The Quiet Crisis Hitting the Middle Class Wealth
Ken McElroy Show
Ken McElroy
4.7 • 712 Ratings
🗓️ 7 April 2026
⏱️ 38 minutes
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Transcript
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| 0:00.0 | What if the middle class investor is getting squeezed out of wealth building? |
| 0:06.0 | So we're here today with our good friend Jasperit. Welcome to the studio. |
| 0:11.0 | Thank you for having me. It's great to be here in person. |
| 0:13.0 | You guys don't know his channel. It's minority mindset. It's incredible. |
| 0:18.0 | So we just did a podcast about this exact issue. |
| 0:22.0 | You know, you have any views on it, on the middle class? |
| 0:26.1 | I have a lot of views. |
| 0:27.4 | Yeah. |
| 0:28.2 | I think, unfortunately, well, the system is rigged. |
| 0:34.1 | And I think that's been an established fact. But I think over the last number of years, it has been so incredibly rigged. And I think that's been an established fact, but I think over the last number of years, |
| 0:39.5 | it has been so incredibly rigged for the people that understand money and that are wealthy, |
| 0:46.0 | that the average person has been getting screwed. And the middle class keeps getting smaller |
| 0:51.4 | and smaller because of that. And a lot of this has to do with |
| 0:56.4 | financial education because the way that our system is designed, inflation hurts the middle class |
| 1:03.2 | and it makes the investor richer. And now when you have any of these geopolitical conflicts, |
| 1:08.7 | it is the investor that's getting richer and the average person |
| 1:11.4 | is slowly falling behind. How do I know? Because you look at gas prices. Gas prices start to go |
| 1:16.5 | up. Who gets hurt? It's the average person. Well, the investor and the business owner and the wealthy |
| 1:21.4 | person, they're getting a bigger tax break when these types of things happen. Our entire system |
| 1:26.9 | is designed to make the financially savvy wealthier, |
| 1:31.6 | but we're never taught how to be financially savvy. |
| 1:34.4 | That's right. |
... |
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