Episodes
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.
July 19, 2023
Grow Wealth thru Strategic Debt and Minimize Consumer Debt Risk
Most people miss out on a huge opportunity to grow wealth using debt strategically. We are taught to avoid debt. In this show Ferenc asks 3 simple questions “Can you borrow money to purchase rental property to create positive...