PODCAST: 5 Steps To Financial Freedom

On this week’s broadcast, economist and teacher-at-heart Jerry Robinson shares the five most important steps you can take to achieve true financial freedom.

• Level 1: Build an emergency reserve – 3-6 months liquid savings recommended (and a huge shout out to our members who were prepared for this crisis with a plan in place!)
• Level 2: Your asset, income, and life protection (let’s build the moat)
• Level 3: Building and diversifying financial reserves (let’s start building the castle)
• Level 4: Building and diversifying investments; the incredible importance of multiple streams of income
• Level 5: Advanced and speculative investing (but don’t put the cart before the horse)

Economist Jerry Robinson examines the Federal Reserve’s insidious monetary policies, which will ultimately serve as a brutal tax burden upon the bottom 80% of U.S. taxpayers. Only another revolution will be able to arrest America’s breathtaking wealth and income inequality.  

• “Wall Street owns the country. It is no longer a government of the people, by the people, and for the people. But a government of Wall Street, by Wall Street, and for Wall Street.”
• U.S. spending is $1 trillion per month (and this does not include the Fed’s QE)
• The Federal Reserve is now buying corporate bonds, “zombie companies” kept afloat by central bank intervention
• Will the Fed begin buying stocks – and what will be next?
• Legendary trader Paul Tudor Jones announces new bitcoin stake
• What we’re watching on the S&P 500 right now
• When the U.S. stops protecting Saudi Arabia… is the petrodollar in jeopardy?

Jerry closes out today’s show with a word of wisdom to the indebted.