Raoul Pal's Warning On The US Dollar, Inflation, Debt, Web3 & An Upcoming Financial Crisis
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- čas přidán 7. 06. 2023
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Raoul Pal has become a legend in global economics as one of the most successful former hedge fund managers, and one of the most brilliant thought leaders that thoroughly understands how to navigate and explain the complexities of the global financial markets.
Get ready for another mind blowing conversation around America’s collapse and the potential financial crisis that’s going to make the next 20 years intense. We go deep on this conversation discussing:
The impact of the debt cycle and hyperinflation
Potential breakthroughs in the tech sector
The unstoppable nature of technology marked by AI models
If you’re trying to figure out how to navigate this all, its safe to say that preparing for future risks and safeguarding your loved ones is the absolute bare minimum to survive the uncertainty on the rise.
QUOTES:
“That was the death of the American dream that happened. The American dream was you participate in the US economy, you get richer, the reality is it didn't happen.”
“By every indicator I've got, we're in a recession already and it will become more abundantly clear.”
“There is an understanding that the world is too much in debt and there's no way of dealing with this without us all going back into caveman times. So this is the answer.”
“The thing that's actually driving the S&P 500 is the Fed balance sheet. It's not companies.”
“Once you digitize things the cost goes to zero”
“In my lifetime there's a 20 or 30 year period which might be a truly extraordinary moment, […] the issue is, we can't see through the other side of it, and that's terrifying.”
Follow Raoul Pal:
Website: www.realvision.com/
Twitter: / raoulgmi
LinkedIn: / raoul-pal-real-vision
CZcams: / @realvisionfinance
WARNING: I will never ask for your contact info in the comments section, that is someone impersonating me!
You gotta stop steam rolling your guests when they are trying to speak lol
Let them finish their thought. Yes.
Raoul is a grifter. You realize that right?
@@UnderstandingBitcoin explain
@@harrymarsh1994 I disagree - I so appreciate when Tom interrupts for further clarity
Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
Things are strange right now. The US dollar is becoming less valuable because of inflation, and other powerful nations waking up to trade in their own currencies. Good thing is, a lot of people still turn to the Dollar because of the safety is somehow assures. I'm worried about my retirement savings of about $420,000 losing value because of these factors and more. Where else can we keep our money?
@GregHilton-bn7mc I find this intriguing. Could you please provide me with the means to get in touch with your Adviser? I am concerned about my dwindling portfolio.
@GregHilton-bn7mc I just looked her up on the internet and found her webpage with her credentials. I wrote her outlining my financial objectives and planned a call with her.
this is huge! think you can point me towards the direction of your advisor? been looking at advisory management myself.. seeking ways to invest and make more money with the uncertainty in the economy
this recommendation came at right time, very much appreciate it. curiously inputted her full name on my browser and found her site top search, no bs.. over 20 years of experience is certainly striking!
I recommend diversifying your investments by considering stocks alongside real estate. During a recession, there are potential buying opportunities in the stock market if approached cautiously. Additionally, market volatility can offer short-term buying and selling opportunities. However, please note that this is not financial advice. It's important to be proactive in investing as cash may not be the most advantageous option during these times.
You’re right! The current market might give opportunities to maximize profit within a short term, but in order to execute such strategy , you must be a skilled practitioner.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
She is Melissa Maureen Ward. look her up
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
While investors are preparing to celebrate next year's soft landing, economic data doesn't appear to be cooperating, I’ve heard testimonies of people accruing substantial sums in dividends this recessive period. What measures can I take to ensure this?
A solid strategy can be a key component of an investor’s portfolio. Well, the bigger the risk, the bigger the reward and such impeccable decisions are better guided by professionals.
Very true. Despite having no prior investing knowledge, I started investing after the pandemic and pulled in a proffit of approximately $950k that same year. In reality, all I was doing was getting professional advice.
The decision on when to pick an Adviser is a very personal one. I take guidance from "Debra Marie Styner" to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net. `
Mondkap af
First, take a deep breath!
We can't ignore the potential impact on portfolios. Bonds are often considered a safe haven, and if they crumble, investors like me might scramble. I’ve been investing for 11 yrs and my $1m portfolio has never been this depleted, how i do hedge this?
In fact, markets have incorrectly priced in such a pivot six times over the last two years, according to Deutsche Bank, which sounded cautious about this seventh time. Still showing us why pointers from market experts are essential
I agree, having a brokerage advisor for investing is genius! Amidst the financial crisis in 2008, I was really having investing nightmare prior touching base with a advisor. In a nutshell, i've accrued over $2m with the help of my advisor from an initial $350k investment.
@andersonedward787 impressive gains! how can I get your advisor please, if you dont mind me asking? I could really use a help as of now
I'm being guided by “Leila Simoes Pinto’’ who is widely recognized for her competence and expertise in the financial market. She has a thorough understanding of portfolio diversification and is regarded as an authority in this field.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
I wonder if people that experienced the 2008 crash had it easier because. my portfolio has lost over $27000 and I don't see my retirement turning out well when I can't even grow my stagnant reserve
You have an opportunity to rebalance thanks to volatility. In order to help you diversify your portfolio, you must hire a financial counselor or broker.ur portfolio, you must hire a financial counselor or broker.
I'll suggest you create a diversification strategy because building a good financial-portfolio has been more complex since covid. I have accrued over $120K under the guidance of my coach during this crash. She figured out Defensive strategies to protect my portfolio and make profit from this roller coaster market.
I’m new to all this, heard it's a good time to buy and basically I've just got cash sitting duck in the bank and I’d really love to put it to good use seeing how inflation is at an all time-high, who is this coach that guides you, mind I look them up
My advisor is *Sharon Louise Count* she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field.
She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.
As a soon-to-be retiree, keeping my 401k on track after a bumpy 2022 is a high goal. I've read about investors generating up to $250k ROI in this present sinking market; any suggestions for increasing my ROI before retirement would be greatly appreciated.
There are tactics that could be implemented for consistent gains independent of the economy or market conditions, but such executions are often carried out by experienced investment specialists or advisors.
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
"Carol Pasol Lewis". You can easily look her up, she has years of financiaI market experience.
I just looked her up on the internet and found her webpage with her credentials. I wrote her a outlining my financial objectives and planned a call with her.
Every crash/collapse/inflation/recession provides an equal market opportunity if you are properly prepared and knowledgeable. I've seen people amass up to $800,000 during crises and even with ease in a bad economy. Someone has undoubtedly become extremely wealthy as a result of the crash.
I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k
This aligns perfectly with my desire to organize my finances prior to retirement. Could you provide me with access to your advisor?
There are a lot of independent advisors you might look into. But i work with “Vivian Carol Gioia” and I have been working together for nearly four years, and she is excellent. You could proceed with her if she satisfies your discretion. I endorse her.
Thanks, I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a call.
Instead of trying to predict whether or not we’re going into more recession and keep losing your money, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every quarter according to Bloomberg.
TBH same here man, 25% of my portfolio is in the red and I really don’t know how long I can stomach the losses. I’m beginning to reach a breaking point.
I do feel your pain mate, I’d suggest you look into passive index fund investing and learn some more. For me,I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets,Up 200k so far and pretty sure I'm ready for whatever comes.
that's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well.
You can employ another adviser, but Mrs Marisol Cordova is my one who provides guidance. She has years of knowledge in the financial markets, and her approach has worked for me in the past, leading to my success. She offers points of entrance and exit for the securities I prioritize.
excellent share, just confirmed her page online after inputting her full name on my browser, she seems valid. very much appreciate it.
Right now, things appear odd. The US dollar is becoming less valuable due to inflation, but it is becoming more valuable when compared to other currencies and commodities such as gold and real estate. People are flocking to the dollar because they believe it is more secure. I'm concerned that rising inflation may cause my $420,000 in retirement savings to devalue. We don't have any other places to deposit our money.
There are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
Salvatore Fortunato Sofia is the advisor that oversees my portfolio. She's been able to gain some reputation and online recognition with over 3 decades in service, so it shouldn't be a hassle to find basic info.
@T: I play the real estate game because I understand inflation (dollar devaluation). I own (4) modest paid-for rentals and I am comfortably "retired" for that insight. Your $420K is well above median retirement savings and if you live to be 85 you may outlive your money. Remember that inflation averaged 4.5% year over year for the past 50 years (I'm 72 and I lived it). That means the prices of commodities double every 11 years and your savings will purchase half of what it does today. You need a 4.5% ROI just to break even. Note: The S&P returned about 8.5% year over year for the past 40 years. The FED counterfeits and bureaucrats spend those bogus dollars for profit and support and we are handed the inflation bill. Lastly. if the price of a commodity can be manipulated it will be. That is how politicians get rich. Good luck!
@@mcginnnavraj4201 ahahahahah! A wonderfully transparent attempt! Bs!
"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless." - Thomas Jefferson
We are well on our way
Profound ! 🤓.
True ! 😢
What a pity that the American People were absolutely 💯 warned, and a Constitution put in place that is each individuals duty to maintain...and yet, they haven't.
Yes! This is why we my kids know REAL History, not what the public schools teach!
As an lnvesting enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or diversify ?
Safest approach is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert
How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
Buy Gold
Move to Bali and save cash.
Thank you for this video. You've been nothing but a source of encouragement to me. I'm still afraid of making fatal money mistakes and going broke again however. I'm in my 30s and I'm open for some advice.
Earn more than you spend. Saves you a lot of worries
I am 61 single no kids, I had an advisor that had me living on only Soc Sec and Pension whole she had my IRA Grow to $2 Million and I thought WHY wud I want to eat gruel like scrooge w $2 million in the bank! I want to Travel a0nd enjoy Retirement I worked hard for this money!
@@Andrian-ch3on What is the name of this advlsor that grew your IRA to $2million? It is seems like they have it all figured out. How is her fee? I could really use her services.
@@AndrianWiener She's Michelle Christine Parker. You could start by looking her up
Diversify, be a bit sceptic on saving money because inflation. Rather buy assets
It’s such a blessing that my husband and I aren’t just married, but we’re also each other’s best strategic partner in business. I’m great at what he lacks, he’s great at what I lack and we have an Adviser to work with. Praise God!! And thank you for the awesome content!
You have done great for yourselves. I understand the fact that tomorrow isn't promised to anyone, but investing today is a hard thing to do for me now. Especially getting a proficient advisor to work with because I have no idea of how and where to invest in. I would be happy if you could advise me based on how you went about yours.
That is so amazing, I’m trying to get LLC at 40. I wish at 55 I will be testifying to similar success with my partner.
The only way I was able to scale through all of this without stress was by working with a financial adviser. My adviser *STEPHANIE KOPP MEEKS* has always had my back all through the process of property investment and investing in general. You can glance her name up on the internet and verify her yourself. She has years of financial market experience.
Okay, Thx.
I found her web page
Thanks for sharing this financial insight. I currently make 106k/yr. No home or Investment and I work from home. I need to do something quick or else I’m going to be paying a lot to the IRS come tax season.
The sad truth is that this is a Global recession, and it might end up being a part of us for a very long time. With inflation currently at about 9%, my primary concern is how to maximize my personal & retirement savings of about $780k which has been sitting duck since forever with zero to no gains. What is the safest investment to make now?
I'd advice you read up some good books on finances and investing, or just you get yourself a financiaI-advsor that can provide you with entry and exit points on the shares/ETF you focus on.
@bezosjesss I agree, having a portfoIio-advisor for investing is genius! Not long ago amidst the pandemic crash in March 2020, I was really having investing nightmare prior touching base with a license portfolio-advisor. In a nutshell, i've accrued over $620k with the help of my advisor from an initial $118k investment thus far.
@albatkobe HEATHER LEE LARIONI guides me. She works with Empower FinanciaI services. But there are a lot of independent advisors you might look into. For me, her strategy works hence my result. She provides entry and exit point for the securities I focus on
Bitcoin
Buy cow dung futures in the commoditie market.
Several of the biggest market experts have been voicing their opinions on exactly how awful they think the next downturn would be, and how far equities may have to go, as recession draws closer and inflation continues well above the Fed's 2% objective. I'm trying to build a portfolio of at least $850k by the time I'm 60, therefore I need suggestions on what investments to make.
There are many other interesting stocks in many industries that you might follow. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell the shares or ETFs you want to acquire.
Mind if I ask you recommend this particular professional you use their service? i have quite a lot of marketing problems.
Invest in oil bud, it’s not going away and it’s becoming more expensive
Bitcoin
food..
We are already in the big crash, Recession is a catastrophe. This CPI report is a colossal failure. To bring the housing market to a halt, the FED will have to pull all the stops. The unfortunate issue is that other markets are being decimated. If you want to stay green, you have to rely on a lot of diversification. Currently up 14% and being careful. Still a better deal than leaving it in a savings or checking account yielding 0-1 percent interest.
People believe their currency has the worth it does because they have no other option. Even in a hyper-inflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.
Indeed, you are correct! But on the advantageous aspect, economic downturns offer numerous prospects for ordinary individuals to create wealth from the ground up. Nevertheless, seeking guidance from an investment planner might be necessary if you desire a more assertive return.
In the world of finance, rece-ssions are prime opportunities for wealth creation. When my port-folio suffered a significant loss in April of last year, I realized the need to enlist the expertise of a financial consultant. With her guidance, I have not only recovered from my losses but also generated a profit of 250k. The knowledge and skills I have acquired through this experience have been inval-uable in my journey towards financial success.
@@joshbarney114 I've been thinking of going that route been holding on to a bunch of stocks that keeps tanking and I don't know if to keep holding or just dump them, do think your Inv-coach could guide me with portfolio-restructuring as i wouldn’t mind a recommendation.
@@FabioOdelega876 I've shuffled through a few advisors in the past, and Colleen Janie Towe” remains the most resourceful thus far. Her strategy proves profitable, and sustainable both in a bull & bear market. Most likely, her deets can be found on the net, so you can confirm yourself.
Thank you so much for forewarning us about how bleak the future of our economy will become. This government has made life more difficult for its residents. We have seen so much increases across the board. Food, rent and utility ills are at least twice as high as a year and a half ago. It is evident that we are on the verge of hyperinflation, with the less haves bearing the brunt of the burden. I'm concerned that the rising inflation may lead my entire retirement funds to lose value. Where else could we put our cash?
Consider finding a mentor, in my opinion. I'm not sure where you can find one with experience, but if you only have a basic understanding of the market, it seems like a safe choice.
@tommymyershoffman Really? I’ve actually been looking to switch to an advisor for a while now. Just never made up my mind. Any help pointing me to who your advisor is?
@tommymyershoffman Thanks a lot for sharing man, I just looked Heather Lee Larioni up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
Government it's the boomers and rich who voted for this 💩
If the WEF has its way, your cash will be useless.
I was raised by my Grandparents who grew up during the Great Depression. They taught me their ways today I am so glad they did. My Grandad said Greed would destroy the world the rich can’t get rich enough they will always want more and more there is no end to it. He said he felt sorry for us younger generations. He’s gone now but man he couldn’t have been more right!
I feel my parents and grandparents are gone from me too but they continue on. I believe life is a cycle so they could be experiencing the world again.
Be wise
Excellent interview, Tom, when a guy like Raoul is on, take a back seat, listen more, you cut him off too much!
He just can't shut up.
I would be happy if he or his team would bother to remove all the bots talking together in this thread. It may be obvious to most that they are bots, but every now and then a naive person will fall into their trap.
@@user-rm4tv3nk2h I agree! But I'm not a bot. I just think He interrupts as much as Robert kiyosaki.
@@JWFitness1 I agree, but he has a responsibility to ensure that many millions of viewers understand what the various terms and expressions mean, therefore he plays naive and interrupts. You can clearly sense that Tom actually understands what he is asking about. You and I and others who understand the subject more deeply may well find it annoying. So I understand your point. Where it's really good that he interrupts him is when he talks about cryptocurrency and tries to talk it up, because it's clear that he has money invested in crypto and wants to see people buy it so he can sell high . I like crypto, but you have to be very careful because of the volatility. Right now BTC is valued very high because Binance stopped listing XMR, but it will probably drop again soon. I liked that he compared buying crypto to gambling his fortune in Las Vegas. So I actually understand you very well. Sorry I didn't make it clear, but I don't think you're a bot. Fortunately, you can still see if it is a "real" person who writes something, but it will be very difficult in the future.
Things are strange right now. The US dollar is becoming less valuable because of inflation, but it's getting stronger compared to other currencies and things like gold and property. People are turning to the dollar because they think it's safer. I'm worried about my retirement savings of about $420,000 losing value because of high inflation. Where else can we keep our money?
Personally, I would say have a mentor. Not sure where you will get an experience one, but if your knowledge of the market is limited, it seems like a good bet.
Well I recommend you make a diversification plan because it's been harder to build a good financial portfolio since COVID. My colleague suggested I hire an advisor, and I've actually made over $120K with their help during this market crash. They used defensive strategies to protect my portfolio and make profits despite the ups and downs.
@@theresahv I'm intrigued by your experience. Could you possibly recommend a trustworthy advisor you've consulted with?
@@berkrix4312 My consultant is Julie Anne Hoover I found her on a CNBC interview where she was featured and reached out to her afterwards. she has since provided entry and exit points on the securities I focus on. I basically follow her trade pattern and haven’t regretted doing so
Put 50K on Bitcoin
Asking a real estate agent whether you should buy a home right now is like to asking an alcoholic whether they think you should have a drink lol. Homes in my neighborhood that cost around $450k in sales in 2019 are now going for $800 to $950k. Every seller in my neighborhood is currently making a $350k profit. Simply unreal. In all honesty, deflation is what we require. The only other option is for many people to go bankrupt, which would also be bad for the economy. That is the only way to return to normal.
I understand how you feel. When I started working with Laurel Dell Sroufe, a fiduciary financial counselor, I experienced clear benefits. In similar situations, I always recommend seeking professional assistance. They can guide you through volatile markets, provide valuable insights, and help you make informed decisions about entering and exiting the market.
@@TomD226 Please how can i find the lady you mentioned?
@lowcostfresh2266 Cant divulge much, her name is Laurel Dell Sroufe, most likely, the internet is where to find her basic info, kindly research.
@@TomD226Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
I’m not selling my rentals. Buy and hold is ideal. Locking in long term debt with B level properties in resilient markets is key. I’ll keep buying 30% below market.
I have been thinking just what you have been trying to explain here, but i am not an economist. My common sense has been telling me that we have been defying economic gravity far longer than allowed. Non of the present situation makes anymore sense to me. Every time one expects a correction, printing, or creating free money seems to just pop up again, spending booms, new cars and houses are bought, lifestyle goes on the bling along with expensive overseas trips and no one gets poor or goes hungry.?? Mean while one is told ecomomies are in trouble.?.. well in my world it certainly doesn't appear so.? I keep saving and staying debt free. Using an interest rate of now. 11.75% to make my money grow. I live well below my income and save well above my budget for years and sit back and watch this amazing unexplained space unfold...I think you have now explained it. We living in a world of artificial growth. We not going to have that recession?? Long may it last.😊
I watch and listen to RP a lot, but this was a truly engaged discussion. I enjoyed watching this SO MUCH! Thank you 🙏
A weak dollar can signal an economic downturn, making me to ponder on what are the best possible ways to hedge against inflation, and I've overheard people say inflation is a money-eater thus worried about my savings around $200k
I used to think every investor lose out during recession, meanwhile some make millions. I also thought everybody went out of business during the Great Depression, but some went into business. Bottom line, there's always depression for some, and profit for others, it all starts from having the right mindset. That said, I've set asides $250k to invest for future, unfortunately I'm a complete noob.
I fully agree; I'm 60 years old and recently retired with approximately 1.2 million in outside retirement funds, no debt, and very few dollars in retirement funds in comparison to my portfolio balance over the last three years. To be honest, the financial advisor's role can only be ignored, not dismissed. Therefore do your research to get a reputable one.
who is your coach if you don’t mind me asking.. heard a bit about coaching where investments are done in personal trading account with the help of a license advisor, is this right?
Absolutely, Deborah Jean Dykstra is my portfolio coach, and my trading account basically mirrors that of hers, it's quite transparent and automated, so I don't have to be active during trades. You can vet her if you like.
Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
Inflation has more immediate effect on people's level of living than a crash in the stock or real estate markets. It should come as no surprise that the market is currently so pessimistic. We must receive help immediately if we are to survive in this economy. Like the housing market, the ETF and stock markets continue to be highly volatile. My $370,000 portfolio is now nothing but ruins.
Many people are still getting fantastic returns on their investments during this time. Simply maintain a strong sense of reality or ask for professional assistance.
You will need a reliable FA to help you through the current market turmoil. I've been talking to an advisor for a while now, mostly because I lack the knowledge and energy to deal with these ongoing market conditions. I made more than $320K during this slump, demonstrating that there are more aspects of the market than the average individual is aware of. Having a Financial consultant is now the best line of action, especially for those who are close to retiring.
@@graceocean8323 That does make a lot of sense, good for you though, unlike us, you seem to have the Market figured out. Who is this consultant?
@@mcginnnavraj4201 I've spared myself the hassle that a disorderly market brings. Because of my line of work, I am unable to manage my portfolio, so I simply mimic the trades of SALVATORE FORTUNATO SOFIA, a Financial consultant I watched on Bloomberg Business News. These days, the best approach to enter the market is through reading, researching, being patient, and getting advice when necessary. After that, everything went smoothly.
definitely not a scam. nope, no scamming here, im just gonna trust a claim from a randoom a youtube comment with no evidence or sources to back this up. Anecdotal evidence is trustworthy. It certainly is! no scam here no-sir-ee
Fantastic 2,5 hours spent listening to u guys,loved every second of it.Bless u guys
wow that interview was fantastic !!!thank you
Raul finally gets visibly annoyed with the interruptions at 44:20 ...and I don't blame him.
This is one of the best discussions I have ever watched on CZcams. Thank You Guys
Absolutely great guest. Raoul explains everything in the simplest terms, so easy to understand. Interesting enough that I know I will listen again. Usually I listen to many financial podcasts twice to grasp the information a bit better but this one, to listen a second time, will be to reinforce. Plus, everything he said made sense.
Same here
Raoul Pal is the GOAT. Always appreciate hearing his perspectives. 👏🏾👏🏾
Raoul is so good at explaining complex concepts by using metaphors and simple words! Really appreciate it.
Too bad Tom interrupts whenever Raoul is going to get into the juicy bits
Hi Lilia,
Thanks for your comment! It sounds like you've enjoyed the interview and were able to learn from Raoul! What was your biggest takeaway from the interview?
Hope you have a wonderful day!
Best,
Impact Theory Community Manager
I don’t even think he’s even read the bitcoin whitepaper
@@Charles-hy2ek Exactly! It was really frustrating
@@Charles-hy2ek nah i like toms interview style, cant just passively accept everything being said and ask zero questions if you are unsure/do not agree. Raoul is very knowledgeable doesnt mean he's right about everything nor should you just agree with everything he says. These kinds of interjections can lead to greater thinking in the moment if it's genuinely related around breaking down the topic to a more fundamental understanding.
It was a very bad decision to remove the Glass-Steagall Act in the late 1990s, which led to the spectacular failure of huge banks during the financial crisis of 2007-2008. To prevent another disaster, Dodd-Frank and this statute both need to be reestablished right away. What happened with SVB is only the beginning of what will happen if nothing is done to address the current situation.
In my opinion, SVB was attempting to restructure their bond portfolio, which involved selling their low-yielding bonds despite the potential loss, and compensating for it by buying higher-interest-rate bonds on the open market.
Only a good FA will be enough to guide you through the current market volatility. I've been speaking with an advisor for a while now, primarily because I don't have the necessary expertise or stamina to handle these recurrent market conditions. The fact that I made over $220K during this downturn proved that there is more to the market than the typical person is aware of. The greatest course of action right now is to have an investing consultant, especially for people who are nearing retirement.
My Financial Advisor is TRACY BRITT COOL. I found her on a CNBC interview where she was featured and reached out to her afterwards. She has since provide entry and exit points on the securities I focus on. You can run a quick online research with her name if you care for supervision. I basically follow her market moves and haven't regretted doing so..
@Kimberlyu Wbaker Tracy Britt Cool is known for her impressive career. She has served as the CEO of Berkshire Hathaway-owned Pampered Chef and has been recognized as one of Warren Buffett's protégés.
a google search with the keywords "TRACY BRITT COOL FINANCE" should get you what you need
Happy New Year to you too Brother & thank you for all you do for the space, looking forward to more content from you.
the best talk i have seen, and i have seen 10000s. THANK YOU GUYS
According to certain economists, it's possible that the U.S. and certain parts of Europe might experience a recession at some point in 2023. Although a global recession, which is characterized by a decline in annual global per capita income, is relatively uncommon due to the faster growth rates of emerging markets like China, in comparison to developed economies. I have pulled out more than $340k from my bank. After all, the FDIC covers only up to $250,000, and the implosion could have bad effect. Looking to invest into the stock market now. Does anyone know how I could go about it?
Currently, my primary worry is how to increase revenue during periods of quantitative easing. I cannot afford to witness my savings dwindle away.
It's a delicate season now, so you can do little or nothing on your own. Hence I’ll suggest you get yourself a financial expert that can provide you with valuable financial information and assistance.
How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings, IRA and 401k accounts.
My financial advisor, "Eileen Ruth Sparks", is a highly qualified and experienced professional in the financial market. She possesses a broad understanding of portfolio diversification and is recognized as an expert in this field.
Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.
Every tiny habit, repeated regularly, over time, will change your life. It is like taking tiny steps up a tall mountain. Sprint and you’ll collapse. But take each step without losing your breath, and incredible new vistas will open up to you. Each vista is anchored in the previous one, like Sherpa stations in the Himalayas. And at each level, a wealth of celebration is waiting for you.
All you need to do is be kind to yourself from here on out. Take things one step at a time, and remember to celebrate each one.
This is one of the most meaningful pod casts I've heard in a long time.
Invaluable Gareth - Sincere thank you!! Your A-Game is on!! Your time and insights and learnings are very much appreciated
Crazy to see how much Tom has internalized all these economic lessons in the past few years. You can just tell by the high level questions he is asking and pushing back on. Compared to the 2021 videos that got me started where I saw Tom as just the facilitator of the conversation, to now he is bringing out the best of the speakers
He should push back even harder. Raoul talks in circles and uses fancy buzzwords to make himself sound smart. “Metcalfs law is the number of nodes” is an idiotic statement.
Tom has evolved both intellectually AND emotionally. I've noticed his maturation, too. My guess is that he has vastly increased his Consciousness, by acknowledging more of his unconscious.
This ought to be everyone's goal in life. I truly have respect for Tom. ❤😊
Dead nuts correct
Agree 100% that Tom is making a lot of sense from what Raoul is saying using ambiguous words. Big respect to him!
Yeah, like what is G7?? 🎉 Super high level.....This guy knows as much about economics as I do about how they make diapers.
This recession is most likely the result of an external factor. For the first time in decades, the United States is losing its clout as a federal reserve currency. They don't have any more economies to use to control inflation, and less money is being spent on stock and oil trading than in the past. They all lend support to the idea that a new multilateral world order is in the works.
With the assistance of an investment advisor, I was able to diversify my $401k portfolio across multiple markets, earning over $980k in net profit from high dividend yielding stocks, ETFs, and bonds in just a few short months.
@@africanboi4542 Would you mind recommending a specialist with a variety of investment options? This is extremely rare, and I eagerly await your response.
@@lucianoboccedi My trustworthy advisor, Eleanor Annette Eckhaus, works for a fee only. She actually offers free consultations and always has the interests of her clients at heart. She and I have been colleagues ever since I turned 40. She is a busy woman, but if you can catch her attention, she might be able to help.
@@africanboi4542 Thanks for sharing, just looked up on google and I'm super impressed with her credentials. I dropped an email on her webpage and hope she replies soon
Can you give citations on your info?? I think it is wrong and I want to see who you are gathering info from
The Metcalfe’s Law discussion was interesting! Mainly because some ppl are just as lost to what it is as Tom once was. In short it has nothing to do with the future other than explaining why the future value will rise with network participation. It’s the current financial value (and or influence) of a system strongly considering its current number of users. It’s not about hype. It doesn’t say that network is valuable because ppl will flock to it, it values the network by who is currently using it.
This is brilliant, Tom, the way you explain counterfeit money versus the currency was absolutely thank you
Thank you so much Tom, Lisa & IT team. As always one of the most eye opening conversations I’ve watched. Please please keep circling around ideas until you grasp them because I’m definitely circling with you at the same time. 💗💗🙏🏻🙏🏻
For the first time in decades, america is losing its clout as a federal reserve currency. They don't have any more economies to use to control inflation, and less money is being spent on stock and oil trading than in the past. They all lend support to the idea that a new multilateral world order is in the works.. How can I profit from the current volatile market, I'm still at a crossroads deciding if to liquidate my $125k bond/stocck portfolio.
The market is volatile at this time, hence i will suggest you get yourself a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.
@@jamescryptoguru-md9nv very true, I started investing before the pandemic and that same year I pulled a profit of about $600k with no prior investing experience, basically all I was doing was seeking guidance from a financial-advisorr, you can be passively involved with the aid of a professional.
@@SkylaRobinson-tt4zu wow ,that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio.
@@ElianaTaylor-wx9gk *SOFIA ERAILDA SEMA*
@@ElianaTaylor-wx9gk That's my licensed Financial advisor you can easily look her up, Thank me later!
❤ I could listen to you pair going on for days, bloody good interview 👍
I was so happy Tom dialed back the ads, then realized this is from a year ago
Tom your videos always pop up without me clicking on them, but they’re always so informative. Thank you so much for always addressing topics we need to be aware of ❤
I really appreciated this video, as a medium-term *VRI TOKEN* holder. I know you commented on not many people paying attention to this, but it was very relevant for holders such as myself. After watching your thoughts, I willbuy more. I also remember your earlier assessment. This will crush the market.
Raoul Pal,u are a mastermind simply put.
Tom u are brilliant and keep up the great work.❤
This interview along with PBD's interview were 2 of the most stimulating and informative that Ive heard in so long. Its hard to have to see Tom B's "serious" face when rebutted or if he doesn't agree with the interviewed, but these guys have been awesome.
I'm a boomer. You just explained why I received minimum wage as I entered the workforce with a 4 year college degree in a science from a very competitive university.
I made modest gains through my 34 year career. About when I left my [very stressful] career, I found out that new hires with less experience and less education were getting paid more on their first day.
Yes, but their house and car are more unaffordable than yours were. Because boomers inflated the prices 😊
Love these monthly 2,5 hours with Raoul. Absolutely incredible content 👍
YES
🌹
I wish 2.5 hours at work went by this fast or was even half this interesting.
Dear Tom…Third time watching/jisteningto this lecture/interview and I finally had my eureka moment with two thoughts …which finally came through…
Regarding Bitcoin, it’s value helping all three groups, (the poor, the middle class and the rich), ie, (enablement. Work ethic, and greed) individually applied to the three groups) keep up your unique style with summarizing question…AS
Top notch conversation. 👏 👏 👏.
I am loving this, probably 1 of THE best podcasts I have listened to on Finance and Investing for a long time...great content. I wish I had found out about Raoul Pal a long time ago
How does one leave out the removal of the gold backing in thier analysis of 70's inflation causes???
Diamond content, thank you, guys!!!
Appreciate all you guys do 🦃
I like the interviews so much better now that you are on your own. It’s an authentic conversation with the intent to educate us.
Raul had tons of patience!
Lol, that's a polite way to put it!
@@jimdandy8996 lol… hate to be mean
Thank you for an amazing and enlightening discussion, Raoul Pal, a wealth of knowledge and wisdom, giving so generously, thank you both
@2:25:00 is one of the most profound discussions on the show. Raoul is spot on that its the protect the system and not for the people.
Great conversation. Good push back to get the understanding clear. Helping all of us.
Loving the last few guests’ takes and episodes focusing on global Econ & fin-tech, Tom! Top tier content and discussions 🎉
I'm not kidding when I say that the market crash and high inflation have me really stressed out and worried about retirement. I've been in the red for a while now and although people say these crisis has it perks, I'm losing my mind but I get it. Investing is a long-term game. It's just hard to focus on the long term playbook when I'm already in a massive loss.
Stay strong, the "S/P 500 grows 10% on average per year" is just that.... an average. So itll be -20% some years +30% the next.
I for one I'm not happy about the inflation anymore: Central Banks with the U.S. Federal Reserve should be held accountable. It suprises me when I hear people say they're in profit even when the entire stock market index has lost over 20%. And I'm moved to ask, what do people do?
I have some experience with investing, the smartest move is finding a financial advisro with the right skills and exposure in your area of interst (stock). I have made a lot of money with that this year.
I've thought about finding an adviser but've been quite unsure if it was the right step for a noob. with this, I'm more convinced and I think I'm a step closer towards finding an one. my next problem now is, how do I reahc one.... I see some on CNBC but I don't know them that mch... Do you mind if I asked the particular adviser assisting you?
You may Know
Michelle Christine Parker but If you don't you may do some looking up and thank me later. She's been my adviser for the most part and it's been a smooth ride.
You Nailed ✅ This One
Dude, one of the best interviews I've ever watched.....sharing it with the whole family.
Hi Lorene,
Thank you for your support!
One of the best interviews you've ever watched??? That's amazing!
We've done other videos with Raoul in the past and other amazing people like Ray Dalio. You may be interested in those too!
Have a wonderful Friday!
Best,
Impact Theory Community Manager
As did I. Great intro for daughter (college freshman) who’s fearing for her economic future and asking related questions
@@TomBilyeuTell Tom to STOP INTERRUPTING HIS GUESTS!
@@TomBilyeu
Tom, they are putting in place a younger guy in 2024. It's an indian dude - Vivek Ramawasmy. They seem to be replacing loads of political heads and ppl in politics with indians. Look at Scotland, Ireland, uk, sg, australia, etc....the last one in 2024 would be vivek. It's all under the British aka Anglo-sxxxx. So I guessed you have a rough idea who's up there planning the chess board.
This was a fantastic conversation; I like how Tom is diligent about understanding concepts, how Raoul can explain models and laws simply. It's not often you see people clarify or push back against Raoul which was also refreshing.
Great Depression Cooking - The Poorman's Meal...
Millions of CZcams Hits on how our grandparents survived the American Great Depression... from preparing food with scraps to how to do it yourself repairs at home. Skills that are going to be in high demand, SEWING AND KNITTING... OLD FASHIONED TYPEWRITTING, PREPARING FOODS ON A BUDGET
Very informative interview. Thank you very much!
Its been 12 years since the last time I took a vacation, taken my family to a restaurant or buy myself and others gifts from the mall. I work, go home and pay my bills. The most money I spend is gas for my car, utility bills, rent and groceries. Whatever pennies I have in my pocket end up collecting dust until nexts months bills.
I watched the Four Horsemen documentary, sent to me by a professor from St Olaf, and I have not been the same! Our finance sector is massively corrupt and they don’t want to lose control.
So crazy, so if i put all my money in the s and p, they print money, stock goes up, so my money even if it looks like a made 50k , still holds the same value, but then i pull it out, but instead of having the same value of money in my pocket, i don't because then the government takes half of it. And in reality it isn't even close to being "profit" and the only reason i had to pay anything out is because the government printing money, so all my time and hours spent working was devalued. Seriously, everywhere you look it is just a rip off. There is no true way to get wealthy. All your money you earn is just continuously getting devalued and any way you try and combat it is robbed by the government. What an absolute joke. So if i put money in cd all the actual profits above fighting inflation is taken away by the government. I'm sick and tired of this crap. The longer the years go by the less and less we get, and the more and more we have to work. The system is designed to keep us fu#%%"^.
When did Tom become a macro economist? I'd prefer to just here Raoul's opinion on this.
Or at least let him finish his thought process.
Raoul isn't a macro economist either
@@penderyn8794 You're right. However, he has been a macro investor for over 25 years. So I'd much rather here what he has to say.
@@ArunaHeather my god I was looking for this comment. I thought it couldn’t be just me.
tom does that all the time.
At 34 years old I finally feel ready to settle down long enough to buy a house. Unfortunately due to previous horrible stupid life decisions, I'm forced to start with a zero balance in my savings account. On the bright side, the huge amount of debt - consequence of those bad decisions will be payed off next month,It's never too late to start saving like there's no tomorrow, and I'm really REALLY excited and motivated. Oh and Graham, fyi my emergency fund is also a done deal! by *VRI TOKEN* lol, i didn't made it myself
Excellent, intelligent discussion - thank you!
Saving these videos to watch it in 5 years
This explains a wee bit why after moving myself from working class (growing up) to middle class (University sucess) and after nearly two decades of nursing. Finding myself currently returning reluctantly to working class measures all the while still doing the most rewarding and richest of professions.
Thankyou for this.
💜
This is the most important problem that we need to discuss today. Not climate change, not racism, or any other talk of the town in the View.
I hear you.
I really love how this guy is thinking! Simple and concise!
48:33 in fairness it was neither the baby boomer generation nor their parents, but the powerful, likely nameable, individuals in high places who insisted on war.
This conversation is so precise, in my opinion, except for this point.
Sure. the problems of the people mostly begin and end with the people... But there's no ignoring the power leadership has over the masses. Never underestimate individuals with influence.
Agreed and it's far worse malevolence than most people can comprehend
Facts!!!
i think a lot of the problems are based on economies going through boom and bust cycles and major depressions. the world was falling apart in the early 1900s with all the revolutions going on and it was at a complete melting point when we ran into ww1. they print the shit out of the money for ww1 and it booms into roaring 20s and then great depression which started the leadup to ww2. were starting to see the world fall apart again. i dont think wars cause the problems but i think its the natural flaws in capitalism and the only way out before were wars and money printing…kick the can.
And which generations voted those actors into power?
@@howardroark82 keyword there being 'actors'. Only the individuals who took the actions should be held accountable for them.
There's probably many doctorates worth of information to be combed through when it comes to the discrepancies between what a politician will say to get votes versus what they do after they've gotten them.
I will not hold a voting populous responsible for the commonplace deceitful manipulation leveled at them by their leadership... Who would much prefer we blame each other for it anyways.
Stalin was responsible for the holodomor.
Not the millions it killed.
No one voted for the Armenian genocide.
Democide and it's fallout should be easily condemned and acknowledged by every citizen of the world, is my broader point.
Most people don't even know the term and I believe it's to our shared detriment.
Yea Navy federal gave me a really high limit. I applied and was denied at first so I got a *VRI TOKEN* , and I was approved for a capital one. The limit was so small lol but I took it and worked on it. Because if that it helped my credit and I believe that’s what made me finally get approved for navy fed with such a high limit. they're still working on increasing the capital one since it was so low. All in all I’m satisfied.
Metcalfe's law is basically if there are lots of people interconnected by a network, with appropriate/compatible hardware and software to facilitate this interconnectivity, the value of the network increases (squared). This makes sense because it takes a lot of effort to establish a network and build trust and adoption, and takes less effort to keep it running and keep the users/nodes engaged.
Please do a video on the documentary, The Great Taking.
Great conversation and great job asking challenging questions to pull great info from RP. Thank you I learned a lot here 🙏
Tom please don't interrupt Raoul .
Enter Richard Wolff:
czcams.com/video/o0Bi-q89j5Y/video.html
Thank you!!!! Every time he started getting into his point, Tom cut him off. Annoying.
Raoul = Professor, Tom = First year Student
I love it ,great content Tom, more please
Tom, this conversation is invaluable thank you!
This is definitely in my top 3 interviews you've done. Excellent!
this is the bees knees. love hearing raoul get hard questions and thinking about the answers. very productive convo boys.
Love free energy and sharing our gifts and talents is all we need here!!!
Money gold silver are all illusions of value!!!....we the people are the value
Tom...you are wise beyond your years. You are humble and your instincts are right on. You follow your heart (the truth) and that's crucial. Thank you.
Rauol Paul shines so much wisdom not seen by so many others. It is a gift to have him speak and to hear him speak.
Second time listening to this. One excellent discussion on common sense and explaintion on all the money madness going on in the world.
I know why. When a manufacturer makes a beer for 25 cents they sell it to the distributor for 50 cents and they sell it to the bar for 1 dollar and they sell it to the customer for 2. All products do this it’s called keystone times 2. Now make the item money same thing. Feds loan to gov 3.5 gov loads to banks 7% banks load to people 14% cc loan at 28% loan sharks 50%. The further you get from the source the more it costs that’s why a beer cost 12 in the super-dome. The result is that only the feds winning and International Monetary Fund etc but why so they always own everything. If there’s only 100 dollars to go around there will never be enough to pay the interest but that’s why they print more money. I figured it out like I do other stuff 🎉
*VRI TOKEN* as well. ETH heavier DCA and ALGO. I'm taking your advice and starting Google tomorrow with a 50 dollar purchase and continuing Microsoft and Apple. VTI and VOO on another app and longterm portfolio. Here we go family!