An Update on The State of Play / News of the Money-World Ep #37
Inflation hitting new highs, Central Banks around the world still showing resolve to hike rates in light of a slowing worldwide economy. What's going on, and is there really anything to be concerned with? ... https://www.youtube.com/watch?v=oS6AWiDK7wE
In a world which is different now compared to before, should 'risky' now be considered 'safe'?
Check out full episode here: https://bit.ly/3UBor8e
#newsofthemoneyworld
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https://www.youtube.com/watch?v=y2I6tHdb0h4
2020 showed us that many investors could have safely ignored some basic fundamentals around investing – I’m not convinced that 2021 will let us off so easily.
Oliver Hartwich is my guest from the NZ Initiative, a pro-free-market public-policy think tank and business membership organisation in New Zealand.
2021 will be the first year after the biggest disruption my generation has ever witnessed – Investing post pandemic will be different to pre-pandemic – no longer can we ignore the risks of increasing debt levels, how new money is created, and the risks that long term inflation combined with low economic growth will bring. Modern monetary theory, a convenient way for governments to short-cut the need to actually increase productivity, will have massive long-term impacts. Everyday investors still have time to potentially take a position to benefit from this trend – failure to do so in fact, could put one on the wrong side of significant disruption ahead.
N.B: Shortly after recording this episode, it's worth noting to listeners that the website Newsroom, ran an expose on then NZ Initiative blog editor, Nathan Smith, which found him to have published racist and misogynistic views on his own personal blog.
Oliver has since described Smith's writings as "abhorrent" and the organisation is launching an independent investigation to ensure NZ Initiative material has not been compromised. For me personally, I welcome thoughts and ideas from a broad spectrum – it’s useful for creating thoughtful conversations and genuine insights as to how the world works – in fact one of NZ’s greatest strengths is diversity. Occasionally though, we have to make a call and say ‘no’ to hateful and ignorant comments from the far right. I’d do the same for actions and comments from the far left that endorse more control and restrict freedom of speech too. Diversity in thoughts should be cherished, but when you go too far, not much good ever comes of that.
https://www.newsroom.co.nz/think-tank-editor-runs-far-right-blog
https://www.rnz.co.nz/news/national/432662/new-zealand-initiative-to-investigate-content-after-staffer-s-resignation-over-extreme-views
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https://www.youtube.com/watch?v=KbBgUeDgQlY
The 'picks and shovels' approach to investing refers to a strategy where investments are made in the companies, tools, or services for an industry, rather than the product or service itself.
If the idea is to benefit from the industry's growth without being directly invested in the most obvious place.
#AI #newwealth
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https://www.youtube.com/watch?v=0phmmz_yAmw
Investing in a #bitcoin #spot #ETF may help even those already holding bitcoin directly. The #tax treatment can be different when holding bitcoin through funds, which may result in better treatment when rebalancing your portfolio.
#investing #portfolio
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https://www.youtube.com/watch?v=Clip4jE7nGY
'It's the same soup, but different spoons'.
Government and central banks create credit through complicated 'shell games' most of us don't understand.
It creates a distorted view of property and share markets.
Check out full episode here: https://bit.ly/3yn6JOA
#newsofthemoneyworld
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https://www.youtube.com/watch?v=svY-k_X94X4
Bitcoin, if it remains decentralised and secure, could serve as a transition mechanism to a new world where prices fall to the marginal cost of production. This means that, over time, the value of bitcoin would rise against all other goods and services.
#deflation #abundance
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https://www.youtube.com/watch?v=zgfxVodPpsE
In the coming years, there's a non-zero chance we may witness a significant financial event known as a 'currency reset'. This reset could potentially involve a 'debt jubilee,' where outstanding debts are forgiven, and a shift to a new global financial system takes place. This presents a unique opportunity for those who are prepared. In this episode, we'll cover some ways to get wealthy during a currency reset, but remember, this isn't financial advice.
Clive Thompson is a retired private banker and wealth manager based in Switzerland.
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https://www.youtube.com/watch?v=nePxGj0eBrM