Dan Pena Gets HEATED About Inflation

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.

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The Money podcast, by best-selling author of “Money”, Rob Moore, will dive into how to make, manage and master money. How to know more, make more and give more. How to save, invest and raise money. The story, history and psychology of money. The good, bad and naughty of money. Rob will use his experience of going from debt at 26, to becoming a millionaire by 31. Rob will call upon his contacts and interview millionaires, billionaires, economists and money masters from all walks of life. Rob will draw all his experience from starting from nothing, and building the huge podcast the “Disruptive Entrepreneur”, with his on the ground, real business experience. The Money podcast is for anyone who wants to make more money in a job, profession or passion, for money masters and money disasters. They say money doesn’t make you happy, Rob says “It does!”.