Chuyển sang chế độ ngoại tuyến với ứng dụng Player FM !
085: Good News Equals Bad News Economy
Manage episode 375654680 series 3237394
“We’re overspending $5.1 billion a day more than we’re bringing in because of interest rates.” - Ed Siddell
Today, we're talking about how good news can actually lead to bad news when it comes to the economy. When something looks good, it usually comes at a cost.
We’ve all lived through a whole lot of craziness since 2020, and we’ve experienced major shifts in employment and the housing market–and inflation has played a huge role in that. In today’s episode, we explore how we got here, how overspending in government hurts us all, and when we might see some stability after what can feel like total chaos–and what to do with your money (and your financial plans) in the meantime.
In this podcast interview, you’ll learn:
- How the Fed backed itself into a corner with interest rates–and why our booming economy led to such extreme inflation.
- Why we think interest rates might freeze by next summer.
- Why debt is at unbelievable highs–and the economic factors that might make things even worse very soon.
- Things you can do right now to create economic leverage across your own accounts.
To get access to today's show notes, including links to all the resources mentioned, visit EGSIFinancial.com
How Fit Is Your Retirement Plan?
We can help you manage your finances so you can pursue your goals. To learn more, visit EGSIFinancial.com
85 tập
Manage episode 375654680 series 3237394
“We’re overspending $5.1 billion a day more than we’re bringing in because of interest rates.” - Ed Siddell
Today, we're talking about how good news can actually lead to bad news when it comes to the economy. When something looks good, it usually comes at a cost.
We’ve all lived through a whole lot of craziness since 2020, and we’ve experienced major shifts in employment and the housing market–and inflation has played a huge role in that. In today’s episode, we explore how we got here, how overspending in government hurts us all, and when we might see some stability after what can feel like total chaos–and what to do with your money (and your financial plans) in the meantime.
In this podcast interview, you’ll learn:
- How the Fed backed itself into a corner with interest rates–and why our booming economy led to such extreme inflation.
- Why we think interest rates might freeze by next summer.
- Why debt is at unbelievable highs–and the economic factors that might make things even worse very soon.
- Things you can do right now to create economic leverage across your own accounts.
To get access to today's show notes, including links to all the resources mentioned, visit EGSIFinancial.com
How Fit Is Your Retirement Plan?
We can help you manage your finances so you can pursue your goals. To learn more, visit EGSIFinancial.com
85 tập
همه قسمت ها
×Chào mừng bạn đến với Player FM!
Player FM đang quét trang web để tìm các podcast chất lượng cao cho bạn thưởng thức ngay bây giờ. Đây là ứng dụng podcast tốt nhất và hoạt động trên Android, iPhone và web. Đăng ký để đồng bộ các theo dõi trên tất cả thiết bị.