How Does Today Compare With the Past?
Talking Real Money - Investing Talk
Don McDonald
4.5 • 811 Ratings
🗓️ 2 April 2020
⏱️ 8 minutes
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| 0:00.0 | Adobe Express is the quick and easy Create Anything app. |
| 0:05.0 | It's a game changer for my business, my go-to for creating content. |
| 0:09.0 | From social posts to images, videos, flyers, whatever I need to stand out. |
| 0:15.0 | With customizable templates and smart features, it saved me endless hours. |
| 0:20.0 | And the best bit, it's free. Search for Adobe Express to find out more and get started today. Reality Radio for a really great future. |
| 0:38.0 | We're talking real money. |
| 0:40.6 | Hi, this is Tom Cock. |
| 0:43.0 | Let me take you back. |
| 0:45.4 | Way back. |
| 0:46.7 | And I know sometimes we talk about returns going back to 1926, but let's go back to the year |
| 0:51.9 | 135. |
| 0:53.9 | Now, imagine |
| 0:56.3 | unemployment, |
| 0:58.6 | 1935 in the United States of America, |
| 1:01.5 | 20%. Just for a little perspective, |
| 1:05.2 | in February of 2020, it was a little over three. |
| 1:08.6 | Now, there's a lot of debate about |
| 1:10.5 | how much it's going to move up and how |
| 1:13.1 | quickly, but 20 percent fairly extreme. Also, you had a raging case of deflation. Price is actually going |
| 1:22.3 | down. You had the breadbasket of the United States turned into the dust bowl. |
| 1:28.4 | You have the storm clouds, you know, gear it up in Europe, led by this guy named Hitler that people didn't take very seriously, but should have. |
| 1:38.2 | And then along the way, Franklin Roosevelt and Congress came up with the New Deal and that was supposed to sort of solve |
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