The Rich Dad Channel | Inflation & How We're Being Deceived – Tom Wheelwright & Ryan Bourne @TheRichDadChannel | Uploaded July 2024 | Updated October 2024, 1 hour ago.
Join Tom Wheelwright as he discovers whether business or the government is the root cause of inflation with guest and author of "The War on Prices" - Ryan Bourne. Ryan A. Bourne occupies the R. Evan Scharf Chair for the Public Understanding of Economics at the Cato Institute and is a columnist for The Times (UK). He has written on a variety of economic issues, including fiscal policy, inequality, price and wage controls, and infrastructure spending, and is the author of Economics in One Virus: An Introduction to Economic Reasoning through COVID-19. He has extensive broadcast and print media experience and has appeared on CNN, CNBC, BBC News, Sky News, and Fox Business Network.
In this episode, learn more about our macroeconomic policies and how they affect our microeconomic situations for ourselves and our business; and get a deeper look at the complexities of inflation so you can midigate its impact in the election and years to come.
Order Tom’s book, “The Win-Win Wealth Strategy: 7 Investments the Government Will Pay You to Make” at: winwinwealthstrategy.com
00:00 – Intro.
03:05 – Imbalance of supply & demand equals inflation.
06:48 – The Pandemic: What was the breaking point?
09:25 – The bigger story behind monetary policy.
11:39 – What kept inflation low during the financial crisis of 2008-2010? 14:24 – Does consumer spending impact inflation differently than investment spending?
17:17 – How do businesses combat the misinformtion and prejudice against small business?
23:17 – The future of taxes and its impact on the market, inflation, and economy.
Tom Wheelwright, #CPA is a Best-Selling Author, Entrepreneur & Worldwide Authority on Tax. wealthability.com/tom
***************************** Resources *****************************
Tom’s Book: Tax-Free Wealth taxfreewealthbook.com
Visit WealthAbility® wealthability.com
Sign up for Tom’s Free Weekly Report wealthability.com/getreport Schedule A Call With My Team wealthability.com/schedulecall
***************************** Social Media **************************** Facebook (Tom Wheelwright) facebook.com/Tom.Wheelwright.CPA
Facebook (WealthAbility®) facebook.com/4wealthability Twitter (WealthAbility®) twitter.com/WealthAbility
Instagram (WealthAbility®) instagram.com/wealthability_now Youtube (Tom Wheelwright) youtube.com/@TomWheelwrightCPA
Looking for more on Ryan Bourne?
Website: cato.org/people/ryan-bourne, cato.org/books/war-prices Books: “The War on Prices"
X / Twitter: twitter.com/MrRBourne Substack: ryanbourne.substack.com
DISCLAIMER: WealthAbility® does not provide tax, legal or accounting advice. The materials provided have been prepared for informational purposes only, and are not intended to provide tax, legal or accounting advice. The materials may or may not reflect the most current legislative or regulatory requirements or the requirements of specific industries or of states. These materials are not tax advice and are not intended or written to be used, and cannot be used, for purposes of avoiding tax penalties that may be imposed on any taxpayer. Readers should consult their own tax, legal and accounting advisors before applying the laws to their particular situations or engaging in any transaction.
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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.
Join Tom Wheelwright as he discovers whether business or the government is the root cause of inflation with guest and author of "The War on Prices" - Ryan Bourne. Ryan A. Bourne occupies the R. Evan Scharf Chair for the Public Understanding of Economics at the Cato Institute and is a columnist for The Times (UK). He has written on a variety of economic issues, including fiscal policy, inequality, price and wage controls, and infrastructure spending, and is the author of Economics in One Virus: An Introduction to Economic Reasoning through COVID-19. He has extensive broadcast and print media experience and has appeared on CNN, CNBC, BBC News, Sky News, and Fox Business Network.
In this episode, learn more about our macroeconomic policies and how they affect our microeconomic situations for ourselves and our business; and get a deeper look at the complexities of inflation so you can midigate its impact in the election and years to come.
Order Tom’s book, “The Win-Win Wealth Strategy: 7 Investments the Government Will Pay You to Make” at: winwinwealthstrategy.com
00:00 – Intro.
03:05 – Imbalance of supply & demand equals inflation.
06:48 – The Pandemic: What was the breaking point?
09:25 – The bigger story behind monetary policy.
11:39 – What kept inflation low during the financial crisis of 2008-2010? 14:24 – Does consumer spending impact inflation differently than investment spending?
17:17 – How do businesses combat the misinformtion and prejudice against small business?
23:17 – The future of taxes and its impact on the market, inflation, and economy.
Tom Wheelwright, #CPA is a Best-Selling Author, Entrepreneur & Worldwide Authority on Tax. wealthability.com/tom
***************************** Resources *****************************
Tom’s Book: Tax-Free Wealth taxfreewealthbook.com
Visit WealthAbility® wealthability.com
Sign up for Tom’s Free Weekly Report wealthability.com/getreport Schedule A Call With My Team wealthability.com/schedulecall
***************************** Social Media **************************** Facebook (Tom Wheelwright) facebook.com/Tom.Wheelwright.CPA
Facebook (WealthAbility®) facebook.com/4wealthability Twitter (WealthAbility®) twitter.com/WealthAbility
Instagram (WealthAbility®) instagram.com/wealthability_now Youtube (Tom Wheelwright) youtube.com/@TomWheelwrightCPA
Looking for more on Ryan Bourne?
Website: cato.org/people/ryan-bourne, cato.org/books/war-prices Books: “The War on Prices"
X / Twitter: twitter.com/MrRBourne Substack: ryanbourne.substack.com
DISCLAIMER: WealthAbility® does not provide tax, legal or accounting advice. The materials provided have been prepared for informational purposes only, and are not intended to provide tax, legal or accounting advice. The materials may or may not reflect the most current legislative or regulatory requirements or the requirements of specific industries or of states. These materials are not tax advice and are not intended or written to be used, and cannot be used, for purposes of avoiding tax penalties that may be imposed on any taxpayer. Readers should consult their own tax, legal and accounting advisors before applying the laws to their particular situations or engaging in any transaction.
-----
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.
