Markets remain in a bullish trend for the moment, despite disappointing economic news in the Trade Deficit and the ISM Services Index. Improving relative strength is also providing lift for the market. Technically, everything is fine despite disappointing news from AMD, Google, and others. Money flows continue to creep upward with continued buying. Lance and Michael spend the remaining segments of the show discussing money, currencies, and concepts of money supply management: All money is lent into existence. The Federal Reserve or the government does not print money. Those two facts are vital to understanding our lead question: where does money come from? Furthermore, knowing who does and doesn’t print money and the incentives and disincentives that change the money supply are critical to inflation forecasting.  On this morning's episode, Lance and Michael share how money is created, monetary policy and Federal Reserve money supply are explained, along with the Banking system and money creation. Understanding Fiat Currency; ; the theory of BitCoin value; the hyper-inflation of the Weimar Republic; currency vs money. Understanding the "plumbing" of money, and how deficit spending has helped buoy the economy. What is the most readily-accepted medium of exchange = The Dollar (not gold). How high-income earners invest into assets. SEG-1: Wrapping Earnings Season & Economic Data SEG-2: Understanding Where Money Comes From SEG-3: Understanding Fiat Currency SEG-4: Understanding Money Plumbing Hosted by RIA Advisors Chief Investment Strategist Lance Roberts, CIO, w Portfolio Manager Michael Lebowitz, CFA Produced by Brent Clanton, Executive Producer ------- REGISTER FOR OUR NEXT CANDID COFFEE (2/8/25) HERE: https://realinvestmentadvice.com/resources/events/retirement-income/ ------- Watch today's show video here: https://www.youtube.com/watch?v=yzBlKb1Bi4k&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=3s ------- Articles mentioned in this report: "Tariffs Roil Markets" https://realinvestmentadvice.com/resources/blog/tariffs-roil-markets/ "The Clock Has No Hands" https://realinvestmentadvice.com/resources/blog/the-clock-has-no-hands/ "The Clock Has No Hands" https://realinvestmentadvice.com/resources/blog/the-clock-has-no-hands/ ------- The latest installment of our new feature, Before the Bell, "Markets Continue to Defy Disappointing News," is here:  https://www.youtube.com/watch?v=uXK2lxRVwhg&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our previous show is here: "What the Bond Market is Telling Us About Trump 2.0" https://www.youtube.com/watch?v=rGxP5qqoTV8&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=3s ------- Get more info & commentary:  https://realinvestmentadvice.com/newsletter/ -------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #MarketRally #BondYields #EconomicWeakness #AMD #Google #BondMarket #MoneyCreation #FinancialEducation #EconomyExplained #MoneyMatters #Currency #USDollar #FiatCurrency #WeimarRepublic  #TrumpEconomy #InterestRates #StockMarketNews #FinancePodcast #MarketVolatility #PortfolioRisk #20DMA #50DMA #BullishCross #InaugurationRally #MarketCorrection  #MoneyFlows #OverBoughtMarket #MarketRally #MarketSupport #Uber #DriverlessTaxi #TradeWarOver #StockMarketNews #USChinaTrade #USMexicoTrade #USCanadaTrade #GlobalEconomy #InvestingTrends #TariffTrouble #TradeWar #StockMarketNews #GlobalEconomy #Canada #Mexico #PresidentDonaldTrump #SouthernBorder #IllegalImmigration #Fentanyl #EarningsGrowth #Recession #MarketCatalyst #InvestmentStrategies #PortfolioManagement #ConcentratedStockHoldings #PortfolioDiversification #MarketAnalysis #EconomicOutlook #InvestingAdvice #Money #Investing