The Fed Printed $3.38 TRILLION Dollars... (What That Means For Inflation, The Economy, And YOU)
In today's episode, Brad and Jimmy are going to break down what inflation is, why the economy hasn't blown up (yet), and most importantly, what to do before time runs out.
There is a lot of confusion and misconceptions surrounding this topic, and we're going to clear that up for you. At this point in the pandemic, the federal reserve has printed 3.38 TRILLION dollars.
We'll be going into what it means to have printed all of this money and the issue with inflation as a whole. During a time of uncertainty, it is more important than ever to understand the effect of funds distribution.
Tune in as we guide you through the storm and offer some sage advice on aligning with your financial plan and measuring where your money is moving.
Key Takeaways:
- Printing money in 2020 (03:40)
- Austrian economics definition of inflation (09:30)
- The issue with inflation (20:40)
- The Cantillion Effect (22:30)
- Discussing the uneven distribution of funds (30:25)
- How to align (38:00)
- How to measure whether your money is moving (50:50)
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- Join Our Cashflow Tactics Group
- Take Our FREE 5-day Cashflow Tactics Challenge
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About Jimmy Vreeland
Jimmy graduated from the United States Military Academy at West Point, spent 5 years as an Army Ranger, and deployed three times twice to Iraq and once to Afghanistan. On his last deployment, he read Rich Dad Poor Dad by Robert Kiyosaki which led him down the path of real estate investing. As his own portfolio grew, eventually he started a real estate investing business.
Since 2018 his team at Vreeland Capital has supplied over 100 houses a year to high performing, passive investors who want to work with his team and his team is now managing over 800 houses.
Get in touch with Jimmy and his team at www.vreeland-capital.com
More about Jimmy
Website: www.jimmyvreeland.com
Linkedin: www.linkedin.com/in/jimmy-vreeland
Instagram: www.instagram.com/jimmyvreeland
Facebook: www.facebook.com/JimmyVreeland
Youtube: www.youtube.com/@JimmyVreelandC
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