“All of the things rich people own are going up in value at 15-333% per year… poor people are quite literally being left in the dust” - Kale Abrahamson, 2021
Let’s talk about getting rich.
That’s what we all want, right?
Whether we want to get rich because of the freedom it brings…
Or simply because Lamborghini’s are cool…
It’s a very common desire.
Let me show you some VERY interesting stats related to this universal human desire.
In the last year….
The price of a home in the Hamptons increased 50+%
Amazon Businesses are selling for record highs, in record time.
Bitcoin is up 333%.
The S&P 500 is up 15%.
Don’t believe me?
Just google any of those topics.
The headlines are ridiculous.
For instance, here’s a quote from an article about the Amazon buyout spree that is occurring…
“It’s a seller’s market. There’s a race to see who can buy up the most Amazon accounts and build a portfolio of Amazon products.” LINK
What do all 4 of these things have in common?
House in the Hamptons
Amazon Business
Bitcoin
S&P 500
If you guessed “they are ASSETS” you would be 100% correct.
Here’s the thing that the media won’t tell you, but I’m telling you now.
RICH PEOPLE OWN ASSETS.
In fact, just looking at a simple graph of the stock market since the 2008 financial crisis, and you will see in very obvious terms where the term “the rich get richer” really comes from…
Up and to the right baby!!!!
It’s honestly kind of hilarious how easy it is….
Even a monkey could have invested in ANY asset over the past 10 years…
And looked like a freaking genius.
Now, here’s the scary part…
What if you don’t own any assets?
Unfortunately, the government has been lying to you.
This is what the government classifies as INFLATION….
HAHAHAHA.
The ridiculousness of that chart almost makes me want to cry.
According to those imbeciles (I apologize for the strong language but a lie at this level is nothing short of criminal…)
THERE IS NO INFLATION!
HAHAHA!!!
Here’s the problem with that ridiculous statement.
ALL OF THE THINGS YOU WANT TO BUY ARE EXPONENTIALLY RUNNING AWAY FROM YOU.
No one really cares about the price of eggs.
All of the things we actually want to buy…
A house at the beach…
A stock that performs well…
A business that can generate wealth..
Are all INCREASING in price by 20-333% PER YEAR, as I outlined above.
Imagine you are a wealthy New York Attorney.
Making 500k per year…
What is your dream at that point?
To pay less for your eggs and milk?
No, your dream is to buy a house in the Hamptons…
Let’s say you’re a very smart attorney.
And you save 100k a year…
You want to retire in a 20 million dollar Hampton estate…
The down payment is 2 million.
So, NORMALLY, you’d have that money in 20 years!
Not bad…
The issue is that the price of that home increased 50%, THIS YEAR!
And will likely do the same thing next year..
And the year after that….
If you do the math, even the best of the best, the richest attorney in NYC, has NO CHANCE of living his dream.
It would literally take him hundreds of years to save up enough.
That is a sad story to tell, but it’s the truth.
Oh, and it’s not stopping anytime soon.
As I’ve written about in MANY of my other letters, the REASON this is happening is because we don’t have a “free market” anymore.
The government prints money, and that money finds its way into ASSETS because there is literally nowhere else for rich people to put it.
I want to stress this, because it’s that important.
ALL OF THE THINGS that RICH PEOPLE want to BUY are inflating away at 15-333% PER YEAR.
They have only one choice, buy them NOW, before they are out of reach.
People that can’t afford them? Too bad.
The REASON they are inflating is because the government is printing money.
If you don’t understand this relationship please refer to my other letters. It’s very important.
Here’s a quote from Janet Yellen, TODAY.
“Janet Yellen, President-elect Joe Biden’s nominee for treasury secretary, urged lawmakers Tuesday to “act big" on economic relief for the coronavirus pandemic as she appeared before a Senate committee for her confirmation hearing.”
Guess what “Act Big” means?
Yep, it means that the money printer is turning back on, and in a BIG way.
Why, you may ask?
Well, Janet answered that as well…
“I think there is a consensus now: Without further action, we risk a longer, more painful recession now — and long-term scarring of the economy later,” Yellen said in written testimony submitted to the Senate Finance Committee ahead of the hearing.
Remember when we had free markets?
Remember when things actually crashed?
Me too. Barely.
The government has made it CRYSTAL clear.
They WILL NOT let the markets crash.
They WILL NOT turn off the money printer.
If they do, everything will crash.
Now, I don’t know how long they can continue this out of whack game of monopoly.
Maybe the rest of our lives! Who knows.
Obviously, eventually the bubble will pop, and it will be devastating for the World.
But in the meantime, and for the foreseeable future, the rich will just keep getting richer.
It’s a straight up guarantee that any asset that has ANY scarcity..
Amazon Businesses
Bitcoin
Stocks
Real Estate
Gold
Will keep going UP UP UP UP UP.
We can get mad about this, or we can RIDE THE WAVE.
If I were you, I’d get my happy butt invested in a few of those things above.
Have a great day.
I feel like this was one of my best letters.
If you feel like it was too, or if you think it could help someone, PLEASE share it.. (you can also FORWARD this email)
If you aren’t subscribed, you should be, it’s free for 30 days and I send out this letter 5x a week (PLUS the podcast version).
What you are reading now is just a free version that I send out once a week.
I’ll see you subscribers tomorrow, everyone else, talk to you next week.
Kale
p.s. let me know in the comments if you have questions… I know all of this can seem like a lot and I’ve been studying it for a long time so if I was confusing in any way let me know…
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