The Answer To Beating Inflation

The Cardone Zone

Grant Cardone

Business, Careers

4.8 • 4.1K Ratings

🗓️ 17 November 2021

⏱️ 62 minutes

🔗️ Recording | iTunes | RSS

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Summary

Inflation is only going to continue to go up. This Saturday I am doing a free training to show different ways to enter the real estate game which is a real asset that will give you cash flow! You still have time to sign up at www.grantcardone.com/rei

Transcript

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0:00.0	Hey, welcome back to the Cardone Zone, Grant Cardone here.
0:03.0	Today we're talking about inflation.
0:04.4	It's in the news.
0:05.4	It's everywhere.
0:07.1	Inflation, in economics, refers to a general progressive
0:12.5	increase in prices of goods and services in an economy.
0:16.6	When the general price levels rise, each unit of currency
0:22.3	buys fewer and fewer goods and services.
0:25.2	Consequently, inflation corresponds to reduction
0:27.5	in the purchasing power of this fiat garbage, cash,
0:33.2	trash concept.
0:35.6	Today I'm talking about gold, Bitcoin, stocks, real estate,
0:39.8	how to fight inflation.
0:41.9	Johnny, I don't know if they can show wages
0:44.2	versus inflation, but I'm going to show you right here.
0:46.9	Look, here's the cost of goods and services.
0:49.5	They're going up right now.
0:50.7	I'm going to give you a whole list, commodity prices,
0:53.5	crude oil, up 109%.
0:55.9	Heating oil, 106%.
0:57.8	Gasoline, up 105%.
1:00.0	This is just since the election, by the way.
	...

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