And I'm not making this up. The IRS will still tax you every single year on phantom interest.

Interest you never actually received. You are literally paying taxes on the privilege of having your

life savings incinerated. This is the epic real estate podcast. Contrarian takes on money,

housing and policy without the guru nonsense.

Let's go, let's go, let's go, let's go, let's go, let's go. Let's go. Let's go.

And look, while we've all been busy arguing about whether a two-liter of Coke costing $9 is

transitory or permanent, which, by the way, is like arguing if a bear in your kitchen is just

visiting or your new roommate,

he's eating your salmon either way. The Federal Reserve has been quietly building a $12 trillion

trap. And the bait? It's your entire freaking savings account. This isn't a conspiracy theory.

This isn't speculation. This is mathematical certainty. The government and its weird

unelected banking wizards that the Fed have set in motion a systematic destruction of your wealth.

And they've already lit the fuse. It all starts with something that sounds incredibly

boring, which is always where they hide the financial crimes. It's called a zero-coupon treasury bond.

Here's how it works.

You give the government, say, $24 today,

and in return, they promise to give you $100 back in 30 years.

Sounds great, right?

It's like a magic bean, except instead of a giant,

you just get to become your own grandfather. But here is the horrifying catch.

These bonds are unbelievably sensitive to interest rates.

They have something called duration risk, which is a fancy term for a catastrophic built-in design flaw.

...