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Jeremy Cordon

๐Ÿ‘ค Speaker
250 total appearances

Appearances Over Time

Podcast Appearances

Part Of The Problem
Interview with Jeremy Cordon

So if you had a $100...

Part Of The Problem
Interview with Jeremy Cordon

If you had a $1, if you have $100 bill today, it would be like less than a dollar 100 years ago in purchasing power.

Part Of The Problem
Interview with Jeremy Cordon

Or another way to look at that, like the penny, the wheat penny, that guy had about $2.50 worth of purchasing power.

Part Of The Problem
Interview with Jeremy Cordon

And that was the smallest amount of money they even bothered with.

Part Of The Problem
Interview with Jeremy Cordon

If it was less than 250, like forget it.

Part Of The Problem
Interview with Jeremy Cordon

And in that context, all of our change is obsolete.

Part Of The Problem
Interview with Jeremy Cordon

Quarters are obsolete, half dollars obsolete, dimes, nickels, all of it's obsolete.

Part Of The Problem
Interview with Jeremy Cordon

I mean, when was the last time you've cared to count up and add up your change?

Part Of The Problem
Interview with Jeremy Cordon

It's hard to even diagnose the problem.

Part Of The Problem
Interview with Jeremy Cordon

It's just like, man, costs have gone up.

Part Of The Problem
Interview with Jeremy Cordon

I don't know why everyone's so greedy on their houses.

Part Of The Problem
Interview with Jeremy Cordon

If you were to measure housing in gold, if you looked at the US stock market measured in gold, the US stock market has been down since year 2000.

Part Of The Problem
Interview with Jeremy Cordon

If you measure it in gold.

Part Of The Problem
Interview with Jeremy Cordon

It's just the value is not there.

Part Of The Problem
Interview with Jeremy Cordon

The prices are overinflated because everyone's pushing their IRA money into it.

Part Of The Problem
Interview with Jeremy Cordon

And, you know, in terms of real value, it's just...

Part Of The Problem
Interview with Jeremy Cordon

it really changes what the economics landscape looks like.

Part Of The Problem
Interview with Jeremy Cordon

We're not hitting all time records in the stock market if you measure it in something that isn't constantly losing value.

Part Of The Problem
Interview with Jeremy Cordon

And we talk about this, and maybe the reason why you don't talk about it more is because there's not really a whole lot to be done about it.

Part Of The Problem
Interview with Jeremy Cordon

So you come from a similar background.