Richard CanfieldPodcast Host and IBC Advisor, Ascendant Financial · Authorized Infinite Banking Practitioner | Author of 4 Books

The Government’s Crazy Suggestion to Solve Inflation Problem!

5 Sept 2024 · 0 min

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0:12

A short conversational excerpt from a Richard Canfield YouTube video (recorded Sept 5, 2024) discussing a federal cabinet minister's suggestion that Canadians cancel Netflix to combat inflation. The speakers critique that suggestion as trivial and argue that larger personal finance levers—specifically reducing taxes and interest obligations—have far greater impact than small lifestyle cuts like canceling Netflix.

Can you imagine convincing hundreds of thousands of people to watch your video and saying you can be rich by canceling Netflix? I think it's the craziest thing I've ever come across in my entire life.
One of the federal cabinet ministers suggested that you do that in order to solve the problem of inflation in Canada.
If you're only prepared to make small changes, then you better be prepared for small results. But anyone in the Western world When you look at the data, the number two largest expenses anyone in the Western world will experience is taxes and interest. So legally reduce your obligations to taxes and interest and be prepared to reap massive rewards above and beyond canceling your damn Netflix.