Inflation is Here. Here’s How We Are Dealing with It #1765

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By Eric Siu and Neil Patel. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

In episode #1765, we talk about the current period of inflation and share some of the ways we are dealing with it. The term inflation refers to a process whereby currency becomes somewhat devalued and things gradually begin to cost more. While what we say should not be considered financial advice, listen along and hear about a strategy involving putting cash into hard assets.

TIME-STAMPED SHOW NOTES:

  • [00:25] Today’s topic: Inflation is Here. Here’s How We Are Dealing with It.
  • [00:38] Understanding inflation: decreased buying power.
  • [01:12] Signs of the inflationary landscape right now.
  • [01:50] Don’t leave as much of your money in cash.
  • [02:30] Aim for hard assets.
  • [02:53] Remembering the period of hyperinflation in post-WW1 Germany.
  • [04:13] Be careful not to take on too much risk.
  • [04:56] Go to marketingschool.io/live to hang out with Neil and Eric in September.

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