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Grant’s Current Yield Podcast

When everything's absurd

Grant’s Current Yield Podcast

Grant's Financial Publishing, INc.

Investing, Business, Stockmarkets, Financeexpertjimgrantoninvestment, Realestatefederalreserve, News, Business News

4.6693 Ratings

🗓️ 29 September 2021

⏱️ 38 minutes

🧾️ Download transcript

Summary

In conversation with, the comedian, Remy Munasifi.

Transcript

Click on a timestamp to play from that location

0:00.0

Coming up, bad news for savers as even those with high interest savings accounts are seeing their money disappear thanks to inflation.

0:08.0

But first, we'll detail every possible thing you could die from.

0:12.0

He's a rational investor, dividend, not just a, save some numbers paycheck just like all his ancestors.

0:18.0

Him looking for high yields, That's never the case.

0:21.3

He's seeking 6% returns.

0:23.1

Slow and steady wins the race.

0:24.6

When he checks his accounts just to see what they're fielding,

0:27.6

it's like driving in Maryland.

0:29.4

Ain't nobody yielding.

0:30.9

What is he to do?

0:32.2

He shouldn't be in a drought.

0:33.9

So he visits his advisor just to sort it all out.

0:36.9

Inflation's higher than your bond rate.

0:38.9

That's what I was fearing.

0:40.0

Well, this is Grant's Interstree Observer of the Air, and the music you have heard is not Count

0:46.1

Basie, April and Paris, circa 1955.

0:49.2

It is Remy, just plain Remy.

0:51.9

We have, there's like Bono, there's Cher, there's, there's, what, there's, I don't know,

1:00.0

Madonna. Right, and there's, there's Remy. And Remy, Munasifi is, is our guest today. And what you

1:07.7

heard was, was Remy doing a little riff on dog money, which is what the Federal Reserve produces under the name of Federal Reserve notes.

1:18.9

Well, I'm super honored to have the intro music for this episode.

1:23.8

Well, this is the first time, Evan, we've been doing these things for, what, 30 years?

...

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