that in perspective, right? Yeah. So we do have to adjust, um. The, the way that we’re looking at data with higher frequencies, we also have to rerun a lot of these correlation analysis. Every single time we get a new data point to see are these lead times becoming more condensed? Do we have to make adjustments in our models as a result to maybe data reacting quicker than it might have in the past? So those are some of the ways that we’re, we’re continuing to evolve in these interesting times we live in. This relates to our forecast. Our team expected some weakness in the first part of this year, and, and we knew that coming in with the, with the tariffs that were proposed during President Trump’s campaign, we did have a weak first quarter GDP number forecast. Our team was 0.1% off of nailing that first quarter GDP number, so they were right on the money there. Uh, we were very impressed with that, but we do expect a sluggish first half of the year. We call it the recovery phase of the cycle. What we mean by that is our growth rates are still building momentum, but are still negative year over year. You know, ITR. Really known for its emphasis on leading indicators. So which of the leading indicators you guys rely on the most when and, and I guess which are flashing red or green right now? I’ll give you one of each. Uh, yeah. The one we’re in right now, we look at the purchasing managers, index isms, purchasing managers index. Now we look at at on a one 12 basis. What I mean by that is we compare the most recent month, the same month one year ago. The reason we look at it on that basis is it gives us 12 month lead time into the future when you correlate it to the economy. That index was recently rising until we got the most recent month of data, and then it dropped back down. So that is giving us the mixed signal of, hey, we need to be a little bit more concerned about the prospect for growth moving forward. Now the opposite is true when we look at an indicator called capacity utilization. What Capacity utilization measures, it’s about an eight month lead time to the economy. So still a nice view into the future, but what it measures is output over capacity, and that actually continues to improve meaning. And again, really all that means on a simple level is we’re utilizing more of our existing capacity, so we’re getting busier. If we look at the consumer side of inflation that the Fed’s more concerned about in terms of setting policy, we have inflation essentially flat this year from where we are today. Now, if you look at the CPI, it’s at 2.8%. Our projection for the end of the year is 2.8%. We don’t see inflation coming down much at all. As a result of that, that’s why you’re seeing Chairman Powell back off being able to cut rates and is holding these rates steady because he sees these higher inflation risks as well. And so from our perspective, it’s very unlikely you see any meaningful interest rate decline this year. Yeah. Now again, the second quarter, GDP number can have an impact on that. We do see a very weak second quarter chairman Powell alluded just a couple of days ago to some slack in the labor market. Maybe you can get a quarter point if we have a really weak second quarter, quarter point cut, but it just seems very unlikely given how persistent inflation has been. And so we tell all of our clients, prepare for interest rates to be relatively flat this year, and prepare for interest rates to rise through the balance of the second half of the decade. It’s not just tariffs, it’s employment costs, it’s electricity costs, it’s material costs. There’s a lot more driving higher inflation than just tariffs. What macroeconomic trends are you watching right now with regards to how they’re shaping the markets today? I think there’s really three things right over the long run. They’re gonna debase the currency, that’s gonna be a persistent tailwind for all liquid, uh, assets, including stocks. Bitcoin gold and bonds. And then I think that you also are going to have a, uh, very interesting dynamic around all these tariffs, uh, and kind of the administration’s economic policies. And then the third thing is that there is a whole technology, uh, trend to, uh, pay attention to. Uh, obviously innovation is very deflationary. Uh, we’ve got, you know, things from humanoid robots to rockets to gene editing, to uh, to crypto and everything in between. And so I think those three things really tell the story of where, uh, markets potentially go in the future. When I grew up, um. S and P 500 was the benchmark. There’s a risk-free rate in bonds. I believe that my generation and younger sees Bitcoin as the benchmark. And so, uh, it’s very simple. If you can’t beat it, you gotta buy it. And I think that there’s institutions around the country who are realizing they can’t beat the benchmark and therefore they will end up buying it. And really, to me, that is, uh, maybe the most interesting. Part of the entire conversation is that Bitcoin obviously has risen significantly on a percentage basis in appreciation. Bitcoin has kind of infiltrated every corner of finance, but most importantly is it has transitioned from a high risk, you know, kind of asymmetric type asset to now it’s becoming the hurdle rate uhhuh. And if you’re the hurdle rate, you suck up a lot of capital. Yeah. Because there’s not a lot of people who can beat you. And I think that that is a very powerful position for Bitcoin to be in. And that’s how you infiltrate into, uh, the institutional portfolios. Bitcoin will stop going up. When they stop printing money. I don’t think they’re gonna stop printing money, so I don’t think Bitcoin’s gonna stop going up. That’s kind of one huge component of this. The second thing is that Bitcoin is very unique in that the higher the price goes, the less risky it is deemed by the largest pools of capital. Mm-hmm. And so usually, you know, if NVIDIA’s at a $4 trillion market cap, people like, oh, it might be overvalued there. A lot of debate. Right. Bitcoin if it was at a $4 trillion market cap would be way less risky than it when’s at 2 trillion. And so there is a lot of structural advantages, both from the legacy world but also from the Bitcoin market that I think will continue to lead to these large institutional capital pools. Uh, allocating some percentage. And the beauty is right now we have very small adoption in that world. Uh, it’s only gonna get bigger. It’s only gonna get more normalized. And I think that one of the parts people really underestimate when it comes to Bitcoin is how important time passing is. You know, if you think back, uh, there is not anyone under the age of 16 that has lived their life without Bitcoin existing. If you’re keeping large chunks of money in savings account, paying less than 1% or any percent less than inflation, you’re bleeding wealth every single day. It feels safe. It looks safe, right? ’cause the numbers may not be moving nominally but it, but it’s not safe. It’s a bucket with a hole in the bottom and you don’t even notice until it’s almost empty. That’s why the wealthy don’t hoard cash. They own assets. They own assets that inflate with inflation. If you can’t beat ’em, join them. They buy things that grow in value as dollars shrink because they understand the system. They don’t fight it, they ride it. So you’ve said many times that the current monetary system is broken and headed for reckoning. So from your perspective, what are the core flaws in the system right now and how do we get here? Well, probably the largest and most obvious underlying flaw in the monetary system is the fact that the federal government just can’t balance its budget. And so they have to take on debt to cover the deficit that they run and that deficit. Well, you know, over the course of the last 20 years, it’s gone up and down. More recently, it’s gone mostly up and, uh. We just came through a period where, you know, it was reemphasized to everybody. Just what a problem this is. Because as you’ll recall, when Trump was first elected, they were talking about those, the Department of Government Efficiency and cutting expenses and you know, maybe 2 trillion or 1 trillion. Of course, then Elon got frustrated and left and the numbers have come down and you know, Trump and the Freedom Caucus was saying they were gonna try and balance the budget or at least cut expenses. And of course, what we know is that they just passed this big beautiful bill. Which really increases the deficits and they bump the debt, uh, ceiling up by another $5 trillion. So sadly, what do many of us have seen and been saying, which is to say they just can’t stop, kind of continue. Seems to be continuing. And, um, you know, the reason why that, just to close the full circle, the reason why that matters is they, they do this debt, they issue debt to cover these deficits, and then the debt requires interest payments and, you know, there’s not enough money to make the interest payments. And so. They more or less have to print the money, you know, and inflate the money supply to keep the system going. And that’s why it’s so important to hard assets. You know, we need to grow the economy at, you know, 4, 5, 6, 7% a year, which, which we’ve never really done on real terms. Well, I think that is kind of what they’re projecting it might be, but it, it’s gonna be harder than hell to achieve. I mean, it just, where you can’t just snap your fingers and create that growth. Now, don’t get me wrong, if you start to, if you ramp up inflation. If you have 10% inflation, well then the GDP number’s gonna get bigger, fast. And so really the model they’ve used, they call it the R Star model, is that they’ve got to have faster growth. Growth rate has to be higher than interest rates, or else you’re in a debt spiral. And so what’s been happening is, by the way, that’s why Trump wants to take interest rates down so much. You know, he is called for a 300 basis point cut. Imagine right now with inflation running at three plus percent, if they cut rates to one point a half percent or one point a quarter percent, I mean, it would be good for the economy. People would refi their houses. You know, there were all kinds of, you know, growth, right? Huge. But in turn it would be inflationary, very inflationary. That’s the trap. They’re really kind of caught in. It’s a seventies kind of stagflation sort of environment. You know, if they don’t keep rates low, they’re not gonna have any growth. If they want to get growth, they’ve gotta keep rates low. That’s gonna lead to monetary creation, which is gonna lead to inflation. Look how it all resolves is very complicated and none of us know. Yeah, sure. But what I do know with very high certainty, with a lot of confidence is this is going to be an inflationary decade. It’s already been an inflationary decade, and because of the way the math is today is very highly likely to continue to be an inflationary decade until we fix this monetary system. Well, we have less than 3% adoption. Three goes to six fairly easily. You know, human beings underestimate how long change really requires, and then we really underestimate how much change actually occurs. Think the internet like we are moving into a digital planet, right? Robots are not going to use credit cards, man. They’re not gonna use, they don’t need visa. We don’t need middlemen. The cool thing about Bitcoin, unlike the Rolls Royce, is you don’t have to buy the whole Rolls Royce. You can buy a fraction of it. You know, you don’t, maybe you guys partner with each other to do apartment buildings. Well, you’re already doing fractured deals on apartment buildings, so Sure. It’s not really that different. 2%, 3% goes to six. I mean, it does go to six. You have the largest ETF in the history of ETFs, okay? This supersedes the goal. ETF by orders of magnitude. I study markets very, very well, price. Really gets people’s attention. I think price is, uh, 90% of Bitcoin. Like I am truly a supply and demand guy. Oh wow. 21 million. And you guys have lost four. You lost 4 million coins. Oh, how’d you lose the 4 million? You lost the 4 million. I know how you lost it. You mispriced it. Bitcoin has been mispriced every day. Its entire history. Dude. 19 million coins have been issued. The addressable market is 8 billion people. You don’t need ’em all. Yep. You just need a small function of those 8 billion to go, Ooh. 21 million units and and four have been lost. It’s already mispriced. Okay. They’re pricing Bitcoin at one 15 Today, assuming there’s 21 million units, we know there’s not. There’s 17, so the supply shrunk. The market caps at 2 trillion. Hello. The standard deduction for a household is now, uh, what in a low 32,000 range. And it turns out that 60% of the households in the United States cannot take advantage of itemized deductions. That is when they take their mortgage interest, property taxes, charitable deductions, they don’t get that number. And so there’s not as much benefit to home ownership as there used to be in the United States. With our big institutional players, nobody wants their appraised values to be quickly marked down to market, because if your competitors don’t do the same thing and they’re part of the index and benchmark that you compete against, you’re going to underperform. And so we’ve traditionally had a lot. Appraised values for real estate among the institutional players, especially. You don’t get this out of the private market, but you get this from the nare players, the institutional type players, and, um, and everybody’s, uh, uh, fearful of underperforming that index. I would prefer as a private investor just to go ahead, bite the bullet and mark it down. Now take the pain if in fact you’ve seen it go down. Some markets have seen property values go down 30, 35% even in multifamily, but they’ve bottomed out in the transaction market and, and absolutely the, uh, the appraisers are gonna have to bring it down and the owners are gonna have to ease up that pressure and say, yes, I want a realistic appraisal. But, um, but there is that fear of underperforming the index and that’s. What’s holding up the American appraisal firms in 2008, 9, 10, 11, we saw a lot of deep distress. The the smart money was ready for it. Now, there’s a lot of people with dry powder, as we say. Ready to p on the market hoping for some distress from those who cannot refinance now, whose, whose CMBS loan or other money is, is rolling. A couple points there. One is, I think you’re going to see more loan modifications this cycle than last time because they realize it’s temporary and they realize that not all properties are in trouble. And these tend to be the higher leverage properties. The smart private wealth investors tended to use conservative leverage over the last several years knowing we’d hit a cycle and, and they probably are 65% or less. Leverage some of the, um, greener newer investment managers might have gone up to 80% and might have even used variable rate debt when they shouldn’t have. They’re the ones getting nailed. They’re losing all their equity and that property is distressed. So there’s not that much of it out there. But there’s a little bit, and I would certainly pounce on it if you can find it. There are often a lot of sort of hidden costs associated with buying versus renting. Can you talk about trying to weed through some of that? Sure some of the highest costs that we don’t think about when we own, although we do take cut down on risk. And also I think that’s come back to consumption. I, I is the fact that there’s the opportunity cost. So think about having 50%, a hundred percent of your home paid for. This, it’s the opportunity cost. You’ve actually taken capital out of play at higher returns to put it into something that perhaps, yes, you see it as a form of an investment, but it’s also partly consumption. And I think that’s why many people end up paying for their homes when they can, because there’s an old saying, and that is, you can’t go broke if you don’t owe money on it. Right? So if you, it’s hard for the lender to come get your home and you don’t really care, right? You wanna be able to. Have no debt on your home. It doesn’t make the typical financial sense if we argue at it from leverage and returns and maximization of returns. I think most people this high end level are looking at, you know, I, I, I, I have high net worth. I’m looking at both consumption and the investment side of the component. But very often the consumption wins and the investment is I can be safe and I can own this house. Outright in many states too. Your homeowner, the home that you live in, you are actually, if you’ve homesteaded the home, you’re actually protected against lawsuits and other things that are out there. Divorce cases will protect your position in, in terms of a homestead, so you can protect a significant portion of wealth by having a paid for home. What are some of those markets that are really overpriced versus. I guess underpriced right now. So when we look at the top 10 most overpriced markets in America right now, we look at their prices, where they are and compare them to where they should be statistically modeling them. We’re seeing the most overpriced markets are Detroit at 33.5% and then falling, falling, descending. Order of Cleveland, Ohio. New Haven, Connecticut, Akron, Ohio, Worcester, Massachusetts, Las Vegas, Nevada, Hartford, Connecticut. Rochester, New York, Knoxville, Tennessee, Toledo, Ohio. You’ll notice. And these are overpriced. These are overpriced. These, the overpriced mark. That’s so, that’s sort of counterintuitive, isn’t it? Ab absolutely. But yes. Wow. Okay. And then h how about the, uh, underpriced markets? I’m curious on that too. Sure. So when we then go to the opposite end of the spectrum, and usually now with underpriced comes risk and there’s risk in both of these markets, what you wanna do, both overpriced and underpriced, what you wanna be long term in a housing market. Uh, ’cause you want to be really close to that trend and not have these dramatic swings. It’s just like stock price. We don’t like volatility. Housing, it’s, it’s dangerous for performance. The most underpriced markets. We only have four markets in America right now that are trading at a discount relative to their long-term pricing trend. In other words, statistically, where they historically prices say prices should be today only four cities are underperforming. That that’s Austin, Texas at 3.1% below where they should be, or a discount of 3.1%. San Francisco at a discount of 6.5%. Wow. New Orleans, Louisiana at a discount of 8.7 and Honolulu, Hawaii at a discount of 10.3. Notice I’m not saying these markets are inexpensive. They’re just below where they’ve historically been. These are the best buys right now because they’re below their long-term trend. One of our other indices, we call it our price to rent ratio. It’s really a PE ratio for rents versus home ownership. And then so we can look at that. So if you’re in our a hundred markets, we know the average price, right? So it’s gonna be priced, divided by the annual average rent. So it’s gonna be how many dollars in price do you pay for every $1 and annual rent? And that gives us the relative difference between owning and renting. The higher that ratio. The, the more you should on in general be leaning towards renting, the lower that ratio, the more you should be leaning towards owning. And we used to do an old buy versus rent index for 23 cities. We now do it for 100 cities. And this price to rent ratio produces almost the same exact answer. So when we look at the average price to rent ratio in an area and we just compare, are they above or currently are you above the price to rent ratio? Uh, for Los Angeles, California. Are you below it? If you’re above that average for say the last 10 years, you’re gonna be rent friendly. If you’re below it, you’re gonna be bio friendly. I can do this very quickly. Pick a California market you’d like to know about. Why don’t we try Dallas, Texas. Okay. Dallas, Texas. That one’s in the top 100 in terms of population. So Dallas, Texas, uh, their price to rent ratio is at about a, just below a 6% premium. In other words, that trade off between renting and owning is about 6% above where it should be, so it slightly favors renting. I’ll jump to the next index. If we look at actual prices in Dallas, there’s a slight premium. So it’s, it’s, it’s telling me, Hey, that my price to rent ratio’s high, slightly favoring ownership, but it’s probably because prices are a little high and they might change. Uh, Dallas has had a bit of a. Premium right now. So I will now go look at Dallas rents. My gut feeling is they’re gonna be below average and they are. They’re at about a 4.5% discount. So that’s just market dynamics in motion right there. And we can do that for a hundred cities pretty quickly. Mm-hmm. You make a lot of money, but are still worried about retirement. Maybe you didn’t start earning until your thirties, now you’re trying to catch up. Meanwhile, you’ve got a mortgage, a private school to pay for, and you feel like you’re getting further and further behind. Good news. If you need to catch up on retirement, check out a program. M put off by some of the oldest and most prestigious life insurance companies in the world. It’s called Wealth Accelerator, and it can help you amplify your returns quickly, protect your money from creditors, and provide financial protection to your family if something happens to you. The concepts here are used by some of the wealthiest families in the world, and there’s no reason why they can’t be used by you. Check it out for yourself by going to wealth formula banking.com. Welcome back to the show everyone. Hope you enjoyed it and uh, once again. Thanks again for listening. Uh, I truly appreciate your support. I hope, uh, I hope it’s been entertaining for you and that you’ll learn something along the way and, um, you know, always appreciate your feedback. Shoot me an email, bucket wealth formula.com. Let me know if there’s things that you want me to do. Let me know if there’s things you wanna hear more about. Uh, but hopefully it’s gonna be a good year and we’re gonna keep plugging away talking about the, you know, try to get educated myself and pass along information to you on Wealth Formula Podcast. That’s it for me this week on Wealth Formula Podcast. This is Buck Joffrey. If you wanna learn more, you can now get free access to our in-depth personal finance course featuring industry leaders like Tom Wheel Wright and Ken McElroy. Visit well formula roadmap.com.

What if the money in your pocket wasn't a tool for freedom, but a mechanism for control? Inflation, surveillance, and financial exclusion actively shape who can save, speak, or participate in the global economy. Alex Gladstein joins the show to examine money as a human-rights issue, exploring how new digital tools are being used in places where traditional financial systems fail or are weaponized. Alex reframes money as a human-rights issue - tracing how digital currencies are reshaping power at the margins: enabling dissidents, protecting savings, and creating escape hatches from broken systems. It's not about speculation or hype... it's about sovereignty, repression, and what freedom actually looks like in a digitized global economy.--Timestamps:(00:00) - Introduction(00:17) - Bitcoin as Freedom Money(01:46) - The Need for Freedom Money(04:04) - Global Financial Repression(10:12) - Bitcoin's Resilience and Privacy(20:00) - Case Studies and Real-World Impact(23:03) - Bitcoin and the Future of Nation States(25:01) - The Cost of War and National Debt(25:36) - The Role of Banks in Government Spending(27:06) - Bitcoin's Potential to Empower People(27:36) - Dictators vs. Bitcoin(28:51) - The Rise of Stablecoins(29:43) - Bitcoin vs. Altcoins(38:13) - Ethereum's Flaws(40:39) - Bitcoin's Impact on Oppressed Nations(44:43) - The Future of Bitcoin and Dictatorships--Referenced in the Show:Alex Gladstein: https://alexgladstein.com/Freedom Money Essay – https://www.journalofdemocracy.org/articles/why-bitcoin-is-freedom-money/--Jacob Shapiro Site: jacobshapiro.comJacob Shapiro LinkedIn: linkedin.com/in/jacob-l-s-a9337416Jacob Twitter: x.com/JacobShapJacob Shapiro Substack: jashap.substack.com/subscribe --The Jacob Shapiro Show is produced and edited by Audiographies LLC. More information at audiographies.com--Jacob Shapiro is a speaker, consultant, author, and researcher covering global politics and affairs, economics, markets, technology, history, and culture. He speaks to audiences of all sizes around the world, helps global multinationals make strategic decisions about political risks and opportunities, and works directly with investors to grow and protect their assets in today's volatile global environment. His insights help audiences across industries like finance, agriculture, and energy make sense of the world.--

The Continentals and other paper monies only temporarily retained some value largely because of an initial promise of future redemption in gold and silver—a monetary “bait-and-switch.”Original article: https://mises.org/mises-wire/continental-bait-and-switch

In this episode of Gary and Shannon, Gary and Shannon discuss the challenges of the new year, including setting intentions and navigating the complexities of modern life. They dive into the world of steakhouses, where rising costs and profit margins are causing restaurants to get creative with their menus. The conversation also touches on the importance of accountability in politics, with a focus on the US-China tensions and the ongoing conflict in Ukraine. Additionally, they discuss the impact of affordability on everyday life, including the rising cost of groceries and the struggles of small businesses.See omnystudio.com/listener for privacy information.

This conversation dives into inflation, affordability, and why the Federal Reserve's next moves will shape markets heading into 2026. We unpack Trump's pressure on interest rates, the politics behind choosing the next Fed chair, and how global liquidity—from AI-driven growth to the yen carry trade—ripples through stocks, currencies, and crypto. Along the way, we explore why Bitcoin's stalled momentum may be a contrarian signal rather than the end of the story. Michael Novogratz is the Founder and CEO of Galaxy Digital. He was formerly a Partner and President of Fortress Investment Group LLC. Mr. Novogratz served on the New York Federal Reserve's Investment Advisory Committee on Financial Markets from 2012 to 2015. He serves as the Chairman of The Bail Project and has made criminal justice reform a focus of his family's foundation. Follow Anthony on X: ⁠⁠⁠https://x.com/Scaramucci⁠⁠⁠ Follow Novo on X: ⁠⁠⁠https://x.com/novogratz⁠⁠⁠ Anthony Scaramucci is the founder and managing partner of SkyBridge, a global alternative investment firm, and founder and chairman of SALT, a global thought leadership forum and venture studio. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The Continentals and other paper monies only temporarily retained some value largely because of an initial promise of future redemption in gold and silver—a monetary “bait-and-switch.”Original article: https://mises.org/mises-wire/continental-bait-and-switch

Your 60-second money minute. Today's topic: Oil Prices And Inflation Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

This week on TrendsTalk, ITR Economist Taylor St. Germain breaks down why inflation is expected to accelerate into 2026 and what it means for business margins, pricing strategy, and profitability. Producer costs are rising, consumer inflation is picking up, and interest rate flexibility may be limited. What should leaders be watching now, and how can organizations prepare before cost pressures intensify?

Think You Know Silver? Take the Quiz and Uncover What Most Investors Miss! https://www.rethinkingthedollar.com/silver-iq/

Iran's state TV says the country's central bank chief Mohammad Reza Farzin has stepped down, as the country faces growing protests over the high cost of living. The move comes after the Iranian rial plummeted to a record low against the dollar on Sunday. The central bank has been accused of printing too much money in an effort to shore up the currency, but instead pushing the nation on the verge of hyperinflation. Also in the segment: the price of silver briefly hits a record high. 

The past year has been a rough one for many Americans as the Trump administration works on what it says is a recovery from the Biden-era policies that drove up the cost of living. And while there has been improvement, especially compared to the peak inflation of 2022, a struggle continues. Recently, we spoke with Carol Roth, a former investment banker, entrepreneur, and author of the book "You Will Own Nothing, about what she calls the “wealth paradox.” Roth discussed what's driving inflation and why consumer spending remains strong despite higher prices. She also offered tips on how to get more out of your money and how to avoid unnecessary costs. We often must cut interviews short during the week, but we thought you might like to hear the full interview. Today on Fox News Rundown Extra, we will share our entire interview with Carol Roth. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The Bank of Japan keeps hiking its policy rate, Japanese bond yields continue to rise, yet no matter how high interest rates go over there the weaker the Japanese yen seems to get. And no one can figure out why. The government is stumped. Central bankers can only complain. And the yen is not the only one, but is a critical example of what everyone leaves out because they don't really know what they're looking at, or even looking for. Eurodollar University's Money & Macro Analysis------------------------------------------------------------EDU LIVE PRESIDENT'S DAY FEBRUARY 2026If you're a serious investor and want to capitalize on what the monetary system is signaling right now, plus deep discussions about what truly is the greatest threat we all face, join me, Hugh Hendry, George Gammon, Steve Van Metre, Brent Johnson, Mike Green at Eurodollar University's very first Live Event, President's Day Weekend February 2026. Reserve your spot below but you better hurry, there aren't many left:https://eurodollar-university.com/event-home-page---------------------------------------------------------------------------------EDU's After-Christmas SALEGet $1,000 off an annual subscription to our DDA+ or 40% off an annual membership. Complete details and checkout at our website link below:https://www.eurodollar.university/holiday-offer---------------------------------------------------------------------------------https://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

Over the past week we found out: the Mar-a-lago raid was not legally executed, Georgia was stolen in the 2020 election,Trump tariffs have not caused inflation, and [X] SB – Harvard economist Ken Rogoff on CPISurprised it was a better number. Inflation has been high, stayed high. Below 3%Bill Clinton was Epstein's #1 pedophile pal and Trump is nowhere to be found. [X] SB – MSNBC's Lisa Rubin on Trump v ClintonOh what it must feel like to be a Leftist. To have to eat crow so regularly.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Ukraine's President Zelenskiy meets Donald Trump in Florida seeking a deal, as Putin vows Moscow will achieve its goals by force. In Italy, prosecutors arrest nine over $8M diverted to Hamas-linked groups. Plus, inflation squeezes Trump voters in Michigan, testing loyalty ahead of 2026. Listen to Morning Bid podcast ⁠⁠⁠⁠here⁠⁠⁠⁠. Sign up for the Reuters Econ World newsletter ⁠⁠⁠⁠here⁠⁠⁠⁠. Listen to the Reuters Econ World podcast ⁠⁠⁠⁠here⁠⁠⁠⁠. Find the Recommended Read here. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices.  You may also visit megaphone.fm/adchoices to opt out of targeted advertising. Learn more about your ad choices. Visit megaphone.fm/adchoices

1. Welfare System Fraud and Structural Issues Based on an op-ed by Phil Gramm and John Early in The Wall Street Journal titled “The Biggest Fraud in Welfare”. Key points: U.S. welfare spending has skyrocketed 765% since the mid-1970s, now totaling $1.4 trillion annually. If distributed evenly among the 19.8 million families classified as poor, each would receive $71,000 per year. The government fails to count non-cash benefits (Medicaid, housing subsidies, food stamps) as income, creating a distorted picture of poverty. Example: A single parent earning $11,000 annually can receive benefits worth $53,128, bringing total resources to $64,128, well above the poverty threshold. Criticism of the system: It traps people in dependency instead of promoting self-sufficiency, contrasting with Trump-era welfare reform that moved 7 million people off food stamps into the workforce. 2. Massive Fraud in Minnesota’s Medicaid and Welfare Programs Federal prosecutors allege up to $9 billion in fraud since 2018, possibly 50% of the $18 billion spent on 14 programs. Fraud described as “industrial scale”, involving fake companies and individuals exploiting housing and autism assistance programs. Some funds allegedly funneled to Al Shabab, a Somali terrorist organization. Criticism of Minnesota’s Democratic leadership for lack of oversight and alleged vote-buying incentives. Prediction: Similar fraud likely exists in California, New York, and Illinois. Media accused of downplaying the scandal; local CBS reports highlighted the severity. 3. Strong U.S. Economic Performance Under Trump Latest GDP report shows 4.3% growth in Q3, the strongest in two years, beating expectations of 3.2%. Growth driven by consumer spending, healthcare, tech, and AI-related investments. Inflation reportedly down to 1.6%, signaling economic stability. Commentary contrasts media narratives predicting economic collapse with reality of strong holiday spending and trade policy success. Trump’s supply-side policies (tax cuts, deregulation) and trade strategies credited for economic boom. Please Hit Subscribe to this podcast Right Now. Also Please Subscribe to the 47 Morning Update with Ben Ferguson and The Ben Ferguson Show Podcast Wherever You get You're Podcasts. And don't forget to follow the show on Social Media so you never miss a moment! Thanks for Listening YouTube: https://www.youtube.com/@VerdictwithTedCruz/ Facebook: https://www.facebook.com/verdictwithtedcruz X: https://x.com/tedcruz X: https://x.com/benfergusonshowYouTube: https://www.youtube.com/@VerdictwithTedCruzSee omnystudio.com/listener for privacy information.

Repo fails, a measure of collateral flow throughout the entire financial system, soared to more than $300 billion as of the middle of December. It was the highest for any non-quarter end week going back to June 2023. At the same time, borrowing from the Fed's repo facility is way up again as investors refuse to buy the spin from private credit that their portfolios are just fine and from central bankers who say the same thing about the economy. Eurodollar University's Money & Macro Analysis------------------------------------------------------------EDU LIVE PRESIDENT'S DAY FEBRUARY 2026If you're a serious investor and want to capitalize on what the monetary system is signaling right now, plus deep discussions about what truly is the greatest threat we all face, join me, Hugh Hendry, George Gammon, Steve Van Metre, Brent Johnson, Mike Green at Eurodollar University's very first Live Event, President's Day Weekend February 2026. To reserve your spot just go here but you better hurry, there aren't many spots left:https://eurodollar-university.com/event-home-page---------------------------------------------------------------------------------EDU's After-Christmas SALEGet $1,000 off an annual subscription to our DDA+ or 40% off an annual membership. Complete details and checkout at our website link below:https://www.eurodollar.university/holiday-offer---------------------------------------------------------------------------------WSJ The Private-Credit Party Turns Ugly for Individual Investorshttps://www.wsj.com/finance/investing/the-private-credit-party-turns-ugly-for-individual-investors-287356f9https://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

Inflation climbs and workload grows, but rates stay frozen—sound familiar? Today we’ll run a quick value check, set a price-rise timeline, and craft a client email that keeps loyalty high. Side Hustle School features a new episode EVERY DAY, featuring detailed case studies of people who earn extra money without quitting their job. This year, the show includes free guided lessons and listener Q&A several days each week. Show notes: SideHustleSchool.com Email: team@sidehustleschool.com Be on the show: SideHustleSchool.com/questions Connect on Instagram: @193countries Visit Chris's main site: ChrisGuillebeau.com Read A Year of Mental Health: yearofmentalhealth.com If you're enjoying the show, please pass it along! It's free and has been published every single day since January 1, 2017. We're also very grateful for your five-star ratings—it shows that people are listening and looking forward to new episodes.