<description>&lt;p dir="ltr"&gt;&lt;strong&gt;&lt;span style="font-size: 10pt;"&gt;Will higher interest rates and inflation persist for a decade?&lt;/span&gt;&lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;&lt;strong&gt;&lt;span style="font-size: 10pt;"&gt;An upcoming recession always seems to be perpetually just around the corner. Learn when it should finally happen.&lt;/span&gt;&lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;&lt;strong&gt;&lt;span style= "font-size: 10pt;"&gt;Macroeconomist &lt;a href= "http://richardduncaneconomics.com"&gt;Richard Duncan&lt;/a&gt; joins me. I tell you a funny story about when he was GRE’s first-ever guest in 2014.&lt;/span&gt;&lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;&lt;strong&gt;&lt;span style="font-size: 10pt;"&gt;Currency is now being destroyed—called Quantitative Tightening.&lt;/span&gt;&lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;&lt;strong&gt;&lt;span style="font-size: 10pt;"&gt;Negatives for future asset prices: QT, higher rates, student loan debt repayment, stronger dollar, asset prices already inflated, high personal asset-to-income ratios, higher oil prices, looming government shutdown.&lt;/span&gt;&lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;&lt;strong&gt;&lt;span style="font-size: 10pt;"&gt;Positives for future asset prices: monetary stimulus hangover, high employment, CHIPS and Science Act, Inflation Reduction Act, The AI Revolution, prospect of lower future inflation and interest rates. &lt;/span&gt;&lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;&lt;strong&gt;&lt;span style="font-size: 10pt;"&gt;Richard provides his opinion and insight on today’s real estate market.&lt;/span&gt;&lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;&lt;strong&gt;&lt;span style="font-size: 10pt;"&gt;If inflation-adjusted credit growth is less than 2%, expect a recession. If it goes negative, expect a depression.&lt;/span&gt;&lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;&lt;strong&gt;&lt;span style="font-size: 10pt;"&gt;Get a 50% Discount on Richard Duncan’s MacroWatch video newsletter. Use the code “GRE” at: &lt;a href= "http://www.richardduncaneconomics.com"&gt;RichardDuncanEconomics.com&lt;/a&gt;&lt;/span&gt;&lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;&lt;strong&gt;&lt;span style="font-size: 10pt;"&gt;Resources mentioned:&lt;/span&gt;&lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;&lt;strong&gt;&lt;span style="font-size: 10pt;"&gt;Show Notes:&lt;/span&gt;&lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;&lt;strong&gt;&lt;span style="font-size: 10pt;"&gt;&lt;a href= "https://www.getricheducation.com/episode/474"&gt;GetRichEducation.com/474&lt;/a&gt;&lt;/span&gt;&lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;&lt;strong&gt;&lt;span style="font-size: 10pt;"&gt;Get a 50% Discount on Richard Duncan’s MacroWatch video newsletter. Use the code “GRE” at:&lt;/span&gt;&lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;&lt;strong&gt;&lt;span style="font-size: 10pt;"&gt;&lt;a href= "http://www.richardduncaneconomics.com"&gt;RichardDuncanEconomics.com&lt;/a&gt;&lt;/span&gt;&lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;&lt;strong&gt;&lt;span style="font-size: 10pt;"&gt;For access to properties or free help with a&lt;/span&gt;&lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;&lt;strong&gt;&lt;span style="font-size: 10pt;"&gt;GRE Investment Coach, start here:&lt;/span&gt;&lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;&lt;strong&gt;&lt;span style="font-size: 10pt;"&gt;&lt;a href= "https://gremarketplace.com/coach/"&gt;GREmarketplace.com&lt;/a&gt;&lt;/span&gt;&lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;&lt;strong&gt;&lt;span style="font-size: 10pt;"&gt;Get mortgage loans for investment property:&lt;/span&gt;&lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;&lt;strong&gt;&lt;span style="font-size: 10pt;"&gt;&lt;a href= "http://www.ridgelendinggroup.com/"&gt;RidgeLendingGroup.com&lt;/a&gt; or call 855-74-RIDGE &lt;/span&gt;&lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;&lt;strong&gt;&lt;span style="font-size: 10pt;"&gt;or e-mail: info@RidgeLendingGroup.com&lt;/span&gt;&lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;&lt;strong&gt;&lt;span style="font-size: 10pt;"&gt;Invest with Freedom Family Investments. You get paid first: Text ‘FAMILY’ to 66866&lt;/span&gt;&lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;&lt;strong&gt;&lt;span style="font-size: 10pt;"&gt;Will you please leave a review for the show? I’d be grateful. Search “how to leave an Apple Podcasts review” &lt;/span&gt;&lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;&lt;strong&gt;&lt;span style="font-size: 10pt;"&gt;Top Properties &amp; Providers:&lt;/span&gt;&lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;&lt;strong&gt;&lt;span style="font-size: 10pt;"&gt;&lt;a href= "https://www.gremarketplace.com/"&gt;GREmarketplace.com&lt;/a&gt;&lt;/span&gt;&lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;&lt;strong&gt;&lt;span style="font-size: 10pt;"&gt;GRE Free Investment Coaching:&lt;/span&gt;&lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;&lt;strong&gt;&lt;span style="font-size: 10pt;"&gt;&lt;a href= "https://gremarketplace.com/coach/"&gt;GREmarketplace.com/Coach&lt;/a&gt;&lt;/span&gt;&lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;&lt;strong&gt;&lt;span style="font-size: 10pt;"&gt;Best Financial Education:&lt;/span&gt;&lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;&lt;strong&gt;&lt;span style="font-size: 10pt;"&gt;&lt;a href= "https://www.getricheducation.com/"&gt;GetRichEducation.com&lt;/a&gt;&lt;/span&gt;&lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;&lt;strong&gt;&lt;span style="font-size: 10pt;"&gt;Get our wealth-building newsletter free—&lt;/span&gt;&lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;&lt;strong&gt;&lt;span style="font-size: 10pt;"&gt;text ‘GRE’ to 66866&lt;/span&gt;&lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;&lt;strong&gt;&lt;span style="font-size: 10pt;"&gt;Our YouTube Channel:&lt;/span&gt;&lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;&lt;strong&gt;&lt;span style="font-size: 10pt;"&gt;&lt;a href= "https://www.youtube.com/c/GetRichEducation"&gt;www.youtube.com/c/GetRichEducation&lt;/a&gt;&lt;/span&gt;&lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;&lt;strong&gt;&lt;span style="font-size: 10pt;"&gt;Follow us on Instagram:&lt;/span&gt;&lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;&lt;strong&gt;&lt;span style="font-size: 10pt;"&gt;&lt;a href= "https://www.instagram.com/getricheducation/"&gt;@getricheducation&lt;/a&gt;&lt;/span&gt;&lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;&lt;strong&gt;&lt;span style="font-size: 10pt;"&gt;Keith’s personal Instagram:&lt;/span&gt;&lt;/strong&gt;&lt;/p&gt; &lt;p dir="ltr"&gt;&lt;strong&gt;&lt;span style="font-size: 10pt;"&gt;&lt;a href= "https://www.instagram.com/keithweinhold/"&gt;@keithweinhold&lt;/a&gt;&lt;/span&gt;&lt;/strong&gt;&lt;/p&gt;</description>

Get Rich Education

Real Estate Investing with Keith Weinhold

474: America's Eventual Recession Reckoning with Richard Duncan

NOV 6, 202351 MIN
Get Rich Education

474: America's Eventual Recession Reckoning with Richard Duncan

NOV 6, 202351 MIN

Description

Will higher interest rates and inflation persist for a decade?

An upcoming recession always seems to be perpetually just around the corner. Learn when it should finally happen.

Macroeconomist Richard Duncan joins me. I tell you a funny story about when he was GRE’s first-ever guest in 2014.

Currency is now being destroyed—called Quantitative Tightening.

Negatives for future asset prices: QT, higher rates, student loan debt repayment, stronger dollar, asset prices already inflated, high personal asset-to-income ratios, higher oil prices, looming government shutdown.

Positives for future asset prices: monetary stimulus hangover, high employment, CHIPS and Science Act, Inflation Reduction Act, The AI Revolution, prospect of lower future inflation and interest rates. 

Richard provides his opinion and insight on today’s real estate market.

If inflation-adjusted credit growth is less than 2%, expect a recession. If it goes negative, expect a depression.

Get a 50% Discount on Richard Duncan’s MacroWatch video newsletter. Use the code “GRE” at: RichardDuncanEconomics.com

Resources mentioned:

Show Notes:

GetRichEducation.com/474

Get a 50% Discount on Richard Duncan’s MacroWatch video newsletter. Use the code “GRE” at:

RichardDuncanEconomics.com

For access to properties or free help with a

GRE Investment Coach, start here:

GREmarketplace.com

Get mortgage loans for investment property:

RidgeLendingGroup.com or call 855-74-RIDGE 

or e-mail: [email protected]

Invest with Freedom Family Investments. You get paid first: Text ‘FAMILY’ to 66866

Will you please leave a review for the show? I’d be grateful. Search “how to leave an Apple Podcasts review” 

Top Properties & Providers:

GREmarketplace.com

GRE Free Investment Coaching:

GREmarketplace.com/Coach

Best Financial Education:

GetRichEducation.com

Get our wealth-building newsletter free—

text ‘GRE’ to 66866

Our YouTube Channel:

www.youtube.com/c/GetRichEducation

Follow us on Instagram:

@getricheducation

Keith’s personal Instagram:

@keithweinhold