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Animal Spirits Podcast

Everyone Hates Inflation (EP.231)

Animal Spirits Podcast

The Compound

Business News, Business, Investing, News

4.72.1K Ratings

🗓️ 17 November 2021

⏱️ 50 minutes

🧾️ Download transcript

Summary

On this week's show we discuss the highest inflation rate in 30 years, why this is a good time to be a borrower, why no one is happy about the economy right now, Michael got rugged in crypto and much more. Find complete shownotes on our blogs... Ben Carlson’s A Wealth of Common Sense Michael Batnick’s The Irrelevant Investor Like us on Facebook And feel free to shoot us an email at animalspiritspod@gmail.com with any feedback, questions, recommendations, or ideas for future topics of conversation. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Today's animal spirits podcast is brought to you by ground floor the wealth tech platform that allows everyone

0:05.2

To build wealth through real estate Michael a couple weeks ago

0:09.5

You came to me and said hi. I just got off the phone. I said hi. I

0:15.9

Ben how's it going you talked to ground floor CEO Brian Dalley who we had in the show a few months ago

0:20.4

And you said they've got this really cool new app called stairs that can work as a savings account because we got like two or three emails

0:27.5

So I called them and I said what's the deal with this? Yes, we'd never heard of that

0:31.4

I don't think they did any advertising and you can get four to six percent interest as like a savings account and you download the app

0:36.7

So I think it's called stairs app you or you go to stairs app.com and get four to six percent

0:41.4

In a savings account like vehicle. It's a very cool app. It's really good user experience

0:46.0

I signed up for it immediately and started using it puts a money in we're going to have Brian back on the show to discuss

0:51.9

Exactly where this money comes from because of course

0:54.9

It's not risk-free, but after going through it. I feel comfortable

0:58.6

So I have money in this and what's cool about the app is you see the clock ticking like your interest accumulating

1:04.5

Show us progress. It's like the US debt the ticking time bomb, but in reverse because it's actually a good thing

1:09.4

So check them out ground floor.com or stairs app.com for more and we're going to talk to Brian Dalley again the CEO a couple months

1:16.3

I think soon

1:19.0

Welcome to Animal Spirits a show about markets life and investing join Michael batnik and Ben Carlson as they talk about what they're reading writing and watching

1:30.0

Michael batnik and Ben Carlson work for Ritholds wealth management all opinions expressed by Michael and Ben or any

1:35.9

Podcast guests are solely their own opinions and do not reflect the opinion of Ritholds wealth management

1:40.9

This podcast is for informational purposes only and should not be relied upon for investment decisions clients of Ritholds

1:46.8

wealth management may maintain positions and the securities discussed in this podcast

1:52.4

Welcome to animal spirits of Michael and Ben

...

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