383: Inflation Is Coming, Wealth Preservation, Stansberry Research, Dan Ferris

Dec 25, 2020

38:51

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Episode notes

Jason Hartman talks with Dan Ferris, the editor of Extreme Value and host of the Stansberry Investor Hour Podcast. Dan and Jason speak on subjects ranging from the broad economy to some of the conspiracy theories that might be ignored a little too much. Understanding the government’s role in the shifting economy and what the Fed is doing with each dollar can help one understand whether or not we are in a bubble. As well, how long can the stimulus work before it has no effect?

Land, gold, and art OR stocks, bonds, and cash? “You need to learn to preserve wealth outside the financial system,” Ferris said. Ferris and Hartman go in-depth discussing diversification and its importance versus playing it safe with multi-dimensional assets. Inflation, don’t predict it, prepare for it.

Check It Out:

jasonhartman.com/protect

jasonhartman.com/sweethome

Key Takeaways:

[2:00] Would our founding fathers have been called “conspiracy theorists with tin foil hats?”

[5:00] The government wins every election.

[6:00] Where is the economy going?

[7:45] The Fed doesn’t buy securities because they are saving up for retirement.

[11:15] Why might the stimulus stop working so efficiently?

[15:00] “This is the most insanely overvalued market in all of history.” - Ferris

[18:00] Nit-picking on Warren Buffet.

Dan Ferris