3 min
Dan Pena Gets HEATED About Inflation The Money Podcast
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- Business
Things get heated when Rob talks to Dan Pena, who expresses skepticism towards traditional banking systems and the potential impact of inflation on savings
KEY TAKEAWAYS
The preference for cash over assets is highlighted as a strategy to maintain liquidity and protect against potential economic downturns or inflation.
Only a few banks are considered relatively safe, and there are only a select few currencies worth holding cash in. Dan suggests being cautious and selective in choosing where to keep funds.
Dan expresses skepticism towards the idea of China becoming a reserve currency, emphasising that no currency can remain dominant forever.
BEST MOMENTS
"High performance people like me just make more money. Someone like me isn't interested in a return on my investment. I'm interested in a return of my investment."
"All my assets went to cash. Everything from my 60th birthday on that I invested time in, I got ownership in. That's not in cash. Those are in ownership in 25 companies that I've helped found over the last 15, 20 years."
"When the big tsunami comes and wipes all your savings away, if you have any. Well, no, because savings get wiped out by inflation."
VALUABLE RESOURCES
https://robmoore.com/
bit.ly/Robsupporter
https://robmoore.com/podbooks
rob.team
ABOUT THE HOST
Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur”
“If you don't risk anything, you risk everything”
CONTACT METHOD
Rob’s official website: https://robmoore.com/
Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs
LinkedIn: https://uk.linkedin.com/in/robmoore1979
See omnystudio.com/listener for privacy information.
Things get heated when Rob talks to Dan Pena, who expresses skepticism towards traditional banking systems and the potential impact of inflation on savings
KEY TAKEAWAYS
The preference for cash over assets is highlighted as a strategy to maintain liquidity and protect against potential economic downturns or inflation.
Only a few banks are considered relatively safe, and there are only a select few currencies worth holding cash in. Dan suggests being cautious and selective in choosing where to keep funds.
Dan expresses skepticism towards the idea of China becoming a reserve currency, emphasising that no currency can remain dominant forever.
BEST MOMENTS
"High performance people like me just make more money. Someone like me isn't interested in a return on my investment. I'm interested in a return of my investment."
"All my assets went to cash. Everything from my 60th birthday on that I invested time in, I got ownership in. That's not in cash. Those are in ownership in 25 companies that I've helped found over the last 15, 20 years."
"When the big tsunami comes and wipes all your savings away, if you have any. Well, no, because savings get wiped out by inflation."
VALUABLE RESOURCES
https://robmoore.com/
bit.ly/Robsupporter
https://robmoore.com/podbooks
rob.team
ABOUT THE HOST
Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur”
“If you don't risk anything, you risk everything”
CONTACT METHOD
Rob’s official website: https://robmoore.com/
Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs
LinkedIn: https://uk.linkedin.com/in/robmoore1979
See omnystudio.com/listener for privacy information.
3 min
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