The Tony Robbins Podcast Financial Insights w/ Billionaire Jeffrey Gundlach | Discussing inflation, taxes & asset allocation
May 13, 2021
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Money Printing and Economic Inequality
- The US government's spending is largely fueled by debt, contributing to a collectivized economy.
- Money giveaways, while seemingly helpful, exacerbate economic inequality and disproportionately harm lower classes.
Portfolio Protection in an Inflationary Environment
- Diversify your portfolio with real estate, gold, Bitcoin, stocks, and commodities to hedge against inflation.
- Consider foreign stocks, especially in Asia, due to the rise of China and potential dollar decline.
Escape Hatch
- Gundlach is creating an escape plan from California due to high taxes and potential wealth tax.
- He's acquiring a large property with resources like food and water, highlighting a trend of people seeking self-sufficiency.