Is deflation a problem?

Recently I was reading the Rich Dad Poor Dad Letter from Paradigm Publishing, that I’m a paying subscriber to, and it had mentioned a looming, gloom-and-doom prediction —one that I’ve heard before.

Everyone talks about inflation as the “deadly” force that threatens your money…

But no one hardly talks about deflation.

I’m by no means an expert on this, so take my word with a seed of a habanero chili pepper…

… but if you remember during the 2020 Democratic presidential election, there was a man named Andrew Yang running.

He’s a tech entrepreneur and many in the tech world (including Elon Musk), are scared of what tech will do to labor and jobs.

That was his “Big Idea” during is run, that the world is running into a major job-loss problem due to the exponential explosion of efficiencies in business, created due to tech – the result is an exponential loss of jobs.

A Facebook post from a friend, entrepreneur, and investor, Stephen McKee also recognized this as a REAL problem the world is facing.

But many of his conservative friends argued it by saying, “It will never be a serious problem. For every job loss, there’s another gained because you still need people to maintain the tech.”

And I have to vehemently disagree with the majority here…

These tech giants aren’t stupid.

They know the history of tech better than anyone. And that statement might have been true 100 years ago during the industrial revolution… But today it’s far different.

The math don’t make a lick of sense.

For every AI built, it replaces 5-20 jobs. Sure you need someone to “maintain” the AI. But that’s only 1 person (where’s the rest go?)

And today, the need to have a full-time “maintenance” on AI is growing THIN due to even AI maintaining AI.

Anyway, what’s this have to do with deflation?

Increasing innovations in tech, create more efficiencies, and drive prices down.

And as my long-time teacher of marketing and copywriting, and the single person that Time Magazine has accredited with the “Father of Internet Marketing”, Ken McCarthy, said in one of his monthly “Ask Ken” audios he commented about it as well but in terms of debt:

… That we’re seeing debt being given away like pancakes…

And we have waaay more debt than we can handle.

(Incidentally and very excitedly, I’ll be interviewing Ken the father of internet marketing very soon, and the interview will be up in January 2021. He was a good friend to Jack Miller, and was a marketer for Mortgages lenders, agents, and in the RE market himself.)

I ain’t no economic strategist, nor pretend to be, but things, I believe, aren’t looking good as a whole.

Is deflation a big problem?

I really have no idea (or if it’s even something to worry about since it will take a lot to “out trend” the massive amount of inflation just caused in the last months due to COVID and “money-pumping” from the FEDS).

But, these financial people and tech people seem to say to so.

But regarding real estate, what do we do?

Democrats (including this Yang fellow mentioned above), want to just hash out money for everyone ($1,000 per person according to Andrew Yang’s solution—as if $1k a month solves problems).

Well, for you and I, who are driven, and aren’t going to rely on anyone else except our very own “bootstraps” to pull ourselves up with… we’ll take advantage of opportunities; because opportunities, there will be.

As my friend and Deals Today Podcast guest says, he doesn’t know where the market will turn but he does know this one thing:

There will ALWAYS be motivated sellers.

So, if you to are driven, and don’t really care in what direction the market will turn, but you’ll be buying assets now AND then…

Then I recommend being on top of marketing and dealing-finding knowledge inside my Deal Magnet News Membership.

In it you’ll find:

Exclusive interviews (not found on my podcast) solely on:

– Lists

-Sales techniques

– Finding deals

– Creative offers

– finding private money (an upcoming interview clip with Mitch Stephen AND Patrick Riddle who’s raised and manages millions of dollars of lender money)

– Negotiating subject to – (an upcoming interview clip with Sensei Gilliland on how to present subject to)

– And much more

You’ll also get my tips on copywriting and marketing giving inside digital newsletters, and audio recording: tips to help you stand out among the masses and start generating a real seller response, while “preselling” yourself with direct response sales and marketing techniques that hardly any one REI gurus teach.

You can learn more about it here:

www.realestateaudios.com/dealmagnet

https://clicks.aweber.com/y/ct/?l=5t8UJ&m=j4f1tqcHZ910TA6&b=LmKozV10qocgUeGhPqwYuQ%20I%20was%20reading%20the%20Rich%20Dad%20Poor%20Dad%20Letter%20from%20Paradigm%20Publishing,%20that%20I’m%20a%20paying%20subscriber%20to,%20and%20it%20had%20mentioned%20a%20looming,%20gloom-and-
doom%20prediction%20%E2%80%94one%20that%20I’ve%20heard%20before.%20%20%20Everyone%20talks%20about%20inflation%20as%20the%20%22deadly%22%20force%20that%20threatens%20your%20money…%20%20%20But%20no%20one%20hardly%20talks%20about%20deflation.%20%20%20I’m%20by%20no%20means%20an%20expert%20on%20this,%20so%20take%20my%20word%20with%20a%20seed%20of%20a%20habanero%20chili%20pepper…%20but%20if%20you%20remember%20during%20the%202020%20Democratic%20presidential%20election,%20there%20was%20a%20man%20named%20Andrew%20Yang%20running.%20%20%20He’s%20a%20tech%20entrepreneur%20and%20many%20in%20the%20tech%20world%20(including%20Elon%20Musk),%20are%20scared%20of%20what%20tech%20will%20do%20to%20labor%20and%20jobs.%20%20%20That%20was%20his%20%22Big%20Idea%22%20during%20is%20run,%20that%20the%20world%20is%20running%20into%20a%20major%20job-loss%20problem%20due%20to%20the%20exponential%20explosion%20of%20efficiencies%20in%20business,%20created%20due%20t
o%20tech%20-%20the%20result%20is%20an%20exponential%20loss%20of%20jobs.%20%20%20A%20Facebook%20post%20from%20a%20friend,%20entrepreneur,%20and%20investor,%20Stephen%20McKee%20also%20recognized%20this%20as%20a%20REAL%20problem%20the%20world%20is%20facing.%20%20%20But%20many%20of%20his%20conservative%20friends%20argued%20it%20by%20saying,%20%22It%20will%20never%20be%20a%20serious%20problem.%20For%20every%20job%20loss,%20there’s%20another%20gained%20because%20you%20still%20need%20people%20to%20maintain%20the%20tech.%22%20%20%20And%20I%20have%20to%20vehemently%20disagree%20with%20the%20majority%20here…%20%20%20These%20tech%20giants%20aren’t%20stupid.%20%20They%20know%20the%20history%20of%20tech%20better%20than%20anyone.%20And%20that%20statement%20might%20have%20been%20true%20100%20years%20ago%20during%20the%20industrial%20revolution…%20But%20today%20it’s%20far%20different.%20%20The%20math%20don’t%20make%20a%20lick%20of%20sense.%20%20%20
For%20every%20AI%20built,%20it%20replaces%205-20%20jobs.%20Sure%20you%20need%20someone%20to%20%22maintain%22%20the%20AI.%20But%20that’s%20only%201%20person%20(where’s%20the%20rest%20go?)%20%20And%20today,%20the%20need%20to%20have%20a%20full-time%20%22maintenance%22%20on%20AI%20is%20growing%20THIN%20due%20to%20even%20AI%20maintaining%20AI.%20%20%20Anyway,%20what’s%20this%20have%20to%20do%20with%20deflation?%20%20%20Increasing%20innovations%20in%20tech,%20create%20more%20efficiencies,%20and%20drive%20prices%20down.%20%20%20And%20as%20my%20long-time%20teacher%20of%20marketing%20and%20copywriting,%20and%20the%20single%20person%20that%20Time%20Magazine%20has%20accredited%20with%20the%20%22Father%20of%20Internet%20Marketing%22,%20Ken%20McCarthy,%20said%20in%20one%20of%20his%20monthly%20%22Ask%20Ken%22%20audios%20he%20commented%20about%20it%20as%20well%20but%20in%20terms%20of%20debt:%20%20…%20That%20we’re%20seeing%20debt%20being%20given%20aw
ay%20like%20pancakes,%20and%20have%20waaay%20more%20debt%20than%20we%20can%20handle.%20%20%20(Incidentally%20and%20very%20excitedly,%20I’ll%20be%20interviewing%20Ken%20the%20father%20of%20internet%20marketing%20very%20soon,%20and%20the%20interview%20will%20be%20up%20in%20January%202021.%20He%20was%20a%20good%20friend%20to%20Jack%20Miller,%20and%20was%20a%20marketer%20for%20Mortgages%20lenders,%20agents,%20and%20in%20the%20RE%20market%20himself.)%20%20%20I%20ain’t%20no%20economic%20strategist,%20nor%20pretend%20to%20be,%20but%20things,%20I%20believe,%20aren’t%20looking%20good%20as%20a%20whole.%20%20%20So,%20regarding%20real%20estate,%20what%20do%20we%20do?%20%20Democrats%20(including%20this%20Yang%20fellow%20mentioned%20above),%20want%20to%20just%20hash%20out%20money%20for%20everyone%20($1,000%20per%20person%20according%20to%20Andrew%20Yang’s%20solution%E2%80%94as%20if%20$1k%20a%20month%20solves%20problems).%20%20%20Well,%20for%20you%20a
nd%20I,%20who%20are%20driven,%20and%20aren’t%20going%20to%20rely%20on%20anyone%20else%20except%20our%20very%20own%20%22bootstraps%22%20to%20pull%20ourselves%20up%20with…%20we’ll%20take%20advantage%20of%20opportunities;%20because%20opportunities,%20there%20will%20be.%20%20%20As%20my%20friend%20and%20Deals%20Today%20Podcast%20guest%20says,%20he%20doesn’t%20know%20where%20the%20market%20will%20turn%20but%20he%20does%20know%20this%20one%20thing:%20%20%20There%20will%20ALWAYS%20be%20motivated%20sellers.%20%20%20So,%20if%20you%20to%20are%20driven,%20and%20don’t%20really%20care%20in%20what%20direction%20the%20market%20will%20turn,%20but%20you’ll%20be%20buying%20assets%20now%20AND%20then…%20%20%20Then%20I%20recommend%20being%20on%20top%20of%20marketing%20and%20dealing-finding%20knowledge%20inside%20my%20Deal%20Magnet%20News%20Membership.%20%20%20In%20it%20you’ll%20find:%20%20%20Exclusive%20interviews%20(not%20found%20on%20my%20podcast)%20so
lely%20on:%20%20%20-%20Lists%20-Sales%20techniques%20-%20Finding%20deals%20-%20Creative%20offers%20-%20finding%20private%20money%20(an%20upcoming%20interview%20clip%20with%20Mitch%20Stephen%20AND%20Patrick%20Riddle%20who’s%20raised%20and%20manages%20millions%20of%20dollars%20of%20lender%20money)%20%20-%20Negotiating%20subject%20to%20-%20(an%20upcoming%20interview%20clip%20with%20Sensei%20Gilliland%20on%20how%20to%20present%20subject%20to)%20%20-%20And%20much%20more%20%20You’ll%20also%20get%20my%20tips%20on%20copywriting%20and%20marketing%20giving%20inside%20digital%20newsletters,%20and%20audio%20recording:%20tips%20to%20help%20you%20stand%20out%20among%20the%20masses%20and%20start%20generating%20a%20real%20seller%20response,%20while%20%22preselling%22%20yourself%20with%20direct%20response%20sales%20and%20marketing%20techniques%20that%20hardly%20any%20one%20REI%20gurus%20teach.%20%20%20You%20can%20learn%20more%20about%20it%20here:%20%20%
20www.realestateaudios.com/dealmagnet
“Keep moving forward in your REI venture”

Paul do Campo

I’ve spent many hours learning and implementing marketing methods in REI, chasing sellers, and building cash flow streams… and I show you what works and what doesn’t from real-world investors in the trenches today through my daily tips, articles, and audio interviews at realestateaudios. com

Call or text me at: 951-901-8208
6939 Schaefer ave Ste D #254
Chino California 91710
USA

To unsubscribe or change subscriber options, visit:
https://www.aweber.com/z/r/?rCwMbEwsrLQczAzsnAzMnLRGtCwcDOzMnCwM