Be Careful what You "Know"
Are we Really in a "Bubble"? Take 30 mins to Watch This Weekend:
It was a rough week for markets, and tech stocks especially. Bitcoin held up quite well.
Is this “the top”? Should you “panic”?
What if money supply inflation (buying power dilution) was running at 9% since the financial system was changed in 2008? What if you adjusted ALL the Dow, Nasdaq and S&P charts for that? Would they still look “unsustainable high” or quite normal, or even in bargain territory? And what about Crypto like Bitcoin?
Do what Changa does. Make a cup of your favorite steaming beverage and settle in.
Do NOT let your caveman Amygdala hijack your financial life.
Take 30 mins to WATCH THIS. You’ll be glad you did.
Bonus: Additional perspective. Raoul Pal vs Peter Schiff:
I think Raoul is right: "We actually don't disagree that everyone is getting screwed with 15% per year money printing. But what matters is HOW you're getting screwed and which assets will keep you ahead of the monetary debasement in a way that increases wealth."
https://youtu.be/Nzo6DMuZkOo?si=WtpZqXL_zvt2fzIK
Yes! You can learn to FLY
https://youtu.be/_YkhQCXtbBA?si=qQRURINQs8qwNclf