The first investment that has the highest ROI is going to be reading books, especially history books for hundreds of years. There's more documentation on every time this has happened throughout history than anybody will be able to read in their entire life. And one thing that you notice is that when you have periods of time where the debt is unmanageably high and you start to have inflation take over, things like gold,. things like real estate, things like land, things like real assets, real estate, mining stocks, energy commodities, all typically do very well. Things like owning cash, especially the cash that is being debased and things like fixed income instruments do extremely poorly. Bitcoin might fall into
Clay Finck and Joe Brown discuss inflation, the primary drivers of high inflation, how investors can best protect themselves, and more. Joe is the founder of Heresy Financial and is extremely knowledgeable when it comes to inflation.
IN THIS EPISODE, YOU’LL LEARN:
00:00 - Intro
02:45 - What inflation is, and why it exists in our modern day economy.
29:43 - How investors can best protect themselves against inflation.
43:37 - Who the ‘winners’ and ‘losers’ are in an inflationary system.
45:45 - Whether stocks are a good inflation hedge or not.
53:21 - The unintended consequences of price controls in an economy.
And much, much more!
*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.
BOOKS AND RESOURCES
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