ADAM METWALLY

Wealth · Episode 186

How Gen Z Can Build Wealth in a Broken Economy | Money Expert David McWilliams Explains

DAVID MCWILLIAMS

68 minutesVideo episode
How Gen Z Can Build Wealth in a Broken Economy | Money Expert David McWilliams Explains artwork

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The conversation

IN THIS
EPISODE.

Can you still build wealth when the system feels rigged against you? I sat down with economist and former central banker David McWilliams, author of Money: A Story of Humanity, to hear the five money rules he wishes he had known at 20.

David explains why poor people pay higher interest rates than rich people, why he calls interest rates the price of money, and what he would do with $5,000, $25,000 or $100,000 in your 20s. We get into the phases every bubble goes through, why he calls Bitcoin the Esperanto of finance, and why he thinks the middle aged have rigged the system against Gen Z.

He also shares why not one of the wealthy people he met in investment banking was happy, and why the people around you matter more than the money you make.

From the episode

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