The Fed Hikes Rates To The Highest Level Since 2007, Now What?

The Fed Hikes Rates To The Highest Level Since 2007, Now What?

Author: Sam Dogen: Financial Samurai founder, personal finance blogger May 4, 2023 Duration: 22:33

For more nuanced personal finance content, join 60,000+ others and sign up for the free Financial Samurai newsletter and posts via e-mail. Financial Samurai is one of the largest independently-owned personal finance sites that started in 2009. 

Stay on top of your finances by signing up with Empower, the best free wealth management app today. Since 2012, I've been using Empowers free tools to manage my net worth an x-ray my portfolio for excess fees.

If you enjoyed this episode, please leave a positive 5-star review!

Episode Synopsis

Despite all the carnage in the banking sector, the Fed hiked rates again on May 3, 2023 to 5% - 5.25%. This is the highest Fed Funds rate since 2007, a year before the global financial crisis devastated millions of lives. 

Let's look on the brightside if we go back into a deep recession.

Posts mentioned:

The Upside Once The Fed Destroys The Middle Class

Personal Lessons Learned Since The 2008 Global Financial Crisis

Support My Books

To build generational wealth, pick up a copy of Buy This, Not That, my instant Wall Street Journal bestseller. The book helps you make more optimal investment decisions so you can live a better, more fulfilling life. 

To learn how to negotiate a severance and be free, pick up a copy of How To Engineer Your Layoff. Use the code "saveten" to save $10. 


Money isn't just about numbers on a screen; it's the tool that carves out the life you want to live. On The Financial Samurai Podcast, Sam Dogen digs into that reality with the same direct, experienced perspective that built his influential personal finance blog. You'll hear conversations that go beyond basic tips, focusing instead on the strategic decisions and mental shifts required to build genuine wealth and security. Sam explores the intersection of career, investing, and lifestyle design, drawing from his own journey and insights from various financial trenches. This isn't about get-rich-quick schemes, but about developing a sustainable and intelligent approach to your finances. Each episode feels like a candid discussion with a knowledgeable friend who isn't afraid to tackle the tough questions about risk, opportunity, and what "financial freedom" actually means for different people. Tune in for a podcast that consistently challenges conventional wisdom, offering actionable advice for making your money work harder so you can focus on living better, on your own terms.
Author: Language: English Episodes: 100

The Financial Samurai Podcast
Podcast Episodes
The Active Investing versus Passive Investing Debate [not-audio_url] [/not-audio_url]

Duration: 13:57
Join 60,000+ others and sign up for my free weekly newsletter so you never miss a thing. You can also get every post I publish immediately in your inbox by signing up here. If you enjoy this podcast, I'd appreciate a gre…
How To Invest In Top Venture Capital And Venture Debt Funds [not-audio_url] [/not-audio_url]

Duration: 11:29
Join 60,000+ others and sign up for my free weekly newsletter so you never miss a thing. You can also get every post I publish immediately in your inbox by signing up here. If you enjoy this podcast, I'd appreciate a gre…
Regrets And Wins Now That The Pandemic Is Over [not-audio_url] [/not-audio_url]

Duration: 33:16
If the pandemic taught us anything, it's that life is not guaranteed. If you have debt and/or dependents, get life insurance. You can receive custom competitive quotes through PolicyGenius. Once my wife locked down affor…
Generational Wealth And Two More Solutions For Anxious Parents [not-audio_url] [/not-audio_url]

Duration: 23:45
Please take a moment to rate and review this podcast! It helps keep us going. This podcast is ad-free and a labor of love. To build generational wealth, pick up a copy of Buy This, Not That, my instant Wall Street Journa…

«1...678910