In this episode of The Problem With Podcast, James Smith sits down with Damien Jordan, the voice behind the hugely popular YouTube channel Damien Talks Money, for a no-nonsense conversation about money, taxes, investing, and the uncomfortable truths most people ignore.
Damien breaks down why the average person feels poorer despite “doing everything right,” how inflation and fiscal drag quietly erode wealth, and why property, pensions, and taxes are stacked against younger generations. From inheritance tax and housing shortages to crypto hype, market timing fears, and whether moving abroad actually solves anything. This episode challenges how you think about money and the system around it.
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We cover:
⬛ Why Inflation & Tax Quietly Kill Wealth
⬛ Property, Pensions & The Rigged System
⬛ Investing Fears, Crypto Hype & Reality
⬛ Living Now vs Chasing Retirement
Timestamps
00:00 Real Returns After Inflation
02:55 Bank Money Creation Explained
06:55 Fiscal Drag Tax Trap
09:06 UK Vs Australia Taxes
11:49 Is Inheritance Tax Fair?
16:10 Untaxed Housing Windfalls
17:15 Why Homes Stay Scarce
21:33 Aging Population Pension Crunch
26:24 Retirement Vs Living Now
35:06 Mortgage Payoff Vs Investing
40:39 Beating Market Timing Fear
43:14 Crypto Hype Vs Bitcoin
47:00 Invest In Business Growth
52:17 HENRY 100K Tax Cliff
56:05 Wealth Tax Reality Check
59:12 Moving To Dubai Debate
65:04 UK Debt And Spending Truth
68:24 Daily Pain Of Commuting
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