Welcome to passive real estate investing, the show where busy people like you learn how to build

substantial passive income while creating wealth for the long term. And now, here's your host, Marco

Santorelli. Hello, my friends. Welcome back to passive real estate investing, where we dive into

the world of real estate investing, among other related topics to help you with your real estate investing journey. Today, we're doing something a little different.

We're going to take a trip down memory lane and showcase an important episode from the past

on what we call our Throwback Thursday episode. Now, whether you've been with us since the beginning,

which goes back to 2015,

or you're tuning in for the first time, this episode is a must listen. We are revisiting one of our

more popular episodes from the past. And believe me, what we discussed back then,

whether it's six months ago or six years ago, is just as relevant today.

So sit back, relax, and let's rewind the clock for this great episode. Enjoy.

Today I wanted to take a different topic and talk about that. No guest, just me talking about

some of the stuff I've been talking about recently on some presentations I've done about

inflation and promissory notes.

More specifically, I had put together a presentation titled How to Earn 15% Interest and Beat Inflation

with Promissary Notes. So I'm not going to be talking about promissory notes today. I am going to

talk about inflation, what it is and how you can beat it. There is essentially a formula and some

definitions, I guess you need to know in order to calculate whether you're getting ahead or behind

the inflation game. So let's start with this. I like these two quotes. The first quote is by

Ronald Reagan, who was a popular, famous, great Hollywood movie star back in the day.

But he was also the U.S. president from January 1981 through January of 1989.

So he said that inflation is as violent as a mugger, as frightening as an armed robber, and as

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