Economic Currents: Lessons from History

This chapter examines the implications of current economic conditions, comparing them to historical events such as the Great Depression. It discusses the evolution of credit systems, the impact of fiat currencies on productivity and stability, and the psychological effects on investors during market fluctuations. The conversation further explores the sustainability of fiat currency and the potential for wealth redistribution amid ongoing financial manipulation.

Transcript

chevron_right

Play full episode

chevron_right

Transcript

Episode notes

On today's show, Preston and Stig talk about the current market conditions in May 2020. Currently, the stock market continues to rise after record-breaking unemployment and intense government stimulus.

IN THIS EPISODE, YOU'LL LEARN:

What is happening in the stock market right now.
How Preston and Stig are positioned in the market.
Whether the US is falling into the same liquidity trap as Japan.
Pros and cons of fiat currencies.
Stock market similarities and differences to 1929.
Ask The Investors: How do I avoid catching a falling knife.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members.
Check out the momentum tool that Preston and Stig created for the TIP Community that predicted the crash in the stock market. TIP Finance also gives you access to our filter tool for the cheapest companies in the US.
Subscribe to our newsletters about the current market conditions
Link to Preston’s series of tweets that showed the momentum status on indexes
Yuval Noah Harari’s book, Sapiens, recommended by Guy Spier and Stig - Read reviews of this book.
Preston’s pitch of Biogen and Stig’s pitch of Allstate the Mastermind Meeting 4th quarter 2019.

NEW TO THE SHOW?

Check out our We Study Billionaires Starter Packs.
Browse through all our episodes (complete with transcripts) here.
Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.
Enjoy exclusive perks from our favorite Apps and Services.
Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.
Learn how to better start, manage, and grow your business with the best business podcasts.

SPONSORS

Support our free podcast by supporting our sponsors:

Bluehost
Fintool
PrizePicks
Vanta
Onramp
SimpleMining
Fundrise
TurboTax

HELP US OUT!

Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Learn more about your ad choices. Visit megaphone.fm/adchoices

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!

Get the app

Home Top podcasts Popular guests Top books