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238: How to Build Wealth and Be Recession-Proof, Plus Money Myths That Keep You Poor | Jaspreet Singh

The Genius Life

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What's Happening When You Print More Money?

If nothing changes with Social Security, it will completely run dry in the next 15 years. If you can't raise it through taxes, then you're going to do some sort of money printing in order to fund Social Security. This is what we've done for decades now because anytime the government spends more money that they bring in, they will print the money. We saw this in like magnificent proportion during the 2020 pandemic because we've printed loans to businesses. We've bailed out the stock market. We sent all stimulus checks, even though the government wasn't making any money. But what happens anytime we print more money? Inflation happens. The value of a dollar goes down causing the price

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