Economic Reset, K-Shaped Collapse | Jeremy Knauff, David Phelps

Today, I’m sharing a recent and powerful conversation I had with Jeremy Knauff, a friend and public relations and marketing expert, unpacking the dramatic shifts underway in the global economy and how everyday Americans can prepare. In this conversation, we make sense of macroeconomic chaos, including inflation, tariffs, the demise of the dollar standard, and the risks of a debt-fueled financial system.

We discuss how inflation acts as a stealth tax and how “helicopter money” has artificially propped up markets but exacerbated long-term problems. We delve into the history of our country and the decisions that have led to our current economic state, such as the issues arising after the US went off the gold standard in the ’70s. It’s important as Americans to increase our financial literacy, live within our means, invest in real assets (not just paper wealth), and build resilient networks in preparation for the volatile times ahead.

Minute Markers:

02:29 – Intro and topics covered in the episode.
07:20 – Hard times for the middle class and returning to Main St. vs Wall St.
09:47 – The economy is in a “K-shaped” recovery.
16:30 – Inflation, wages, the tough road ahead, and how to really see what’s going on in the economy.
24:55 – The need for Financial Literacy and discernment as a nation.
28:41 – Tariffs and the trade impacts David sees happening.
31:40 – US historical decisions and the aftereffects of going off the gold standard.
37:15 – Thoughts on Trump pausing the tariffs and the bond market.
40:25 – You can’t turn the economy around on a dime.
46:04 – Why there’s always a reversion to the mean in assets.
48:30 – Can the Fed do anything about the economics that are happening now?
54:18 – Handouts ultimately never work.
1:01:21 – The secular market cycles and big changes that are coming.
1:05:04 – What if war happens? The importance of continuing to negotiate for a better world.
1:07:50 – Ronald Reagan economy similarities.
1:16:00 – What should we be doing now with our own finances?
1:18:07 – Risks and opportunities in the down markets: Skillsets are key.

If you like this episode, here are more episodes we think you’ll enjoy:

Ep #532 – David McAlvany – Recession and Reindustrialization: Investing Wisely in a Time of Transformation
Ep #518 – Mathew Owens – Real Estate Reality Check: Strategies, Caution, and Cash Flow for Today’s Market
Ep #512 – Andrew McDannels – Protecting Your Wealth – Fiat Currency, Tangible Assets, and Commodities

Featured on the Show:

#jeremyknauff #economicreset #inflationrates #interestrates #k-shapedrecovery #macroeconomics #currency #inflation #tariffs

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