"Central banks believing their own bulls#it, is the thing we have to worry about most..."
@darioperkins joins @RaoulGMI for a fascinating discussion on his vision of the world moving toward a "tangible economy," and how it may impact everything from growth & rates to #inflation.
So, what is this "tangible economy" that @darioperkins speaks of?
👇👇👇
What will this "tangible economy" look like? Where is the opportunity?
Everywhere we look, we see people comparing current conditions to the 1970s.
@darioperkins explains why that's the wrong analogue. A much better comparison is that of the 40s & 50s.
Ok, so are we headed for recession or not? Well, that all depends on where #inflation settles...
Uncertainty is in the air and there is no reason to get caught off guard. This is the time to pay attention.
Check out this discussion with @RaoulGMI & @darioperkins + the previous 13 episodes of our ongoing series on #recession for just $1 👇
Store of value = an asset with the ability to rise when cash falls.
A lot of people have this misconception that a store of value should hold it's price, but as @agurevich23 says, "your store of value should climb when money expands and cash becomes less valuable."
A 🧵👇 (1/9)
2/9: The real power to shape the economy lies hidden in plain sight: banking regulations.
"The most unambiguous way to affect monetary policy is to tighten or loosen banking regulations."
It's a lever more potent than interest rates or balance sheet adjustments.
3/9: When interest rates rise, it's not the indebted who are the economy's bellwether, but the cash-rich.
"It's the strong players...that will drive the economy down" by choosing to contract their balance sheets.
The current market environment is one of the toughest we've ever seen, but that doesn’t mean it’s impossible.
Every day, new opportunities emerge...
🧵👇(1/9)
2/9: Winning at investing takes constant work and evolution...
That's why we launched The Game of Investing, a bi-weekly newsletter delivering real lessons from experts to help you level up.
If you're serious about your investing, sign up here👇 rvtv.io/3k8x3Vo
3/9: In Issue 1 of The Game, macro expert @elementmacro walks us through why developing a repeatable process that suits our own unique personality, goals, and time horizon is so important to surviving today’s markets.
“90% of investing is managing your emotions,” Mike says.