Money For the Rest of Us

Why you might want to lock in higher yields now, given real interest rates are the highest they have been in 15 years. Topics covered include: Sponsors Madison Trust Self-Directed IRA - Go Here to Learn More and Get Your $100 Off Promo Code Factor - Use code david50 to get 50% off your meal order Insiders Guide Email Newsletter Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter. Show Notes Jackson Hole Economic Policy Symposium: Structural Shifts in the Global Economy—Federal Reserve Bank of Kansas City Policymaking in an age of shifts and breaks by Christine Lagarde—European Central Bank Inflation: Progress and the Path Ahead by Jerome H. Powell—The Federal Reserve Bank Structural Shifts in the Global Economy: Structural Constraints on Growth by Chad Syverson—Federal Reserve Bank of Kansas City The Outlook for Long-Term Economic Growth by Charles I. Jones—Federal Reserve Bank of Kansas City Living with High Public Debt by Serkan Arslanalp and Barry Eichengreen—Federal Reserve Bank of Kansas City Monetary Policy and Innovation by Yueran Ma and Kaspar Zimmermann—Federal Reserve Bank of Kansas City See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

David shares how thieves recently tried to smash and grab his luggage from his car while he was still inside it. He then explores property crime trends, whether they are increasing or decreasing, and why. Topic covers include: Show Notes Chevron Oakland Hegenberger Rd—Yelp Myths and Realities: Understanding Recent Trends in Violent Crime by Ames Grawert and Noah Kim—Brennan Center for Justice Reported property crime rate in the United States from 1990 to 2021—Statista Pandemic, Social Unrest, and Crime in U.S. Cities: Year-End 2022 Update—Council on Criminal Justice CATALYTIC CONVERTER THEFTS NATIONWIDE SURGE ACCORDING TO NEW REPORT—Cision PR Newswire What the data says (and doesn’t say) about crime in the United States by John Gramlich—Pew Research Center Oakland’s crime rates are surging. Here’s how they compare with S.F. and other Bay Area cities by Susie Neilson—San Francisco Chronicle OAKLAND NAACP CALLS ON POLITICIANS TO CRACK DOWN ON CRIMINALS—California Policy Center Money under the mattress: economic crisis and crime by Eleni Kyrkopoulou, Alexandros Louka, and Kristin Fabbe—SSRN What Caused the Crime Decline? by Lauren-Brooke Eisen—Brennan Center for Justice What’s Behind All This ‘Shrink’? by Jordyn Holman—The New York Times Retail Theft Costs US Merchants Like Walmart and Target $100 Billion a Year—PYMNTS Retailers battle nearly $100 billion in shrink by Jason Straczewski—National Retail Federation 2022 Retail Security Survey—National Retail Federation US Retail Workers Are Fed Up and Quitting at Record Rates by Devin Leonard and Diana Bravo—Bloomberg See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

How to balance saving, investing, and spending for a fulfilling life. Why you will probably reach your peak net worth sooner than you think and should start drawing down your nest egg earlier. Why we can't optimize for a fulfilling life but can still have one. Topics covered include: Sponsors Monarch Money - Get an extended 30-day free trial NetSuite - Get your free KPI checklists Insiders Guide Email Newsletter Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter. Show Notes Die with Zero: Getting All You Can with Your Money and Your Life by Bill Perkins The Pathless Path: Imaging a New Story for Work and Life by Paul Millerd Four Thousand Weeks: Time Management for Mortals by Oliver Burkeman Anderson Cooper Is Still Learning to Live With Loss by David Marchese—The New York Times See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Three additional insights to help you confidently invest in fixed income. First, what are the different measures of bond yields, and which is best? Second, how to estimate the return for a bond ETF or fund and how long do you have to own it to achieve that annualized return? Finally, we explore a bond type that yields more than U.S. Treasuries, has never defaulted, and has the implicit guarantee of the U.S. government. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Sponsors Use code MONEY10 to get 10% off on your NAPA Autoparts online order NordVPN – Click here for a special offer Use this link to post your job for free on LinkedIn Jobs Insiders Guide Email Newsletter Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter. Show Notes State-Owned Enterprises Going Public: The Case of China by Xiaozu Wang, et al.—SSRN A Model of China's State Capitalism by Xi Li, et al.—SSRN Has China given up on state-owned enterprise reform? by Nicholas Borst—The Interpreter China Regulator’s New Slogan Fuels Buying Spree in State Firms by Bloomberg News—Bloomberg Investors sour on Beijing’s bid to boost state-owned enterprises by Sun Yu—The Financial Times China’s 40-Year Boom Is Over. What Comes Next? by Lingling Wei and Stella Yifan Xie—The Wall Street Journal What just happened: Storm clouds loom for China’s economy by Sebastian Mallaby, et al.—The Washington Post Imminent end of ‘demographic dividend’: Share of India’s working age population set to fall by 2036 by Tca Sharad Raghavan—The Print What’s Holding Back India’s Economic Ambitions? by Shan Li and Vibhuti Agarwal—The Wall Street Journal See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

From raging wildfires to devastating floods, how are these natural events reshaping our financial landscape? What if anything, should we be doing with our investments as a result? Topics covered include: Sponsors Use code MONEY10 to get 10% off on your NAPA Autoparts online order. Masterworks – invest in contemporary art Masterworks Disclosure: “net IRR” refers to the annualized internal rate of return net of all fees and costs, calculated from the offering closing date to the sale date. IRR may not be indicative of Masterworks paintings not yet sold, and past performance is not indicative of future results. See important Reg A disclosures: Masterworks.com/cd Insiders Guide Email Newsletter Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter. Show Notes Why the fires in Hawaii have been so bad—The Economist CAMS: monitoring extreme wildfire emissions in 2022—Copernicus A human-driven decline in global burned area by N. Andela et al.—Science Seasonal Trend for Europe—Copernicus Insurers rack up $50bn in losses from natural catastrophes this year by Ian Smith—The Financial Times World insurance market developments in 5 charts—Swiss Re Institute When Disaster Strikes: Preparing for Climate Change by Seán Nolan and Krishna Srinivasan—IMF California insurance market rattled by withdrawal of major companies by Michael R. Blood—AP Rising Temperatures Are Wreaking Havoc Year-Round by Zahra Hirji, Rachael Dottle, and Denise Lu—Bloomberg Climate Change Information for Regional Impact and for Risk Assessment by Roshanka Ranasinghe, et al.—IPCC The Science Before Science CO2 emissions (metric tons per capita)—The World Bank Related Episodes 340: Climate Change, ESG, and What Should Investors Do? 413: What if the World Stopped Shopping? 442: Crisis-Proof Investing: Strategies for a Shaky Future See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

We share five things we have learned about stock index valuations, earnings, currency, and why value investing isn't dead. Topics covered include: Sponsors Use code MONEY10 to get 10% off on your NAPA Autoparts online order. NetSuite – the leading integrated cloud business software suite Insiders Guide Email Newsletter Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter. Show Notes Asset Camp Money for the Rest of Us Plus Related Episodes 102: What It Takes To Be A Value Investor 261: Is Value Investing Dead? See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Given climate change and other risks, how should you invest for the next forty years? Topics covered include: Sponsors Madison Trust Self-Directed IRA - Go Here to Learn More and Get Your $100 Off Promo Code Factor - Use code david50 to get 50% off your meal order Insiders Guide Email Newsletter Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter. Show Notes The Third Wave by Alvin Toffler—Penguin Random House Parcel shipping index 2022—Pitney Bowes America Is Drowning in Packages by Amanda Mull—The Atlantic How to Spend Way Less Time on Email Every Day by Matt Plummer—Harvard Business Review World Population Prospects—United Nations Department of Economic and Social Affairs Global Climate Change Vital Signs—NASA Congestion Pricing Plan in New York City Clears Final Federal Hurdle by Ana Ley—The New York Times New Jersey Sues Over Congestion Pricing in New York City by Ana Ley—The New York Times How the World Really Works by Vaclav Smil—Penguin Random House Does Sam Altman Know What He's Creating? by Ross Andersen—The Atlantic The Economic Cost of Houston’s Heat: ‘I Don’t Want to Be Here Anymore’ by Rachel Wolfe and Amara Omeokwe—The Wall Street Journal SEC Proposes Rules to Enhance and Standardize Climate-Related Disclosures for Investors—U.S. Securities and Exchange Commission SEC’s Climate-Disclosure Rule Isn’t Here, but It May as Well Be, Many Businesses Say by Richard Vanderford—The Wall Street Journal Market Myopia's Climate Bubble by Madison Condon—Boston University School of Law What Really Happens to the Clothes You Donate by Oliver Franklin-Wallis—GQ OpenAI's Sam Altman launches Worldcoin crypto project by Anna Tong—Reuters Worldcoin’s premise is a disturbing one by Tabby Kinder—The Financial Times See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

In 2005, Congress debated giving U.S. workers private savings accounts to invest their Social Security contributions in the stock and bond markets. Sixteen years later, we review how that would have worked out for workers. Other topics discussed include: Sponsors Madison Trust Self-Directed IRA - Go Here to Learn More and Get Your $100 Off Promo Code Factor - Use code david50 to get 50% off your meal order Use this link to post your job for free on LinkedIn Jobs Insiders Guide Email Newsletter Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter. Show Notes Greenspan "There is nothing to prevent the government from creating as much money as it wants."—YouTube Estimated Financial Effects of the "Social Security Personal Savings Guarantee and Prosperity Act of 2005" by Stephen C. Goss—Social Security Administration Social Security Quick Calculator—Social Security Administration The average 401(k) balance by age by Pau Deer—Empower CBO’s 2022 Long-Term Projections for Social Security—Congressional Budget Office Policy Basics: Top Ten Facts about Social Security—Center On Budget and Policy Priorities Evaluation of Four Decades of Pension Privatization in Latin America, 1980-2020: Promises and Reality by Carmelo Mesa-Lago—SSRN Population Age Structure and Secular Secular Stagnation: The Long Run Evidence by Joseph Kopecky—SSRN Does Human Capital Compensate for Depopulation? by M. Siskova, Michael Kuhn, Klaus Prettner, Alexia Fürnkranz-Prskawetz—SSRN How Much Do Public Employees Value Defined Benefit versus Defined Contribution Retirement Benefits? by Oliver Giesecke and Joshua D. Rauh—SSRN See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

How to mitigate the risk of investing on crowdfunding platforms where there is little transparency on the underlying financial health of the platform company. Topics covered include: Sponsors Madison Trust Self-Directed IRA - Go Here to Learn More and Get Your $100 Off Promo Code Use code MONEY10 to get 10% off on your NAPA Autoparts online order. Insiders Guide Email Newsletter Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter. Show Notes Amazon: Independent Sellers In The U.S. Sold More Than 4.1 Billion Products in 2022 by SGB Media—SGB Media PeerStreet LinkedIn Post by Brett Crosby—LinkedIn Crowdfunding platform PeerStreet files for bankruptcy by Flávia Furlan Nunes—Housingwire AI Was Q2’s Big Hope To Reverse The Global Venture Funding Slowdown. It Wasn’t Enough by Gené Teare—Crunchbase VC finds its footing as headwinds weaken by James Thorn—PitchBook PitchBook-NVCA Venture Monitor—PitchBook Cases FAQ—Stretto Real estate debt marketplace PeerStreet files for bankruptcy by Matt Carter—inman BlockFi Bet Big on FTX and Alameda Even After Seeing Infamous Balance Sheet, Creditors Say by Jack Schickler—CoinDesk Related Episodes 253: Are IPOs the New Ponzi Scheme? 301: Use Caution with Alternative Investments 393: What Happens If Your Brokerage Firm Goes Bankrupt See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

AI models like ChatGPT could lead to massive productivity gains, accelerated economic growth, and higher stock returns. Here's how to invest in AI. Topics covered include: For more information on this episode click here. Sponsors NetSuite – the leading integrated cloud business software suite Masterworks – invest in contemporary art Masterworks Disclosure: “net IRR” refers to the annualized internal rate of return net of all fees and costs, calculated from the offering closing date to the sale date. IRR may not be indicative of Masterworks paintings not yet sold, and past performance is not indicative of future results. See important Reg A disclosures: Masterworks.com/cd Show Notes Sarah Silverman Sues OpenAI and Meta Over Copyright Infringement by Zachary Small—The New York Times ChatGPT saw its first-ever user decline in June by Igor Bonifacic—Engadget A New Chat Bot Is a ‘Code Red’ for Google’s Search Business by Nico Grant and Cade Metz—The New York Times How to get a handle on AI’s many implications for economies and markets by Neil Shearing—Capital Economics Lessons From the Catastrophic Failure of the Metaverse by Kate Wagner—The Nation To Drive AI, Chip Makers Stack ‘Chiplets’ Like Lego Blocks by Yang Jie—The Wall Street Journal Investments Mentioned iShares Semiconductor ETF (SOXX) Roundhill Generative AI & Technology ETF (CHAT) Robo Global® Artificial Intelligence ETF (THNQ) iShares Robotics & Artificial Intelligence Multisector ETF (IRBO) iShares Exponential Technologies ETF (XT) Vanguard Total World Stock ETF (VT) Related Episodes 184: Massive Job Losses Are Inevitable, But There Will Still Be Work 198: Capitalism Is Creation 256: Will Artificial Intelligence Change Investing? 417: Will Generative AI Replace Your Job? See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Camden and Bret sit down with Ramit Sethi, host of Netflix’s hit show, “How to Get Rich”, author of the New York Times bestseller, “I Will Teach You To Be Rich” and host of the popular “I Will Teach You To Be Rich” podcast. He is known for his unconventional insights on money psychology and his no-nonsense approach to designing and living a rich life. Ramit’s financial philosophy is centered around several key principles, including the importance of automating your finances, using money psychology to prioritize your “money dials,” and focusing on $30,000 questions instead of $3 ones. Topics covered include: For more information on this episode click here. Episode Sponsors NordVPN – Click here for a special offer Use code MONEY10 to get 10% off on your NAPA Autoparts online order. Masterworks – invest in contemporary art Masterworks Disclosure: “net IRR” refers to the annualized internal rate of return net of all fees and costs, calculated from the offering closing date to the sale date. IRR may not be indicative of Masterworks paintings not yet sold, and past performance is not indicative of future results. See important Reg A disclosures: Masterworks.com/cd Show Notes I Will Teach You to Be Rich Related Episodes 278: You Have Permission to Spend 437: How to Live Like You Are Already Retired See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

How to create and sustain a life of freedom and happiness you don't want to retire from. Topics covered include: For more information on this episode click here. Sponsors Money Pickle – Schedule a free 45-minute video chat with a vetted financial advisor and ask them anything about your financial situation. Go here to schedule your free session. Use code MONEY10 to get 10% off on your NAPA Autoparts online order. Insiders Guide Email Newsletter Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter. Show Notes Politics by Aristotle How Much is Enough? Money and the Good Life by Robert Skidelsky and Edward Skidelsky—Penguin Random House Cormac McCarthy Had a Remarkable Literary Career. It Could Never Happen Now. by Dan Sinykin—The New York Times Soloing: Realizing Your Life's Ambition by Harriet Rubin—HarperCollins Saving Time: Discovering a Life Beyond the Clock by Jenny Odell—Penguin Random House An Early Resurrection: Life in Christ Before You Die by Adam S. Miller—Deseret Book Four Thousand Weeks: Time Management for Mortals by Oliver Burkeman—Macmillan Publishers Time Surfing Related Episodes 19: Live Like You’re Already Retired 117: The Retirement Journey 371: Find Your Retirement Investing and Living Style See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

We review the performance and investment prospects for carbon, SPACs, silver, convertible bonds, and frontier markets. Topics covered: For more information on this episode click here. Sponsors Masterworks – invest in contemporary art Masterworks Disclosure: “net IRR” refers to the annualized internal rate of return net of all fees and costs, calculated from the offering closing date to the sale date. IRR may not be indicative of Masterworks paintings not yet sold, and past performance is not indicative of future results. See important Reg A disclosures: Masterworks.com/cd Use code MONEY10 to get 10% off on your NAPA Autoparts online order. Insiders Guide Email Newsletter Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter. Show Notes Initial Public Offerings: Updated Statistics by Jay R. Ritter—Warrington College of Business, University of Florida Two SPAC ETFs Close in One Month, Suggesting End to Wall Street Boom by Emily Graffeo—Bloomberg Investments Mentioned Vanguard Total World Stock Market ETF (VT) SPAC and New Issue ETF (SPCX) iShares Convertible Bond ETF (ICVT) iShares Silver Trust (SLV) ProShares Ultra Silver (AGQ) iShares Fronter and Select EM ETF (FM) Kraneshares Global Carbon ETF (KRBN) Related Content 318: What Are SPACs and Should You Invest in Them? 330: Is Silver the Next GameStop? How to Invest in Silver A Complete Guide To Investing In Convertible Bonds The Opportunity and Risk of Frontier Markets What You Need to Know About Carbon Investing and its Effect on Climate Change See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

How to decide whether to rent a house or apartment or purchase a home or condo. What has been the financial return from owning a house? Topics covered include: For more information on this episode click here. Sponsors NetSuite – the leading integrated cloud business software suite Use code MONEY10 to get 10% off on your NAPA Autoparts online order. Insiders Guide Email Newsletter Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter. Show Notes The housing theory of everything by John Myers & Ben Southwood & Sam Bowman—Works in Progress Irish property: the boom that shows no signs of slowing by Jude Webber—The Financial Times Whatever Happened to the Starter Home? by Emily Badger—The New York Times The Housing Revolution Is Coming by M. Nolan Gray—The Atlantic In Today’s Housing Market, It’s Timing Over Location by Joe Pinsker—The Wall Street Journal The Rate of Return on Real Estate: Long-Run Micro-Level Evidence by David Chambers, Christophe Spaenjers, and Eva Steiner—Oxford Academic The Rate of Return on Everything, 1870–2015 by Òscar Jordà, Katharina Knoll, Dmitry Kuvshinov, Moritz Schularick, and Alan M. Taylor—National Bureau of Economic Research See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Why equity real estate investment trusts should be part of your investment portfolio despite the office sector's struggles. Topics covered include: For more information on this episode click here. Sponsors Brooklinen - Get 20% off for their Memorial Day weekend sale Money Pickle – Schedule a free 45-minute video chat with a vetted financial advisor and ask them anything about your financial situation. Go here to schedule your free session. Insiders Guide Email Newsletter Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter. Show Notes Slow Return to Work Pummels Office Stocks by Peter Grant—The Wall Street Journal REITs Likely to Attract Growing Interest from Private Real Estate Funds by Sarah Borchersen-Keto—Nareit Related Content 414: Use Caution with Private REITs like Blackstone’s BREIT A Complete Guide to Equity REIT Investing See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

What are the grave consequences if the U.S. debt ceiling isn't increased and the government defaults? What would the Federal Reserve and the Executive Branch do to prevent default if Congress doesn't act? Topics covered include: For more information on this episode click here. Sponsors Use code MONEY10 to get 10% off on your NAPA Autoparts online order. Masterworks – invest in contemporary art Masterworks Disclosure: “net IRR” refers to the annualized internal rate of return net of all fees and costs, calculated from the offering closing date to the sale date. IRR may not be indicative of Masterworks paintings not yet sold, and past performance is not indicative of future results. See important Reg A disclosures: Masterworks.com/cd Masterworks’ offerings are filed with the SEC, view all past and current offerings here. Insiders Guide Email Newsletter Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter. Show Notes The Debt Limit Since 2011—Congressional Research Service 7 doomsday scenarios if the U.S. crashes through the debt ceiling by Jeff Stein—The Washington Post A debt ceiling default would send the U.S. housing market back into a deep freeze by Jeff Tucker—Zillow Why is federal spending so hard to cut? — Recurring debt ceiling fights will only be solved by budget reform by Linda Bilmes—Brookings Debt Limit Default Is Default, Even Under a “Prioritization” Scheme by Richard Kogan—Center on Budget and Policy Priorities Why I Changed My Mind on the Debt Limit by Laurence H. Tribe—The New York Times The Trillion-Dollar Coin Might Be the Least Bad Option by Annie Lowrey—The Atlantic If U.S. again risks default, Fed has 'loathsome' playbook by Ann Saphir—Reuters Related Episodes 169: The Debt Ceiling—What Happens If the U.S. Defaults 416: Your Nation’s National Debt: 5 Things You Need To Know See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Does there need to be a loser for every winner when it comes to investing and economic growth? Topics covered include: For more information on this episode click here. Sponsors Go to GetSunday.com/David to get a customized lawn plan and 50% off your first Sunday Lawn Care box. Use code MONEY10 to get 10% off on your NAPA Autoparts online order. Insiders Guide Email Newsletter Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter. Show Notes With the Odds on Their Side, They Still Couldn’t Beat the Market by Jeff Sommer—The New York Times International Diversification—Still Not Crazy after All These Years by Cliff Asness, Antti Ilmanen, and Daniel Villalon—AQR The (Time-Varying) Importance of Disaster Risk by Ivo Welch—The Financial Analysts' Journal The Economics of Biodiversity: The Dasgupta Review by Dasgupta P.—GOV.UK Why the economy is not a zero-sum game: a simple explanation by Nathan Mech—Acton Institute Defending the Free Market: The Moral Case for a Free Economy by Robert Sirico Rents: How Marketing Causes Inequality by Gerrit De Geest The Threat of Rent Extraction in a Resource-constrained Future by Stratford B.—White Rose Research Online Related Episodes 421: Beware of Survivorship Bias When Investing 426: Which is Best – Active or Passive, ETFs or Funds? 430: How Should Personal and National Wealth Be Measured? See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Why you should allocate a small percentage of your assets to gold. Topics covered include: For more information on this episode click here. Sponsors Hello Fresh – Use code 16david for 16 free meals with free shipping from Hello Fresh NetSuite – the leading integrated cloud business software suite Insiders Guide Email Newsletter Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter. Show Notes Central banks load up on gold in response to rising geopolitical tensions by Daria Mosolova—The Financial Times Above-ground stocks—Gold Hub Central bank holdings—Gold Hub Does the Federal Reserve own or hold gold?—The Federal Reserve Trey Reik—LinkedIn M2 and Components—FRED Gold Charts R Us Related Episodes 37: Gold – Without the Hype and Politics 53: Should You Invest In Bitcoin? 59: Is Gold Money? 263: Should You Invest In Gold? 344: Why Should You Care About Shadow Banking? See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

How we measure wealth, riches, abundance, and well-being is more important today than ever. Topics covered include: For more information on this episode click here. Sponsors Money Pickle – Schedule a free 45-minute video chat with a vetted financial advisor and ask them anything about your financial situation. Go here to schedule your free session. Brooklinen Use code DAVID20 for $20 off plus free shipping Insiders Guide Email Newsletter Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter. Show Notes An Inquiry into the Nature and Causes of the Wealth of Nations by Adam Smith—Early Modern Texts About Adam Smith—Adam Smith Institute An Inquiry Into the Nature and Origin of Public Wealth and Into the Means and Causes of Its Increase by The Earl of Lauderdale—McMaster University Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail by Ray Dalio—Simon & Schuster The Economics of Biodiversity: The Dasgupta Review—GOV.UK Less Is More: How Degrowth Will Save the World by Jason Hickel—Penguin Random House Economic Possibilities for Our Grandchildren by John Maynard Keynes—Yale America’s economic outperformance is a marvel to behold—The Economist How Much is Enough? Money and the Good Life by Robert Skidelsky and Edward Skidelsky—Penguin Random House Related Episodes 8: What If Everyone Worked Only Four Hours Per Day? 142: Why Are Some Nations Wealthier Than Others? 282: Is GDP the Best Measure of Happiness and Well-Being? 300: Ray Dalio and the Changing World Order See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.