The Federal Reserves Hidden Video That Could MAKE or BREAK the Economy!

In this BetterWealth Podcast, I am joined by Tim Chermak from The John Galt Mortgage Company to discuss a recent clip that was buried in a 4-hour-long video from the Federal Reserve that features board member, Michelle Bowman, discussing their new plan for increased interest rates.
Ready To Set up an And Asset? Talk with our Life Insurance Experts - www.betterwealth.com/clickher...
Get FREE Overfunded Whole Life Insurance Education and Resources - bttr.ly/vault
John Galt Mortgage Company - www.johngaltmortgage.com/
0:00 - Intro
2:57 - Reaction to Federal Reserve Clip
4:21 - The Increasing Inflation and the Fed's Response
12:50 - The Role and Independence of the Federal Reserve
16:18 - Should they Lower or Raise Interest Rates?
27:12 - Getting Rid of The Federal Reserve!
31:15 - Surviving a Changing Economic Environment
37:56 - Navigating the Mortgage Industry: Must-Knows and Hidden Fees
______________________________________________
✉️ Email BetterWealth: bttr.ly/info
WEBSITE: betterwealth.com
====================
DISCLAIMER: bttr.ly/aapolicy
*This video is for entertainment purposes only and is not financial or legal advice.
Financial Advice Disclaimer: All content on this channel is for education, discussion, and illustrative purposes only and should not be construed as professional financial advice or recommendation. Should you need such advice, consult a licensed financial or tax advisor. No guarantee is given regarding the accuracy of the information on this channel. Neither host nor guests can be held responsible for any direct or incidental loss incurred by applying any of the information offered.

[@CapitalismDeathSpiral]

Inflation will only go away when all products and service go back to be 55%+ cheaper. Gas ⛽️ under $1.77, candy 🍫 under $1, new 4 door sedan under $15,000, a 1,500 SQ FT home under $30,000 ( so poor people can buy or hand build homes ), 1 months electric bill or gas bill under $20/Month, food needs to all go under $55cents a pound.

[@joshsilver6114]

100% agreed. Great conversation.

[@cwall216]

Great discussion

[@BetterWealth]

Glad should enjoyed it!

[@762foryou]

Excellent content!
The rates over 7% are fine with me, it's the unrealistic, pie-in-the-sky, over-inflated home prices that I will not succumb to.

[@BetterWealth]

Thank you!

[@popgoestheweasel95]

I could care less if rates came down that’s not the problem here. In 1988 I bought $140,000 house at 7 1/2% and that was no big deal. Why don’t we hear talk of Cost of goods coming down, then the rates won’t matter it’s just that simple.

[@Paka6267]

Great conversation and I totally agree with Tim about raising interest rates in the short term.

[@BetterWealth]

Appreciate you watching! Thanks for sharing your perspective 🙏.

[@Paka6267]

Is there or will there ever be another alternative to The Federal Reserve !?!

[@BetterWealth]

Haha there will probably not be unless the whole system collapses. Great question 👍😊

[@JocobsComments]

@@BetterWealthagreed

[@FKAT420]

💯💯💯

[@BetterWealth]

Thanks for watching 🙏

[@6040adam]

Absolutely STELLAR conversation!

[@BetterWealth]

Thank you!