Posts by Matthew Erickson

Economic Fallout: We’re Just Getting Started

Join my private FB group! When you only have a single tool in your toolkit, eventually your solutions will just make the problem worse. For years, governments have had a single response to every recession: create more debt. As a result, businesses and consumers are drowning in debt with very little cash to see them…

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The Treasury Dept Just Gave Wall Street Guaranteed Profits

Join my private FB group! Congress just passed a $2 TRILLION bill for “coronavirus relief,” the largest stimulus bill ever passed in the US. For now, all the headlines are focusing on the $1200 checks for people making less than $75,000. But in order to fund this plan, the US Treasury will be issuing trillions…

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What the $2 Trillion Stimulus Means for You

Join my private FB group! The stimulus package during the 2008 housing crisis totaled around $1 trillion. The Fed also added around $700 billion as part of QE1. At the time, it was unheard of for the government to spend that much. My, how times have changed. Today, the White House and Senate announced that…

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What Happens Next: Inflation, Deflation, & the Economy of Tomorrow

Join my private FB group! The Fed has dumped trillions into the market in the last couple weeks alone. It’s slashed rates to zero and eliminated the reserve requirement. And on Monday, it announced that it would purchase Treasurys and mortgage-backed securities without limits. The SARS-CoV-2 virus has ripped away the band-aids and revealed gaping…

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How To Survive In The New Economy, with Nate Hirsch

Join my private FB group! Nate Hirsch has an awesome story. He’s only 30, but he’s already started multiple 8-figure companies. He started his first company buying and selling textbooks out of his college dorm room. Over 5 years, he and his business partner scaled Portlight to over $25 million in total sales. After endless…

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Turmoil Continues: Here’s When You Can Expect To See It End

Join my private FB group! That’s it. It only took a few days, but we’ve already lost all the gains in the stock market since Obama left office. The Fed cut rates to zero and eliminated the reserve requirement. The government is talking about trillion dollar bailouts and direct cash payments. They’re doing everything they…

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6 Trillion In Losses: What You MUST Know To Be Protected

Join my private FB group! The stock market took an absolute dump in the last couple days. Investors are scattering like rats on a sinking ship. When times are good, it seems like everyone’s a financial planner. As long as everything keeps going up, it’s easy to make money. But the people who know what…

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How the Coronavirus Is Mutating Our Economy

Join my private FB group! The coronavirus is making landfall in the US, and it’s only accelerating the economic changes that were already underway. Work from home and automation will only increase–and increase faster–as our economy adapts to this new threat. But the coronavirus isn’t the only thing going viral. A Detroit auto worker confronted…

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Oil Prices, Coronavirus, and the Debt-Fueled Economy

Join my private FB group! The magic of the internet is that anyone can get their message in front of thousands or millions of people at any time. But everyone has an agenda. And we’re emotional beings. So everyone is motivated to play on the emotions of everyone else. “If it bleeds, it leads” is…

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