Episode 15: Growing wealth gap, government manipulation, and defining prosperity.
Tue Jan 13 2026
As we kick off season 3, we welcome Michael to the show! Sit with us as we discuss the growing wealth gap, his financial journey and the definition of prosperity.00:26 Introduction of Michael, the friend who got us into Bitcoin02:30 Why it's important to get started investing in 2026 and the growing wealth gap07:45 How economic conditions have changed since the baby boomer generation13:16 Michael shares his journey from living in a closet to building wealth through extreme frugality16:05 Debate on whether you can still save your way to prosperity in today's economy20:10 Defining prosperity as time freedom and escaping the rat race24:06 Discussion on AI's impact on jobs and Trump's push for lower interest rates28:14 How government money manipulation forces middle class into risky investment decisions31:10 2026 investment goals focusing on Bitcoin and real estate37:34 The rising cost of providing a normal upbringing compared to previous generationshttps://www.edwardconard.com/macro-roundup/between-1970-and-2022-median-middle-income-us-households-saw-real-income-growth-of-60-low-income-households-saw-a-55-increase-excluding-non-cash-government-transfers-pewresearch/?view=detail&utm_source=chatgpt.comDisclosure:The information shared in this video reflects our personal opinions and experiences and is provided for educational and entertainment purposes only. We are not financial advisors. Nothing in this video should be considered financial, investment, or legal advice. Always do your own research and consult with a licensed financial professional before making any investment decisions.
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As we kick off season 3, we welcome Michael to the show! Sit with us as we discuss the growing wealth gap, his financial journey and the definition of prosperity.00:26 Introduction of Michael, the friend who got us into Bitcoin02:30 Why it's important to get started investing in 2026 and the growing wealth gap07:45 How economic conditions have changed since the baby boomer generation13:16 Michael shares his journey from living in a closet to building wealth through extreme frugality16:05 Debate on whether you can still save your way to prosperity in today's economy20:10 Defining prosperity as time freedom and escaping the rat race24:06 Discussion on AI's impact on jobs and Trump's push for lower interest rates28:14 How government money manipulation forces middle class into risky investment decisions31:10 2026 investment goals focusing on Bitcoin and real estate37:34 The rising cost of providing a normal upbringing compared to previous generationshttps://www.edwardconard.com/macro-roundup/between-1970-and-2022-median-middle-income-us-households-saw-real-income-growth-of-60-low-income-households-saw-a-55-increase-excluding-non-cash-government-transfers-pewresearch/?view=detail&utm_source=chatgpt.comDisclosure:The information shared in this video reflects our personal opinions and experiences and is provided for educational and entertainment purposes only. We are not financial advisors. Nothing in this video should be considered financial, investment, or legal advice. Always do your own research and consult with a licensed financial professional before making any investment decisions.