Our entire economic system is unjust.
Thanks to the centralized monetary system of fiat money, The United States economic system is rigged. When inflation strikes, class divides among Americans become palpable.
Those closest to the money are the ones who benefit the most from inflation… at the expense of the rest of the working populace. This is what’s called the Cantillon Effect.
Millions of honest workers get fleeced while the elites are living it up.
This has all the makings for a massive economic crisis that could snowball into a nastier political struggle.
Scary times ahead, indeed.
To be blunt, much of this economic chaos is already baked into the bake.
The political and business elites have bought into governing ideologies that promote easy money and massive government intervention.
As a result, no matter who gets elected, the same destructive economic policies get enacted.
That’s how the cookie crumbles in our present-day political order.
Not much you can do about it.
However, you can do a ton when it comes to your wealth.
Yes, even during an economic crisis.
One thing our own Jason Hartman has stressed is that people will always need housing.
Shelter is one of the fundamental pillars of human existence and it’s at the center of the universe.
Contrary to what some investment newsletters say, the world is not going to collapse.
Sure, we’re living in a time of mass economic chaos. That’s what inflation is all about. However, this does not mean that society will disappear from one day to the next.
What actually happens under these sub-optimal economic circumstances is that people end up downsizing and re-adjusting their housing preferences.
Instead of buying a fancy home, they’ll end up settling for a humbler abode. In more extreme cases, they’ll opt for renting a home.
The latter has become more of the norm in recent years, which presents many opportunities for ambitious income property investors.
This gets even better when there’s inflation. In taking on a mortgage and passing off the carrying costs to a tenant, you end up paying off your debt that’s constantly being depreciated by inflation.
On top of that, your housing unit appreciates faster than inflation.
When you replicate this process, you end up building a mean portfolio of income properties that produce solid cash flows and put you on the path to attaining financial sovereignty.
Ignore the doom talk and start taking control of your finances by getting in on the income property action.
But before you get your hands on an income property, make sure to peep Jason Hartman’s video on the latest trends for mortgage rates nationwide.
P.S. Inflation-induced debt destruction is one concept that’s hammered home at Empowered Investor Pro, Jason Hartman’s premier investing forum for those who are serious about maximizing their return on life.
Inflation-inducted debt destruction is the x-factor that will make you wealthy during inflationary times. While everyday Americans get pummeled by inflation, you can use it to reduce your debt burden aka mortgage payments.
No joke.
To learn this and other wealth-building secrets, sign up for Empowered Investor Pro here.
