About Greg Feirman – Founder and CEO,

Top Gun Financial Planning

I dropped out of Philosophy graduate school to start Top Gun in 2006 to profit from the bursting of the housing bubble. The stock market peaked in 2007 and Top Gun beat the S&P by more than 50% in 2008 as the market crashed.

That’s when the Fed cut interest rates to 0% and introduced Quantitative Easing. It took me a long time to understand that all that money they were pumping into financial markets would prevent a Depression and in fact result in one of the longest and largest bull markets in history.

Fast forward a decade and the stock market was in another bubble fueled by the Fed’s easy policy – even before COVID. What we are experiencing now [Jan 1, 2022] is unlike anything in financial history. The Fed’s massive Quantitative Easing and the government’s gigantic stimulus packages in the wake of COVID have created a mirage of prosperity that will be shattered by crushing inflation.

The great Austrian economist Ludwig von Mises explained how easy money creates the illusion of prosperity which inevitably ends in a bust. The same thing will happen this time around. The only difference is the magnitude of the stimulus and the corresponding size of the bust.

America is on the brink. While this is not what I wanted, it’s what, in retrospect, I have been educating myself for my entire adult life. I believe that I will be able to navigate through the impending crisis as well as anybody.