Inflation and Debt Are Looming Over the U.S. Economy

Stansberry Investor Hour

Stansberry Research

America, How, To, Crash, Money, Learn, Stansberry, Income, Research, Debt, Stocks, Porter, Business, Realestate, Banking, Investment, American, Investing, Invest, Howtosave, Sjuggerud, Ferris, Eifrig, Jubilee, Buck, Sexton, Market, Bonds, Churchouse, Savings, Options, Lashmet

4.4 • 677 Ratings

🗓️ 10 February 2025

⏱️ 63 minutes

🔗️ Recording | iTunes | RSS

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Summary

On this week's Stansberry Investor Hour, Dan and Corey welcome Frank Trotter to the show.
Frank is the president of Battle Bank, which is looking to revolutionize the digital-banking
industry.

Frank kicks off the show by sharing how he got his start in banking and how interest rates
have changed over the decades due to various crises and bear markets. That leads to a
discussion about the U.S.'s 10-year Treasury yield and why it has soared since the Federal
Reserve cut rates. Frank also dives into EverBank, the direct-to-consumer online bank he co-
founded in 1998 that amassed $28 billion in total assets. (1:40)

Next, Frank explains what the current regulatory environment is like and how EverBank
survived the dot-com bust. He then goes in depth on Battle Bank, which is focusing on the
national direct-to-consumer branchless market. Frank covers Battle Bank's conservative
strategy for lending money, whether environmentalism and politics have had any impact on
lending to natural resource companies, and the specific advantages Battle Bank has over
larger banks. (19:14)

Finally, Frank talks about crypto acceptance at Battle Bank, "eCash" being ahead of its time
in the 1990s, and the larger limitations of bitcoin that will impede it from becoming a
reserve currency. He also gives his thoughts on Elon Musk's Department of Government
Efficiency and its lofty goal of cutting $2 trillion in federal spending. And he closes the
episode out by urging listeners to think about the future and ask themselves some tough
questions. (37:25)

Transcript

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0:00.0	Hello and welcome to the Stansberry Investor Hour. I'm Dan Ferris. I'm the editor of Extreme Value and The Ferris Report, both published by Stansberry Research. And I'm Corey McLaughlin, editor of the Stansberry Daily Digest. Today we're going to talk with Battle Bank co-founder, Frank Trotter. I've known Frank for decades now. He's taught me more about banking than any other single person in the world.
0:23.6	I always look forward to running into him at conferences because I know he's going to teach me something else.
0:28.6	So let's talk with Frank Trotter. Let's do it right now.
0:32.6	For the last 25 years, Dan Ferris has predicted nearly every financial and political crisis in America, including the collapse of Lehman Brothers in 2008 and the peak of the NASDAQ in 2021.
0:51.6	Now he has a new major announcement about a crisis that could soon threaten the
0:55.6	U.S. economy and can soon bankrupt millions of citizens. As he puts it, there is something
1:01.0	happening in this country, something much bigger than you may yet realize, and millions are about
1:05.6	to be blindsided unless they take the right steps now. Find out what's coming and how to protect your portfolio by going to
1:12.5	www. www. American Darkday.com and sign up for this free report. The last time the U.S. economy
1:19.5	looked like this, stocks didn't move for 16 years, and many investors lost 80% of their wealth.
1:25.9	Learn the steps you can take right away to protect and potentially
1:28.7	grow your holdings many times over at www.american darkday.com. Frank, welcome to the show.
1:41.8	It's always a pleasure to see you. Dan, it's fabulous to see you. And you too, Corey.
1:45.3	All right. I was just looking at your, I think for our listeners' sake, just so they get a better idea of who you are and what you're about.
1:56.2	I was looking at your LinkedIn page, and I noticed you've been in banking since 1981.
2:02.3	I know.
2:03.7	Is that ancient history or what?
2:05.3	I know.
2:06.0	It's a long time.
2:07.3	My wife was saying the other day, she was saying, were the 80s 40 years ago?
2:13.7	It was just a weird moment because, you know, I'm 63, but the time goes by so fast,
2:20.1	you still feel like you're in the mentality of being 43 or something.
	...

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