America’s Largest Wealth Transfer Has Begun. Are You Ready?

Episode #105
The most significant wealth transfer in American history could be upon us. As money-printing mania continues worldwide, dollars (and most other currencies) are worth less and less, while tangible assets, like real estate, are worth more. This is bad news for the average American, with most of their wealth trapped in a bank account or stock portfolio. If the most commonly used assets, like bonds, equities, and cash, become worthless, what happens to America?
To help answer this seemingly unfathomable question is Chris Martenson, CEO of Peak Prosperity. Chris spent his early career working for some of the largest corporations in America, but after bubbles started to burst in the early 2000s, he took a look into the inner workings of the American economy. What initially started as a simple interest became an all-consuming quest to understand why political executives and massive institutions like the Federal Reserve were making irrational choices for the American people.
In today’s show, Chris uncovers the truth behind quantitative easing, money-printing, and the Fed’s consistent financial swerving. He’ll also explain why bubbles are starting to burst in today’s economy, how interest rates had a large part to play in inflation, the new reality of de-dollarization, and why we may be on the cusp of the largest wealth transfer in American history. If Chris is correct, we could enter an entirely new era of the economy, one that only a few of us will thrive in.
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“Catastrophic” Consequences of the US Defaulting on Its Debt:
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Former Fed President Warns Easy Money Will Bring Big Consequences:
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Show notes at: www.biggerpockets.com/blog/on...
00:00 Intro
03:06 Executive to "Econoblogger"
05:55 High Rates, HUGE Consequences
07:54 Money Printing Mania
18:22 Bubbles Could Burst
26:33 De-Dollarization
29:41 Two Risky Options for the US's Debt
34:21 The Wealth Transfer Has Begun
41:29 Who Will Make It?
45:27 Connect with Chris!
46:40 Inflation-Proof Your Assets!