4.8 • 692 Ratings
🗓️ 21 April 2021
⏱️ 24 minutes
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0:00.0 | Welcome to the Real Estate Strategies podcast. |
0:03.3 | This is a show where we get into all things real estate |
0:06.3 | with some of the industry's top leaders, innovators, and movers and shakers. |
0:10.4 | This is a place where we'll get into the trends, the how-toes, and the nuts and bolts of real estate investing. |
0:16.2 | I'm your host, Ken McElroy. |
0:18.3 | If you want to get my weekly newsletter where we keep the conversation going on the |
0:21.7 | topics that we cover here, please go to www. Kenmacoroy.com slash news. Let's dive into this episode. |
0:33.7 | Hey, everybody, it's Ken. So here I am with my friend, Peter Schiff, the CEO of EuroPacific Asset Management, |
0:40.8 | Epaqfunds.com. And go to check out his stuff. He's got incredible traction on YouTube, |
0:47.8 | on his podcast, on Schiff Radio. He's always in the top downloaded podcast. He's an economist. And I first met Peter back in early |
0:58.2 | 2000 when he predicted the 2008 crash. And so he wrote the book Crash Proof. He wrote another book. |
1:04.4 | It's behind him there over his shoulder called The Real Crash. Welcome, Peter. We're going to talk |
1:09.8 | about inflation. Oh, thanks, Ken. Yeah, |
1:12.7 | inflation. You know, that's going to be the new watch world. You know, people really haven't |
1:17.6 | talked too much about inflation really since the 1970s. Remember Jimmy Carter, not Jimmy Carter, |
1:25.0 | Gerald Ford had the whip inflation now buttons where the government was trying |
1:29.2 | to convince people that inflation was our fault, that somehow, you know, too much prosperity |
1:35.3 | caused inflation. |
1:36.4 | It was too many people working or too much economic growth. |
1:39.9 | And so we were supposed to whip inflation as a nation, right? |
1:43.2 | But it's all a bunch of nonsense. |
1:45.2 | Prosperity doesn't cause inflation. |
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