In this episode, Kerry Lutz and Brian McAboy dive into the realities of trading, drawing from Brian’s nearly 20 years of experience. Brian shares how he grew a $30,000 trading account before suffering losses due to lack of knowledge, emphasizing the importance of consistency, confidence through testing, and mental conditioning. They discuss why many traders fail—often due to underestimating business skills, risk management, and proper training. Brian outlines a three-step framework for consistent profitability and highlights that knowledge alone isn’t enough; skill and a tailored strategy aligned with personal goals are essential. Resources, including a free trading strategy guide, are also shared.

Find Brian here: https://insideouttrading.com

Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe

Kerry's New Book “The World According to Martin Armstrong – Conversations with the Master Forecaster” is now a #1 Best Seller on Amazon. .

Get your copy here: https://amzn.to/4kuC5p5

The discussion centered on the concept of "deficit delusion," where Kerry Lutz and John Tamny argued that the perceived crisis of government debt is a misinterpretation, attributing the real issue to excessive government resource consumption. John highlighted that government spending limits societal advancement, while Kerry pointed out that the current system facilitates easy borrowing through excessive revenue collection. They characterized the situation as a form of theft through taxation, emphasizing that high levels of government intervention lead to economic inefficiencies and lost opportunities for taxpayers. They suggested that maintaining government spending at historical levels could have significantly enhanced national wealth.

The conversation also explored the relationship between personal mental states and economic perceptions, with John asserting that savings drive economic growth more than consumption. They discussed the importance of individual economic freedom and the detrimental effects of policies that restrict wealth and trade. Kerry advocated for improved economic education, drawing parallels to successful public health campaigns, while John critiqued the dominance of Keynesian thought in economic education.

They further examined the implications of currency stability on economic health, criticizing past administrations for dollar devaluation. The discussion concluded with reflections on the significance of John's upcoming book, "The Deficit Delusion."

Find John here: https://x.com/johntamny

Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe

Kerry's New Book “The World According to Martin Armstrong – Conversations with the Master Forecaster” is now a #1 Best Seller on Amazon. .

Get your copy here: https://amzn.to/4kuC5p5

Kerry Lutz interviewed Ryan Floyd, an experienced investment fund manager, who shared his investment philosophy focused on smaller, lesser-known companies often overlooked by mainstream investors. With nearly two decades in the industry and extensive travel experience, Ryan emphasized the importance of seeking unique opportunities in international markets, particularly highlighting India's economic landscape. He discussed the challenges posed by bureaucratic hurdles and judicial inefficiencies in India, while also noting the hardworking population and positive demographic trends that could drive consumer demand.

Ryan cautioned that excessive debt could impede economic progress, drawing parallels to past crises. He stressed the significance of understanding local political systems for global investing and advocated for a cautious approach, contrasting the innovation in U.S. markets with the older companies dominating many international funds.

Find Ryan here: https://www.barkacapital.com

Find Kerry here: http://financialsurvivalnetwork.com/ and here: https://inflation.cafe

Kerry's New Book “The World According to Martin Armstrong – Conversations with the Master Forecaster” is now a #1 Best Seller on Amazon. .

Get your copy here: https://amzn.to/4kuC5p5