EPISODE · Nov 29, 2022 · 28 MIN
The Biggest Crash Has Already Started
from The Money Podcast · host Rob Moore
The biggest crash in history isn’t coming, it’s already here. Rob talks about when he believes the crash we are in now started, what a crash really is and means for most people as well as the tactics you need to learn and put into practice to not only survive, but thrive in this current climate. KEY TAKEAWAYS When it comes down to it, most individuals are concerned with their spending power and this influences their thoughts on the economy. We could be in a global crash, but you could be having a personal boom and vice versa. Essentially, inflation is increasing prices and reducing your spending power. The rich don’t hold money, they hold assets and you need to do the same. Money makes you poor, assets make you rich. The crash we are in now, began in the 1970s when the U.S. began to run out of money during the Vietnam war. Interest rates should have been increasing across the past few years but the bank of England kept them artificially low, which is amplifying the crisis we are seeing now. You need to learn to manage, make and multiply money as well as build up your asset portfolio, moving away from cash as much as possible. BEST MOMENTS “The biggest crash in history started in August 1971” “There’s a difference between YOUR economy and THE economy” “The more money goes down, the less spending power you have” “Money makes you poor, assets make you rich” “You’ve got to learn to make, manage and multiply money” VALUABLE RESOURCES http://rob.team bit.ly/Robsupporter https://robmoore.com/podbooks ABOUT THE HOST Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur” “If you don't risk anything, you risk everything” CONTACT METHOD Rob’s official website: https://robmoore.com/ Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs LinkedIn: https://uk.linkedin.com/in/robmoore1979
What this episode covers
The biggest crash in history isn’t coming, it’s already here. Rob talks about when he believes the crash we are in now started, what a crash really is and means for most people as well as the tactics you need to learn and put into practice to not only survive, but thrive in this current climate. KEY TAKEAWAYS When it comes down to it, most individuals are concerned with their spending power and this influences their thoughts on the economy. We could be in a global crash, but you could be having a personal boom and vice versa. Essentially, inflation is increasing prices and reducing your spending power. The rich don’t hold money, they hold assets and you need to do the same. Money makes you poor, assets make you rich. The crash we are in now, began in the 1970s when the U.S. began to run out of money during the Vietnam war. Interest rates should have been increasing across the past few years but the bank of England kept them artificially low, which is amplifying the crisis we are seeing now. You need to learn to manage, make and multiply money as well as build up your asset portfolio, moving away from cash as much as possible. BEST MOMENTS “The biggest crash in history started in August 1971” “There’s a difference between YOUR economy and THE economy” “The more money goes down, the less spending power you have” “Money makes you poor, assets make you rich” “You’ve got to learn to make, manage and multiply money” VALUABLE RESOURCES http://rob.team bit.ly/Robsupporter https://robmoore.com/podbooks ABOUT THE HOST Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur” “If you don't risk anything, you risk everything” CONTACT METHOD Rob’s official website: https://robmoore.com/ Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs LinkedIn: https://uk.linkedin.com/in/robmoore1979
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The Biggest Crash Has Already Started
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