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Why Saving In Dollars Is A TERRIBLE Idea with Gary Brode

Author
Randy Wilson
Published
Tue 01 Oct 2024
Episode Link
https://therichmindpodcast.podbean.com/e/if-youre-saving-in-dollarsyoure-a-loser/

In this very important and powerful episode of the Rich Mind Podcast, Randy Wilson engages in a deep conversation with Gary Brode, founder of Deep Knowledge Investing.


They explore the importance of financial education, the concept of contrarian thinking, and the current state of the financial system, including inflation and the role of the Federal Reserve.


Gary shares insights on how to navigate the complexities of investing and offers practical steps for financial security, emphasizing the need for self-education and proactive measures in uncertain economic times.


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Takeaways


  • Contrarian thinking is essential for financial success.

  • Understanding inflation is crucial for financial planning.

  • The Federal Reserve's policies significantly impact the economy.

  • Government overspending contributes to inflation and economic instability.

  • Self-custody of assets like Bitcoin is important for financial security.

  • Investing in precious metals can protect against currency devaluation.

  • Energy investments are likely to yield returns as inflation rises.

  • Practical steps include stockpiling essentials and diversifying investments.

  • Education is key to making informed financial decisions.

  • The current financial system is designed to benefit those in power, not the average citizen.


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Follow Gary and learn more about Deep Knowledge Investing ⬇️


Website - https://deepknowledgeinvesting.com


LinkedIn - https://www.linkedin.com/in/gary-brode-deep-knowledge-investing/


YouTube - https://www.youtube.com/@DeepKnowledgeInvesting


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Looking to start your own Podcast? If so I highly recommend checking out Riverdise.fm


Check Them Out Here ▶️ Riverside.fm


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Learn More At ▶️ https://randywilsononline.com/vsl/


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