Money Grows on Trees

#246 - Why Is The Australian Dollar Collapsing?!


Listen Later

In this episode, Lloyd James Ross, a seven-figure investor and entrepreneur, delves into the current state of the Australian economy and the declining value of the Australian dollar. He highlights the lack of innovation in Australia, comparing it to tech giants like Apple, and discusses how this stagnation is impacting the economy. With a staggering $577 billion pumped into the economy during COVID—representing 30% of the country's GDP—Lloyd explores the implications of this money printing on inflation, debt, and public trust. He also explains what fiat currency is and the historical context of the Aussie dollar's float. Tune in for insights on financial strategies to combat the rising cost of living and regain control over your wealth.

Want to achieve financial freedom and build lasting wealth? Get the strategies you need—grab your copy of Money Buys Happiness today: http://moneybuyshappinessbook.com

Follow Lloyd:

https://www.instagram.com/lloydjamesross/?hl=en

https://www.linkedin.com/in/lloyd-james-ross-87818129a/?originalSubdomain=au

https://www.facebook.com/5stepstomillions/

https://www.tiktok.com/@lloydjross

https://x.com/lloydjamesross

Timestamps

00:00:00 - Introduction

[00:01:12] Australian dollar value decline.

[00:03:15] Australian dollar's currency history.

[00:07:45] Inflation-led currency devaluation.

[00:10:58] Currency loss of trust.

[00:15:58] Inflation drivers in Australia.

[00:17:34] Government stimulus and economic impact.

[00:20:43] Australian dollar and China’s economy.

[00:24:15] Debt to GDP in Australia.

[00:27:04] Geopolitical tensions and currency risk.

[00:30:06] Australia's economic innovation challenges.

[00:33:35] Protecting wealth from inflation.

...more
View all episodesView all episodes
Download on the App Store

Money Grows on TreesBy Lloyd J Ross

  • 5
  • 5
  • 5
  • 5
  • 5

5

13 ratings


More shows like Money Grows on Trees

View all
The Amy Porterfield Show by Amy Porterfield

The Amy Porterfield Show

4,569 Listeners

The GaryVee Audio Experience by Gary Vaynerchuk

The GaryVee Audio Experience

16,789 Listeners

The Property Couch by Bryce Holdaway & Ben Kingsley

The Property Couch

59 Listeners

The Mindset Mentor by Rob Dial

The Mindset Mentor

13,517 Listeners

THE ED MYLETT SHOW by Ed Mylett | Cumulus Podcast Network

THE ED MYLETT SHOW

14,065 Listeners

Abundant Ever After with Cathy Heller by Cathy Heller | QCODE

Abundant Ever After with Cathy Heller

7,639 Listeners

Equity Mates Investing Podcast by Equity Mates Media

Equity Mates Investing Podcast

63 Listeners

The Game with Alex Hormozi by Alex Hormozi

The Game with Alex Hormozi

4,357 Listeners

The Diary Of A CEO with Steven Bartlett by DOAC

The Diary Of A CEO with Steven Bartlett

7,067 Listeners

The Genius Life by Max Lugavere

The Genius Life

4,813 Listeners

The Dr. Hyman Show by Dr. Mark Hyman

The Dr. Hyman Show

9,353 Listeners

On Purpose with Jay Shetty by iHeartPodcasts

On Purpose with Jay Shetty

27,164 Listeners

The Frankie Lee Podcast by Frankie Lee

The Frankie Lee Podcast

12 Listeners

Friends With Money by Money Magazine

Friends With Money

10 Listeners

The Mel Robbins Podcast by Mel Robbins

The Mel Robbins Podcast

20,479 Listeners