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WeWork Craters and Inflation Woes on Finance U

WeWork’s bonds are crashing, and we explain what that means and why inflation is MUCH higher than advertised and likely to stay that way. Everyone needs to prepare their budgets and portfolios for a long reign of punishing inflation.

The User's Profile Chris Martenson August 11, 2023
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This week on Finance U Paul Kiker and I discuss the markets, specifically WeWork’s bond implosion, how bond prices work, and the fact that inflation is far higher than advertised.

My goal with Finance U is to educate.  I believe that too many people are bamboozled by an industry that has overly complicated itself on purpose as a means of keeping people uncertain and unsure of themselves.  This allows that industry to run its many rackets and keep the majority in a state of financial serfdom.  At Peak Prosperity we believe in the powerful, life-altering, transformative effect of achieving financial freedom.

And that begins with demystifying financial topics, knowing what the rules of the (rigged) game are, and keeping current with economic, monetary, and financial events as they transpire.

So, if you ever find yourself wondering “WTF did they just say…?”  please ask for clarification.  There’s no shame in not knowing, and no stupid questions.  If you are stumped or puzzled or confused, you can be sure there are a dozen others in the same boat.  Also, it’s true, I’ve been at this for so long that I often forget where I came from and to rewind fully to the beginning of an explanation and so I request that you remind me whenever it seems I’ve skipped over something too quickly.

Peak Prosperity endorses and promotes Kiker Wealth Management’s financial services.  To arrange a free, no-obligation discussion of your personal financial circumstances

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