myCPE

Drowning in Paper Money Bursts Bubbles 1 Credit

Drowning in Paper Money Bursts Bubbles 1 Credit

  • Rating

    4.1

  • Reviewed on

    July, 2023

  • Subject Area

    Economics

Learning mode

On Demand
  • Access the course at your convenience
  • Take the assessment test
  • Get your certificate
  • Attend the live interactive session
  • Answer the polling questions
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Learning Objectives

  • To recognize how mountains of money can cause inflation
  • To recognize the correlation between increases in interest rates and lowering bond prices due to inflation
  • To recognize the correlation between increases in interest rates and reductions in stock values

Course Overview

Current money printing is approaching $13 trillion. That’s more than the US spent in its 13 most expensive wars combined. I use wars because they’re the most expensive things I can think of. Money printing for Quantitative Easing (QE) appears to have worked, so the plan is to load on a bunch more paper money. Is there no limit?  Poking this bear is likely to bring inflation, which will burst current stock and bond market bubbles that rely on zero interest rates to stay inflated. 

This online CPE webinar covers following key topics:

  • How printing too much money leads to inflation.
  • COVID cost $5.2 trillion so far. World War II cost $4.7 trillion (in today’s dollars).
  • How inflation leads to increase in interest rates and lowers bond prices
  • How increase in interest rates causes reduction in stock values

On Demand Credits for All Qualifications

License details Credits Status
Economics for Certified Public Accountants (CPA-US) 1 CPE Approved
Finance for CPA in Canada 1 CPD Eligible
Macro-economic and environmental analysis for Accredited in Business Valuation (ABV) 1 CPD Eligible
Economics for Chartered Financial Analyst (CFA) 1 PL Eligible
Economics for Certified Fraud Examiner (CFE) 1 CPE Eligible
Economics for Delaware Licensed Public Accountant (DE-LPA) 1 CPE Eligible
Economics for Chartered Financial Consultant (ChFC) 1 CE Eligible
Certified Wealth Strategist (CWS) 1 CE Eligible
Certified Fiduciary and Investment Risk Specialist (CFIRS) 1 CE Eligible
Economics for Retirement Income Certified Professional (RICP) 1 CE Eligible
Macro-economic and environmental analysis for Certified Valuation Analyst (CVA) 1 CPE Eligible
Economics for Wealth Management Certified Professional (WMCP) 1 CE Eligible
Economics for Financial Services Certified Professional (FSCP) 1 CE Eligible
Economics for Iowa Licensed Public Accountant (IA-LPA) 1 CPE Eligible
Economics for Maine Licensed Public Accountant (ME-LPA) 1 CPE Eligible
Economics for Chartered Advisor in Senior Living (CASL) 1 CE Eligible
Economics for Chartered Special Needs Consultant (ChSNC) 1 CE Eligible
Economics for CIPM 1 PL Eligible

Additional Information

Credit

1

Course Level

Basic

Instructional Method

QAS Self Study

Group Internet Based

Pre-requisites

None

Advance Preparation

None

NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors.

About Instructor

Ronald Surz - CE/CPE/PL Credits for CPA (US), CVA, CFA

Ronald Surz

President, Target Date Solutions

  • 4.3
  • rating
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Ronald J. Surz is president of PPCA Inc. and its division, Target Date Solutions. He is a pension consulting veteran, having started with A.G. Becker in the 1970's. Ron earned an MBA in Finance at the University of Chicago and an MS in Applied Mathematics at the University of Illinois.

He has published regularly in such publications as The Journal of Wealth Management, The Journal of Investing, Journal of Portfolio Management, Pensions & Investments, Senior Consultant, HorsesMouth and the IMCA® Monitor, as well as contributed to and edited several books. Ron's most recent book is Fiduciary Handbook for Understanding and Selecting Target Date Funds: It's All About the Beneficiaries. Ron has served as a member of the following boards and councils:

  • City of San Clemente Finance Committee
  • Investor/Consultant Subcommittee of the Global Investment Performance Standards (GIPS) Executive Committee, established by the CFA Institute
  • Investment Management Consultants Association® (IMCA®) Board of Directors
  • IMCA® Monitor (newsletter) Editorial Board
  • IMCA® Standards of Practice Board Chair
  • Cainsoft Advisory Board
  • FinanceWare.com Advisory Board
  • Association for Investment Management & Research (AIMR) After-Tax Subcommittee
  • Risk-Controlled Growth (RCG) fund-of-hedge-funds Investment Committee
  • Sortino Investment Advisors Advisory Board
  • Capital Market Consultants Advisory Board
  • President of the Southern California Chapter of IMCA®
  • Rockwater Hedge LLC Advisory Board

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What is Self Study (QAS)?

Self Study QAS (Quality Assurance Service) is a NASBA and other regulatory bodies approved program designed for Professionals to complete their Continuing Professional Education credits through self-paced, interactive courses that meet the highest standards of quality and compliance. We are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn CPE credits through self-study?

To earn CPE credits, you must complete the self-study course, pass the required assessments, and submit the necessary documentation. Credits are awarded based on the completion of course hours and successfully passing the assessments.

Are the self-study courses approved by NASBA and other regulatory bodies?

Yes, all our self-study courses are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the rigorous standards for quality and educational content set by these organizations.

What are the requirements to maintain compliance with self-study courses?

To maintain compliance, you must follow the guidelines set by NASBA and other regulatory bodies, which include completing the course within the specified timeframe, passing the assessments, and keeping accurate records of your learning activities.

How can I access my course completion certificates?

After successfully completing a self-study course and passing the assessments, you can access and download your course completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

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