How the Financial System is Stealing Your Future w/ Goose McGrath | #264
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Goose is BACK! And he’s not happy.
Why?
Well, if you’ve ever felt like the financial system is rigged against you, you’re not alone. And today we’re lifting the lid on just how broken the system is, and more importantly, what you need to do.
You see, now, more than ever, it’s simply impossible to save your way to wealth.
Imagine being able to save upwards of $60K a year and the properties in today's market are still running away from you. It's a crazy game where the rules keep changing, and the real problem? We're short on houses, and the money system is all out of whack!
The way banks lend money without sufficient reserves is a ticking time bomb.
In this episode of the Dashdot Insider, Goose pulls no punches in venting his frustration at our debt-based monetary system and its impact on property investing. Join us as Goose and Emil break down how this system creates an unfair scenario where the rich get richer simply by understanding and playing the game better.
And if you want strategies on how to secure your financial future in a system that’s set up to work against you, then keep watching ‘til the end.
Remember: in a world where the money game feels like a puzzle, being savvy about your investments is key to staying ahead.
If you love this episode, email us at podcast@dashdot.com.au, and don’t forget to subscribe, rate, and share this podcast!
See you on the inside!
In this episode, we cover:
- 00:00 Coming Up
- 04:13 Understanding Housing Affordability and Money Supply in Australia
- 10:28 Exploring Money Supply and Inflation in Australia
- 13:35 Impact of Inflation, Money Supply, and Purchasing Power
- 19:33 Money Devaluation from Government Money Creation
- 31:16 Population Growth, Housing Supply, and Inflation Effects
- 36:31 Real Estate Market Forces: Supply, Demand, and Prices
- 41:36 Importance of Investing in Hard Assets for Future Security
- 48:14 Australia's Economic System and Housing Market Overview
- 54:15 Overcoming the 15% Hurdle Rate with Real Estate and Debt
- 58:28 Pros and Cons of Property vs. Stocks for Investors
- 01:01:47 Real Estate and Bitcoin Investments: Managing Risk and Stability
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