Podcast
Surviving 2023 with this Surprising Wealth Strategy
Published
3 years agoon
Today we are talking about the peace of God that comes into your finances with our special guest, Chad Frantzen. God always has a plan for his people, so we’re discussing the post-election economic outlook for the US, what we can expect in the stock market, an explanation of money supply and inflation, and more. You don’t want to miss this vital episode to avoid the financial turbulence ahead!
Don’t forget to pick up your Financial Survival Guide at: lancewallnau.com/stormproof
Episode Transcript
Lance: Hey, it’s beginning to look a lot like Christmas. I’m wearing my, look at me, I got this thing sticking out of my head. I look like Mark and Mindy here. Let me fix this. This is Lance Wallnau with the Lance Wallnau Show. Wearing my festive red Christmas colors and I’m believing this is going to be a great year. It’s going to be a great year in many ways, we already see. Remember, yesterday Mercedes when we did the broadcast and you brought up 10 things or 7 things that were all like great breakthrough things. Do you remember what some of them were?
Mercedes: Yes, sure.
Lance: Things to be thankful for.
Mercedes: Things to be thankful for.
Lance: Like?
Mercedes: Well, we’ve got rid of Nancy Pelosi number one which I’m thinking you’re going to need to retire her from your bucket of elites. We have that going on. Trump is running. We have DeSantis is a great candidate. We have so many things to be thankful for. We won the house. So many good things.
Lance: Oh Nancy. Who’s this?
Mercedes: That’s Nancy.
Lance: Is that Nancy?
Mercedes: Yeah, in her pink suit.
Lance: Nancy’s going to the back.
Mercedes: She been retired.
Lance: Oh, he’s wandering off again. You know how Biden is? He keeps on wandering around. He’s wandering around. This is my, ooh, these are the people that have been leading us for the past couple of years. Whoa. Prophetically.
Mercedes: I hope that’s not.
Lance: Biden’s out of the bus. He’s going folks. Alright, so today’s show is very important though.
Mercedes: Yes.
Lance: Did you go down your list? I didn’t hear you mention all the great things.
Mercedes: Oh well, I have to pull it up. It’s not my list.
Lance: Well, Mercedes is looking for the optimistic report. I mean I heard it really inspired me yesterday.
Mercedes: Oh God.
Lance: Because Roe V Wade was overturned at the federal level. We did have a red enough of a red wave to give us the gavel. The gavel people which mean we can do something Mercedes. You got to ready to make your own.
Mercedes: Okay, I’m going to read it to you in its full power.
Lance: Thank you.
Mercedes: And this is just a tweet from someone named Michael. So, it says, Trump is running. Florida is completely red. Elon took over Twitter. We have a majority in the Supreme Court. Control of the House. Roe V Wade was overturned at a federal level. Republicans the popular vote. Nancy Pelosi is fired. Parents are fighting back. Cheer up. We’re winning. Can’t get rid of the rot overnight. Great tweet.
Lance: A great tweet. I’m going to tell you something else. There’s an antidote to the problem of the economic distress America is experiencing. I believe the Lord is putting the United States in what we call the Rumble Seat. Rumble Seat is an old-time term. It’s the seat that got bumped around when you in in the traffic in the old vehicles and so what’s happening is America’s in the rumble seat because it isn’t right with God. Now I’ve never been stronger on this this thinking than now that God man a demarcation between his people and the people that do not serve him. The Bible says that when you go to someone, I was going to teach this the other day and I think I need to like to your point. I need to get together with the Lord for some time and seek the Lord on this and get the message. But the Lord dropped a little revelation the other day. I got tounpack it. He said, “When you go, let you a place, to a person, to a government, to a nation, to anything and you let your peace come upon them”. Let the peace or the anointing that is on you overtake what’s going on in them.
Now if a man of peace is there, meaning the grace of God is working on the other side, the peace of God on you will open up for you a moment of favor and the favor of God will allow the man of peace or the person of peace to find rapport with you then you could begin to see what Goddoes. This is how we work with secular markets and secular leaders. But if a person doesn’t receive your peace, doesn’t respond to the grace of God and the anointing of God in such working through you. Then what do you do? Let your peace return to you. I’ve never heard anyone teach on what that means. But what it clearly means is you release the grace that you’ve got to bring grace upon the situation. If your grace is rejected, let the grace boomerang back. They now are under the influence of the discipline of God or the activity of the devil. But as far as you’re concerned, you’re still walking in the grace under the umbrella of the favor and peace of God. You don’t lose it if they don’t receive it. It returns back to you again.
So, I’m going to really start to unpack. What does that mean to walk in the peace of God? Release the peace of God and then receive it back and return it back to yourself. So today we’re going to talk about the peace of God that comes in your finances. The peace of God that comes over your mind during the news cycle of what’s going to be going economically. And what I love about our program and I learned this I think in the model of watching the Bannon’s War Room and I made some modifications. I learned from watching Rush Limbaugh over the years that our job is to give to you the truth, but to give it to you from an empowering perspective. In other words, we have a lot of Christians that want to deny the truth and they go into prophetic fantasy land. Which is they disconnect into queue narratives and their favorite prophecies about, oh, it’s going turn around. Which eventually discourages people because when a red wave doesn’t happen and Trump isn’t back in office and then the prophets ought to fumble over and reinterpret what they said and point out that they are actually right somehow. It just creates confusion.
Far better to describe reality in the ruthless cold term of what it is, but then give the empowering perspective. This is what Churchill did. He said, “I have nothing to offer you but blood sweat and tears”. And apart from creating a great music group, that Churchill was able to marshal his words into combat to inspire the people to face the threat of Hitler with the optimism and grim determination of our little island empire. We will not back down. That’s leadership and he eventually led them through the crisis. So, what I want to do now is do a survey of where we are economically in America. Give you the dumpster fire analysis what happens when you these bumbleenas in charge and they don’t know what they’re doing. Why the economy is where it is?But yet how God himself is restraining the damage and he’s providing you with the opportunity of making a way of escape. God will always provide a path for his people but you have to be listening to that.
One more thought and then I’m going to stop talking. Do you know that when Titus circled Jerusalem? Jesus had given the Jews. He had promised the Jews that they were going to have,they were going to be judged. And he basically said to them you’ve rejected me and these buildsremember he told the disciples not one stone will be laid upon another in this great majestic temple that you’re all looking at? Well, it happened that 40 years after his prophecy, Jerusalem was surrounded by the armies of Rome and they came with the intent of laying siege to the city and they would fulfill what Jesus prophesied. The temple would be dismantled. Did you know why it was dismantled? Because the Roman soldiers were told, there was gold in between the stones. And so, they literally took the stones apart in order to locate the gold that would be melted down in the fires in the temple.
So, there was this weird total fulfillment of this not one stone left upon another. But what happened to the church in Jerusalem? Don’t you want to know? I mean so what happens to the church in Jerusalem is very interesting. Because the church in Jerusalem is dutifully doing its job. Ministering and evangelizing. They didn’t leave, they stayed right up to that moment when Titus comes. Now catch this piece of history. I don’t know if you know this Mercedes Sparks.But here’s what happened. Egypt rumor came to Titus that Egypt was going to be flanking and attacking them from a separate direction. So, Titus pulled back the siege in order to reestablish a formation in anticipation of another army showing up that would possibly be taking advantage of the instability in Jerusalem and that they might get caught in a pincer movement between the Jews and Egypt and they might. So, they pulled back, the moment they pulled back the senior pastors, Apostles and prophets in Jerusalem said that’s our exit. So, the church took off out of the city of Jerusalem.
The false prophets that were in Jerusalem prophesied as they did in the days of Jeremiah. We told you God was going to fight for us. Look, even Rome is withdrawing right now. And so, they took the interpretation of Rome withdrawing as being God vindicating their prophecies that Jerusalem will never fall. The true prophet said, I think we just got our window out. Jesus warned us these days were coming. Not one stone will be left upon another. The time has come for us to go. So, the true church exited Jerusalem just as Rome came back and laid siege to the city and not one person was able to get out of that city.
The point is, God always makes a way of escape and that’s where the Bible’s promises, my people perish for lack of knowledge. But if you get the knowledge, you’ll make the escape. So, I want to talk with one of the great escape artists of financial matters Chad Franssen right now is going to join. Chad good to see you, I don’t know…
Chad: Great to be here.
Lance: I don’t know if you got a chance to hear my whole Titus and Jerusalem scenario. But I’m saying that we want to see reality the way it is. We don’t want to sugarcoat it, but we want to find the empowering meaning what God is saying. Because God has a plan for his people and he makes a way of escape and that escape frequently comes through knowledge, the right kind of knowledge, the knowledge of how to read the times and know what Israel ought to do. It is a car type thing. So, Chad, with that thought in mind, Mercedes and I wanted to ask you. Midterms is behind us. Can you give us and of course, you work with Cousin Billy? That’s our family, we have in common. Can you tell me a little bit about what you and Cousin Billy are discussing in the post-election economic outlook now that we have this modest little control of congress,uncertainty in the senate? I saw the financial market start to feel they like any kind of stability so at least they kind of research a little bit. But what do you see coming economically? Give us the big picture?
Chad: Sure, Lance. Yeah, Billy Epperhardt and I at Wealth Fuller’s investments looking at the election historically when we have a Democratic White House and a Republican Controlled House of Representatives. That has historically been bullish positive for the stock market.Another interesting fact is in the third year of a presidential cycle the stock market in the US has historically had a positive year. Now that maybe anecdotal because you know Billy and I really feel that the inflation wave is going to continue and we really think we’re going to see what we call second wave of inflation as we head into 2023.
Now fortunately with getting control of the house back as you talk about, we’ll have some control and some gridlock which we believe will be good against passing additional frivolous spending bills that are just going to add fuel to the fire of the inflation that we’re trying to come back.
Lance: So, if I’m hearing you correctly there’s going to be another wave of inflation. But give me some forecast for the stock market and for the markets in general. That seems like that’s going to be is our foreboding regarding stocks in general accurate and what are your thoughts on that?
Chad: Yeah, well interestingly on November 10th shortly after the midterm elections there was a piece of data that came out that each month, they send out information about inflation that the government releases. Now you know Lance, you and I and Mercedes, we all know that that true inflation is much higher than what the government telling us. But there was some data that came out on November 10th that indicated according to the government that inflation in the month of October was quote lower than expected. It had still gone up and the stock market and the bond market both took it as, oh my goodness, things are not going to be as bad as we anticipate. And in one single day on November 10th, bonds went down 8% and the stock market went up 5% in one day. But to your question, I really view that as a head fake.
I think if you look at the stock market, it’s a predictive indicator. It goes out about 9 months. It’s forecasting into the future about 9 months, but we really believe as we get into 2023, there’s going to be a lot more headwinds. There’s going to be a lot more headache and confusion in the economy than what the market is telling us right now. So, that’s it’s good in the short run and Billy and I were talking this morning before the show and he and I both believe the stock market probably is set up to have a nice continue a nice short-term rally into Christmas and the first of the year, but the Federal Reserve is going to continue to raise these interest rates. They meet again in December and then they meet again in February and March. So, they’re going to continue to raise rates and that is going to really come back to dampen a lot of these economic hopes that people have.
Lance: Well and I have a statistic which I heard of Steve Cortez which is 30% of small businesses were not able to pay rent in October. So that’s serious numbers when seventy percent of your economy is driven by small business and 30 percent of them can’t pay rent. Wow. The implications there is certainly that we’re going to go into a new year with tremendous volatility. So therefore, if the stock market is short term recovery and then perhaps serious adjustment coming into January, February, March of next year. What is the wise thing, for many of our people don’t even invest in the stock market. So, I don’t want to lose them in my audience. This what we’re talking about today folks is for 3 groups of people. People that barely have enough to get by. We still have a strategy for you because we believe as a Christian community, we support each other. We help each other. And we take care of each other.
So, we have a strategy to help you. If you don’t have sufficiency to invest in stock markets at least to your problem, well, we have a plan to get you into having prosperity. Our goal is that believers should not be dependent on the streets. God‘s people are not going to be begging bread. So, we want to get you to the place of sufficiency. But there are those of you that have resources that really don’t know what to do and you know you need to do something. I want to help you get clear on what to do, and then there are some of you that listen to me. I’ve got a fairly affluential group too, because I do 7 Mountains work and I work with high-end businesses and leaders in all kinds of fields.
Some of you need to really be shrewd right now because woke capitalism is not where you want to put your money and the big banking, the big financial institutions that are working to take over corporate America and make them submit to their ESG demands on social governance and having their board compromised with every kind of Marxist gender issue. You don’t want to put your money to that. You don’t want your money tied into that. God might be judging that system. And so, you want to put your money into places which are supporting kingdom values. And that’s another reason why I work with Chad and Billy. Now Mercedes was going to say something. You keep on waving me with your penalty.
Mercedes: Well, plus I just kind of like as I’m thinking I’m doing too. But so, our producer in the back is sending me messages and I’m realizing we’re having a conversation that maybe not everybody understands all the lingo for. So, she’s writing in the back and she’s saying, well, this might be a silly question but how does raising interest rates stop inflation? How does that happen? And she’s like won’t that prevent people from buying and then won’t the economy slow down? So, there’s a series of layers to that onion of first why do we even have inflation? Becausewe’re money, but then two, what are the mechanics of why does what the Feds doing affect the economy and slow inflation. So, I don’t know if Chad you want to feel that.
Lance: This is all legit, which is why I’m saying we got people out there that I want everyone knowledgeable. You should be smart like the Old Testament Jewish people. They understood how to go from slavery to Solomon, and it was because of God gave them the ability to have wisdom. I want you all to have wisdom at how these things work. So, Chad good point. What the Fed, the Fed is that unofficial and it’s not a government organization but they control the banking and the interest rates. They’re empowered by government to do it. That’s a whole weird subject in itself. The founding fathers didn’t create a Fed, but nevertheless whoever that is their fret is there.So, they’re establishing these interest rates because to Mercedes point, this dumb government of ours just wants to run a printing press. This that creates this like monopoly in the basement. Don’t you think every country would love to do that? Just multiply money. You can’t do that. Only America because we’ve got, we’re the global, the dollar is the reserved currency for every trade around the world.
So, we kind of flood this stuff out to the other nations and they keep us afloat. But man, if Godjudges America. Economically and militarily. Those are the two wings I worry about. Then we’re not going to see that scenario very long. We have to be very wise as to how we prepare for the future. So go ahead and talk to us Chad about how does this to work.
Chad: Sure. I mean that’s a great question and very foundational and economics is what we’re talking about here and really the name Jerome Powell is someone you need to be familiar with. He’s the chairman of the Federal Reserve and probably on your desk Lance I’ll need to send you a Jerome Powell figure to go in there with all your people.
Mercedes: Alitos.
Lance: Yeah.
Chad: Right sure. So, I will send you one of those. The most powerful non-elected official next to Fauci. So, so all the nations of the world have a central bank that controls money supply. So, that’s the keyword you want to understand, money supply. So, whether you want to buy a home to live in as your first-time home or you want to buy a car or you want to invest for retirement or college or you’re a small business owner and you want to get financing for your sandwich shop. All the things are controlled by the supply of money and so the federal government and I hope this is in a foundational enough term. The federal government controls interest rates which so the lower the interest rate is we call it free money or it’s a high supply of dollars that you can use for buying real estate building a house starting a business, things of that nature. And when interest rates go up there what we call tightening the amount of money.
So, there’s less money. It’s more expensive for any of these top consumer items and the reason it’s tied to inflation is that when the reason why we’re in the boat we’re in and Billy has talked a lot about this is the Federal Reserve keeping interest rates very low free money for a really long time. That’s what led to real estate prices going up. So, when money is cheap and easy to get the cost of things, the value assigned to things, Bitcoin, stocks, real estate and the like, they go up in value because it’s free money and the opposite is true.
So, what the Federal Reserve is trying to do is lower inflation back to what they call normal. But we all know inflation is much higher than what the government is saying. So, it becomes more for everyday Joe, for Everyday Jane to buy groceries, to send their kids to school, to pay for gas,to commute one hour one way. And that will over time force people to spend less and will usher in a recession. Which just means people’s, the economy’s not growing, stores are closing, layoffs are happening and it’s mainly in the blue-collar world. It can happen to large corporations as well.
Mercedes: And can you talk about Chad just so everybody’s clear of why inflation happens. So,Lance you touched on this briefly but you’re saying you know it’s basically a blank check. I mean the government just create; I mean we almost did a couple what a trillion dollars in student loans that we would have had to supply the money for. But basically, I like to think of it as like a household income that if I have let’s just make an even number like $100,000 coming in a year into a household, the government collects a certain amount of money in taxes. But then they always spend over whatever money they’re taking in through taxes. So, in order to have that money, they literally create that money. They go over the Federal Reserve and they say, hey, could you print some more money, and so then we see our government debt that increase.
I think we’re at 31 trillion right now in government debt and we want to get into the problem of the fact that interest rates are increasing now might be a 5% and the government has to pay a 5% interest rate on government debt for 31 trillion. It just gets astronomical. But I think it’s important to know that that’s why we see prices increasing because there’s more dollars in circulation. I think it’s something like 80 percent of all dollars were printed I think since what is it, Chad? Like 2020 or something like that?
Chad: Pretty recent within 5 years.
Mercedes: Yeah, within the last 5 years. 80% of all dollars in circulation. So, when you have more dollars out there, the value of what we used to pay, like it’s always funny to go find like a magazine or a newspaper from when you were born. And it’s like an Apple computer from like 1980, 19, something when I was born and it’s like the $25 and you’re like, oh my gosh $25 for that. well, it’s because the value of our dollar has decreased from what it was years ago. So, that’s why we see like we went to the grocery store, you wouldn’t believe how much Thanksgiving cost me this year. I mean just a Thanksgiving meal this year probably costed $250 just for the basics to cook everything. I mean, my mom went up and she literally started talking to another couple in the grocery store about the price of eggs. It was $6 for a dozen eggs. I mean, it’s the inflation’s gone way up. So, I hopefully that answers the question for some of you that are like, well, why is it the way that it is?
Chad: Yeah.
Mercedes: And why is it happening now? Why is it through the roof right now? So, we have the inflation and the Fed saying, well, if we raise rates and Chad did such a good job of explaining that. We raise rates. It makes it harder for people to get access to money and hopefully inflation gets under control which I don’t think touch again.
Lance: I just want to tap the breaks here for a second, because I want you guys financially literate. Because it doesn’t help you to not understand what’s going on. I mean, God‘s people should be the head and not the tail, above and not beneath, informed and not ignorant. We should be praying with insight, not praying with anxiety. So, let’s start by saying if you are a beginner,you could be a retired mom, a former pastor, I don’t care who my audience is. You may say,well, finances and what I do. Yes, it is what you do it’s a part of your life and we have a resource for you, because I want to get you to the next level from insufficiency to sufficiency, from sufficiency to prosperity, from prosperity to funding the kingdom. Not just surviving but funding God‘s great empire movement around the world before the rapture. Bringing in the harvest of nations is going to require us to be fishermen with boats and nets and ability to get around the world.
Go to “Lancewallnau.com/StormProof”. I want you to storm proof your financial future. “Lancewallnau.com/StormProof” because there’s 3 levels of strategy, one to get you sufficient, one to get you to prosper, and one to get you in the position where you have a pipeline coming through you of supernatural resource. Some of you have a resource ministry. It’s the strangest thing. My wife for instance doesn’t have money flow to her, but in a strange way, food, clothing, and furniture flows to her. She’s got 5 warehouses. People are giving it to her. It’s the strangest thing. Be she is a resource ministry to the poor and to the under resourced single mothers in Fort Worth and Dallas. God floods her with resources, then she comes to me to say, you got to be the finance guy. That’s how come I’m talking to you because the Lord said to me. He said, “Well,what about it”. And I go, “Well, it hasn’t been my focus Lord.” The Lord said, “Why not?” And I said, “Well, I haven’t ever had to do that.” The Lord said, “Your people need it. Are you a rabbi?Are you a teacher? How are you going to teach what you don’t practice? How are you going to show them what you don’t know?” I said, “Well, I know some of it. I got a business background.” The Lord said, “Begin to master the flow of financial increase, because I’m sending resources to you to go through you to my people”.
Well, hallelujah. That’s why I’m so serious. Why don’t you go to “Lancewallnau.com/StormProof”? Join me on the journey, because we’re not going to be broke and embarrassed in the last days. We’re going to be glorious church and an overcoming church and what you lack, trust me, the body of Christ can get over to you. We’re going to work together. We’re going to see our way through this. You’re not alone, you’re part of the great family of God and that’s part of the reason why I’m doing this. People are going to learn and your children are going to learn and God‘s going to increase you. You’re going to have 6 areas of financial mastery. You’re going to at least understand it if I know which one God‘s anointed you to occupy.
There’s stocks and bonds and oh a business and there’s intellectual assets. There’s cash. There’s physical gold, silver, and commodities. There’s physical real estate. My dear brothers and sisters, there’s 6 areas that you how will you prosper if you don’t have multiple streams of income. The great father of my faith, Abraham had 7 streams of income in Genesis and he didn’t keep him from serving God that didn’t interfere with his destiny. He had 300 household employees that were running seven different streams of income. It’s a powerful model. You are of your father Abraham who was so journeying looking for a city as builder and maker was God, going through all kinds of family drama with a wife who couldn’t get pregnant and then having a house with a son that was supposed to be the heir who actually wasn’t the heir. He missed it on God and a couple of things. Abraham’s a great study for all of us. But the man had wealth mastery. That’s your real DNA, the spirit of Abraham. Can you explain to me what bonds are real quick? Because I think people know stocks is the stock market, but what in the world are bonds actually, Chad?
Chad: Sure. So, Lance, if you owned a company and you wanted to raise capital for it and you would take on partial owners in your company, you would give away stock in your company and they would have equity for some percentage of ownership but you could also take out debt and instead of me getting ownership in your company, I would have, think of a CD at a bank. I will give you a $1,000 and you can use it to grow your business or invest in your bank and you’re going to give me 2%, 3%, 4% return. So, a bond is a fixed investment as very much tied to interest rates that we talked about. So, a lot of people on this may have experience with those as fixed income, retirees, or even wealthy individuals who are trying to protect their money. Bonds all things being equal are much more conservative than stocks, but now remember what’s happened with the markets being manipulated by the Fed is that even bonds this year in 2022.Some of the bonds are down 10%, 20%, 30% in value.
So many of your viewers are probably scratching their head lands saying, well, I thought bonds were safe. Well, not all the time and so that’s why really having this financial survival guides going to help people in that. And to your point with Abraham, we talk a lot about Solomon. The wealthiest man in the Bible, wealthier than Bezos, Gates, Musk and Buffett combined. He said,in Ecclesiastes 11, “You need to give or invest in 7 or 8 different places for you know not what will come upon the land”. That’s exactly we’re talking about here is, don’t put all your money in gold, certainly don’t put all your money in stocks. You need a, I’m going to call it a kingdom financial plan for how to navigate and how to what I call allocate your dollars. Because next year’s going to be very challenging.
Lance: Next year’s going to be very challenging and of course we have talked with our people and we’re learning about real estate the diversified portfolio 7 streams of income now Annabelle and Joy and Mercedes all talking about real estate. Now, I’m reevaluating intellectual assets. What in the world is that?
Chad: Well, intellectual assets are one of the 6-to–7 streams of passive income. Now, for a definition for everyone, an asset is something that puts money in your pocket, okay. So, with that in mind, an asset can be real estate that you own and you rent it out and it puts dollars in your pocket just like a bond that we talked about earlier. But intellectual assets, it can be the ideas or innovation that God gives you, that you can get copyrights and trademarks for. I know you’ve done some of that Lance.
Lance: Is that also a book? Can a book be an intellectual asset?
Chad: Absolutely. Books.
Lance: Training courses. People do training on the internet. There’re all kinds of business because you’ve got business ownership and intellectual assets. I want people to know that like with the COVID lockdown, something changed that was unpredictable. People weren’t able to go to stores, so they did a lot more online shopping. But if you started at building your online school, your online training. I mean, I think it was Bethel that was in Redding which really shocked me. They just started the experiment of doing their online school not realizing that the physical school would be shut down and they exploded in growth because they had an intellectual asset and a business model for doing training online. I just throwing it out there to my people to know that stocks, bonds, business ownership.
There are low-cost businesses that can be started. When you look at the stocks, bonds, business ownership, intellectual assets, cash, physical gold, silver, physical real estate. What in the world do you tell people when they come to you? I mean, you have to be kind of like Solomon to figure this out.
Chad: Well, you do and Billy and I put together the financial survival guide which we encourage everyone. That’s a great starting point and it really starts with a financial consultation. Just getting to know people. You almost become a wealth builder. We’re almost becoming counselors we need to listen to your story, where you are, what your situation is. Because what we might advise to you and Annabelle to completely different to what we might suggest for Mercedes and Larry, but there could be overlap. So, everyone, we call it suitability, but you really need to be careful about just working with everyday financial advisers, Wall Street stock brokers. Because to them everything’s a nail with a hammer, right.
And so, you need to be really savvy to understand well, okay, what age are you, what stage are you, what are you really wanting to do with your goals, 1, 3, 5 years and what’s your plan? We call it a kingdom financial plan, because we want to help you achieve your goals. But there’s a lot of pitfalls out there with what is going on with the government and with the Federal Reserve that we’ve talked about. The last thing we want to see people do is start down the road to financial freedom and then we think happens next year a 20% drop in stocks, a 20% drop in real estate, continued pressure in the crypto markets. That’s going to make people so fearful that they will do nothing.
Lance: Alright. So, Chad there’s so much I want to talk about because we want to find out about the cryptocurrency market a lot of our people need to get educated on that. We need to know about what in the world just happened with this whole FTX meltdown. But still I heard and I was listening to Laura Ingram last night and it’s clear the President Biden, the G20. It’s scary what these guys are doing. They’re going to go towards digital currency. They’re moving into the digital space. Blockchain, cryptocurrency I think is going to be here. It’s going to be who controls it. The government or a private sector. We will do another broadcast, because that’s big. I know Mercedes is always talking about it and there’s an opportunity there and there’s pitfalls,but I want our people to get the financial survival guide. That’s the main thing.
I don’t care what level of knowledge you’re at. We’re going to all do a sheep dip, an immersion on the subject. Whether you don’t have much money to work with, whether you have a little bit or whether you got a lot and you’re worried about the future. These guys can advise at all levels. That’s what I love about Billy, about Chad, about Karen. I work with them all because I believe God wants us to have the knowledge to navigate in uncertain times and they’re going to give it to you. There’s a financial survival guide, you can get at “Lancewallnau.com/StormProof”. But you guys are going to be doing a webinar also. You and Cousin Billy, I’m hoping it’s going to be soon like a beginning of the year start the year off with a proper forecast analysis. What can you tell me about what you guys are doing on that end?
Chad: Yeah, absolutely Lance. What Billy Epperhardt and I have talked about and what we’d like to do for your viewers is, we’re at the end of 2022, 2023 is going to be, a lot in news on finances in the markets. We’re planning to do a live exclusive webinar and we’d like to invite your audience to that at once they get the download. And we’re going to talk about our entire 2023 economic outlook and that’s going to be all the different things we’ve touched on here today from crypto to real estate to the economy. Are we going into a recession? How deep? How long should it be? And we’d love to invite everyone to that and yeah, we’re planning that for the first of the year. It’ll be a one-time exclusive webinar for our 2023 economic outlook.
Lance: And they will be automatically invited to that if they’re already in the financial survival guide group, then they’ll get access to that for free. Alright.
Chad: Yes. Folks, you know what you got to do. I think the Lord is trying to forewarn us that,you need not to fear but you need to, the wise man sees trouble and prepares himself, says Solomon. There’s a man who knew how to handle his investments. So, this is how Warren Buffett makes it. This is how Bill Gates whether you like what he does with his money or not. This is how Soros. The children of this age are wiser in relationship to some of these subjects to the children of God and I think it’s because we have a false theology that thinks well God will take care of it. God‘s answer for you is in a miracle check in the mailbox.
Mercedes: Amen.
Lance: God‘s answer for you is the Jewish solution which is that you should be the head and not the tail of and up beneath and you should be employing others and teaching others how to master wealth and increase. God‘s plan is to be kingdom people not dependent on a supernatural breakthrough all the time. Consistent growth and increase, is the biblical paradigm of kingdoms,and then the breakthrough is miraculous to show you that God is with you in the building process. That’s why the miracles come. Alright. Well, we’re going to go there. Go to “Lancewallnau.com/SurvivalGuide”. I will be and I can’t wait to cover another broadcast with Chad and drill down on understanding the cryptocurrency, blockchain, Bitcoin world. It’s new to me, but I don’t think we’re too late. I think we’re right at the right time. So, be looking forward to seeing you again folks and God bless you. This is Lance Wallnau Show signing off
Closing: Thanks for listening to this Lance Wallnau broadcast. If you enjoyed today’s show, make sure to subscribe and share the episode. See you tomorrow.
