Inflation Is Theft and How To Protect Your Money - John MacGregor
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- Опубликовано: 15 май 2024
- In this episode, host John McGregor tackles pressing financial issues including the role of insurance in inflation, the impact of new car technologies on insurance rates, the state of the economy, and fluctuations in wages.
McGregor shares insights on how the Federal Reserve's decisions on interest rates are influencing inflation and potentially leading to a recession despite ongoing layoffs in major companies. He discusses the rising cost of owning a car, with an emphasis on insurance and additional expenses, and highlights the increasing number of home foreclosures across the U.S.
McGregor uncovers the issue of politicians legally profiting from insider stock trading, illustrating the broader theme of how various policies and economic indicators are interconnected, affecting everyday financial decisions and the broader economy.
00:00 Introduction
03:59 Unpacking the Inflation Crisis: Insurance Costs and Beyond
07:46 Big Brother in Your Car: The New Surveillance Economy
11:25 The Ripple Effects of Inflation on Commodities and Wages
22:48 Navigating the Storm: Layoffs, Foreclosures, and the Housing Market
28:06 The Lucrative World of Politicians and Insider Trading
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Disclaimer: The information provided in this video is for educational and informational purposes only. It should not be considered as financial advice or a recommendation to buy or sell any financial instrument or engage in any financial activity.
The content presented here is based on the speaker's personal opinions and research, which may not always be accurate or up-to-date. Financial markets and investments carry inherent risks, and individuals should conduct their own research and seek professional advice before making any financial decisions.
Inflation hits people a lot harder than a crashing stock or housing market as it directly affects people's cost of living that people immediately feel the impact of. It's not surprising negative market sentiment is so high now. We really need help to survive in this Economy.
Your best option if you are unfamiliar with the markets is to seek advice or help from a consultant or investing coach. I know it sounds simple or generic, but talking to a consultant helped me stay afloat in the market and increase my portfolio to roughly 65% since January. For me, it's the best method to enter the market right now.
Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with 'Tenley Megan Amerson' for the last five years or so, and her returns have been pretty much amazing.
Thanks for sharing, I just liquidated some of my funds to invest in the stock market, I will need every help I can get.
This is what happens when corporate greed is more important that citizen sovereignty. We need to stop being consumers and start being human beings. Lets bring back American pride, morality, common sense, fill in the blank ________, and on and on. Americans need to start coming first.
Thank you for sharing this info!
My dawg. Always coming through for us with the truth and knowledge.
Lots of support coming from me. Such an amazing channel. ❤🎉
Thank you very much!
They John. I plan on buying a 2-3 year old Toyota Corolla in the next 7-8 months. I will trade in my 2015 Mercedes and pay cash that I’ve been saving separately so I do not have to pay in interest and be in debt for liability. Do you think that is a wise decision?
Great question....I love the idea of buying a 2-3 year old vehicle, just as long as it isn't loaded with miles and you have a mechanic check it out. That Mercedes is only depreciating by the day. Sounds wise to me
@@johnmacgregor3106 Thank you, John!
Can gps be disconnected?
Hi, just had this conversation. I believe it can, but you're cell phone is still be tracked. Perhaps that's the way to avoid it
Tesla owners has something else to say.. I don't understand how you came to that Tesla expense of 90000 conclusion.
It's the "all-in" costs of buying a new Tesla plus the additional costs of owning it over a 5 year period. Not my stats, these came directly from a research org. Thanks
@@johnmacgregor3106 Please share the link, I am pretty much sure, they have got the information wrong in it. Or it is being paid by GM, Ford, TOyota, Stellantis, or any non tesla companies out there.
Ummmm ok. So where’s the info on how to protect our money??
It's the same ol' information and answer about making more money by having multiple streams of income.
no information at all about how to protect my money!
Varlı atanın kanalı... İdeyanı Robert Toru Kiyosaki verib sizə? 😅
Stop the self promotion
Ha! Do you mean in the beginning? In case you didn't know this, I run a business
If he doesn't believe in himself, who will?!
Just sad how many angry people there are