Get Rich Education
Get Rich Education
Mar 29, 2021
338: Why Asset Prices Should Keep Surging with Richard Duncan
Play • 51 min

The Fed is about to unleash a tidal wave of liquidity that you probably don’t know about.

I was recently at my favorite Mexican takeout restaurant. It was the first time they began asking for tips. This is inflation. It is likely not measured in CPI or Core PCE.

Richard Duncan from MacroWatch joins us to discuss how the coming monetary tsunami will stoke asset prices. 

This can continue the “price runup party” in real estate, stocks, crypto, and other assets.

Key learning: The Fed changes inflation policy when they see wage price growth, not commodity price growth.

Inflation won’t be high enough to cause interest rates to rise anytime soon.

We know that the Fed currently creates $120B per month. What few know about is the new, simultaneous $900B that the Fed is releasing from their Treasury General Account by the end of June. 

More currency + monetary velocity = inflation? No. Richard says there’s more to it, like credit expansion.

The newly passed $1.9T American Rescue Plan, plus a new Biden-proposed multi-trillion dollar infrastructure bill could stoke inflation in the short to medium-term. Richard does not believe high inflation is sustainable long-term. 

Get 50% off Richard Duncan’s “MacroWatch” when you use Discount Code “GRE” at: www.RichardDuncanEconomics.com

Though consumer price inflation should stay low, a lot of asset price inflation should continue.

Richard also reveals a scenario where interest rates could decline.

Resources mentioned:

Get 50% off MacroWatch. Use Discount Code “GRE”:

www.RichardDuncanEconomics.com

Show Notes:

www.GetRichEducation.com/338

Mortgage Loans:

RidgeLendingGroup.com

New Construction Turnkey Property:

CashFlowAndGrowth.com

Ali Boone’s Recommended Book:

https://amzn.to/2NsMVlF

EQRPs: text “EQRP” in ALL CAPS to 72000 or:

eQRP.co

By texting “EQRP” to 72000 and opting in, you will receive periodic marketing messages from eQRP Co. Message & data rates may apply. Reply “STOP” to cancel.

Best Financial Education:

GetRichEducation.com

Get our free, wealth-building “Don’t Quit Your Daydream Letter”:

www.GetRichEducation.com/Letter

Top Properties & Providers:

GREturnkey.com

Follow us on Instagram:

@getricheducation

Keith’s personal Instagram:

@keithweinhold

More episodes
Search
Clear search
Close search
Google apps
Main menu