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InvestTalk

11-15-19: ENCORE - 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

🗓️ 15 November 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: Investing in Real Estate, The Stock Market, Credit Scores, How Old is Old?, Grant Deed, Resistance, The Dow Theory, Payroll Numbers, New Investor, Cash Reserve Fund, Retirement, Variable Annuities, Statistics, Book Value, Economic Value.

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Transcript

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0:00.0

This podcast is produced by KPP Financial, Steve Peasley President,

0:10.4

KPP Financial, Independent Thinking, shared success.

0:15.0

And now today's podcast.

0:17.0

You're listening to an encore presentation of Invest Talk.

0:24.0

Please call with your questions and comments though, 88899 chart, 88899,

0:30.0

CHA-R-T, and Steve will answer them on the next Invest Talk.

0:34.0

Good afternoon everybody and welcome to Invest Talk.

0:39.0

It is Friday and I'm Steve Peasley.

0:41.0

I thank you for joining me today.

0:43.0

And I hope you will also call me today with your investing questions or anything financial.

0:48.0

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

0:52.0

I may not have the answer, but I know where

0:54.9

to find them. So I'll be happy to do that. Now here in a vest talk and at KPP Financial, my firm,

1:02.1

we implement a philosophy of independent thinking and shared

1:04.8

success and what does that really mean independent thinking share

1:08.9

success? Well number one we don't buy other people's ideas, other companies suggestions of what

1:16.2

stocks or equities we should own. We want to stay independent from them. And

1:21.4

share success means we'd like to buy the same thing. 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. And this is all pointing to one goal and that's to help all of us reach

1:37.2

financial freedom, whatever that means to you. Freedom from worrying about money.

1:44.0

Okay, today at this hour I'm going to do my best to help you reach your goals, whatever they are financially. I mean everybody's different and we do that, I do that.

1:58.0

Justin does it on the days he does the show. We do that by answering your questions. And so that you drive the show, you make an interesting or not interesting. I don't know how interesting I can make it. I talk about things that are interesting to me. I'm just never sure that's what the audience

2:15.0

wants, but I do know your questions drive the show and make it interesting for everybody else. So don't

...

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