History books have a tendency of overlooking certain events that don’t fit establishment narratives.
We must remember that the ruling class has to distort history as much as possible to justify their vision for society.
Any inconvenient facts that go against the prevailing depiction of history has to be suppressed.
Exhibit A: The Depression of 1920-1921.
Some context is needed here.
This was two years following the conclusion of World War I. Most Americans were skeptical of plans to extend America’s military footprint abroad and wanted to focus on domestic matters instead.
The country was filled with plenty of domestic unrest, especially when it came to radical labor groups that were increasingly becoming infiltrated by communists and other radical leftist movements.
At that juncture, The American people demanded stability and a sleeker government.
This is why Americans voted for Warren G. Harding. In the 1920 election cycle, the Warren G. Harding/Calvin Coolidge ticket were the only candidates promising a return to normalcy.
Once in office, Harding was particularly focused on getting America’s finances right. The US’s entry into World War I cost a pretty penny and put a strain on the US’s traditionally austere budget.
On top of that, the American economy entered a recession in 1920.
As the economy sputtered, there were heightened calls for the government to “stimulate” the economy.
Unlike most politicians, Harding did not pursue “fiscal stimulus” and instead cut the government’s budget by almost half between 1920 and 1922.
Similarly, Harding took a more relaxed approach to taxation. Tax rates were slashed for all income earners and the national debt was cut by a third.
In this period, the Fed’s activity was barely even noticeable. Eventually, the American economy bounced back and America entered its famous Roaring Twenties.
The depression of 1920-1921 has largely been forgotten by historians, which should not come as a surprise. After all, court historians respect presidential administrations that take more activist approaches to managing economic affairs.
To this day, you see economists, politicians, and business figures calling for a strong government response. This is nothing but trouble. It’s a recipe for economic collapse and an inevitable decrease in living standards.
Oh well. What can you do…
Most of politics is well outside of our control.
But you’re not hopeless.
As an empowered investor, you know that the real estate portfolio you manage is something that’s well within your control.
This is the kind of productive activity that builds wealth and ultimately secures you from the harsh elements of economic cycles.
However, you’ve probably hit a snag along the way and are left wondering: Am I doing something wrong?
You spend endless hours trying to figure out how to get better with your investment strategy, but to no avail.
What’s missing here?
Well, it’s not you.
You see, most people will start questioning themselves when they hit plateaus in their investing goals.
For me, this is misguided. The reason is actually quite simple.
It’s likely because you’re going lone wolf. Individual initiative is great and all. That’s what you need to do when you first get started in this income property investing game.
However, it’s not enough to reach your full potential.
That’s why I created the Empowered Investor Inner Circle.
It’s the premier investor network where you’ll be surrounded by the right people and receive the right advice to optimize your real estate investing journey.
At the Empowered Investor Inner Circle, our strategy is straightforward.
Our energy is concentrated on investing in linear markets. The reasoning is pretty simple: Linear markets are less volatile and provide you more consistent cash flow.
Contrast to the cyclical markets. Those are the Los Angeles, New York Cities, and San Franciscos of the world. These markets are incredibly volatile and tend to also be anti-landlord.
Savvy real estate investors recognize the difference between cyclical and linear markets.
At the Empowered Investor Inner Circle, we have a network of seasoned investors who will point you to the best linear markets to invest in.
By joining the Empowered Investor Inner Circle, you will have access to other wonderful perks such as:
– Successful investors in the market you’re investing in.
– Verified lists of the best roofers and painters who work with investors for each of the markets you’re investing in.
– My network of friends, entrepreneurs, and investors.
The Empowered Investor Inner Circle simplifies the process of income property investing for you.
During this process, you’ll save tens of thousands of dollars and boost your properties’ value with your increased cash flow.
In these times of economic uncertainty, many people feel confused and helpless.
But with the Empowered Investor Inner Circle at your side, you will be in good hands.
If you’re ready to become a part of the premier real estate community that will boost your return on life, join us on the inside!
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