How Will We Use Money In The Coming Years? | With @HeresyFinancial

How Will We Use Money In The Coming Years? | With @HeresyFinancial

Now that we know that China and Russia are creating their own commodity-backed currency, and the United States and other countries alike are creating their own Central Bank digital currencies, where is the future of our own money actually heading? In today’s video, I talked to Joseph Brown, who is the founder of Heresy Financial X Stock Broker, and also the author of “The Evolution of Money.” I can tell you, this episode is highly educational, and it’s really important to know where your money and potentially your investments are heading over the next two to five years. So, make sure to watch all the way through this video. If you get value from this video, go ahead and let us know in the comment section below. Let’s go ahead and jump in!

Thanks so much, Joe, for hopping on. If you could give the audience just a brief background on your professional experience before we jump into things? Yeah, absolutely. So, I’ll start off my story. My wife and I got married with a ton of debt. I was making less than minimum wage, so we were completely broke, and I had no idea how money worked or what to do to get ahead with money. So, I started off kind of just researching and learning and reading books about personal money management. I fell in love with even just the basic stuff like budgeting and getting out of debt with, you know, the debt snowball, like Dave Ramsey type stuff. And so I was like, “You know what? I want to learn more about this,” and I didn’t really know anybody who was successful with investing or money or anything like that. And so I was like, “You know what, the best thing I can figure out how to do right now is to try and go get a job in the industry.”

I had a buddy who kind of helped sneak me in as a stockbroker. I just ate it all up. I got every license that I could, did a bunch of different jobs in the financial services industry, trying to figure out how the economic money machine beast works from the inside. I really enjoyed that, learned a lot, and did a lot of different things. But it got to a point where I realized there was a limit to the understanding of how the system works from inside. There’s a lot of drinking the Kool-Aid.

A good example of this is you go to any financial advisor and ask them, “Hey, I’m very concerned about losing money. I want to invest my money in the safest way possible. What’s the safest investment for me?” They’re going to tell you to put your money into U.S. government treasuries into bonds, and loan your money to the United States government. When you ask why, it’s like, “Okay, well, they are given a set of parameters by their company on what they are able to recommend, given what you tell them.” And so, they’re required to tell you U.S. treasuries. Well, then why is the company requiring them to tell you that? Well, it’s because you are licensed. Well, who gave you that license? Ultimately, it goes up to the U.S. government. And so, it’s like, “Okay, well, even if this is true—which we can get into is not true—but even if it is true that the treasuries are the safest place for you to put your money, there’s at least a conflict of interest there because the government is the one telling you to say that and they’re the one that’s going to be getting your money.” And so, seeing some of those kinds of things from the inside, I started to look into alternative…

To continue, please visit https://www.youtube.com/watch?v=a8rlop_yd80 and watch the rest of the video!

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About the Author

Jeff Sekinger

Jeff Sekinger Founder & CEO, 0 Percent Who is Jeff Sekinger? Visionary Trailblazer Sekinger has been in the financial industry for over a decade. Starting

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