Mind Pump: Raw Fitness Truth

In this episode Sal, Adam & Justin have an in-depth conversation with attorney, banker and real estate investor Chris Naghibi about the state of banks and the economy. Chris’s “lazy moron” journey into the career he has now. (1:58) What role do ‘rules & regulations’ play in some of these economic crises? (17:57) Successful, but not stress-tested. (25:44) What is a “run on the bank” and why is it so dangerous? (32:00) Inflation’s comparison to losing body fat. (44:16) Why in order to win you have to be an extremist. (48:38) The impacts of institutional buying. (51:38) His thoughts on long/short-term leases. (57:35) How do these interest rate hikes affect banks? (1:03:58) Playing ‘political chicken’ with the debt ceiling. (1:07:05) Going down the rabbit hole on the future of digital currency. (1:13:02) How retail traders influence the market. (1:18:45) In order to create, we must destroy. The impact of A.I. (1:21:17) Where can you put your money, earn the most, and spend the