In this episode, Michael looks into the history of money and how the economy works.
Mentions in the episode:
- Coming off the gold standard
- Fractional banking system
- Understanding why central banks are printing money
- Understanding that most of the money in our society is actually debt, not physical cash.
He talks about how he is trying to leverage debt and is actively looking for new deals to generate income by leveraging debt, particularly with his new venture Forestry Crowd.
Show Notes:
How the Economic Machine Works - Ray Dalio
https://www.youtube.com/watch?v=PHe0bXAIuk0
The History of Money:
https://www.youtube.com/watch?v=2nBPN-MKefA
What Would Ramit Say?
Da Simple Life
The Theory of FIRE
The 7 Steps to FI
Enough is Enough
The Mrs Smart Money Interview - Part 2
The Mrs Smart Money Interview - Part 1
Good & Bad Money Spending Habits
Travel & FIRE, with Stephen
Property VS Stocks, With Andrew
I Don't Really Want to Retire Early - Interview with Tom - Part 2
The Gen Z FIRE Blueprint - Interview with Tom - Part 1
The Money Flamingo Tribute
Your Questions Answered 2023
How to Get Started in Buying Investment Property
Ways to Increase Your Income - Part 4
Introducing the 20:20 Rule
The Great Supermarket Ripoff
Are Solar Panels a Good Investment?
The Art of Money and Communication Interview
Create your
podcast in
minutes
It is Free
U.S Property Podcast
Aligned Money Show
Dubai Property Podcast
The Ramsey Show
The Clark Howard Podcast