Americans 'Revolted Against Elites'; Economist Called Trump Win, Predicts What's Next | Steve Hanke

[@michaelschiemer3]

People try to predict the economy not realizing it is not a capitalistic market, its a command economy, central planning! my concern is, instead of having much dollar in bank that could lose value to inflation, do I save in gold to reserve and grow wealth for now, or just hang on?

[@Olsontim21]

truth is that gold serves as an inflation hedge in the long run, but not profitable in the short run. only thing you can predict is a strong effort of wealth transfer from the people to the powerful. luckily some folks find solution in financial advisors

[@Rachadrian]

That makes sense. I’ve been using a financial market expert for two years now and I own a six-figure diversified portfolio from investing in stocks. I want to diversify more this year, though.

[@derrickholfman2]

@@Rachadrian Could you kindly elaborate on the advisor's background and qualifications?

[@Rachadrian]

Annette Christine Conte’ is the licensed FA I use. Just google the name. You’d find necessary details to work with and set up an appointment. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.

[@derrickholfman2]

thanks for the lead, just searched Karen by her full name, easily spotted her consulting page and was able to schedule a call session, she seems highly professional from her resumé..

[@KimberlyO.Kitchens]

Rocking those NVDA, PALANTIR, TSLA, and APPL shares! Holding onto them for the long haul sounds good, but hey, I'm all up fort grabbing those short-term chances too, aiming for that sweet $400,000!

[@DanielleB.Wooten]

The strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off. The strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.

[@KarenJ.Mancia]

I agree. Exactly why I now work with one. A lot of folks downplay the role of advisors until being burnt by their emotions, no offense. I remember some years back, during the covid-outbreak, I needed a good boost to stay afloat, hence researched for advisors and thankfully came across one with grit. As of today, my cash reserve has yielded from $350k to nearly $1m

[@Andreavince-v]

How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings

[@KarenJ.Mancia]

Stacy Lynn Staples is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

[@pauline-o2q]

Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance

[@GerardoRossete]

As I often remind fellow traders, it's essential to make the most of each market we enter. Right now, Bitcoin day trading is at a high point, and Coach Garrett Eaton’s insights have been incredibly valuable with his spot-on predictions. Definitely a 5-star guide!

[@KaliyaRampure]

This is really insightful! It’s great to hear about the success you've had with Coach Garrett Eaton’ guidance. I’ve been looking to start myself and would love to learn more about his approach. Where can I find him, and is there a particular way to get started?

[@GerardoRossete]

He's mostly attend on Telegrams.

[@GerardoRossete]

@GarrettEaton ..that's it

[@KaliyaRampure]

I would like to be part of this success... 💕💕I need to get in touch with Garrett immediately. Thanks for the info 👍👍

[@MarcyLira-zexy]

Yeah at the moment its better to get involved in day trading rather than just Hodl.

[@patrickpontee7985]

Hanke is certainly the most accurate host on this program by far!

[@bpb5541]

Of course the FED monetizes the debt... who else is going to buy our debt? This is why after the FED cut the yields went up not down. They are not supposed to do that. Hanke is an idiot. 😂

[@damiangrouse4564]

@@bpb5541 what? ever heard of Britain, Japan, china, et al? that'a who buys our debt. google: "Which countries buy US debt?" and enjoy debunking yourself.

[@bpb5541]

@ of course i have heard of that. Japan and China recently have been net sellers of our debt, not net buyers... and the EU is the only thing holding this shit show together. I am not debunking anything, I am proposing concepts that you might not be aware of. And don't belive me look up to see if what I am saying is true or not. It's not hard to find. Should the EU stop buying our debt... and Japan, and China continue to let theirs roll off (let their US Treasuries mature without buying new ones). The FED will have to come in and moitize it, be the buyers of last resort. At much higher yields. The FED cut, yields are going up not down. That is what we need to watch. That 10 year is everything and I think it going to rip everyone's face off. The more the FED montizies the more that devalues the dollar at an even faster rate. I am warning you... I am not attacking you. I don't belive 98% of the things people say. I read ... A LOT... like 2 books a week. And verify though critical thinking and research what is being said. Which is why I have come to the conclusion that America is screwed... its just a matter of time now. Be careful, be kind. Stack food and water, the more the better.

[@TheJacobnotowitz]

Professor Steve Hanke is ALWAYS your best interview. He is smart, balanced, non political, and speaks clearly explaining complicated topics. And David doesn't interrupt him. The best! Thank you!

[@linmal2242]

Yes

[@ariisaac5111]

Appeasing Hitler with illegal Invasion land grabs of neighboring countries, is not political? Next you'll be saying the same thing about Taiwan South China Sea Etc etc? This is how world wars begin not, not avoided. Authoritarian military superpowers always take appeasement and concessions to their violent aggressions as weakness to continue Empire Building upon. You've been warned...

[@PaulbylPaulbyl]

Hanke is the best. Every explanation he provides is grounded in facts and he supports all his views and opinions with solid rationale. Far and away the best guest on the David Lin report.

[@DontuseGoogleorWiki]

He's just another Michael Saylor - SO intelligent that he convinced himself that he's right! (when he's wide of the mark)

[@drew997]

@@DontuseGoogleorWiki just look at his comments on the funding of the ukraine conflict... he is absolutely spot on. nobody wins by funding destruction of countries & populations.

[@annasad]

But has it not been wrong all along with markets , He is a Economist from the text book but world is not running by his text book which is only he is reading. Look what he is saying all along and how everyone is getting rich by just keeping the money in the market.

[@Emily-le2op]

I'm ecstatic with Trump's victory and the year-end market surge. Which hidden jewels in the upcoming bull run would you buy with 150 grand right now? My goal is to position myself for a prosperous Q1 in 2025.

[@ConradGosling]

Bitcoin through 2025, then high yield ETFs through the bear market 26’-27’ that's my plan.

[@JennaHerberholz]

Index Funds & ETFs: 40-50%, Emerging Markets (e.g., VWO): 10-15%, Dividend Stocks: 10-20%, Growth Stocks/Small-Caps: 10-20%, REITs: 5-10% Remember to always work with a knowledgeable person in the financial market when starting out to avoid getting burnt.

[@sledgeyyyyy]

Accurate asset allocation is crucial with an Experts guidance. I have 850k in equity, 275 cash earning 5.25 interest, 685k in 401k, 120k cash account, 80k in car assets ( paid off cars) Gold and silver bars. age is 48. My advisor helped me realign my portfolio to my risk tolerance and it boomed shortly.

[@Armstrong741]

I find your situation fascinating. Would you be willing to suggest a trusted advisor you've worked with?

[@sledgeyyyyy]

Sure i don't mind. I've stuck with ‘’Sophia Irene Powell ” for years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.

[@Paul-v2h]

David, this guest is Fantastic! Intelligent and entertaining.

[@lrww5673]

Professor Hanke has a such a keen understanding and matter-of-fact delivery explanation of the fundamentals of economics. It’s simply a joy to listen to him. The best guest on your show.

[@bpb5541]

Listen there are 400 PHDs at the FED and yet they are always wrong and always late. Hanke is in this same group. The are all going around patting each other on the back, celebrating that people are stupid enough to waste their time listening to them.

[@tinsleyLuna]

What a week! A lot of news have been going on about a rally after the election, urging investors to watch out for stocks that would be experiencing significant growth. Any idea which stocks to put on my watchlist?

[@VanChuong-on2gh]

Elon Musk has played a major role in the campaign, especially in sectors like energy and automotive. With Trump winning, there's uncertainty, as the market has been full of surprises. It's wise to follow professional advice.

[@HarunTosun-wg4rc]

These uncertainties are why I don’t rely on "hearsay." In 2020, I held underperforming stocks, but with the help of a professional, I revamped my portfolio and saw significant gains. To date, I’ve achieved nearly 320% ROI over the past 4 years. My advisor and I are now working towards a seven-figure goal, and we're not far off.

[@RolandWingo]

Your advisor must be really good. How I can get in touch? My portfolio's decline is a concern, and I could use some guidance.

[@HarunTosun-wg4rc]

CAMILLA MARIE FULLER... has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you want excellent collaboration.

[@RolandWingo]

I appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.

[@fooslinger]

Always good to listen to David Lin and Steve Hanke

[@to2455]

David.. please turn off your IMessage chime..!

[@davebellamy4867]

A great rapport these two have had since David was on Kitco news.

[@25Soupy]

I leave all other videos to hear David and Hanke do their thing!

[@mdmoto-adventureresearchers]

“It’s an inequality engine, the government is…” 😂 beautiful quote.

[@juneack5848]

Thanks Yoda

[@daviddixon7019]

😂yeah, and also: "...he wants to stop the war, and get a prize for doing that"

[@umbraemilitos]

The government is owned by the corporations that pay wages and set prices.

[@alan_drees]

I'm ecstatic with the outcome of the election and the year-end market surge. Which hidden jewels in the upcoming bull run would you buy with a 100K right now? My goal is to position myself for a prosperous Q1 in 2025.

[@dianaP14]

Bitcoin through 2025, then high yield ETFs through the bear market 26’-27’ that's my plan. I'll be buying more TSLA too

[@Charlesman_T]

remember to always work with a knowledgeable person in the financial market when starting out to avoid getting burnt. my two cents

[@speak2selwyn]

“DCA" is the golden term. My dollar portfolio is made up of 15% PLTR, 15% TSLA, 25% NVDA, 15% VOO and over 30% in digital assets, credits to my advisor. I've made over 80% capital growth minus dividends this year alone. It's getting better withe the Trump economy.

[@J.woltz48]

@@speak2selwyn fear of missing out is real ! who is the advisor guiding you please? I could really use a help at this point

[@speak2selwyn]

Karen Lynne Chess is the licensed FA I use. Just google the name. You’d find necessary details to work with and set up an appointment. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.

[@yongnam9841]

Steve Hanke is definitely one of the best to listen to.

[@bpb5541]

NO he is not. How do we know? The FED cut, yields are going up not down. That is all we need to know. We are about to go into stagflation like the world has never seen.

[@RasalilaRose]

I think he's full of shit - find my post about it

[@paul_iFomo]

Professor Hanke is the best !

[@MCarr20]

We are still under Trump's tax reform he missed that under his explanation of what got us in this mess. Also, Trump is the one who signed the massive pandemic stimulus bill that caused the money supply to increase.

[@georgelien]

😂 These idiots are going to drive the World into a Global Economic Depression 😂

[@beige_aces9465]

Good. Maybe house prices will collapse too.

[@georgelien]

Yet, you still have no money to buy

[@EMan-cu5zo]

@@georgelienif you’re prepared you should be ok

[@georgelien]

I’ll be okay >__< I just feel sorry for middle class

[@dialy1]

Thank you Pr Hanke for explaining once and for all that tariffs will not create inflation. I currently hear every single day some “pundit” on the “news “ claiming that inflation is coming back because of Trump’s tariffs. Maybe we should go back to the original definition of inflation as the inflation of the money supply. The price increases are just a consequence.

[@marsellusvervooren1422]

They actually shared the profits we would grow together , but they don’t… they keep the record profits and find ways to pay us less… you actually want to fix things??? Then the change needs to be limits to the greed… pay the people well who actually do all the damn work..that would incentivize people to work instead of feeling like what’s the point, I’m just a modern day slave. Also more people would have more money to spend, so there’s a great growing economy. People would feel good and secure, so they would have children. Huh that fixes population replenishing. And don’t worry, you can still be richer than the rest of us and feel like you’re better than everyone… just maybe not so disgustingly richer… hmmm just a thought you all never seem to consider.. the ultra wealthy are the most destructive force there is. Take your record profits and pay the workers and lower prices.

[@donmarek7001]

We've been tax slaves a long time now. My first job in '99, I paid $12 on $38k take home in taxes to city, county, state, and fed. That was 5 months of my life each year and probably half the year if I could count the taxes in my apartment rent and other things I bought just to live.

[@chachis-censored]

If you are doing all the work you should start your own company based on those ethical principles. Then the people you hire wouldn't feel like slaves and would be more productive.

[@jesusmendoza2414]

@@donmarek7001taxes are a fact of civilized society. Could it be a bit less here and there sure, but the problem is your not getting paid enough. The upper echelons and corporate entities have for decades been keeping a bigger share of profits and wealth. Best time in America was when we had higher corporate tax rate to incentivize business to either give it to employees, invest in RND or pay Uncle Sam. Right now they neither invest in employees or innovate but just pay less taxes and keep profits

[@donmarek7001]

@@jesusmendoza2414 Such a typical normie slave answer. Sure, I'll pay for roads, court system, locking the criminals away some modest defense. But half a year of my life? And yes, we need to abolish the Federal Reserve which creates moral hazards in the banking system and depreciate the purchasing power of your money. This also enables spendthrift government.

[@donmarek7001]

@@jesusmendoza2414 Some truth on corporate taxes, but remember even the left helps out their corporate masters.

[@Dennis_510]

Plenty of "elites" in the Trump campaign and now the Trump administration. What are you going on about?

[@i_like_beer-o2f]

Trump himself is a billionaire that has committed crimes and never been held accountable. The epitome of an elite and they worship him

[@potomac5466]

He is a republican and old. Hard to see any other logic in US politics than turning in to a South America. Voting far left and far right to power between elections, seeing minimal change and population being very angry all the time.

[@flickwtchr]

No kidding. It's pretty damn pathetic.

[@Will_0001]

Let me guess, you also can't figure out why the majority of the country voted the way they did as well...

[@Dennis_510]

@@Will_0001 What are you going on about?

[@AbbeyRoad69147]

Melania standing there, "when is this gonna be over?!".

[@kiyoshitakeda452]

Professor Hanke is always an excellent guest. Enjoy his explanations. Thank you both.

[@k.c.wingert7179]

David, tell me you're a liberal without telling me you're a liberal.

[@grooves.x]

He flaunts a limousine 😅

[@NaomiLevy-z3f]

That's the best response!

[@rhwinner]

Unlike some of your guests, the books behind Steve look like they've been read and reread many times.

[@michaele.strasser9641]

2nd hand market or a relaxed attitude to how you treat books do the same thing

[@drmodestoesq]

I was surprised to see Fifty Shades of Grey up there though.

[@ActiveTravelWestUSA]

Amazing brains and honesty! We are screwed on so many levels. Reset feel the pain and move on!

[@AlexandreMakavitch]

Steve Hanke has weak political understanding. Ukraine are fair democracy and people in this country wanted to join EU and when Yanukovich fairly elected in Ukraine failed on promise that he was elected to join EU people made uprising becouse of his obvious betrayal and then Russian used it as pretense to take Crimea and start war. AND as consequence of Russian invasion Finland and Sweden join NATO and that around same regarding borderline as Ukraine that mean reason of war in Ukraine other and that better land than in Russia

[@davebellamy4867]

"It's a revolt against elites," says a Professor from John Hopkins, the university where Event 201 was conducted. That sort of hijacking of academia is contemptible because Hanke is a REAL academic. Super knowledgeable guy and an excellent teacher.

[@vaglaladzogdod4189]

Good interview with solid questions. Mr. HANKE talks slowly and clearly apparently from years of scholastic AND real world experience. The length, pace and detail of this interview is an event you very rarely see from a mainstream source. Great job Mr. LIN and Mr. HANKE ! Thank you both for helping to blossom our understanding to the public of otherwise complex economic subjects and issues .

[@nobullshoot]

i put phone at 1.75 speed when Hanke speaks

[@davebellamy4867]

​@@nobullshootI just tried 1.25. Actually 1.25x is good but this dude has a hige BRAIN. He's an intellectual heavyweight and it needs time to let the words absorb.

[@cmeola1066]

Hanke is blunt and smart. Excellent guest.

[@jimfranklin3885]

Power To The People.

[@lexluthor9509]

Pineapple Power!

[@_Thoughtful_Aquarius_]

Another great show from the David Lin Report!

[@a.v.k.7263]

I might not agree a 100% with what he says, but I am happy to see there a still some good brains around. Maybe that's why you are a professor and not a politician....

[@rexxpowercolt]

Thank you guys for this video

[@investorbilll69]

Love your videos. Thank you for all your hard work.

[@davidcollins8150]

Henke has got it right for a change. Unfortunately, Trump does not have the solutions - that is a certainty

[@NaomiLevy-z3f]

Hopefully will surround with experts! Amazing 785 economists & the still get it wrong? 50-1 Dems. Hire the best!

[@GapBahnDirk]

It is always an education listening to Professor Hanke. 👍👍

[@CoachJerry7]

He mentioned Hanks’s golden growth rate every single time. He is so full of himself and he sounds like he is the smartest person on earth and everybody else makes stupid decisions

[@gen-X-trader]

some good comments but he's a walking far right talking point. he accurately mentions the lack of assets is why the poor keep falling further behind and the billionaires keep increasing their wealth then he backs the party that is passing tax cuts to directly benefit the wealthy and basically a pump assets economic plan.

[@donmarek7001]

Ron Paul who ran in '08 and '12 wanted to abolish the federal income tax and Federal Reserve. Those two things would help most Americans the most. But everyone thinks something from the gov is 'free' and vote stupidly on that premise.

[@suziez3410]

First listen to Prof Hanke, 👍

[@donkisler3538]

Thank you David. Great information comes from your patience with Professor Hanke.

[@investingfiat]

Thanks David, appreciate your work.

[@Redsauce98]

It’s always a good day to start with professor Hanke and david Lin (and thanks to David we get to watch these awesome lectures of professor)👍👍

[@markmoey115]

PROF HANKE THE BEST DAVID LIN GUEST OF ALL TIME!❤❤👆👆👆👆👍👍👍

[@vsgshdg2627]

I agree, Hanke is by far my favorite Lin guest. The other part of the equation to these videos is Lin himself, he and Hanke work well together. Lin is an effective interviewer and gets the best from Hanke. I'm glad David keeps brining him back because he's must "must-watch" for people like us.

[@jtrealfunny]

35:00 Great segment. Income inequality over the last 40 years has been a one way street and very few people in finance want to talk about it.

[@as2223]

Yay! It's the money supply guy. He's my favorite.

[@kenshinhimura5960]

long live professor Hanke

[@tenplus1025]

The Hanke!!! MV=PY….. let’s go!

[@WallSt-o1q]

Thank you David for inviting Prof. Hanke. Couldn't agree more with his views about the economy as well as the foreign policy regarding both wars. Prof. Hanke always speaks the truth that is why he is so calm, relaxed.

[@SAW777777]

HOPE he will be advising Trump Administration!

[@pkradgreek]

I alleviate Prof Hanke's candid talks.

[@littlebitmckee8234]

Thank you. Great info

[@donnydarco6549]

Awesome interview 👍

[@ura9390]

Trump isn’t an elite? 🤡

[@prezoftexastab1232]

Neither is Elon or Jared Thiel or any of the other billionaires who bought Trump off. This guy is a joke.

[@missflorafactory]

First time I agree with professor Hanke

[@DMathew-m5i]

Love the reality that professor Hanks explains - pllain, simple, and True.🎉

[@justcallmeccrazy2116]

David great interview, would like to hear the professor speak about Martin Armstrong' s soulution to the debt. As can be found on KZbin and Martin's website, Thanks

[@NaomiLevy-z3f]

Thanx for sharing will review

[@chrisgoeswest9882]

Haha had to check out a video that claims supporting Trump and all the billionaires in his corner is about revolting against the elites. It’s revolting alright.

[@JayPeterson-b5u]

They also drained the social security funds at that time and transferred it to the government budget

[@drmodestoesq]

So, if I understand Hanke right, under Reagan the poor did very well and income inequity was reduced? This seems to be an outlier opinion. Most studies show that income inequality massively increased under Reagan and Bush Sr.

[@neonovalis]

The 1980s where non-the-less more socially just than our 2020s

[@tc2674]

No… he’s saying Reagan’s doctrine and policies of spending more on US military forced the USSR to spend more on their military. Which then collapsed the USSR . That opened up US economy to become the ONLY global power at the time

[@anarkitty0]

​@@neonovalisyes, because income taxes were very high after ww2 until they got lowered more and more every decade most under reagan. The US was coasting on the education and infrastructure of the new deal for 50 years but no longer.

[@neonovalis]

@@anarkitty0 Yes, that is part of the picture as well. The 80s were so different from our time ... there was still a healthy car industry in America ... and relatively well paid blue collar jobs. Sure, interest rates were high ...but real estate prices were such that it was easier to finance a home inspite the high interest rates. Today: well paid blue collar jobs almost no longer available and house prices are absurd in most areas.

[@lexluthor9509]

@@neonovalis The population is decreasing so house prices should improve.

[@JC-justchillin]

"Americans 'Revolted Against Elites"? Is this The Onion?

[@malvo-crypto]

Brilliant 👏

[@supersteve8305]

As hard as David tried to make it sound like Biden’s policies weren’t “intended to do that” the professor squashed that real fast.

[@jimfranklin3885]

Expect the unexpected. Remember Mr Trump is a graduate of Wharton. ;) He is definitely not clueless. LOL

[@issenvan1050]

I would refrain from using the term “objective” like that.

[@zatoichijiku9281]

I thought the same thing. A billionaire can shift a prediction market on a subjective whim. Doesn't make it objective because they've "got skin in the game."

[@tanvigirme8364]

Thank you for this excellent analysis.

[@stephenlight647]

This guy might be a brilliant economist, but calling a constitutional Convention is an insanely risky proposition.

[@cjoe1950]

Everything the US lives on today is mostly made in China, down to the raw materials. So if tariffs are raised, it could really have a widespread inflation effect.

[@jamesmiles5011]

I like the professor.

[@karleells6540]

Excellent interview David. Excellent guest

[@leslee7059]

Elites? Trump is not elite? This is a bad look for you.

[@Macka-f6o]

Prof should be in an advisory position to the new administration.

[@bdml77]

🤡🤡🤡🤡

[@jbwentworthe6082]

Anyone who could say the things Powell does ,is living so out of touch with the average working person, as to appear a Fool. Does he ever go to a Supermarket or do any actual shopping? ⁉️

[@siripornatsawathanaphaisan789]

Thanks so much Professor ❤😊

[@chrisbures4189]

The Professor is correct.

[@sewnsew6770]

Professor Steve Hanke always great

[@HazeOfWhearyWater]

I would think the Tech Boom (bubble) Economy helped out Clinton, as well. Great timing for him.

[@bobgriffith1810]

The end of the Cold War permitted a complete budget refocus

[@HazeOfWhearyWater]

@@bobgriffith1810 Understood.

[@ejaylala1]

The question about trickle down economics was awesome. He could not answer it

[@paulburbank8652]

An Amendment: "Next year budget must be no greater than the prior year revenue."

[@good2goskee]

@paulburbank8652 It's probably not too far from how you run your household finances.

[@davebellamy4867]

👍

[@dbarker7794]

The country is not a household. ​@@good2goskee

[@i_like_beer-o2f]

Not possible without severe cuts to social security and Medicare

[@good2goskee]

@dbarker7794 The principles of running a country should not be too different and should have MANY of the same prudent guiding principles as a national economy. In fact, the word economy comes from the Latin word "oeconomia" which means household finances. Sound economies that do run similar to a sound household reflect a healthy, strong economy (see Switzerland)

[@saskiavonk1805]

Great interview as always, but I would like to suggest a follow up podcast which has Richard Wolff and Steve Hanke discussing these factors together.

[@chachis-censored]

Lowering or eliminating income tax and implementing tariffs would increase growth because the sales tax would be offset by the elimination of income tax and businesses would be incentivized to create goods in America.

[@Helen_white1]

Post election has seen some serious price movement with most stocks with Tesla leading the charge alongside Cryptocurrency with bitcoin reaching an ATH, presenting an opportunity for investment in the financial market . Would be interested in knowing what happens now after this and if its advisable to stick 200k of my savings into financial markets investing at this time ?

[@DhanaPayar]

DCAing amongst various assets is a good strategy and can help reduce the impact of market volatility and thus a good strategy if you are looking to compound . However it is important to consider financial advisory when investing .

[@Kin-28-8]

A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.

[@Theodorebarba]

Can I try this? I need one to review my portfolio but anyone who is fee-based is hard to find and usually have a heavy workload. Would you be comfortable sharing a recommendation if it's not too much problem

[@Kin-28-8]

''Stacy Lynn Staples’' a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market

[@Thompson-e7h]

Thanks, I found it. I booked a call with her on her website, her résumé seems pretty tight.

[@padere917]

Best professor

[@EricSmith-wt2qu]

Elites? If Elon Musk is not elite, what is your definition of elite?

[@jofieraymond6528]

Americans revolted against the elites, by electing a billionaire with the help of his billionaire pal, 😂 give me a break 😂

[@makesumwake]

I dont see it as a revolt against elites. Harris got about a billion in funding from the wealthy elites, far more than trump It's important that Trump has already rich to me. so that he's not just getting into office to enrich himself, or to serve his donors, like most elected officials do Elon has never been in it for the money and actually cares about people, so he is also a great person to be on trumps team

[@kekelo_losangelesj1312]

It is just pure insanity. This man talking fail to mention that Trump and Elon are billionairs.

[@damiangrouse4564]

David, did I detect you're "triggered" by Hanke's views?

[@Idoninuff]

An accurate and honest assessment of affairs Shame more people don't see this Main stream media i have given up on it

[@sandrawynkoop9549]

When they got rid of the gold standard, it's been downhill every since.

[@danw6380]

Reaganomics the disaster.

[@benjaminhuston1390]

I'm not sure if thats inevitable if you had strict monetary policy. It can be a benefit for pumping the economy

[@retiredn]

THE WHOLE FED WILL BE FIRED !

[@vsgshdg2627]

I love listening Steve Hanke. His secret is that he's so comfortable with what he knows and understands that he probably doesn't care what anyone else thinks, and that's his appeal.

[@Moochy999]

Lin was not too favorable of Hanke's messages...kinda amazing

[@thailandsnippets901]

Seems David was in a bad mood today or he's a leftie

[@neonovalis]

Canadien, ... I am European.... Trump, MEGA and Musk...that might be good for the US... but it is pissing off the rest of the world.

[@DontuseGoogleorWiki]

NO DUDES, BC Hanke's BASELINE is WRONG.

[@DontuseGoogleorWiki]

​@@thailandsnippets901 just maybe, David has a broader perception that Hanke? Thankfully I'm outside of the States but Hanke has an total Head in the Sands view of the current situation. Just like Jim Rickards saying in late 21 that there was no inflation. 🤦🏼‍♂️

[@NaomiLevy-z3f]

Not very objective

[@Christianevanwhite]

Interesting discussion as usual. The concept of adding an amendment to the constitution to help with the deficit is an interesting concept.

[@chuckding5590]

Hah! Elites. Give me a break. Maga talk of Elites.

[@AW-Trader]

Very good interview.

[@Sam-uj3qh]

Gotta love Steve

[@suebowman7258]

Great discussion! Thank you

[@patrickgallagher213]

I would think that would Be a Great thing!!!;; for America and for the consumer

[@barbaraatkinson2204]

Spot on Steve❤

[@shahbasharat]

Very informative episode

[@droubal]

The lower 50% of earners spend all their income on living expenses. Where does that money go? To the rich, because they own all the businesses and stocks. Surprised David does not know this. He was parroting trickle-down.