How-to & Style

admin
0 Views ยท 12 months ago

How to Get Rich - The Reality of Getting Rich
Sign up for FREE and start learning today: https://brilliant.org/aperture
Follow me!: https://www.instagram.com/mcewen/

It's what every person has asked themselves at least once before. How do I get rich? How can I make the most money possible? How to become a millionaire?

I get it, being rich is sick, but have you really ever considered how much it actually takes to get there? It's a lot, and this is going to have side effects. This is the reality of getting rich, and why you should actually aspire to be wealthy... in every way possible.

Anyway, here's the reality of getting rich.

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I highly suggest you read up on Naval Ravikant's "How to Get Rich." It essentially formed the basis for this entire video: https://nav.al/rich

Also, he's just a really smart guy. (If you're reading this Naval, let's talk?)

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Want to start investing? Sign up with Robinhood, link your bank account, and we both get a free stock! (Tesla, Apple, Microsoft, Facebook, etc.): http://join.robinhood.com/mikem390

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Stay connected with Aperture:
Join the community Discord!: https://discord.gg/aperture
Instagram: https://www.instagram.com/theapertureyt/
Twitter: https://twitter.com/TheApertureYT
Patreon: https://www.patreon.com/ApertureYT

Click here to customize your own PC: https://ironsidecomputers.com

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๐Ÿ“– Some of my favorite books:

Pale Blue Dot: A Vision of the Human Future in Space by Carl Sagan
https://amzn.to/2T7YmAZ

A Universe from Nothing by Lawrence M. Krauss:
https://amzn.to/2GSCKlw

What If?: Serious Scientific Answers to Absurd Hypothetical Questions
https://amzn.to/2tHCsVM

A Brief History of Time by Stephen Hawking:
https://amzn.to/2T87GEE

The Grand Design by Stephen Hawking:
https://amzn.to/2EDJPUu

How to Win Friends & Influence People by Dale Carnegie:
https://amzn.to/2UeOiTg

Crushing It by Gary Vaynerchuk:
https://amzn.to/2H7NlIz

The Intelligent Investor by Benjamin Graham:
https://amzn.to/2UdSNgO

admin
2 Views ยท 12 months ago

My new book $100M Leads is now LIVE. Grab your copy on Amazon here ๐Ÿ‘‡
https://a.co/d/i1UPzCN

----
*Local Business Owners* I'm looking to invest in chains with at least $1M in combined annual PROFIT who want to scale. If that's you , would love to chat. Click the link below to fill out the form:
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For everyone else, I make my money buying and growing businesses. I make this free content with the hopes you use it to grow your business enough to partner with us.

admin
2 Views ยท 12 months ago

Each and every one of us must at some point decide what path we will followโ€”that of the entrepreneur or that of the employee. Which will you choose?

To make that choice easier we share with you the 7 Rich Dad Lessons that every entrepreneur and investor must know. These are the lessons you need to increase your financial literacy and get richer.

Robert Kiyosaki shares with you the secrets of the rich. Only a tenacious few will push forward and put these lessons into practice. The choice is yours.

#robertkiyosaki #richdadpoordad #financialeducation

https://www.richdad.com/

Facebook: @RobertKiyosaki
https://www.facebook.com/RobertKiyosaki/

Twitter: @TheRealKiyosaki
https://twitter.com/theRealKiyosaki

Instagram: @TheRealKiyosaki
https://www.instagram.com/therealkiyosaki/

admin
1 Views ยท 12 months ago

I donโ€™t wake up early, I donโ€™t journal, and I donโ€™t even workout every day. That didnโ€™t stop me from climbing my way out of 6-figure debt to making my first million at age 32. Iโ€™m sure youโ€™ve heard about all the habits that you should be doing, but in my experience these are the only 6 that REALLY matter.

***ATTENTION: My social media handle is @itsrosehan ***
That's my official account, and I will NEVER message you about investment schemes, so please be careful and block & report any scammers posing as me.

TIMESTAMPS
00:00:45 - Habit #1
00:02:30 - Habit #2
00:04:20 - Habit #3
00:06:45 - Habit #4
00:08:50 - Habit #5
00:10:25 - Habit #6

__________

***THINGS MENTIONED IN THIS VIDEO! ๐Ÿ‘€***

๐Ÿ’ซ Asana, the productivity software that I use: https://asana.com/
๐Ÿ’ซ Your Best Year Ever by Michael Hyatt (book): https://amzn.to/3mEOz4X
๐Ÿ’ซ Time Genius by Marie Forleo (course): https://www.marieforleo.com/time-genius

__________

***BOOKS I RECOMMEND ๐Ÿ“š***

I Will Teach You to Be Rich (hilarious how-to book on personal finance for millennials)
https://amzn.to/2VbJ1Pt

The Little Book of Common Sense Investing (Jack Bogle's classic advice on index funds)
https://amzn.to/32ewzjj

InvestED (step-by-step, millennial-friendly advice on how to pick stocks like Warren Buffett)
https://amzn.to/2SLTYpn

Unshakeable (this book = courage. blast ALL the fears & misconceptions you have about investing)
https://amzn.to/2SKyklt

Rich Dad Poor Dad (#1 selling personal finance book of all time... need I say more?)
https://amzn.to/2SJ6vtx

Think and Grow Rich (the ultimate book on money mindset and wealth consciousness)
https://amzn.to/37N2adc

________

***MY FAVORITE MONEY TOOLS ๐Ÿ–ค***

YNAB (I literally can't live without this budgeting app, so obsessed)
https://www.youneedabudget.com/?ref=YkZbz4082iUstrX7&utm_source=customer_referral

Wise (like Venmo but for international currencies - I use this app a LOT for my life in Mexico)
https://wise.prf.hn/l/413jE0q

Ledger Nano S (crypto storage hardware wallet, because "Not Your Keys, Not Your Crypto"!):
https://amzn.to/3Ne37jy

__________

DISCLAIMERS & DISCLOSURES โค

This content is for education and entertainment purposes only. Rose does not provide tax or investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal.

This description contains affiliate links that allow you to find the items mentioned in this video and support the channel at no cost to you. Investing With Rose is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to www.amazon.com. Thank you for your support!

__________


SAY HI ON SOCIAL! ๐Ÿ‘‹๐Ÿผ
Website: https://www.rosehan.com
Instagram: http://instagram.com/itsrosehan
TikTok: https://www.tiktok.com/@itsrosehan
Pinterest: https://pinterest.com/itsrosehan

admin
0 Views ยท 12 months ago

There are a million ways to make a million dollars and this is how Tim Ferriss did it.
Tim Ferriss is someone who we routinely follow because heโ€™s always doing something interesting or has something smart to say.

Ferriss is a successful author, entrepreneur, investor, public speaker and human guinea pig, as he likes to refer to himself.

With an estimated net worth of over 100 million USD, he has flipped the script on conventional wealth building.

Thereโ€™s a lot to learn from him so here is how to get rich, according to Tim Ferriss.

How To Get Rich According To Warren Buffet โ€” https://youtu.be/8JTWlWFJjY0
How To Get Rich, According To โ€” https://youtube.com/playlist?l....ist=PLP35LyTOQVIv5vJ

Have a look at our premium courses: https://courses.alux.com

In this Alux.com video we will be answering the following questions:
How To Get Rich According To Tim Ferriss?
How did Tim Ferriss got rich?

________
00:00 - Intro
00:36 - Design your life before your wealth
02:04 - Become a Master of Outsourcing.
03:57 - Mini-Retirements.
06:00 - Fear-setting of goal-setting
07:58 - Invest in learning
09:03 - Build a personal brand
09:57 - Think big, but take super small steps
11:25 - Network differently
12:38 - Master the art of saying โ€œnoโ€
14:08 - Enjoy the journey


-
Get Rich Playlist: https://www.youtube.com/playli....st?list=PLP35LyTOQVI

Take Action Playlist: https://www.youtube.com/playli....st?list=PLP35LyTOQVI

All Sunday Motivational Videos: https://www.youtube.com/playli....st?list=PLP35LyTOQVI

Book Club: https://www.youtube.com/playli....st?list=PLP35LyTOQVI
-
Social Media:
https://www.instagram.com/alux/
https://www.facebook.com/alux
https://www.twitter.com/aluxcom
---
Alux.com is the largest community of luxury & fine living enthusiasts in the world. We are the #1 online resource for ranking the most expensive things in the world and frequently referenced in publications such as Forbes, USAToday, Wikipedia and many more, as the GO-TO destination for luxury content!

Our website: https://www.alux.com is the largest social network for people who are passionate about LUXURY! Join today!

SUBSCRIBE so you never miss another video: https://goo.gl/KPRQT8
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To see how rich is your favorite celebrity go to: https://www.alux.com/networth/
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For businesses inquiries we're available at:
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admin
1 Views ยท 12 months ago

This is how I started making $10,000/month when I was reading a book per week: https://youtu.be/gNRGkMeITVU

Connect With Me On Other Platforms:

Instagram: @imangadzhi
Twitter: @GadzhiIman

admin
1 Views ยท 12 months ago

People Spend More #Money in Buying Liabilities than Buying #Assets that Makes them Real #Rich!
There is Nothing in Show Off. Understand the Real Rules of Getting Rich in Life in this Video

#PRT #PushkarRajThakur #RichMindset

๐Ÿ‘‰ Open Free Demat Account on Upstox: https://bit.ly/UpstoxFreeAc

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Start Investing in Stock Market by Opening Your Free account & Get Rs 500 Free Brokerage. Additional Benefits Worth up to Rs.7,099. They have In-house Research Advisory and provide Recommendation on Commodity too. You can also Refer & Earn Money on ICICI Direct. Open Your account to get multiple other benefits.

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About Pushkar Raj Thakur :

Pushkar Raj Thakur is India's Leading Motivational Speaker & Business Coach. With over 5 Million Subscribers on YouTube & Millions of Followers on all other Social Media Platforms, he is known for his versatile knowledge on Financial Education, Personal Mastery, Sales, Marketing, Human Psychology & Business Development.

#FinancialEducation #ShareMarket

Follow us on:

Telegram: https://bit.ly/PushkarRajThakurOfficial

Facebook: http://bit.ly/2TkyIYo

Instagram: http://bit.ly/2FH6b7z

Youtube: http://bit.ly/2FLcZkp

Twitter: http://bit.ly/2tcDOvd

LinkedIn:http://bit.ly/2RfJWel

http://www.pushkarrajthakur.com/

To Join our Courses, Call @ 9999470710

admin
3 Views ยท 12 months ago

โ–บ Go to https://NordVPN.com/jamesjani and use code JAMESJANI to get a 2-year plan
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"Get Rich Quick Gurus" are nothing new, my video "The Rise of Fake Gurus" took a dive into some of the modern-day examples of these schemes and individuals, but in today's video we're going to take a look into the history and tactics commonly found throughout Get Rich Quick Schemes, and more importantly: why they work.


******
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๐—Ÿ๐—˜๐—ง'๐—ฆ ๐—–๐—ข๐—ก๐—ก๐—˜๐—–๐—ง:
๐Ÿ“ธ IG: james.v.j // https://bit.ly/2TOaBBC
๐Ÿฆ Twitter: @jamesvjani // https://bit.ly/2zYPrsT


******
All materials in these videos are used for educational purposes and fall within the guidelines of fair use. No copyright infringement is intended. If you are or represent the copyright owner of materials used in this video and have a problem with the use of said material, please contact me via my email in the "about" page on my channel.


AFFILIATE DISCLOSURE: there may be a few links in this description that, at no cost to you, will earn me a commission if you choose to click them and make a purchase ๐Ÿ™‚
Donโ€™t worry โ€“ I only ever promote things that have genuinely helped me.

admin
2 Views ยท 12 months ago

Ramit Sethi of I Will Teach You To Be Rich talks to Alisa, 38, and Jesse, 42. They live in Portland with no kids and have been married for 10 years. Alisa has a growing sense of urgency related to their futureโ€“their lack of savings, modest investments, and credit card debtโ€”fed by pressure from her family. But Jesse is hands-off with money.

โ€”

๐ŸšฉTOP FINANCIAL RED FLAGS IN A PARTNER
* This Saturday in my newsletter Iโ€™m going to break down the major financial red flags to look out for in a partner. You can only get the email here: https://iwt.com/podcastnewsletter-yt

๐Ÿ™Œ GET HELP FROM RAMIT SETHI
* Take control of your money with the Conscious Spending Plan: https://iwt.com/csp-youtube
* Optimize your credit cards with the 1st chapter of my book: https://iwt.com/chapter1-youtube
* Join my Money Coaching program for monthly help: https://iwt.com/moneycoaching-youtube
* Join Earnable: https://iwillteachyoutoberich.com/get-earnable/?ud=47&sales_channel=70e30d

๐Ÿคณ CONNECT WITH RAMIT SETHI
* Instagram: https://www.instagram.com/ramit/
* X: https://twitter.com/ramit
* LinkedIn: https://www.linkedin.com/in/ramitsethi/

โœ… SUBSCRIBE SO YOU DONโ€™T MISS ANY EPISODES
https://youtube.com/user/ramitsethi/featured/

โ€”
THIS EPISODE IS BROUGHT TO YOU BY
Fabric by Gerber Life | Protect your family today with Fabric by Gerber Life. Apply today in just 10 minutes at https://meetfabric.com/ramit.

Long Angle | If you've made a lot of money and you're looking for a community of peers to turn to for advice, go to https://www.longangle.com/ to learn more.

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โ€”

If you and your partner have a money issue and you want my help, I occasionally select a couple to work with, free of charge. Apply for my help here: https://forms.gle/pjYMaLeThJM3z9uN6

Produced by Crate Media.

admin
1 Views ยท 12 months ago

Sign up for Constant Contact here: http://www.constantcontact.com/baddie
CODE: BADDIE

Today I am going to be sharing 5 Different Ways ANYONE Can Make MONEY With TikTok!

๐Ÿ’ป๐Ÿ’ฐ โ€ข Create Shopify Store HERE:
https://shopify.pxf.io/m5J5yO
(USE THIS LINK TO GET 3 months/$1)

๐ŸŽฅ๐Ÿง  BEST WAY to Start Dropshipping in 2024:
https://youtu.be/xyxHHxEiD2w

Starting a business? Use elevate.store to save up to $1600 https://elevate.store/baddielink

Social media is so powerful & thereโ€™s so many ways to make money online with side hustles ! As a content creator thereโ€™s MULTIPLE different income streams you can develop and do without even showing your face! The goal with this video is to help you gain MORE IDEAS of how to make money online with TikTok!

These are side hustles you could eventually turn into your full time income! You donโ€™t even need to have a BIG following on tiktok to make money from it - this is beginner friendly! I grew 3 accounts from NO followers. Itโ€™s NOT luck - itโ€™s STRATEGY! ๐Ÿ’ฐ

admin
1 Views ยท 12 months ago

Live Bible Study

More Videos
Why God's People Are Broke! Wake Up Peopleโ€ฆ
https://youtube.com/live/yhLIFlNeMbI

Itโ€™s Time To Put Your Faith To Work
https://youtu.be/4LKZk1VAqio

Money Follow$ Ma$tery // Easy Money // Myron Golden Ph.D.
https://youtube.com/live/38SpmVwUOEE

The Faster You Learn The More You Earn
https://youtu.be/QcMWuWodPPE

How To Get Ahead Of 90% Of People (Starting Now)
https://youtu.be/U58MQ48HkDw


Myron Golden Store
myrongolden.shop

Bible Study
https://www.youtube.com/watch?v=9cNxOsA1Bdg&list=PL0H-0T5lkWDx2cS8tVumMXRR-va8mVlaC




Myronโ€™s Live 5 Day Challenge
https://www.makemoreofferschallenge.com/


Myronโ€™s Books

B.O.S.S Moves
https://www.bossmovesbook.com/

From The Trash Man to The Cash Man
https://www.trashmantocashman.com/

admin
0 Views ยท 12 months ago

In this video I have answer one of the most requested question I get across all my socials media platforms which is Jatz, how do I make money as a teenager? Therefore, I decided to make another video to share 10 easy ways to make money as a teen.

Profitl (Use Code: jatzfba for ยฃ5 Discount)
๐Ÿ“ฆ https://www.profitl.app/

Jungle Scout Discounted Prices:
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Free Stock Wroth ยฃ3-ยฃ200:
๐ŸŽ https://magic.freetrade.io/join/jatin/7724e6ff

MY RECORDING GEAR:
๐ŸŽฅ My YouTube Camera Gear - https://amzn.to/2L6PAjwโ€‹
๐ŸŽค My Mic - https://amzn.to/3n2TXczโ€‹
๐Ÿ’ก My Lights - https://amzn.to/3pDmE1jโ€‹

๐ŸŽ™ My podcast - www.shorturl.at/gkyY8
The Hustlers is a podcast aiming to inspire and educate young people about business and entrepreneurship. I sit down with other young entrepreneur to talk about their journey, the lessons they have learnt and how they got started.

BE MY FRIEND:
๐Ÿ“ธ IG: https://www.instagram.com/jatznaran/โ€‹
๐ŸŽต TikTok: https://www.tiktok.com/@jatz.naranโ€‹
๐Ÿฆ Twitter: https://twitter.com/Jatz_naranโ€‹
โ–ถ๏ธ Twitch: https://www.twitch.tv/jatznaranโ€‹

WHO AM I:
I'm Jatin, a 21 year old university student studying computer science. I make videos about money, business and life. I also have a podcast called The Hustlers on Spotify + TikTok where I make short videos everyday.

๐Ÿ‘• My Clothing Brand - https://www.jatz.co.ukโ€‹

GET IN TOUCH:
If youโ€™d like to talk, Iโ€™d love to hear from you. DM me on Instagram. I try my best to reply to things but there sadly aren't enough hours in the day to respond to everyone ๐Ÿ˜ญ

AFFILIATE DISCLOSURE: there may be a few links in this description that, at no cost to you, will earn me a commission if you choose to click them and make a purchase ๐Ÿ™‚
Donโ€™t worry โ€“ I only ever promote things that have genuinely helped me.

admin
1 Views ยท 12 months ago

After 4 years Capital Club finally reopens its doors. If you want to be rich then you are in the right place. The perfect place.

Capital Club is a highly sought after membership ecosystem focused on equipping its members with the best knowledge, network, and resources in business, entrepreneurship, biohacking, and finance.

Capital Club Membership: https://capital.club

admin
2 Views ยท 12 months ago

Ramit Sethi of I Will Teach You To Be Rich follows up with Trin and Lucas, both 35. We chip away at an unmanageable fixed-costs percentage and broach Lucasโ€™s unwillingness to seek salaried employment while navigating severe trust issues and a checkered past with respect to financial risk taking.

Watch Part 1: https://www.youtube.com/watch?v=3IoCP1ylBz4

โ€”

๐Ÿ”Ž DIFFERENT MONEY LENSES WE CAN LOOK AT MONEY THROUGH
* โ€œValueโ€ or โ€œfrugalityโ€ is just one, but there are so many more. Make sure youโ€™re on the list so you donโ€™t miss the email this Saturday 11/11: https://iwt.com/podcastnewsletter-yt

๐Ÿ™Œ GET HELP FROM RAMIT SETHI
* Take control of your money with the Conscious Spending Plan: https://iwt.com/csp-youtube
* Optimize your credit cards with the 1st chapter of my book: https://iwt.com/chapter1-youtube
* Join my Money Coaching program for monthly help: https://iwt.com/moneycoaching-youtube

๐Ÿคณ CONNECT WITH RAMIT SETHI
* Instagram: https://www.instagram.com/ramit/
* X: https://twitter.com/ramit
* LinkedIn: https://www.linkedin.com/in/ramitsethi/

โœ… SUBSCRIBE SO YOU DONโ€™T MISS ANY EPISODES
https://youtube.com/user/ramitsethi/featured/

โ€”

THIS EPISODE IS BROUGHT TO YOU BY
Masterclass | For unlimited access to every class and 15% off an annual membership, go to https://masterclass.com/ramit.

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โ€”

If you and your partner have a money issue and you want my help, I occasionally select a couple to work with, free of charge. Apply for my help here: https://forms.gle/pjYMaLeThJM3z9uN6

Produced by Crate Media.

admin
1 Views ยท 12 months ago

The Millionaire Fastlane Book Summary | The Fastest Way To Become Rich | Simplebooks

Simplebooks short clips channel
https://www.youtube.com/channe....l/UCvIss0vaAQxpV_J98

To download Shopbook app,
Android
https://play.google.com/store/apps/details?id=com.mithushancj.shopbook&hl=en_US&gl=US
Apple
https://apps.apple.com/lk/app/....shopbook/id160263326

Visit our Website for more info:-
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Simplebooks Facebook:-
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admin
0 Views ยท 12 months ago

Learn about Top 5 Assets that Make You Rich give you #FinancialFreedom.

๐Ÿ‘‰ Open Free Demat Account on Upstox: https://bit.ly/UpstoxFreeOffer

- NO AMC Charges for Lifetime

Offers valid for Limited Time. Start earning with refer and earn upto Rs 1200 per referral.

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About Pushkar Raj Thakur :

Pushkar Raj Thakur is India's Leading Motivational Speaker & Business Coach. With over 5 Million Subscribers on YouTube & Millions of Followers on all other Social Media Platforms, he is known for his versatile knowledge on Financial Education, Personal Mastery, Sales, Marketing, Human Psychology & Business Development.

#FinancialEducation #HowtobeRich

Follow us on:

Telegram: https://bit.ly/PushkarRajThakurOfficial

Facebook: http://bit.ly/2TkyIYo

Instagram: http://bit.ly/2FH6b7z

Youtube: http://bit.ly/2FLcZkp

Twitter: http://bit.ly/2tcDOvd

LinkedIn:http://bit.ly/2RfJWel

http://www.pushkarrajthakur.com/

To Join our Courses, Call @ 9999470710

admin
0 Views ยท 12 months ago

15 Reasons Why Getting Rich is Easy
SUBSCRIBE to ALUX: https://www.youtube.com/channe....l/UCNjPtOCvMrKY5eLwr
The ALUX APP is the best thing since sliced bread: https://alux.com/app

Bitcoin Essentials: https://alux.com/bitcoin

$29.99 smartphone: https://amzn.to/3Q50IJE
$99 Samsung smartphone: https://amzn.to/3PLt2ku

In this Alux.com video we will be answering the following questions:
How hard is it to get rich
Is getting rich easy?
If getting rich is easy why isn't everybody rich?
Is today easier to get rich than in the past?
How easy is it to get rich?


00:00 - Intro
00:26 - You live in the most abundant period in human history
01:13 - 1 in 10 people is rich
02:34 - Our entire economy is based on consumption so money needs to flow
03:31 - You can work and make money from anywhere in the world
04:25 - You have access to premium education for cheap or even free
05:50 - You donโ€™t need any money to start making money
07:19 - Hardware is extremely cheap and software is free or almost free
08:15 - Automation and software have replaced large teams
09:15 - Itโ€™s never been easier to invest in the stock market
10:46 - Technological revolutions are happening fast
12:01 - Advertising, fame, and community building are available to everyone
13:22 - You can outsource almost everything
14:15 - Luck and Chance are negotiable
16:32 - No matter how specific/fringe/weird you or your product is, youโ€™ll find customers
17:09 - Governments are printing money like crazy
18:24 - Question

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1 Views ยท 12 months ago

โ€œEveryone teaches us how to save. Nobody teaches us how to spend!โ€

Personal finance expert Ramit Sethi shares highlights from his New York Times bestselling book, "I Will Teach You To Be Rich".

Ramit writes about money, business, and psychology for a million readers each month at iwillteachyoutoberich.com. Ramit's advice has been featured in The New York Times, The Wall Street Journal, Fortune, and the Tim Ferris podcast.

Ramitโ€™s book, I Will Teach You To Be Rich, is a two-time New York Times bestseller. The second edition rereleased in 2019 with 80 new pages of material on love & money, money & psychology, and new tools on how to use money.

Find the book here: http://iwillteachyoutoberich.com

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2 Views ยท 12 months ago

Billionaire investor Bill Ackman just issued a warning about the future of inflation. But donโ€™t worry, itโ€™s not all bad news, and you will see why during this video. For background, Ackman recently gave a rare, full length, sit down interview. While this interview touched on a wide range of topics, it was Ackmanโ€™s comments around inflation that really caught my attention. You are going to want to hear what he had to say. In this video, we are going to cover Ackmanโ€™s thoughts on the economy, why inflation is here to stay, and arguably most importantly, how you can protect your money from the devastating impacts of high inflation. Letโ€™s get into it.

In order to prevent the US from slipping into deflation, the US federal reserve established a target annual inflation rate of 2% in the year 2012. For much of the next 8 years, the Fed struggled to get inflation up to that 2% target. As a result, many economists believed that inflation would never again be a problem in the United States. Oh boy how things can change and they definitely changed in a major way in 2020.

To understand why Ackman thinks inflation is here to stay, you have to understand why inflation occurs. In simple terms, inflation happens when the demand for goods or services outstrips supply. While that may sound like a complicated concept, trust me, itโ€™s actually very simple. Here, we have a supply and demand graph. This line here represents the demand for a particular good or service

In this example, letโ€™s say we are talking about used cars. The demand line represents the number of people looking to purchase a used car, and importantly, how much those buyers are willing and able to pay. Here, we have the supply line. This supply line represents the number of used cars available to be purchased at any given time. The point at which our two lines here cross represents the price for that good or service. So in our example, the average price of a used vehicle.

In 2020 and 2021, the US government and Federal reserve took drastic steps to prevent a widespread economic collapse. This involved sending cash directly to households, boosting unemployment benefits, and pausing required payments on certain types of debt. At the same time that all of this cash was getting pumped into the economy, the Federal reserve slashed interest rates to historically low levels. These lower interest rates made it less expensive for people and businesses to borrow money to make purchases.

Going back to our example with used cars, these actions resulted in an increase in demand for used cars. People had more money in their bank accounts to be able to spend to make the purchase. Additionally, the lower rates made it less expensive to purchase a car using a loan. These factors led to an increase in demand, illustrated by our demand line here getting pushed to the right

At the same time, automotive manufacturers were suffering through supply chain issues that limited their ability to produce new cars. Since there were less new cars available, people held on to their current car longer, resulting in less supply of used vehicles available for sale. Less supply means our supply line gets pushed to the left. Notice how now the two lines cross at a much higher price pointy




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