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Peak Prosperity

Unlocking Insights and Unveiling Economic Realities

Peak Prosperity

Chris Martenson

Government, Investing, Business

4.7591 Ratings

🗓️ 12 January 2024

⏱️ 44 minutes

🧾️ Download transcript

Summary

In this episode, titled “Unlocking Insights and Unveiling Economic Realities,” I’ll be your guide through a thought-provoking discussion that goes beyond the surface. From dissecting market trends to demystifying economic jargon, we’re here to empower you with the knowledge needed to navigate the complexities of today’s financial landscape.

Transcript

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0:00.0

Hello, everybody. Chris Martinson here, and today we're going to be talking about finance

0:03.9

and economics as part of finance you. Remember, anything that you see in this video and all

0:10.2

resources available at our websites or affiliated websites are not intended as or construed us financial

0:15.8

advice. This is for educational purposes. Remember, if you have a financial decision, please

0:20.7

consult a financial

0:21.7

professional. We are not attorneys. We're not CPAs. We are not financial managers. As well,

0:28.0

we do our best to be accurate, and everything we represent is as accurate as we know it to be.

0:32.5

Now, let's turn to our program. Hey, everybody, Chris Martinson here. Welcome to Peak Financial Investing and Finance You. We're going to discuss all things finance. Hey, Paul, good to see you. Good to see you as well, Chris. Good to see you. Well, as you saw, I have, I have this little, at the time of this recording, there's this little debate going on with Doomberg, right? And a little surprising because I had to do something I haven't had

0:56.0

to do in a number of months. And that is I had to break out my data paddle. Okay. I like that.

1:02.4

You don't want me to have to break out the data paddle, okay? But I love the data. I love how you bring

1:10.7

data to what you do as well. It's just,

1:12.7

it's really important. I mean, in business, you have to measure things. I mean, this is the thing

1:17.1

I decry the most just to get off script before we even started is the way in which we've lost

1:22.4

the ability to have conversations because we don't have meaning in our words anymore that we can

1:26.3

agree to, right? And I just,

1:28.1

I had to put this out in the context of the German farmers, right? The way they were painting it

1:34.3

in the media was they said, oh, well, they're unhappy because some subsidies are being removed.

1:39.8

And if you saw that piece for anybody you didn't watch that, the subsidy being removed was a tax they didn't put on the farmers

1:46.7

that they wanted to put on the farmers,

1:48.2

but because they hadn't put the tax on,

1:50.2

they called that a subsidy when the definition of the word subsidy

1:52.8

is money given for a purpose, not money not taken away.

...

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