Episodes
Jan. 10, 2024
Conservative vs. Liberal Comparison
Conservative vs Liberal If a conservative doesn't like guns, they don't buy one. If a liberal doesn't like guns, they want all guns outlawed. If a conservative is a vegetarian, they don't eat meat. If a liberal is a vegetaria...
Jan. 3, 2024
Wheel of Life and Successful Goal Setting
The Wheel of Life is one of the most impactful discussions Ferenc shares annually. If you want to make 2024 your best year yet, the Wheel of Life is key to successful goal setting. Ferenc shares proven steps on how to live yo...
Dec. 20, 2023
The Money Supply has Reduced this Year. A Strong Recession has followed every Previous Time
The Federal Reserve has been selling assets most of 2023. This is known as quantitative tightening. As a result, the money supply has reduced 3.3% since July 2022. This has only happened four previous times in US history; 192...
Dec. 13, 2023
Why the Constitutional Freedoms We Enjoy are Important for Your Economic Security
Why do I share current events and political policies on a financially focused show? Economic freedom is freedom. The famous statement in the Declaration of Independence Life, Liberty, and the Pursuit of Happiness was almost L...
Dec. 6, 2023
The Thanksgiving Inflation Was Way Higher Than What the Government Says
According to the Bureau of Labor Statistics prices for turkey were 7.2% higher in October 2023 than in October 2023. Recently, the Biden administration attempted to claim inflation has reduced. This is misleading at best. The...
Nov. 29, 2023
Interest Rates: Expect Higher for Longer. How to Thrive in a Higher Interest Rate Environment.
The US Government cannot just print money endlessly. The Federal Reserve is required to hold assets equal to every dollar in circulation. The majority of those assets are treasury bonds. Bonds are a debt instrument. When the ...
Nov. 22, 2023
Inflation is Still Increasing. Prices are Still Increasing. Only 14% of Americans Are Better Off Financially than 3 Years Ago
The Biden Administration is taking credit for inflation reducing 65% - Prices of goods are still increasing. - Inflation has not been under 4% annual since May 2021. - This is double the Federal Reserve target inflation rate ...
Nov. 15, 2023
Interest Rates High for Longer! Why? Debt Spiral Accelerating
Expect Interest Rates Higher for Longer! Why? The Debt Spiral is Accelerating. Due to higher interest rates, the interest on the debt is increasing faster than expected. The interest on the debt now exceeds $1 trillion annual...
Nov. 8, 2023
Interest Payments on the US Government Debt Will Soon Increase Significantly, Interest Rates Will Likely Stay High Far Longer
Treasury Secretary Janet Yellen has made the biggest blunder in Treasury Department history for not issuing more long dated bonds when interest rates were at historic low rates. Bonds are a debt instrument. When the governmen...
Nov. 1, 2023
US Treasury Department Dropped a Financial Bombshell
The US deficit for 2023 was $1.7 Trillion. This is 23% higher than the previous year. The federal government spent $6.1 Trillion and received $4.4 Trillion. Yet, the actual shortfall is $2 Trillion. This is because the Suprem...
Oct. 25, 2023
Middle Eastern War and Speaker Battle has Significantly Increased Risk!
Ferenc shares the role the current administration has played to contribute to terrorism and the current Middle Eastern War. US tax dollars are supporting terrorism. These actions have made the world, our security, and our eco...
Oct. 18, 2023
Middle Eastern War! If Oil Production is Disrupted, Expect a Strong Recession
We are in very serious times. The Biden administration is deeply unserious. 1. Some of the weapons used by Hamas were US made, likely from the Afghanistan withdrawal. 2. The US released $6 Billion to Iran in a recent prisoner...
Oct. 11, 2023
John Burley Interview - Successful Real Estate Investing with High Interest Rates
John Burley is one of the most experienced real estate expert, educator, and private equity founder in the US. With 35+ years of investing experience and thousands of (personally) completed real estate deals, hundreds of mill...
Oct. 4, 2023
Truth in Accounting Interview
Truth in Accounting is a non-partisan and non-political government accounting watchdog organization. Truth in Accounting focuses on education to empower citizens. I interviewed Sheila Weinburg, Founder and CEO. Sheila shares ...
Sept. 27, 2023
Avery Chi Interview: A Personal Journey with the Broken US Immigration System
Avery Chi shares her personal story of her dream to become a US citizen. Avery is a Chinese national who dreamed of coming to the United States ever since she was young. She was able to obtain a student visa in 2014 to earn h...
Sept. 13, 2023
The Biden Administration is Attacking Energy Production and Transportation Again, Expect Higher Energy Costs and Inflation for Longer
The Biden administration has cancelled oil and gas leases, banned natural gas transportation by train, and is instituting stringent restrictions on large trucks. These policies will increase energy prices. This will further i...
Sept. 6, 2023
The Real Division in America is Top vs. Bottom, Oligarchy vs. Citizen
America has been an Oligarchy pretending to be a democracy for decades. - What is an Oligarchy? A few people in power in control of the majority. - Who is in the ruling class? Media, Big Business, Elite Colleges, Ultra-Weathy...
Aug. 30, 2023
Government Incompetence Creates More Problems Than It Fixes. Are You Ready for the Next Crisis, Financial or Otherwise?
The Maui fire disaster is another example of government incompetence. Mask mandates, excess government spending, and high debt are other recent examples of government incompetence. Do you trust the current government official...
Aug. 23, 2023
Hyper-Inflation or Deflation Ahead? How to Stay Nimble with Your Money for Either Option
Record levels of Government Spending are likely to cause Hyper-Inflation or Deflation. The record levels of debt are uncharted territory economically. It is impossible to predict what will actually happen. With economic uncer...
Aug. 16, 2023
Deflation May be Next Instead of Continued Inflation
China's economy is experiencing deflation. Prices are dropping on food, consumer products, and commodities. The causes for the price drops include housing value downturn, lower exports, and high unemployment. China's governme...
Aug. 9, 2023
US Credit Rating was Downgraded, Expect Higher Interest Rates Longer
Fitch Ratings recently downgraded the US credit rating from AAA to AA+. Fitch stated the reasons for the downgrade included an erosion of governance on fiscal and debt matters, rising government deficits, and total government...
Aug. 2, 2023
Reduce Your Taxes on IRA/401k Required Minimum Distributions using a QLAC
Ferenc explains a little known financial tool to reduce taxes on qualified accounts (IRA's, 401's, etc.) required minimum distributions. Qualified Longevity Annuity Contracts (QLAC) have a special tax advantage. Funds allocat...
July 26, 2023
America is Divided, But Not How You Think
Ferenc shares an inspiring message about the future of the country. Things will likely get worse before they get better, but there is legitimate hope for the future. Listen and find out why.