All Forum Posts by: Matt Millard

That’s true Thomas until they lose credibility & the dollar & FED are exposed for what they are. This time they won’t be able to just bail it out. The road is coming to an abrupt end!

I also buy real estate & other hard assets like oil & metals precisely because they can serve as a currency of their own & protect me from government & the dollar. Cryptos are in their infancy & I understand your skepticism as they have a long way to go & will become hard asset backed like a gold standard after the next crash. This is the learning curve!

You’re correct you didn’t comment on media I did. But the narrative of you & most of the population is almost verbatim what they present & sell everyday. I’m definitely not a Keynesian as challenging the Staten got me C & D’s & almost kicked out of my economics degree program!

The dollar has lost 99.9% of value. $21 trillion in debt & growing & another $200 trillion in unfunded liabilities. China just started pricing oil in yuan ending the petrodollar. Need I say more. 2008 was a wake up call for a radical event that happens less than once a lifetime. Also read David Stockman & tell me if he’s wrong too. Trump can only delay things with tax cuts & more.

So Max, you believe the mainstream media that everything is just rosy? And what about 2008? Where was the media then? And they mocked Peter then just as they do now & he nailed it. And Jay this stuff is my specialty, even if it is unfortunately just plain & literally depressing!

Does anyone else believe in Austrian Economics & follow Peter Schiff & Lew Rockwell & think that when the everything bubble pops in next couple years (we are already in 2nd longest expansion ever) that we will have an event at least as bad as a Great Depression & a full blown dollar crisis with cryptos & hard assets coming to replace it?

Cash flow is king & stability during a recession/depression is of upmost importance!

I also invest out of state & will soon be moving to escape traffic & high prices!

I’ve been completely priced & property taxed out of DFW plus I hate the traffic & drive an hour everywhere lifestyle & heat so I’m moving to Tulsa where I can buy multiple properties cash & everything actually cash flows well. Dallas is at 8 million & it can go to 20 million & Amazon/everyone else’s hq without me! I would say if you can still easily afford it & would enjoy the new place more then go for it!

Cool to hear after visiting my brother last year when it came out & taking Scott & some of the team to lunch! Keep househacking Denver!