meta_pixel
Tapesearch Logo
Log in
Success Story with Scott D. Clary

Lessons - How Excessive Money Printing Can Backfire | David Morgan - Founder of the Morgan Report

Success Story with Scott D. Clary

Success Story Media

Business, Education, How To, Self-improvement

4.6326 Ratings

🗓️ 27 April 2024

⏱️ 8 minutes

🧾️ Download transcript

Summary

➡️ Like The Podcast? Leave A Rating: https://ratethispodcast.com/successstory In this "Lessons" episode, we explore the challenges of rising prices and stagnant wages, squeezing the middle class. David Morgan, a financial expert, discusses the limitations of printing money as a solution and explores alternative perspectives.The Middle-Class Squeeze: Rising housing prices and everyday costs are making it difficult for the middle class to survive in major cities, with wages failing to keep pace.Printing Money: A Flawed Solution: While printing money can be used to stimulate the economy in the short term, it can also lead to inflation, further reducing purchasing power and potentially worsening the situation.Stagflation and Inequality: The episode explores the concept of stagflation, where stagnant wages meet rising costs of living, potentially leading to increased wealth inequality.➡️ Show Linkshttps://successstorypodcast.com YouTube: https://youtu.be/Gd7vtDeHp-oApple: https://podcasts.apple.com/us/podcast/david-morgan-founder-of-the-morgan-report-how/id1484783544?i=1000543102656    Spotify: https://open.spotify.com/episode/5qNsRSa7GrBKYbEeze5J2O?si=WdIvYw0dTUOFmCdJqr7mDQ    ➡️ Watch the Podcast On Youtubehttps://www.youtube.com/c/scottdclary

Transcript

Click on a timestamp to play from that location

0:00.0

When it comes to hiring, the best way to search for a candidate isn't to search at all.

0:03.8

Don't search match with Indeed.

0:06.0

Indeed is your matching in hiring platform with over 350 million global monthly visitors

0:10.8

according to Indeed Data, and matching technology that helps you find

0:14.2

quality candidates fast.

0:16.2

Ditch to busy work, use Indeed for scheduling, screening and messaging to connect with candidates

0:20.4

faster.

0:21.4

And Indeed doesn't just help you hire faster. 75% of employers claim Indeed

0:25.7

delivers the highest quality matches compared to other online job sites.

0:29.3

Leveraging over 140 million qualifications and preferences daily, Indeed's matching engine is constantly learning

0:35.6

from your preferences, so the more you use Indeed, the better it gets.

0:39.4

Join more than 3.5 million businesses worldwide that use Indeed to hire great talent fast.

0:45.0

Join today by heading to Indeed.com slash Podcast 5 and get a 100 pound sponsored job credit.

0:51.2

That's Indeed.com slash POD K-D-K-A-T-Z-5. Terms and conditions apply.

0:57.0

Everything's going up in price. So if you look at the major city, so I'm originally from Toronto, well, I'm Canadian, I'm originally from Toronto and you can't buy it

1:06.2

attached home for less than two million dollars and there's other there's other

1:09.2

issues that are stopping that but I mean the average I think to live in Toronto you have to make

1:15.8

about 200 k to be considered middle class $200,000 a year to be considered middle class

1:20.3

and the salaries are not just the people are not just handing out $200,000 salaries and that carries over into everything.

1:27.0

So now you see now we're starting to see the effects in major urban areas for sure, maybe less so in like smaller in smaller cities where life seems more affordable but it obviously it impacts everybody.

1:40.0

So what's the fix for this? Like, you know, we try and we print money, right? We print money to, you know, to help the economy when COVID happens to keep up with, you know, foreign entities that are also printing money and to and to maintain that

1:54.3

pace so what's the alternative to this well let me speak at that you can re-ask the

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Success Story Media, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Success Story Media and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.