TPP437: The wealth secret: Long-term inflation

The Robs are back with their second episode on inflation This might just be the most important podcast episode Rob & Rob have done yet.   If you understand this episode, then you’ll understand the secret to being wealthy.  Last week we talked about inflation in the short-term, so this week we’re looking at long-term inflation. The dynamic that produces inflation for the long-term is completely different to the short-term.   The Robs are going to be looking at what causes long-term inflation, the effects for property investors and what the coming years might look like.   So, if you’re wanting to prepare for a strong future, then make sure you listen to today’s episode.     In the news  This week’s news story comes from the Financial Times and the headline reads, ‘Bank of England urged to spell out plans to curb inflation’.   After speaking about inflation for the past couple of weeks, it seems that even the House of Lords are getting in on the action now. Their economics affairs committee have been questioning the Bank of England and have said it needs to provide a better justification for believing the rise in inflation is temporary.  They’ve also said that the Bank of England has become obsessed with quantitative easing and are using it to solve all the economic issues.     Hub Extra  After a hard-hitting episode, we thought we’d give you something easy to wind down and give you a little bit of escapism.   It’s a series on Netflix called ‘The World’s Most Amazing Vacation Rentals’. Three hosts go all around the world from the USA to Bali looking at holiday rental properties that you can rent out, depending on your budget.   So, if you have a holiday let strategy, you might pick up a few tips from it.    Let’s get social  We’d love to hear what you think of this week’s Property Podcast over on Facebook, Twitter or Instagram. You might even have a topic you’d like us to cover in the future - if so, pop us a message on social and we’ll see what we can do.  Make sure you’ve liked and subscribed to our YouTube channel where we upload new content every week!   If that wasn’t enough, you can also join our friendly property community on the Property Hub forum.  See omnystudio.com/listener for privacy information.