72 - You Don't Want a Stimulus Check
80% of Americans support another stimulus check but what they don’t realize is the longer term implications of that and how it will work against them, and our economy, in the long-term.
In this episode:
80% of Americans support another stimulus check [1:00]
35% of Americans are financially literate [3:00]
4 reasons you don’t want a stimulus check [3:30]
Stimulus bills are full of fat [6:30]
Don’t ask broke people for money! [10:30]
Inflation is bad for everyone [16:30]
Money supply versus inflation [20:00]
Inflation’s path of destruction [24:00]
M2 Money Supply [28:00]
The downside of stimulus checks [32:00]
If you’d like to watch on YouTube, check out our video here: