4.8 • 3.3K Ratings
🗓️ 24 May 2025
⏱️ 42 minutes
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It's hard to know where to look for financial advice these days, because it can be contradictory, and you don't know if it can be trusted. Luke Tatum, author of Between the Lies, joins us.
Sponsor: Monetary Metals
Guest's Offer: PerfectSpiralCapital.com/woods
Guest's Book: Between the Lies: How to Reclaim Your Future from the Banks and Wall Street
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0:00.0 | Get ready to take a flamethrower to the official narrative and learn what the elites don't want you to know. |
0:08.8 | You're listening to The Tom Woods Show. |
0:18.4 | Hi everybody, Tom Woods here. It's episode 2647 of the Tom Woods show. And we're joined today, once again, by Luke Tatum, who is founder of Perfect Spiral Capital, and author of Between the Lies, How to Reclaim Your Future from the Banks and Wall Street. Luke, welcome back. |
0:38.5 | Thank you so much, Tom. It's a pleasure to be back. All right, everybody gets all kinds of guidance on the economy. And some |
0:43.6 | people say this and some people say that. And some people say everything is overheating. And other |
0:49.0 | people say, no, that just means there are opportunities everywhere. People say you should get in. |
0:53.5 | People say you should get out. And I think after a while people just start tuning it out because they think |
0:58.1 | there is some economist somewhere advocating the pro and the con, advocating the yes and the no, |
1:05.4 | the good and the bad side of things. And they just throw up their hands and say, I don't know |
1:09.9 | what I'm supposed to think. |
1:11.5 | You know, so let's start there. How can you break through that and reach people and say, |
1:17.7 | I know there are a lot of people telling you this, that, and the other thing, but there really is |
1:22.5 | a truth of the matter. They're really, honest to goodness, is a truth of the matter. There is a |
1:26.4 | correct and incorrect way of looking at where we are, areas you should be cautious about, the types of financial planning you ought to be doing for your future. There really are correct answers to this. |
1:39.3 | Right. And you're absolutely right. I mean, not only are there economists on both sides that'll tell you any story |
1:44.5 | that you choose to hear, but they're also fighting about it publicly on Twitter, you know, |
1:49.5 | and so you can participate in that and root for your guy. And I mean, it's just kind of impossible |
1:55.9 | to see through that noise sometimes. And so, you know, we kind of follow a very rigid process guiding our clients through things. |
2:06.2 | But a lot of what I like to look at is not what's the stock market doing today. |
2:11.0 | Oh, the Dow is up. |
2:12.2 | Oh, the NASDAQ is up. |
2:13.6 | Or we're down for two or three months at a time. |
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