Success Story with Scott D. Clary
Lessons - How Excessive Money Printing Can Backfire | David Morgan - Founder of the Morgan Report
Published on Apr 27, 2024, 9:29:38 PM
Total time: 00:06:24
Success Story with Scott D. Clary
Published on Apr 27, 2024, 9:29:38 PM
Total time: 00:06:24
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In this "Lessons" episode, we explore the challenges of rising prices and stagnant wages, squeezing the middle class. David Morgan, a financial expert, discusses the limitations of printing money as a solution and explores alternative perspectives.
The Middle-Class Squeeze: Rising housing prices and everyday costs are making it difficult for the middle class to survive in major cities, with wages failing to keep pace.
Printing Money: A Flawed Solution: While printing money can be used to stimulate the economy in the short term, it can also lead to inflation, further reducing purchasing power and potentially worsening the situation.
Stagflation and Inequality: The episode explores the concept of stagflation, where stagnant wages meet rising costs of living, potentially leading to increased wealth inequality.
➡️ Show Links
https://successstorypodcast.com
YouTube: https://youtu.be/Gd7vtDeHp-o
Spotify: https://open.spotify.com/episode/5qNsRSa7GrBKYbEeze5J2O?si=WdIvYw0dTUOFmCdJqr7mDQ
➡️ Watch the Podcast On Youtube
https://www.youtube.com/c/scottdclary
Welcome to the Success Story Podcast, hosted by entrepreneur, business executive, author, educator & speaker, Scott D. Clary (@scottdclary). On this podcast, you'll find interviews, Q&A, keynote presentations & conversations on sales, marketing, business, startups and entrepreneurship. Scott will discuss some of the lessons he's learned over his own career, as well as have candid interviews with execs, celebrities, notable figures and politicians. All who have achieved success through both wins and losses, to learn more about their life, their ideas and insights. He sits down with leaders and mentors and unpacks their story to help pass those lessons onto others through both experiences and tactical strategy for business professionals, entrepreneurs and everyone in between. To get more of the Success Story podcast, go to www.successstorypodcast.com.