Om episode
In this episode Sal, Adam & Justin speak with economist Peter Linneman about whether the economy is doomed and how to navigate the financial uncertainty of 2021. How the money will eventually find a home. The impact of the Fed injecting money into the economy. (4:48) Why inflation is one of the most misunderstood ideas. (10:00) Why asset price inflation is a wonderful thing when you own assets. (11:43) Has the Fed gone too far? What are the consequences of that? (18:30) Did we see inflation in the cost of rent? (25:30) Could we run into a shortage of places for people to live due to rent control? (34:08) Why he believes the world is in a race to devalue itself. (38:08) The importance of focusing on social fabric issues. (44:43) Isn’t the price of things going down a good thing? (48:35) The evolution of interest rates and the impact of expanding capacity. (53:34) His prediction for demand in the real estate market for the coming years. (1:01:30) The economics and impact of people buying up single-family homes to rent out. (1:10:11) His advice for the person living paycheck to paycheck investing for their future. (1:14:45) His opinion on Bitcoin and cryptocurrency. (1:18:28) Will the financial bubble burst? (1:20:40) What books does he recommend? (1:22:51) Related Links/Products Mentioned June Promotion: MAPS Prime, Prime Pro, and the Prime Bundle 50% off! **Promo code “JUNEPRIME” at checkout** Visit Legion Athletics for the exclusive offer for Mind Pump listeners! **Code “mindpump” at checkout** Mind Pump #1270: Peter Schiff On The Post COVID-19 Economy & How To Thrive Commercial Real Estate | United States | Linneman Associates Milton Friedman - Free To Choose (1980, PBS) Episodes 1-10 The Great Contraction, 1929-1933 Whip inflation now - Wikipedia Penn Medicine to Require All Health System Employees to Receive COVID-19 Vaccine The Linneman Letter | Linneman Associates Free to Choose: A Personal Statement The Rational Optimist: How Prosperity Evolves Factfulness: Ten Reasons We're Wrong About the World--and Why Things Are Better Than You Think Hans Rosling: 200 years in 4 minutes - BBC News Robinson Crusoe The Karla Trilogy Digital Collection Featuring George Smiley: Tinker, Tailor, Soldier, Spy, The Honourable Schoolboy, Smiley's People HumanProgress Milton Friedman - I, Pencil Mind Pump Podcast - YouTube