In recent months we’ve seen the highest inflation rates in the United States since the 1980s. As a result, many people seem to be concerned about the ripple effects of inflation and what the Federal Reserve is doing to handle it. This week on Grow Money Business, we’re joined by Kirk Chisholm, an expert in self-directed IRAs, 401K, inflation, & monetary policy. Kirk is also the wealth manager & principal of Innovative Advisory Group, which reshapes the wealth management industry via innovation. In this episode, Grant and Kirk dive deep into inflation and the current state of the markets.
[02:27] Background – Kirk describes his background and his journey thus far and kicks off the conversation on inflation & monetary policy.
[05:54] Risk Management – Kirk provides a thorough overview of risk management from a portfolio perspective and how he applies it in his firm.
[15:59] Inflation – Kirk offers comprehensive perspectives on the current state of the markets.
[24:31] Deep-dive Into Inflation – Kirk and Grant dive deep into how rising interest rates will impact the United States economy
[48:22] Banking Systems – Kirk discusses the impact inflation has on banking systems, as well as his unique approach to investing money.
[01:00:40] Federal Reserve – Kirk shares his opinions on the Federal Reserve.