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InvestTalk

03-08-19: Opinion: Modern Monetary Theory (MMT) Is Smoke And Mirror Nonsense

InvestTalk

Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors

Business, News, News Commentary, Entrepreneurship, Investing, Business News

4.41.5K Ratings

🗓️ 9 March 2019

⏱️ 47 minutes

🧾️ Download transcript

Summary

The next battle for central-bank independence is already unfolding-- and this could potentially destabilize the entire global financial system.


Today's Stocks & Topics: Invest in Real Estate, The Stock Market, Credit Scores, How Old is Old?, What is a Good Life?, CTL - CenturyLink Inc., Grant Deed, Resistance, The Dow Theory.

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Transcript

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0:00.0

Steve and justin use why charts for their winning investment research

0:04.6

so start your free trial now and if you purchase mention invest talk and get a generous

0:10.4

discount at whyCharts.com. This podcast is produced by KPP Financial, Steve

0:19.3

Peasley President, KPP Financial, Independent Thinking, shared success.

0:26.3

And now today's podcast.

0:28.6

Good afternoon everybody and welcome to Invest Talk. It is Friday March 8th,

0:37.0

and I'm Steve Peasley. I thank you for joining me today. And I hope you will also call me today with your investing questions or anything

0:44.8

financial. Any issue that you're starting with that is financial I'll be happy to talk about.

0:50.3

I may not have the answer, but I know where to find them so happy to do that.

0:55.1

Now here in the Vest talk and at KPP Financial my firm we implement a

1:00.5

philosophy of independent thinking and shared success.

1:03.8

And what does that really mean?

1:05.6

Independent thinking, shared success?

1:07.2

Well, number one, we don't buy other people's ideas, other companies' suggestions of what stocks or equities we should own.

1:16.7

We want to stay independent from them.

1:19.5

And share success means we'd like to buy the same thing.

1:21.6

I buy the same thing for myself as I do for my clients at the same price, same percentage of the portfolios in the various programs we have.

1:29.0

And this is all pointing to one goal, and that's to help all of us reach financial freedom, whatever that means to you.

1:38.0

Freedom from worrying about money.

1:43.0

Okay, today in this hour, I'm going to do my best to help you reach your goals, whatever they are,

1:51.0

financially. I mean, everybody's different and we do that I do that

1:56.0

Justin does it on the days he does the show we do that by answering your questions

...

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