Your Money Is Losing Value Every Day?

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1:56and full price plan options available. Taxes and fees extra. See full terms at mintmobile.com. We're going to talk about inflation hitting a two-year high. And once again, before we even leave that topic, that's why it's important just to stay in the market because people that lose are usually people that have short-term vision and short-term plans. You got to just be able to block out all the noise. So inflation hits two-year high. And we can tie this in with everything that's been happening geopolitically. If you haven't followed last Market Mondays, the story was that Trump had a deadline for Tuesday at 8 o 'clock that if they didn't comply, if Iran didn't comply, he was going to destroy the whole entire country.

2:41Then Tuesday at 7 o 'clock, he said that it was a two-week ceasefire. And then also we said on Market Monday, watch for the sabotage. and then after the after the after the the ceasefire was announced Beirut got hit with 100 bombs in 10 minutes stability then they go and they have a 24 hour 48 hour conversation with JD Vance brokered by Pakistan to try to have a peace deal and they said that that was not successful and they said that the United States is going to take over the straight Iran said that's fake news who knows what's going on. The Pope has got involved. He's expressed his how he's not happy with what's going on.

3:32Donald Trump attacked the Pope and then he dressed up as a white Jesus on Truth Social. Wait, he wasn't a doctor in that photo? Well, yeah. Handing out healthcare. Then he said that he was a doctor. So a lot has happened. A lot has happened over the last one week. Well, he also accused China of providing them with arms, saying that they were bringing in planes to bring them arms and then threatened to put a 50 % tariff on all Chinese goods. If that was true, they denied that the arms were being brought. So now tariffs are back into play. I mean, it's a lot. It's a lot. It's a lot going on. It's a lot going on.

4:13It's a lot of uncertainty, which is Donald Trump's middle name. His middle name is uncertainty. Find clarity. But the market has rallied. We'll see how long that can last. But inflation.

4:27Inflation is always the silent killer of wealth. For sure. Inflation is the silent killer of wealth, right? And that's something that is quiet. You don't really realize what's going on until you look up and your rent has gone up$1 ,000 and the price of eggs has gone up$4 and gasoline has gone up, you know, to$4 per gallon. So inflation at a two-year high, what do we make of this? I wouldn't want the job, but the part that's really tough about that, because when rent increases, once inflation starts to slide back to a normal rate, the rent prices don't come down. The mortgage rates don't always adjust as quickly.

5:15the cost of living doesn't adjust. Just looking back into, let's say the 2010s, the cost of living was dramatically different than it is now. My fear in 10 years, it'll probably be 25 or 30 % worse. And it's not as bad as it can be. Like in 2022, it went to 8.3%, which was destructive. And we're still being kind of taxed at a 2022 rate, even though we're at 3 % now. Um, so even though the stock market is doing well, as a result, it worries me that the economy is not doing as well. And I think the curtain is starting to be removed. There's a bunch of things I think the Fed could do. But if I'm thinking long term, we seem to be in an endless inflation cycle to, like you said, to rob you of all wealth.

6:07It's not, I don't think it's an accident that as soon as everyone got into the market in 2020 and shout to everyone who supported the show from the very beginning that as soon as we learned about business at a high clip they inflated damn near all of your gains away from 2020. Like think about this we were talking about it before the show between Nvidia, AMD, Micron, SanDisk you've had some of the greatest returns in the history of the market. You also have the greatest disparity of wealth and have and have nots and people now need 100 to 200 percent return in the market to feel safe to invest because you can't even promise anyone 7 to 12 percent if inflation is 25 fucking percent we are on a destructive model that i have not seen and i don't know if it's going to turn around any soon i would be lying to say if i thought things would be better in four or five years um so i don't know what the answer is here but i know it's not going to come down in the time soon what do you guys yeah i i don't i don't know if there's an answer currently right like the fed being involved is i mean yeah there's things they can do but what can they really do at this point because in a few months who was going to be the fed chair right like you think about it i mean he could come in that's a great point he could come into the position and figure out a way to lower rates.

7:29But if oil is what's leading us as the cause of inflation and we're still at war, then you really can't lower rates. And that's when you look at the reports from February to March in terms of inflation, we got 2.4. Now we're at 3.3. It's really inflated because of energy, right? If you think about the energy costs, oil's going up, that has been the leading cause of it. And if we don't have a curtail on that, if we can't figure out how we lower these prices, how we come out of this war, how we open the straight. Yeah, we're going to be in this cycle for a little bit more because the Fed, their job is to make sure that the economy stays at a stable point and we don't go to stagflation or go into depression.

8:13But if the leading cause of the actual conflict is oil, yeah, what do you do when your administration, your president can't seem to figure this out. Well, the only thing you can do is invest and make more money because inflation is something that's not going to go away. It's impossible. As long as the government keeps printing money, then the money is going to become less valuable. As individuals, are you saying? Excuse me? You're saying the only thing that we can do as individuals is invest? Yeah. I was saying, like, the Fed, what are they supposed to do? What can they do? Well, no, have better monetary policy, and then the governance can have better governance, and this war is helping to increase inflation because we're spending money, we're increasing our debt.

8:54So there are measures that can be taken to cool off. You can definitely do a variety of different things, make money tighter, but then there's side effects with that. So that's why it's very important. When they want to lower inflation, they make money tighter. But by making money tighter, if you're not careful, you can cause a recession. There you go. You can force the recession, yep. and if you look at the environment from the top down where we talk about you know these credit default swaps and these big companies more institutions are figuring out hey we're putting limits on what you can I mean the environment is kind of almost in that sector where it's like hey we might be there anyway so it's a fine fine balance that they have to figure out this is Sarah Spain with a huge congratulations to WNBA top draft pick and amazing iHeart podcaster AZ Fudd from all of us here and your friends at GEICO.

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