Ep. 557 What Every Patriot Must Know about INFLATION!!
Turley Talks
podcast@turleytalks.com
4.8 • 1.3K Ratings
🗓️ 12 July 2021
⏱️ 17 minutes
🧾️ Download transcript
Summary
Highlights:
- “I do think that there’s going to be some short and midterm pains that we’re going to have to brace for and it’s going to be uncomfortable.” - Scott Scheel
- “We want folks to be aware of the fact that you know, look you’re seeing a tree falling get out from that landing zone before it hits, and then once you’re out of that path of destruction your ability to step in and help and even capitalize on that becomes powerful.” - Scott Scheel
Timestamps:
- [01:35] Are we seeing a record-high inflation
- [04:36] What should we expect with the stock market as inflations creep in
- [06:41] How inflation affects real estate
- [09:57] How do we get out of this - why invest in commercial real estate
- [13:17] What you should focus on if you’re considering transitioning with fixed assets
- [14:38] On Scott’s ebook, Bigger IS Better
Resources:
- Get your FREE copy of Scott’s Ebook, Bigger IS Better: 7 Reasons Why Commercial Beats Single-Family Investing here: Commercial Academy & Turley Talks
- INDEPENDENCE DAY SALE! BUY 2 SHIRTS and GET 1 FREE!!! Get Your Brand-New PATRIOT T-Shirts and Merch Here: https://store.turleytalks.com/
- Become a Turley Talks Insiders Club Member: https://insidersclub.turleytalks.com/welcome
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Transcript
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| 0:00.0 | Are we seeing the revitalization of conservative civilization all over the world has been a massive backlash against globalization, its leftist leadership, and its anti-cultural liberal values, and it's just the beginning. |
| 0:19.0 | I'm Dr. Steve Turley. I believe the liberal globalist world is at its brink, and a new conservative age is rising. |
| 0:27.0 | Join me every day as we examine these worldwide trends, discover answers to today's toughest challenges, and together learn to live in the present in light of even better things to come. |
| 0:39.0 | This is Turley Talks. |
| 0:42.0 | Are we about to see record-setting inflation? Are the wealthy boxing out lower income buyers from the real estate market? |
| 0:58.0 | What's the future of commercial real estate in a post-pandemic society? |
| 1:03.0 | I could think of no better expert to answer these questions as a good friend to this channel, and that's the one, the only real estate rock star, Jay Scott-Chill. |
| 1:13.0 | Now, you may have seen Scott on Fox Business Channel. He's a frequent contributor to the Varnies program. |
| 1:19.0 | He shows off his expertise in global finance and investing for the world to seize. |
| 1:24.0 | He's a star real estate developer, serial entrepreneurs, even a feature film producer. |
| 1:31.0 | And Scott is super successful, and it is his passion to inspire others to achieve their dreams and impact communities. |
| 1:39.0 | So Scott's got a special event in Dallas in a few weeks he's going to be telling us about, as well as a really cool e-book that can help you with real estate investing. |
| 1:48.0 | So Scott's an honor to have you back, man. Welcome. It's an absolute honor. |
| 1:52.0 | Dr. Steve, it is a pleasure to be here with you and your audience. Thanks so much for inviting me back. |
| 1:57.0 | And we always love, we get the opportunity, you know, to sit and kind of refine everything that's going on in the world around us today. |
| 2:03.0 | Plus I got to tell you how much I love your audience. |
| 2:06.0 | Oh, man. Oh, they're right back at you. They love you, man. |
| 2:10.0 | All right. So let's start with the big eyeword, right? Inflation. Inflation indicators. |
| 2:16.0 | I mean, everybody's, you know, biting the nails. Are we going to be seeing? Do you think a massive inflation like we haven't seen before wealth since Jimmy Carter days? |
| 2:30.0 | Unfortunately, I believe the answer to that question is undoubtedly. There's, there's literally every possible indicator that you can look at in play that leads to this, you know, outcome. |
| 2:44.0 | So as much as, you know, there might be some merceness in the water, and I'm always, you know, I'm always impressed by, let's say, all of the uncertainty that is able to be injected into the markets. |
| 2:57.0 | So that the, you know, average folks, such as ourselves, maybe can't get that clear discernment of what's coming. |
... |
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