474: America's Eventual Recession Reckoning with Richard Duncan

Will higher interest rates and inflation persist for a decade? An upcoming recession always seems to be perpetually just around the corner. Learn when it should finally happen. Macroeconomist Richard Duncan joins me. I tell you a funny story about when he was GRE's first-ever guest in 2014. Currency is now being destroyed—called Quantitative Tightening. Negatives for future asset prices: QT, higher rates, student loan debt repayment, stronger dollar, asset prices already inflated, high personal asset-to-income ratios, higher oil prices, looming government shutdown. Positives for future asset prices: monetary stimulus hangover, high employment, CHIPS and Science Act, Inflation Reduction Act, The AI Revolution, prospect of lower future inflation and interest rates.  Richard provides his opinion and insight on today's real estate market. If inflation-adjusted credit growth is less than 2%, expect a recession. If it goes negative, expect a depression. Get a 50% Discount on Richard Duncan's MacroWatch video newsletter. Use the code "GRE" at: RichardDuncanEconomics.com Resources mentioned: Show Notes: GetRichEducation.com/474 Get a 50% Discount on Richard Duncan's MacroWatch video newsletter. Use the code "GRE" at: RichardDuncanEconomics.com For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: [email protected] Invest with Freedom Family Investments. You get paid first: Text 'FAMILY' to 66866 Will you please leave a review for the show? I'd be grateful. Search "how to leave an Apple Podcasts review"  Top Properties & Providers: GREmarketplace.com GRE Free Investment Coaching: GREmarketplace.com/Coach Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— text 'GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Keith's personal Instagram: @keithweinhold