It’s been a heck of a bull run for U.S. equities in the past decade. With all of the capital that has piled into the stock market, you’d think that everyone would have benefited from this historic bull market. But is that really the case, and what’s going to happen when it all comes crashing down?

To get an expert’s perspective on these pivotal questions, Wealth Research Group interviewed Andrei Polgar, an economist, entrepreneur, investor, and YouTuber. Andrei owns the website AndreiPolgar.com as well as the popular YouTube channel One Minute Economics. Mr. Polgar is an expert on a range of topics, including economics, corporate and personal finance, exotic assets, entrepreneurship, and Internet marketing.

As a serial entrepreneur, Andrei Polgar has owned three hosting businesses, several development businesses, an auction platform, an escrow service, a digital asset brokerage service, and more. Mr. Polgar invests in premium domains as well as cryptocurrencies, and firmly believes that digital assets represent the number-one investment opportunity of our generation.

Courtesy of Andrei Polgar

Andrei also teaches people economics through his One Minute Economics YouTube channel and through books, including USA Today and Wall Street Journal bestsellers such as The Age of Anomaly. Andrei Polgar accepts consulting, interview, or partnership requests through his website, AndreiPolgar.com.

Wealth Research Group asked about who’s really benefiting from the current bull market, and according to Andrei Polgar, the main beneficiaries of the current economy have been those who were wealthy to begin with. The financial system has been “zombie-fied” in that we have made it dependent on stimulus, low interest rates, and so on, to the detriment of the average person who is not financially sophisticated enough to have exposure to assets which have done well.

We’ve turned our financial system into one where the unprecedented is now accepted as the status quo, according to Andrei Polgar. From 1913 until the Great Recession, we had $800 billion in the monetary system; in the U.S. at the height of quantitative easing, $85 billion per month was pumped into the system, or $1 trillion per year – more than had accumulated in almost 100 years.

We’ve turned our financial system into one where the unprecedented is now accepted as the status quo, according to Andrei Polgar. From 1913 until the Great Recession, we had $800 billion in the monetary system; in the U.S. at the height of quantitative easing, $85 billion per month was pumped into the system, or $1 trillion per year – more than had accumulated in almost 100 years.

But we’ve come to accept this unprecedented state of affairs as the status quo, according to Andrei Polgar, in the same way we’ve come to accept a debt-to-GDP ratio of roughly 100% as something normal for developed nations. Even with Japan’s debt-to-GDP ratio of over 200%, we have come to accept that as well, according to Andrei Polgar.

So, who has benefited from this? Those who were either financially well off enough or financially sophisticated enough to have exposure to the assets that have done well. Who has not benefited from it? Pretty much everyone else, according to Andrei Polgar.

Courtesy of entrepreneur.com

What, then is the endgame of all this? According to Andrei Polgar, even though it was mainly the financially wealthy and sophisticated who benefited from the run-up, when it’s time to pay the bill, we’re all going to have to chip in – just as happened multiple times throughout history.

To sum it up, more likely than not, the average person is not going to be on the receiving end of the major transfer of wealth that Andrei Polgar envisions. Andrei has plenty more to say about this to Wealth Research Group, so be sure to listen to the entire interview; plus, you’ll definitely want to visit Mr. Polgar’s website, AndreiPolgar.com, as well as his YouTube channel, One Minute Economics.

For more insights and analysis into the state of our economy and how to profit from it, you’ll need to read Wealth Research Group’s array of hard-hitting reports, including our Become Wealthy: Straight from Billionaires guide with a step-by-step process to attain permanent wealth, our Middle Class Demise: Escape the Clutches report to help educate and prepare you for the nation’s growing wealth gap, along with my Personal Treasure Trove of Wealth-Generating Stock Picks so you can generate consistent returns in your own portfolio.

Best Regards,

Lior Gantz
President, WealthResearchGroup.com