Thats an extremely irresponsible thing to say. Jesus even gave a parable about what to do with your money. Stop putting your hand in the religious sand.
Mine, is a Jewish banker Peter Schiff and Spiritual advisor Mark Passio. Money is Spiritual, money is one-eye or Mono-eye. Jesus is King, Gold is Gods money and freedom to foolow his ways. Freedom and prosperity is Patriarchal. Witchcraft and Voodoo economics don't work and will continue to not work.
My brother is a builder. He’s already building Inlaw suites and basements for rich people who intend for their kids to live at home. They already know where this is going.
Well to be frank with everyone who is surprised this isn't some new thing, maybe to Americans it is. Venezuela, Zimbabwe etc have already gone through all these scenarios. Outside of nuclear warfare, all the scenarios Americans view as doomsday scenarios are already playing out in third world countries. The average American is just too busy, or too ignorant to learn about the world outside of the US.
In America we do too much worrying about other countries.We send off billions of dollars a year to other countries for no reason. The countries that we do help in the past all started to turn There back on us. We have a whole country built off of doing things for other country. No country in the world has helped us as much as we have helped out the world.
So buy assets now because when hyper inflation hits those assets prices will sky rocket and wages wont keep up and money in the bank will become nothing, do i have this right?
““Do not lay up for yourselves treasures on earth, where moth and rust destroy and where thieves break in and steal, but lay up for yourselves treasures in heaven, where neither moth nor rust destroys and where thieves do not break in and steal.” Matthew 6:19-20
This verse and "be in debt to no one" are the ones I always struggle with. I'm trying to just worry about today but then when people I respect talk about being wise with money and investing in assets I 2nd guess myself. I'm debt free and I rent. I waited a long time to get a 401k and now I'm wondering if I should buy a house lol.
@@Brokenhill42 considering that homes will just be more expensive to buy in the future and rents will keep going up, I pretty well agree with Dave Ramsey in saying that you should buy as soon as you reasonably can (which he defines as debt free heading into it with 3-6 months emergency fund past down payment, closing costs, and any immediate repairs/moving expenses, a little picky in my opinion but largely right). Also, I've looked into commentaries on that verse about leaving no debt outstanding, and most say that just means make your payments on time. The borrower is slave to the lender similarly means you should think twice before taking out a debt, because it's a very significant obligation that you have to fulfill, or there can be dire consequences. It better be something worth it. Getting a shield from ongoing housing inflation can be worth it if you don't take on too much debt, especially if you can pay it off in a reasonable enough time frame. House and wealth are the inheritance of fathers, meaning getting access to a home to raise a family in and leave as an inheritance is something fathers should be seeking to do, and that may only be possible with a mortgage. Nowhere in scripture does it say being in debt is a sin, but it does have cautions about it, as it can often get in the way of your relationship with God and others. Just be wise and careful with debt, never overspend with it, never buy a complete liability with it (like a sports car or even too fancy/unaffordable a home). I've heard many strong believers set up a family rule of no debts besides 1. student loans (and be sure it's a worthwhile degree that can help you pay it back) 2. a car if you need to, never overspending, and 3. a home. Anything else will just rob you of future income without serving a worthwhile and positive purpose. Maybe a small, short term bridge debt that you pay off very quickly if you have to. Personally, I only have 2 debts, student loans, and a mortgage on an undervalued house hack, where I'm getting help paying it back. And the student loans got me an education that allowed for a substantially higher income than I likely would have had otherwise, which is now allowing me to try to be a part of my parents' retirement even while navigating this difficult economy myself, something which is pleasing to God according to I Timothy 5. I plan to either pay off one debt or the other ASAP or invest further in more liquid assets if I'm sufficiently confident it will significantly outearn the debt. Or flip the property eventually if the timing of it is correct, and get out of all debt, including mom and dad's mortgage. I actually had much greater peace after purchasing the property after praying about it, knowing I'm trying to honor my parents and take care of them while facing a housing crisis and inflation, on top of student debt. Yes, the property has its problems, like repairs and tenants just not paying, but it's worthwhile and should have a good long-term trajectory of serving a good purpose.
This doesn't mean don't work, save or invest. It just means understand those things are temporary and don't forget to give to God while you do the things necessary for life.
"A good person leaves an inheritance for their children’s children..." (Proverbs 13:22). Investing is not laying treasures on Earth unless you're making that money an idol. Be a good steward of the money given to you.
I've heard it approximated that a day's wage is $80!! 😱 Ya'all. I don't know where you are financially but, just temporarily integrate THAT into your finances!!! All things considered, you might have to determine, who in your family gets to eat: what, how much, and when or what day. You also have to determine whether or not going to work is even worth your time or if, you'd be better off dedicating all of your time to, hunting and gathering. Also, if you are hunting, there will be starving people whom, once they find out, they'll just steal the food that you hunted for.
@@SomeUserNameBlahBlah not in this order brother first peace the first 3 years of trump later 2 seal taking out the peace of the world with gorge Floyd and Covid and the wars of Russia and Ukraine and Israel and Iran now everyone prognostication of a hyperinflation wish is the 3rd seal food waaaaay overly expensive ! Is not a coincidence buddy. We leave at chapter 7 from 9-17
My outlook on money changed when I realized someone making $300,000 can retire broke & someone making $80,000 can retire a multi-millionaire. With the current market movement, you have $60k to invest. Where are you investing it?
I'd avoid the index funds, mutual funds, or specific stocks for the time being. The 5% fixed incomes are the safest bet for now. Save your cash for when the market actually shows sign of recovery.
This is why I entrusted a fiduciary with my investmnt decisions. Many underestimate advisors until emotions lead to losses. My advisor crafted a tailored strategy aligning with my long-term goals, guiding entry and exit points for the equities I focus on. This has grown my portfolio to over $850k. My personal best so far
Sophia Irene Powell is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
@@brandonwellington3547I think he just realizes in his success that normal people are hurting and like he said at the end of the video, the future of his kids.
Talk to anyone who has lived in a country where these things have happened. I agree farm land is the best. But people become inhuman very fast. Violence and unrest increase dramatically. Infrastructure gets destroyed by people trying to loot metals from pipes and wiring. Food deliveries get hijacked. These stocks and bonds will all be worthless. Just pray it doesn't get so bad that your property rights are not ignored. Or worse.
Learn the edible plants around you. There are tens of thousands of edible plants but 90% of the human diet today is made up of only 40 of them. As long as you are not is a desert I guarantee you that you can find something edible.
Own your home as soon as possible. Downsize if needed. No matter what happens you will have a roof over you and your family’s head. You can figure out the rest from there.
@@JB-em9po Fair enough. But I'm a bit skeptical of predictions like this. People have been predicting all sorts of financial calamities as of late. What if he is wrong and people go out and get an enormous mortgage only to find that they can't pay it off and default? I think your best bet is to focus on the basics. Pay off your mortgage as quickly as you can so you have a place to live. Then you can start taking on riskier ventures, that if they pay off then great, but if not, you still have a roof over your head. Personally I wouldn't try to predict the market. Research has shown doing that never works out. As Christians we are called to walk the narrow path and steward well. I try to focus on that.
My son was living in my rental house. He is moving back in with me. We are mortgage free but taxes and insurance are brutal. This sounds great in theory....but it's not when you are living it.
There seems to be one hole with this argument. Hyperinflation, at a rate of 1000%, would let the government repay the $30 trillion debt. But this would then be followed by a fiscal crisis since the government would need to finance spending in the newly worthless currency (basically going back into debt but this time 10x) and borrowing would become difficult or impossible since investors would demand exorbitant interest rates or just refuse to lend. The super rich would take their money and put it in another currency leaving the U.S. out to dry. The government would then keep printing even more money, which would keep the cycle going. Eventually, this inflation would make it hard to keep running government programs and services because their real value would go down resulting in giant cuts any way. You would also have a complete collapse in purchasing power. Prices would skyrocket wages and income would take a hit. Physical assets might still have some worth, but most assets would become severely distorted. Like who’s going to buy your gold if most people can’t pay for their food? The market for goods and services would grind to a halt because people and businesses can’t figure out how to price things correctly so you would end up with a free house but in bread lines to get food. Either situation is a lose lose for the government. The best option is to balance the budget, reform social security and Medicare and give it like 20-30 years for annual inflation to make the debt much more serviceable then accelerate paying it off. But that’s long term strategies when we got 4 years political cycles. There are no short term “fixes”.
The argument itself isn’t wrong though. Where there is a bad idea, there’s people either not knowledgeable enough, or not careful enough, to do it anyways. And the current administration hasn’t been known for its good ideas so idk. Sounds about right to me.
@@danielbozhko I think you're forgetting that the US has assets. They would be able to sell off their assets that got inflated through hyperinflation and easily pay off the bills
Revelation 6:6 ESV [6] And I heard what seemed to be a voice in the midst of the four living creatures, saying, “A quart of wheat for a denarius, and three quarts of barley for a denarius, and do not harm the oil and wine!” Its only a matter of time. I dont know when it will be, but it seems closer than ever.
you know what i found out, the Navy, every year, they order brand new set of tools, super unique tools that cost millions, all brand new, even if the tool has never been used. They can just bring the old tools home. That is insane. There is no over sight on anyone in the government.
That’s not a unique phenomenon homie When an agency C government or private has a budget of X. If there’s cash remaining after the budget period next time the budget could be reduced
When I was in it was “use it or lose it” Essentially it was you needed to spend what you had for a budget last year, or you’re new budget because what you didn’t use.. It’s a shit and wasteful system. All of the govt has gotta be the same. My AMU bought TVs for every room in the building, including the hallways…. Never turned on…
The times are full of signs that he will return soon. Eveyones true colors are coming out. You are with him or against him. You know what side you are on now. It's not too late to get on the winning team!
Dave Ramsey talks about investing about investing way too late in his baby steps. Joe Sangl, who created I was Broke, Now I’m Not, who also talks to Christians about churches discusses to invest before you pay off debt, by investing the minimum. This way you do not miss out on compound interest. He also talks about how to invest more than 15% since most people end up investing too late in life. Weather it is Ramsey, Crown Financial, Ron Blue they all are going to tell you to budget, save for emergency, pay off debt and invest. But the strategy is different and Joe sets you up for success in retirement far greater than any other person.
My issue with Ramsey he has made $$$ off the christian community by teaching folks to live like their grandparents (at least mine) - Tithe, Alms & Offerings, Live well below ur means, Flee debt, Save for rainy day, Save & invest, etc. etc.
Yes to investments and real estate, but also businesses, skills, and other interest bearing vehicles. I started building two businesses five years ago after a master in finance, best decision I ever made. Project management and other jobs always have a cap, but you can supplement your income many ways to get the extra earnings you want. You must redeem the time.
Glad I’m not the only one frustrated that nobody talks about how mechanically simple it is to begin asset creation today. Simple, but not always easy. Often a mental block. Just do it friends and get started!
We have one years income saved in cash since my wife became a homemaker. Since then I’ve been buying stocks when the market is down +1%. Buy assets not things.
Thankfully I started living by the bible years ago, got out of all debt, and started saving. The gold ad part was funny. Oddly though, me buying gold and silver when they went printing press crazy on the dollar is what has allowed me to explode my money value compared to any other avenue. My initial buy has nearly doubled in value just sitting there. Probably the only asset class the average person can afford to get into, although it is slowly starting to get quite expensive. Finance can be very easy, but the issue we have is not realizing time and assets are the vehicle to move forward. Especially in these times where the government is drunk off debt.
The USA GDP goes up every time inflation hit so the Deficit doesn’t looks as bad . 2020 GDP to depth ratios was 126% 2023 was 123% they borrowed more money but USA GDP grew because people salary went up with inflation. Brian is great with showing samples. I learn how to trade option with his videos and the samples he provided.
John T Reed is a smart guy in ur neck of the woods (Bay Area, CA) wrote a great book "Hyperinflation/Depression" years ago - Highly Recommended (Unpaid Promo!). Income Rarely keeps up with Gov't created inflation (Fed $ Printing)
Why in the world would anyone believe it’s going to take 15 years for this to happen? invest in stocks? I’d say learn to grow food. Eating grass? Or sweet potatoes? I’d take the yam any day. 🍠
The stock market is a good sign of this. It has been going up almost straight for a year. It needs to have a significant pull back but won,t do it. ALSO HEALTH CARE IS JUST WAY TO MUCH.
What’s going on around us with inflation is a no-brainer. I only have two kids and I already have a house. I’m gonna buy a house for each of my kids and they’re only seven and five right now. So they won’t have to worry about the situation.. that’s better than leaving them some money when I die
The problem with this is deflation is run by the market. You can print money all you want but if people are refusing to buy stuff at above market rates then you cant sustain inflation and black rock cant own every house in the US. You can already see deflation happening by looking at the housing and car market. There is a way to balance the budget without cutting social programs by simplifying it and getting rid of unnecessary govt jobs for example the IRS. We would make more if we did a flat tax of 10 percent and got rid of the IRS. You could also get rid of a lot of other govt agencies that really dont benefit the american people specifically three letter agencies if you catch my drift. National govt jobs are a significant drain on the economy and should be removed. You can see an example with Argentina.
Yes, and you don't actually own the asset. It's a contract with the broker but you don't actually own the shares to hold them in your hands. If you don't hold it, you don't own it. So own physical assets that you hold. Gold, Silver, Real estate, Bitcoin, etc. I appreciate Ruslan shedding light on this topic because it's real (I have been doing videos since 2021 on this) but we as humans aren't realists. We are optimists because self-preservation is strong in us. We however, have the LORD and Scripture that tells us not to fear all these things will take place. Also, my view is that hyperinflation is not a decade plus away but sooner because war is expensive and if the US is spending 2T in money it doesn't have during peace time, then how much will it spend during war time. Which is approaching soon. the LORD is our refuge, it's in Him we trust.. Take care.
@rolfpierre8400 I understood the points that were being made. However, I was pointing out another major consideration that can heavily influence US economic policy. Logically, yes it would make sense to avoid a depression and a reset. However, there are other players and factors involved (i.e. the World Economic Forum) that are already expecting a global catastrophe such as a global depression and the subsequent need for a reset.
Its so amazing watching the light bulb go off when someone understands what inflation is. The only thing holding the value of the dollar up now his people's faith in it which is dissipating.
Isnt it ironic that deflation also would result in the mortgage scene being pillaged by lenders and defaults resulting in property displacement to those who are filling the same pockets in the end. It is a creature of many heads.
Hey guys your little thing on social security the one guy asks if there’s a way to not pay into it….. in Canada we call social security the Canada pension plan. The way I avoid paying into it is I incorporated my company and I pay myself dividends so zero of my income goes to social security and I can now use that money to invest myself. Not sure if it works like that in USA but I’m sure it does. You would need to be incorporated so having your own business. If you’re an employee you can’t do it unless you’re a sub contractor which again would be like your own business. Social security is a scam you can do way better with your money investing it yourself . Never rely on the government
Guys, it’s the law of supply and demand. In a deflationary situation, things would be cheap because people can’t afford to buy them. Which means that revenues would be much lower for companies like Home Depot, Chipotle, etc.. this translates to layoffs, foreclosures, etc. Now, with that said, the Fed would have the power to step in, drop rates to 0%, and print more money (kinda like what they did in 2020). Not ideal but it’s just the laws of economics.
Yahoshua told us explicitly that wherever your treasure is, there your heart will be also. So guys, be prepared to lose everything even your life for messiah’s sake!!
So buy assets now because when hyper inflation hits those assets prices will sky rocket and wages wont keep up and money in the bank will become nothing, do i have this right?
5:00 the problem with social security is there are people who are on it that haven’t paid in or contribute to it. The social security tax that everyone pays only adds up to 500 billion dollars which is only 1/3 of the money put into it.
problem @12:59 can't pay off the debt if there are no jobs... That's the hole you were talking about. The reason for the depression was, no jobs... Melting up is a death spiral, the rich may money longer, but get ready they will be the first ones to be eaten.
This video assumes that fiscal decisions made by the government will be specifically for the purpose of managing the national debt, but we all witnessed how external factors such as "global disasters" can override debt considerations. Just something to consider in that the government will assume whatever power necessary in the name of "national security or an emergency".
Is hyperinflation bad? Ask Venezuela, Vimar Germany, Zimbabwe, etc. just take this situation. In 1914 the US dollar was worth $1 (100 cents) today it’s worth 3 cents. A loss of 97% of its value. Notice how families used to require 1 income earner working 9-5 to today. And that’s only since the 50s. Also printing money requires buyers. For the US government to keep spending like drunken sailors they issue bonds and there has to be a buyer for those bonds. Now it could be the FED that is the buyer but that means a totally centralized system where the government and the central banks are one. This becomes a problem with trade. Why would anyone then accept US dollars in trade for goods when the only thing that keeps the correct propped up is the US government which also includes the FED?? They wouldn’t.
He’s right the world is too much in debt from the government to everyday people. Printing money, while it causes inflation, erodes away the debt and gets debased along with the currency aka it makes the debt more manageable to pay back (obv wealth gap widening etc are side effects of this which is them just keeping the system afloat)
How to prepare yourself for this is you put your investment in heaven where no one can take. Put yourself closer relationship to God and invest in yourself to be strong character mentally, spirituelly. Go read about people with strong mind. So when tough times come you will be guided by holy spirit and your mentality will be ready for it.
🙏: Check Out the Bless God Prayer Journal Here: blessgod.shop
brian is the man. been watching his videos since the pandemic.
Plandemic
@@rich2209the fauci virus
Well this is a crossover I wasn't expecting
Invest in Jesus. the return on investment is crazy good!
@@JmSmith751 Jesus provides nothing on that return of investment.
@@iamtheoffenderofall your prayer request is noted my friend!
Best comment ever.
Thats an extremely irresponsible thing to say. Jesus even gave a parable about what to do with your money. Stop putting your hand in the religious sand.
“Pray as though everything depended on God. Work as though everything depended on you.”
- St. Augustine
This man does everything to be honest and transparent and doesnt fall into hype I love clearvaluetax ❤
It's so weird seeing my financial YT and my Spiritual YT converge 😂. I'm not use to this.
Mine, is a Jewish banker Peter Schiff and Spiritual advisor Mark Passio.
Money is Spiritual, money is one-eye or Mono-eye.
Jesus is King, Gold is Gods money and freedom to foolow his ways.
Freedom and prosperity is Patriarchal.
Witchcraft and Voodoo economics don't work and will continue to not work.
Haha thought the same
Yeah I watch both channels as well. It's a small world.
Brian's channel is on everyone's list after 2020.
High five me too! 😂😅
My brother is a builder. He’s already building Inlaw suites and basements for rich people who intend for their kids to live at home. They already know where this is going.
Because they planned everything. If you know you know.
Well to be frank with everyone who is surprised this isn't some new thing, maybe to Americans it is. Venezuela, Zimbabwe etc have already gone through all these scenarios. Outside of nuclear warfare, all the scenarios Americans view as doomsday scenarios are already playing out in third world countries. The average American is just too busy, or too ignorant to learn about the world outside of the US.
In America we do too much worrying about other countries.We send off billions of dollars a year to other countries for no reason. The countries that we do help in the past all started to turn There back on us. We have a whole country built off of doing things for other country. No country in the world has helped us as much as we have helped out the world.
@simba8665 it's because it's completely preventable in the US. Its just dumb policies that are pushing us this way.
So buy assets now because when hyper inflation hits those assets prices will sky rocket and wages wont keep up and money in the bank will become nothing, do i have this right?
I started watching Clear Value during the blue state lockdowns Brian is the best at giving real news
@@Benjaminlion829 no doubt. He has good info.
““Do not lay up for yourselves treasures on earth, where moth and rust destroy and where thieves break in and steal, but lay up for yourselves treasures in heaven, where neither moth nor rust destroys and where thieves do not break in and steal.”
Matthew 6:19-20
This verse and "be in debt to no one" are the ones I always struggle with. I'm trying to just worry about today but then when people I respect talk about being wise with money and investing in assets I 2nd guess myself.
I'm debt free and I rent. I waited a long time to get a 401k and now I'm wondering if I should buy a house lol.
@@Brokenhill42 considering that homes will just be more expensive to buy in the future and rents will keep going up, I pretty well agree with Dave Ramsey in saying that you should buy as soon as you reasonably can (which he defines as debt free heading into it with 3-6 months emergency fund past down payment, closing costs, and any immediate repairs/moving expenses, a little picky in my opinion but largely right).
Also, I've looked into commentaries on that verse about leaving no debt outstanding, and most say that just means make your payments on time. The borrower is slave to the lender similarly means you should think twice before taking out a debt, because it's a very significant obligation that you have to fulfill, or there can be dire consequences. It better be something worth it. Getting a shield from ongoing housing inflation can be worth it if you don't take on too much debt, especially if you can pay it off in a reasonable enough time frame. House and wealth are the inheritance of fathers, meaning getting access to a home to raise a family in and leave as an inheritance is something fathers should be seeking to do, and that may only be possible with a mortgage. Nowhere in scripture does it say being in debt is a sin, but it does have cautions about it, as it can often get in the way of your relationship with God and others. Just be wise and careful with debt, never overspend with it, never buy a complete liability with it (like a sports car or even too fancy/unaffordable a home). I've heard many strong believers set up a family rule of no debts besides 1. student loans (and be sure it's a worthwhile degree that can help you pay it back) 2. a car if you need to, never overspending, and 3. a home. Anything else will just rob you of future income without serving a worthwhile and positive purpose. Maybe a small, short term bridge debt that you pay off very quickly if you have to.
Personally, I only have 2 debts, student loans, and a mortgage on an undervalued house hack, where I'm getting help paying it back. And the student loans got me an education that allowed for a substantially higher income than I likely would have had otherwise, which is now allowing me to try to be a part of my parents' retirement even while navigating this difficult economy myself, something which is pleasing to God according to I Timothy 5. I plan to either pay off one debt or the other ASAP or invest further in more liquid assets if I'm sufficiently confident it will significantly outearn the debt. Or flip the property eventually if the timing of it is correct, and get out of all debt, including mom and dad's mortgage. I actually had much greater peace after purchasing the property after praying about it, knowing I'm trying to honor my parents and take care of them while facing a housing crisis and inflation, on top of student debt. Yes, the property has its problems, like repairs and tenants just not paying, but it's worthwhile and should have a good long-term trajectory of serving a good purpose.
@@Brokenhill42 i know same now im wonmdering if getting a house a new car are gonna be worth something but than that verse comes up and cuts deep.
This doesn't mean don't work, save or invest. It just means understand those things are temporary and don't forget to give to God while you do the things necessary for life.
"A good person leaves an inheritance for their children’s children..." (Proverbs 13:22). Investing is not laying treasures on Earth unless you're making that money an idol. Be a good steward of the money given to you.
"A loaf of bread for a day's wage".....
Exactly 3rd seal incoming
I've heard it approximated that a day's wage is $80!! 😱 Ya'all. I don't know where you are financially but, just temporarily integrate THAT into your finances!!!
All things considered, you might have to determine, who in your family gets to eat: what, how much, and when or what day.
You also have to determine whether or not going to work is even worth your time or if, you'd be better off dedicating all of your time to, hunting and gathering. Also, if you are hunting, there will be starving people whom, once they find out, they'll just steal the food that you hunted for.
We're not there. We had this in 1929 and we are still here today. Seals, bowls and trumpets are yet to come.
@@SomeUserNameBlahBlah not in this order brother first peace the first 3 years of trump later 2 seal taking out the peace of the world with gorge Floyd and Covid and the wars of Russia and Ukraine and Israel and Iran now everyone prognostication of a hyperinflation wish is the 3rd seal food waaaaay overly expensive ! Is not a coincidence buddy.
We leave at chapter 7 from 9-17
@itsdashoes good I have alot of food I'll be rich
My outlook on money changed when I realized someone making $300,000 can retire broke & someone making $80,000 can retire a multi-millionaire. With the current market movement, you have $60k to invest. Where are you investing it?
I'd avoid the index funds, mutual funds, or specific stocks for the time being. The 5% fixed incomes are the safest bet for now. Save your cash for when the market actually shows sign of recovery.
This is why I entrusted a fiduciary with my investmnt decisions. Many underestimate advisors until emotions lead to losses. My advisor crafted a tailored strategy aligning with my long-term goals, guiding entry and exit points for the equities I focus on. This has grown my portfolio to over $850k. My personal best so far
impressive gains! how can I get your advlsor please, if you dont mind me asking? I could really use a help as of now
Sophia Irene Powell is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
I started watching that guy during the pandemic. He's always been very direct and honest and I like watching him!
“is there a gold ad at the end of this?” underrated comment by Zach lol
Clear vaule tax isn't like thag though he wants to actually give it as it is
Clear Value stays looking pissed off, and I love him for it
😂
Always slightly annoyed 😂
Ruslan has been making fun of people that I’ve been saying stuff like this for years! Thank goodness he’s finally waking up
@@brandonwellington3547 are you just getting them
@@brandonwellington3547I think he just realizes in his success that normal people are hurting and like he said at the end of the video, the future of his kids.
@@brandonwellington3547well your vibes are off. Might need to recalibrate them.
Looks like the doom and gloom revelation 4 horse people weren’t crazy and under a different spirit after all
@@brandonwellington3547 a person using Jesus to make money? Never heard of it lol
I think the best is land where you can farm.. because if worst comes, you still have a land where you can cultivate food.
Until they raise the property taxes to the point you have to start selling it off. :(
@@luckdragongirl are they that strict? like you can't put it off for say 5 years? agri land should be the cheapest tax right? or is that only in PH?
@@mang_tomas yes it is the least expensive prop tax in my area
Talk to anyone who has lived in a country where these things have happened. I agree farm land is the best. But people become inhuman very fast. Violence and unrest increase dramatically. Infrastructure gets destroyed by people trying to loot metals from pipes and wiring. Food deliveries get hijacked. These stocks and bonds will all be worthless. Just pray it doesn't get so bad that your property rights are not ignored. Or worse.
Learn the edible plants around you. There are tens of thousands of edible plants but 90% of the human diet today is made up of only 40 of them. As long as you are not is a desert I guarantee you that you can find something edible.
Own your home as soon as possible. Downsize if needed. No matter what happens you will have a roof over you and your family’s head. You can figure out the rest from there.
Or just wait till your mortgage debt costs a weeks wages if what this guy is saying is true.
@@JB-em9po Fair enough. But I'm a bit skeptical of predictions like this. People have been predicting all sorts of financial calamities as of late. What if he is wrong and people go out and get an enormous mortgage only to find that they can't pay it off and default? I think your best bet is to focus on the basics. Pay off your mortgage as quickly as you can so you have a place to live. Then you can start taking on riskier ventures, that if they pay off then great, but if not, you still have a roof over your head. Personally I wouldn't try to predict the market. Research has shown doing that never works out. As Christians we are called to walk the narrow path and steward well. I try to focus on that.
My son was living in my rental house. He is moving back in with me. We are mortgage free but taxes and insurance are brutal.
This sounds great in theory....but it's not when you are living it.
Yeah thats what I was gonna say, property taxes will inflate before wages do
@@JB-em9po isn’t mortgage areas a weeks wage? lol
Well, thanks for the heads up. Time to be better at using what he has given us
Clearvaluetax grew his channel tremendously, by being honest straight to the point.
There seems to be one hole with this argument. Hyperinflation, at a rate of 1000%, would let the government repay the $30 trillion debt. But this would then be followed by a fiscal crisis since the government would need to finance spending in the newly worthless currency (basically going back into debt but this time 10x) and borrowing would become difficult or impossible since investors would demand exorbitant interest rates or just refuse to lend. The super rich would take their money and put it in another currency leaving the U.S. out to dry. The government would then keep printing even more money, which would keep the cycle going. Eventually, this inflation would make it hard to keep running government programs and services because their real value would go down resulting in giant cuts any way. You would also have a complete collapse in purchasing power. Prices would skyrocket wages and income would take a hit. Physical assets might still have some worth, but most assets would become severely distorted. Like who’s going to buy your gold if most people can’t pay for their food? The market for goods and services would grind to a halt because people and businesses can’t figure out how to price things correctly so you would end up with a free house but in bread lines to get food. Either situation is a lose lose for the government. The best option is to balance the budget, reform social security and Medicare and give it like 20-30 years for annual inflation to make the debt much more serviceable then accelerate paying it off. But that’s long term strategies when we got 4 years political cycles. There are no short term “fixes”.
Long term strategy would be communism 😢
This is what Zach was trying to express. The strategy is only so effective. Go far enough and things stop making sense
The argument itself isn’t wrong though.
Where there is a bad idea, there’s people either not knowledgeable enough, or not careful enough, to do it anyways.
And the current administration hasn’t been known for its good ideas so idk. Sounds about right to me.
@@danielbozhko I think you're forgetting that the US has assets. They would be able to sell off their assets that got inflated through hyperinflation and easily pay off the bills
As long as we have the petro dollar people cannot leave the USD behind.
Revelation 6:6 ESV
[6] And I heard what seemed to be a voice in the midst of the four living creatures, saying, “A quart of wheat for a denarius, and three quarts of barley for a denarius, and do not harm the oil and wine!”
Its only a matter of time. I dont know when it will be, but it seems closer than ever.
I was doing so well from 2019 up until 2022. 2023 and 2024 have both been a struggle. I’m about to cut back and get serious. I’m over it.
you know what i found out, the Navy, every year, they order brand new set of tools, super unique tools that cost millions, all brand new, even if the tool has never been used. They can just bring the old tools home. That is insane. There is no over sight on anyone in the government.
That’s not a unique phenomenon homie
When an agency C government or private has a budget of X. If there’s cash remaining after the budget period next time the budget could be reduced
When I was in it was “use it or lose it” Essentially it was you needed to spend what you had for a budget last year, or you’re new budget because what you didn’t use.. It’s a shit and wasteful system. All of the govt has gotta be the same. My AMU bought TVs for every room in the building, including the hallways…. Never turned on…
@@travisjacobson7126 but we gotta spend that budget cuz if we don’t next year we will get less money
Zach clearly panicking is so adorable to see 😭 but I feel your pain 😂
The times are full of signs that he will return soon. Eveyones true colors are coming out. You are with him or against him. You know what side you are on now. It's not too late to get on the winning team!
Thanks for sharing! We need more of this type of stuff!
Revelation says bread will cost a whole days pay. This thing is inevitable. Pray that the Father will give us the playbook when the time comes.
Right people are not reading revelation. Our time is almost up.
Re homes in hyperinflation- consider home value reassessment hence property tax and insurance going up
Great that he’s talking about the Federal Reserve. We need to abolish the Federal Reserve.
Pay doesn’t go down. You are laid off and then you have to take the same job for less money.
Wouldn't that mean your pay went down...?
This was a great video. More content like this is definitely welcomed!
Dave Ramsey talks about investing about investing way too late in his baby steps. Joe Sangl, who created I was Broke, Now I’m Not, who also talks to Christians about churches discusses to invest before you pay off debt, by investing the minimum. This way you do not miss out on compound interest. He also talks about how to invest more than 15% since most people end up investing too late in life.
Weather it is Ramsey, Crown Financial, Ron Blue they all are going to tell you to budget, save for emergency, pay off debt and invest. But the strategy is different and Joe sets you up for success in retirement far greater than any other person.
My issue with Ramsey he has made $$$ off the christian community by teaching folks to live like their grandparents (at least mine) - Tithe, Alms & Offerings, Live well below ur means, Flee debt, Save for rainy day, Save & invest, etc. etc.
Why is that bad? It literally works reliably, most people invest too late because they are in debt and have no margin.
ClearValue has that "bad news.....you're broker than you thought" CPA face
Funny to see Ruslan with this guy on Bless God Studios cause I've been watching since Covid 😅
Ditto
I love you Ruslan and Zach
Just gave my man Zach a sub…he completes this show bro
Already making moves to live under my means. Lord Jesus Christ please help our inflation 🙏🏻
Great topic. Thanks for covering this!
I been training my life to run efficiently on less of everything since the pandemic. 100% debt free.
ASSETS IS 100% the KEY
I’ve been watching him for years.
Yes to investments and real estate, but also businesses, skills, and other interest bearing vehicles. I started building two businesses five years ago after a master in finance, best decision I ever made. Project management and other jobs always have a cap, but you can supplement your income many ways to get the extra earnings you want. You must redeem the time.
I love that guy. I'm subscribed to him and have been watching his stuff for a while.
This is exactly what i watched as well.. buy gold and eth and bitcoin and land and houses..
68% are paycheck to paycheck now so ....
@BelieverStarcraft exactly what I'm thinking, assets will soar, but also food ofc, better buy lots of emergency food too
You said it - HOLD ASSETS!
Be Not afraid says the word of God.
Glad I’m not the only one frustrated that nobody talks about how mechanically simple it is to begin asset creation today. Simple, but not always easy. Often a mental block. Just do it friends and get started!
We have one years income saved in cash since my wife became a homemaker. Since then I’ve been buying stocks when the market is down +1%. Buy assets not things.
also DIVERSIFY - stocks, RE, land/commodities, metals, & etc.
Remember, it's not money that's the root of all evil but the love of it.
Jesus lives! ♥️ and is Yahweh God 🙏🏻 Christ ✝️ and King 👑
😅This is my guy💪🏽💪🏽 He be on it💯 i was like 📲'Love look who Rùs got on'😂💪🏽keepn every1 up on game‼️💪🏽💯
This guys legit!
Thankfully I started living by the bible years ago, got out of all debt, and started saving. The gold ad part was funny. Oddly though, me buying gold and silver when they went printing press crazy on the dollar is what has allowed me to explode my money value compared to any other avenue. My initial buy has nearly doubled in value just sitting there. Probably the only asset class the average person can afford to get into, although it is slowly starting to get quite expensive. Finance can be very easy, but the issue we have is not realizing time and assets are the vehicle to move forward. Especially in these times where the government is drunk off debt.
The USA GDP goes up every time inflation hit so the Deficit doesn’t looks as bad . 2020 GDP to depth ratios was 126% 2023 was 123% they borrowed more money but USA GDP grew because people salary went up with inflation.
Brian is great with showing samples. I learn how to trade option with his videos and the samples he provided.
Thank you for this video... Subbed!
John T Reed is a smart guy in ur neck of the woods (Bay Area, CA) wrote a great book "Hyperinflation/Depression" years ago - Highly Recommended (Unpaid Promo!). Income Rarely keeps up with Gov't created inflation (Fed $ Printing)
Why in the world would anyone believe it’s going to take 15 years for this to happen? invest in stocks? I’d say learn to grow food. Eating grass? Or sweet potatoes? I’d take the yam any day. 🍠
Love clear tax
Crime would increase insane if we had another depression
So keep going... I love this ❤😂😂😂
Like the WEF says “you will own nothing and you will be happy “ ,
Very dark times coming ! Trust in The Most High !
I think the simple answer is for how you brace for this is Find Jesus and get a trade
you know what, lets do it, 14 years of struggle for it to be good in the end. Us at the bottom, can work together.
My illegal neighbors just got 8 thousand dollars for crossing the border illegally of course there’s an spending problem
Call ice 🧊
You asked them? Is it a one time thing?
@@epinoob22 they won’t deport because of Joe biden and harris.
@@DoubleOhSilver They shouldn’t get anything, doesn’t matter if it’s one time or not.
Tell me you live in the hood without telling me you live in the hood 😂
The stock market is a good sign of this. It has been going up almost straight for a year. It needs to have a significant pull back but won,t do it. ALSO HEALTH CARE IS JUST WAY TO MUCH.
What’s going on around us with inflation is a no-brainer. I only have two kids and I already have a house. I’m gonna buy a house for each of my kids and they’re only seven and five right now. So they won’t have to worry about the situation.. that’s better than leaving them some money when I die
The problem with this is deflation is run by the market. You can print money all you want but if people are refusing to buy stuff at above market rates then you cant sustain inflation and black rock cant own every house in the US. You can already see deflation happening by looking at the housing and car market. There is a way to balance the budget without cutting social programs by simplifying it and getting rid of unnecessary govt jobs for example the IRS. We would make more if we did a flat tax of 10 percent and got rid of the IRS. You could also get rid of a lot of other govt agencies that really dont benefit the american people specifically three letter agencies if you catch my drift. National govt jobs are a significant drain on the economy and should be removed. You can see an example with Argentina.
We hope the assets go up. How do we know this guy is right?
Makes sense though.
I don't understand how index funds are assets. If the market crashes as in 1929 then won't they loose their value?
Yes! It's a gamble.
Yes, and you don't actually own the asset. It's a contract with the broker but you don't actually own the shares to hold them in your hands. If you don't hold it, you don't own it. So own physical assets that you hold. Gold, Silver, Real estate, Bitcoin, etc. I appreciate Ruslan shedding light on this topic because it's real (I have been doing videos since 2021 on this) but we as humans aren't realists. We are optimists because self-preservation is strong in us. We however, have the LORD and Scripture that tells us not to fear all these things will take place.
Also, my view is that hyperinflation is not a decade plus away but sooner because war is expensive and if the US is spending 2T in money it doesn't have during peace time, then how much will it spend during war time. Which is approaching soon. the LORD is our refuge, it's in Him we trust.. Take care.
The entire stock market is legal gambling or even an MLM.
They're recommending the worse assets to invest in lol. Buy gold and silver, don't listen to these guys
Should I use bitcoin then to invest?
That's money still
Praying Jesus Christ comes soon
Gold and Silver are always good assets for these situations
"When there's an economic depression there's a reset."
Well, that definitely sounds like the plan by the powers of this world...i.e. The Great Reset
You missed the point, they don’t want to reset the game because they are winning by owning most of the assets.
@rolfpierre8400 I understood the points that were being made. However, I was pointing out another major consideration that can heavily influence US economic policy. Logically, yes it would make sense to avoid a depression and a reset. However, there are other players and factors involved (i.e. the World Economic Forum) that are already expecting a global catastrophe such as a global depression and the subsequent need for a reset.
Naw bro tennessee is fed up with yall come from Cali
Its so amazing watching the light bulb go off when someone understands what inflation is. The only thing holding the value of the dollar up now his people's faith in it which is dissipating.
Isnt it ironic that deflation also would result in the mortgage scene being pillaged by lenders and defaults resulting in property displacement to those who are filling the same pockets in the end. It is a creature of many heads.
Nice cool trailer
Hey guys your little thing on social security the one guy asks if there’s a way to not pay into it….. in Canada we call social security the Canada pension plan. The way I avoid paying into it is I incorporated my company and I pay myself dividends so zero of my income goes to social security and I can now use that money to invest myself. Not sure if it works like that in USA but I’m sure it does. You would need to be incorporated so having your own business. If you’re an employee you can’t do it unless you’re a sub contractor which again would be like your own business. Social security is a scam you can do way better with your money investing it yourself . Never rely on the government
relax, its just canada !
In what universe does income ever go up at the same rate
You also get the taxes that come along with having a higher salary, but have less purchasing power.
Guys, it’s the law of supply and demand. In a deflationary situation, things would be cheap because people can’t afford to buy them. Which means that revenues would be much lower for companies like Home Depot, Chipotle, etc.. this translates to layoffs, foreclosures, etc. Now, with that said, the Fed would have the power to step in, drop rates to 0%, and print more money (kinda like what they did in 2020). Not ideal but it’s just the laws of economics.
Way fire
Yahoshua told us explicitly that wherever your treasure is, there your heart will be also. So guys, be prepared to lose everything even your life for messiah’s sake!!
So buy assets now because when hyper inflation hits those assets prices will sky rocket and wages wont keep up and money in the bank will become nothing, do i have this right?
I wouldn’t use Robinhood. … also I love seeing two of my favorite YT channels collide!
Build bad back better
5:00 the problem with social security is there are people who are on it that haven’t paid in or contribute to it. The social security tax that everyone pays only adds up to 500 billion dollars which is only 1/3 of the money put into it.
11:35 no one is giving those kinds of raises....
Barely got 4% with the last 10+% inflation
Get yourself an affordable homestead land, and tiny house van. That way you can live off grid and save up to buy more assets and ride the storm.
problem @12:59 can't pay off the debt if there are no jobs... That's the hole you were talking about. The reason for the depression was, no jobs... Melting up is a death spiral, the rich may money longer, but get ready they will be the first ones to be eaten.
This video assumes that fiscal decisions made by the government will be specifically for the purpose of managing the national debt, but we all witnessed how external factors such as "global disasters" can override debt considerations. Just something to consider in that the government will assume whatever power necessary in the name of "national security or an emergency".
10-20%+ saved and invested like Joseph in Egypt.
Is hyperinflation bad? Ask Venezuela, Vimar Germany, Zimbabwe, etc.
just take this situation. In 1914 the US dollar was worth $1 (100 cents) today it’s worth 3 cents. A loss of 97% of its value. Notice how families used to require 1 income earner working 9-5 to today. And that’s only since the 50s.
Also printing money requires buyers. For the US government to keep spending like drunken sailors they issue bonds and there has to be a buyer for those bonds. Now it could be the FED that is the buyer but that means a totally centralized system where the government and the central banks are one. This becomes a problem with trade. Why would anyone then accept US dollars in trade for goods when the only thing that keeps the correct propped up is the US government which also includes the FED?? They wouldn’t.
3rd seal coming 🤷🏽♂️
Bro you watch everybody channel. 😄 I use to watch this guy last year on investing and options trading
GOLD AND SILVER
Gold, silver, guns
Jeremiah 29: 5-7
Art
He’s right the world is too much in debt from the government to everyday people. Printing money, while it causes inflation, erodes away the debt and gets debased along with the currency aka it makes the debt more manageable to pay back (obv wealth gap widening etc are side effects of this which is them just keeping the system afloat)
How to prepare yourself for this is you put your investment in heaven where no one can take.
Put yourself closer relationship to God and invest in yourself to be strong character mentally, spirituelly. Go read about people with strong mind.
So when tough times come you will be guided by holy spirit and your mentality will be ready for it.