The Wrap Up: THE PROBLEM WITH THE ECONOMY
Market Mondays
EYL Network
5.0 • 4.1K Ratings
🗓️ 4 May 2022
⏱️ 10 minutes
🧾️ Download transcript
Summary
In this Wrap Up we talk about the economy and what is causing the latest pullback in the stock market. #bearmarket #stockmarket #marketmondays
Link to episode: https://youtu.be/7SFH2GWca4k
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Transcript
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| 0:00.0 | Quantitative destruction. What is that we talk about quantitative easing several several times on the show |
| 0:07.2 | So I'm assuming everybody knows what quantitative easing is |
| 0:10.4 | But what is quantitative destruction and what should investors be doing in this market? |
| 0:16.5 | Quantitative destruction is the easing of capital |
| 0:20.9 | To prevent from us to go into a hyperinflation or a stack flation situation |
| 0:25.8 | So basically defend has to create a recession to slow things |
| 0:31.4 | From continuously growing at the rate that they are now. I was reading the article |
| 0:34.9 | A rent in Idaho has gone up 30% this year |
| 0:38.8 | Idaho |
| 0:40.1 | Kanye is not there |
| 0:42.1 | Kardashians clearly aren't there shot out of the Kanye. Yeah, shot up to Kanye |
| 0:46.6 | But the rent and the price of everything has gone up so much |
| 0:50.9 | This is the only weapon that they have to slow down inflation |
| 0:54.4 | And some people are asking are we going to have a soft landing |
| 0:58.8 | Anytime that you have to try and cause a crash the landing is never soft especially for black people |
| 1:04.2 | So |
| 1:05.4 | Quantitative destruction is that the opposite of quantitative easing when there were continuously pumping money into the market |
| 1:11.2 | Now they have to slow up the money that is going out into the market to bring things back down to a normal level |
| 1:17.7 | So um in this market |
| 1:19.7 | I told stock club members this earlier |
| 1:21.3 | But this is the time when the real investors come out |
| 1:26.4 | We've talked about the endlessly Troy said at a bunch of times patience pays |
... |
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