Fri, 23 November 2018
Jason Hartman talks with Venture Alliance member Mike Zlotnik about cap rates in today's interest rate environment. Mike explains what happens to cap rates (and commercial real estate investing as a whole) when interest rates start rising. After years of artificially low interest rates, we're starting to see rates finally rise, so strap in and learn how to navigate the waters and get some real life numbers of the true impact.
[1:52] We are definitely in the period of abnormally low interest rates, and the Fed is raising them at a pretty rapid pace
[5:03] We've been spoiled by artificially low interest rates
[7:52] The inverse relationship between cap rates and prices
[12:28] A real life example of the impact of higher interest rates
[16:27] We live in a world where the Federal Reserve and the Treasury don't have to make sense
[21:43] Can the US government afford high interest rates?
[25:59] Why are rates going higher?
[28:58] How to prepare for higher rates
Fri, 16 November 2018
Jason Hartman plays some of his segment from the latest Cash Flow Wealth Summit where he talks about the 6 ways the US government can solve their $220 trillion obligation and which one we can take the most advantage of as investors.
[2:57] The difference between money and currency
[5:50] The 3 basic economic maladies
[8:01] The entitlement society isn't going to change, so align your interests
[9:45] We must understand the motivations of governments and central banks
[11:43] The 6 ways the government can deal with the looming entitlement bill
[19:23] The most likely solution the government will choose
[23:02] Inflation is the most powerful method of wealth redistribution from lenders to borrowers, old to young
Mon, 12 November 2018
Jason Hartman talks with Ross Baird, President at Village Capital Group and author of The Innovation Blind Spot, about where all the startup money is going these days. Venture capital is flowing to tech and everyone's trying to hit a home run, not a bunch of singles. Ross discusses the danger of our current "winner take all" mentality, some options for what to do with the big companies like Google and Facebook, and why sometimes looking in your back yard for an investment is the way to go.
[2:48] Where is all the startup money going?
[5:57] Most people in positions of power and influence are unintentionally leaving out entire swaths of the population
[8:47] We're living in a "winner take all" type society right now
[11:18] The 3 options for what needs to happen to these big public companies
[15:04] You don't always have to look for the next big thing, sometimes you just have to look at what's going on right around your home town
[19:06] Everyone goes for location in real estate, but the better yield is in the non-trophy property
Fri, 2 November 2018
Jason Hartman takes today's episode to look at inflation, the trade war, and how the economy lags behind things like these. To help him with that dissection he brings in one of the new additions to his team, in house economist Thomas. Thomas helps Jason decipher his charts that show how the home sales change along with inflation and mortgage rates. All of these things add up to important tools you can use as you prepare your portfolio for the next recession we all know is going to show up sooner rather than later.
[1:40] What you see when you compare the 30 year mortgage rate to existing home sales
[6:02] Inflation has been announced as mild recently, but how does it impact the economy and attitudes in general?
[7:37] What does the trade war mean for inflation?
Fri, 26 October 2018
Jason Hartman talks with Matthew Gardner, Chief Economist at Windermere Real Estate. The two discuss what's going on in the macro US economy, what's going on with home inventory levels, some of the easiest ways to lower home prices, and the Millennial's (mostly futile) quest to save up for a down payment and more.
[1:34] What's Matthew's take on what's going on in the macroeconomy
[4:22] What's going on with new home development? Will there be any break in inventory shortgage?
[8:35] The easiest way to lower home costs and ease the inventory crisis is by easing regulatory burdens
[12:10] Millenials are having a hard time saving up for a down payment and are asking for a loan from the bank of Mom & Dad
[14:56] Milennials want to live in the "exurbs" in townhomes, but home prices are pushing them out further
[17:21] It's taking a credit score of 740 to get a mortgage loan these days, but even if more people become eligible there's no inventory
[20:32] Factors that could trigger the next business cycle recession and what the next recession might look like
[24:50] Who are the "Boomerang Buyers" and how might they impact the single family rental rate growth?
Fri, 19 October 2018
Jason Hartman talks with Bill Janeway, an active venture capitalist, director of Magnet Systems and O'Reilly Media, Chairman of the Board of Trustees of Cambridge in America, and author of the recently revised and updated book Doing Capitalism in the Innovation Economy. The two discuss the 3 player game and the government's role on both the supply and demand side of the market, the digital revolution and the coming green revolution.
[1:27] How the thesis of the 3 player game came about
[5:24] There are markets that need government pushing the supply side of things for driving innovation, but sometimes the government even needs to be on the demand side, adding income to support the economy
[9:17] If the government hadn't jumped in on the demand side in the 2009 recession history has shown us what would have happened
[11:21] Wherever there's a market for assets there will be bubbles
[17:05] Why the digital revolution made Bill extend his book
[24:05] We've got a new challenge, a new technological revolution, which is the need for a new, green revolution
Fri, 12 October 2018
Jason Hartman talks with Ben Way, CEO of Digits, about how the future is going to look in the first part of their interview. The two start off discussing how Digits is going about turning regular credit cards into Cryptocards that allow you to spend your cryptocurrency but also hedge that purchase for a year. Then the two discuss the changes that automation is going to bring to our society, from dating to working, to risk aversion. Information is more available than ever before, is that actually holding us back?.
[1:17] How Digits converts your existing credit cards into crypto cards and gives you up to a 1 year hedge on your currency
[4:33] How the 1 year hedge is made possible
[8:47] Every innovation leads people to fear that everyone was going to lose their job and be displaced, but it's never really happened. Is this time different?
[12:19] What people forget about automation
[16:22] How do the logistics and hard drives of robots work?
[19:33] The plethora of information is making kids more risk averse
[23:15] The two things we get wrong when it comes to education
Fri, 28 September 2018
Today's 10th episode features Jason Hartman talking with Mike Starks about the state of America's health and how most of it can be solved with our eating habits. The two discuss the dangers of sugar, the importance of sleep, and the most important aspects of a diet that don't involve exactly what you're eating.
[4:12] America is the most nutritionally educated culture in the world, yet we're the most obese due to getting it wrong 40 years ago
[6:34] When fat is taken out of food, sugar is added in its place
[10:15] If you eat right and get good sleep you're 90% of the way to health, even without exercise
[13:39] If eating right isn't easy and taste good, you're not going to stick with it
[18:02] What's the solution to America's health problem?
[22:33] What the subscription plan entails
[26:45] Keep it simple so it become consistent
Fri, 21 September 2018
Jason Hartman talks with Matthew J Martin, founder & CEO of Blossom Finance, about how Islam views cryptocurrencies and what Sharia law says about debt and investing. The two examine what exactly Islam says about various actions, and how that impacts all facets of life for around 20% of the world.
[2:24] How Matthew views micro financing
[6:23] Why is it important to know what Muslims think about debt and cryptocurrencies?
[8:56] What about the Muslim investors today? Are they following Sharia law or not?
[13:06] Sharia law allows credit sales, you just can't have a 3rd party solely giving money
[16:18] Islam is about risk participation
[21:06] What is the Islamic view of cryptocurrencies?
[25:03] The law of the land is supposed to trump Sharia law, but that doesn't seem to be the view of many Muslims who are immigrating
Fri, 14 September 2018
Jason Hartman talks with John Tamny, director for the Center for Economic Freedom, Editor of Real Clear Markets, and author of Who Needs the Fed?: What Taylor Swift, Uber, and Robots Tell Us About Money about why he believes the Fed doesn't have anywhere near the power they're given credit for, why their policies aren't effective in today's world, and why demographics may not be as useful as they're believed. John & Jason also discuss the impact of automation on all aspects of our life. John is excited about what all of this change will mean for the common worker and believes it will lead to higher quality of life for all.
[1:58] How Uber made John realizing something about the Fed
[5:41] The importance of the Fed is vastly overstated
[10:43] The idea that the rest of the world is in on some deal where they hold worthless treasuries isn't realistic
[13:40] Demographic arguments regarding Japan don't hold a lot of weight with John
[17:27] Money flows to its highest use, regardless of the Fed
[21:55] Automation is going to lead into a surge in new kinds of jobs
[26:37] The demand for entertainment and service is going to explode
[28:26] Tamny's Law: as prosperity grows more and more people escape laziness because they find work they love
[30:06] John's thoughts on Universal Basic Income
Fri, 7 September 2018
Jason Hartman talks with Samson Williams, co-founder at Axes and Eggs, about the state of cryptocurrencies, especially in regards to fundraising. Samson discusses the current thoughts of the SEC on utility tokens, and explains the steps you need to take to launch an ICO, how much customer acquisition is running these days, why you SHOULDN'T pay your advisors in cryptcurrency, and more.
[5:10] Is the SEC going to come after utility tokens?
[9:17] How long does it take to set up an ICO?
[14:58] What are the steps to launching an ICO?
[18:35] Develop a budget before going out and hiring
[22:54] The basic customer acquisition cost was $36/person, but it's bringing in less and less money in investments
[26:18] Are the days of big ICO fundraisers over?
[28:19] Why you should pay your advisers in cash
Fri, 31 August 2018
Jason Hartman talks with Adam Andrzejewski, founder & CEO of www.OpenTheBooks.com, about wasteful government spending and how President Trump is doing at stemming the tide. Open the Books' mission is to track "every dime, online", even going so far as to have an app where people can follow the money in as close to real time as possible.
Adam discusses how pervasive the pork barrel spending is, how large the trough has grown, and what areas are most ripe for trimming.
[1:16] Why is Open the Books different from other government spending watchdogs?
[4:56] How is the Trump administration doing when it comes to government spending?
[9:12] Absurd levels of grants ($600 billion) were given out in the final year of Obama
[11:49] Pork barrel spending knows no party affiliation
[15:49] It's our constitutional right as citizens to see all the expenditures of our government
[20:18] 2016s highest bonuses
Fri, 24 August 2018
Jason Hartman talks with Pat Donohoe, author of the new book Heads I Win, Tails You Lose, about the habit of most Americans to delegate their investing, what we should be doing today financially, the use of debt in our country and more.
[2:09] The average American has delegated most of their life to 3rd parties
[5:21] The drive to save money now for the future and retirement is so that you can achieve freedom
[8:09] What should we be doing today for ourselves financially?
[13:00] Think of your employer like a customer, you want to keep them happy but you also want to maximize your revenue
[17:17] The entire country is based in debt
[20:00] The true narrative is to be smart with your money, not to get rid of debt
[26:28] Start to focus on the now rather than the mirage of the future, and start by taking the wool off your eyes when it comes to the banking system
Fri, 17 August 2018
AMA 234 - Cryptocurrency Investing Education with Consumer Financial Protection Bureau's Dan Rutherford
Jason Hartman talks with Dan Rutherford, deputy director for the Office of Customer Education and Outreach with the US Commodity Futures Trading Commission, about some incidences of fraud in options trading that his office is seeing, and what signs you can look for to make sure you're not scammed. The rise in prominence of cryptocurrencies has brought plenty of scam artists into the arena, and they're currently focusing education on binary options.
[3:06] What kind of fraud is going on in options?
[7:15] The main things you should be watching out for to recognize a scam
[12:53] There's a whole lot more education on cryptocurrencies needed in the general public
[15:47] Some tips to avoid fraud and how to help out others who may be being taken advantage of
Fri, 10 August 2018
Jason Hartman talks to one of his podcast mentors, Jim Puplava, host of Financial Sense, about his thoughts on the new tax reform, what's happening with inflation (both today and moving forward), the different motivation of millennials compared to former generations, and more.
[2:05] Will the new tax plan expedite people and companies leaving high tax states?
[6:53] Hidden taxes in states like California
[7:59] What's the endgame when states and municipalities go bankrupt? Is it just a federal bailout?
[10:53] Jim's current inflation thoughts
[14:23] How much longer can the US continue to kick the can down the road when it comes to the debt?
[17:49] Why double inflation arbitrage is fantastic for real estate investors
[21:03] What the next downturn is going to look like
[26:21] Jason's new theory
Fri, 3 August 2018
Jason Hartman talks with Alan Beaulieu, President & Principal at ITR Economics and author of Prosperity in the Age of Decline, about what's going on in our economy when it comes to energy, inflation, and millennials. The two take a look at the difference between virtuous and non-virtuous inflation, how the millennials might respond to seeing actual inflation (and ways you can educate yourself about how times used to be different) and why you should be excited about the things that are coming. Alan also gives his thoughts on the recent tariffs and tax reform.
[4:16] What's coming in the economy next
[6:15] What is "virtuous" and "non-virtuous" inflation?
[9:17] In 12 years there will be 30 million more people drawing down on Medicaid and Social Security
[13:24] Every single industry is having problems finding enough people, so the future isn't as bleak as you might think
[16:49] The 5 sources of inflation
[20:24] We're in a golden age with stable energy
[22:40] The 3 reasons Alan's excited about where we're headed
Fri, 27 July 2018
Jason Hartman talks to The Libertarian Chick, Kristin Tate, about the hidden taxes we all pay in our life, and how to do something about that. Kristin explains that often the taxes that we're paying are not being used for the purpose that you would assume they would be.
[1:27] Are millenials just not paying attention to fiscal policies?
[3:26] We are being taxed EVERYWHERE, even when we don't see it
[6:32] Where some of your tax money is going probably isn't where you expect
[11:35] The debauchery tax & unintended consequences
[15:13] Awareness is step 1, what's step 2?
[18:43] The smaller the municipality the easier it is to get rid of the tax
[23:54] How did Kristin get into this line of work?
Fri, 13 July 2018
In this 10th episode, Jason Hartman goes off topic with Joan Sotkin, host of the Prosperity Place podcast and author of Build Your Money Muscles, about how to rewire your brain for prosperity and financial freedom. Jane points out that you need to connect with your negative emotions about money because emotions are created to be expressed, as well as remembering that you're not doing it for money but for what the money allows you to do.
Joan and Jason look into why people quit at the first sign of trouble and how you can be part of the 2% of people who actually achieve change.
[1:44] Money problems aren't usually about money
[6:14] The questions you need to ask yourself when you're trying to change your bad habits
[9:44] You need to connect with your negative emotions surrounding an idea because emotions, by nature, need to be expressed
[12:04] Remember, you're not working for money, you're working for what the money will buy
[16:27] The people who are successful are problem solvers who see problems as opportunities
[20:44] What can you do about people who give up at the first hint of trouble?
[23:33] Only 2% of people who want to change actually make the change
Fri, 29 June 2018
Jason Hartman talks with Dr. Sean Worthington, creator of Cloud Coin, about what money really is, why it absolutely must be trustworthy, and why Cloud Coin is the solution for digital currencies. Sean says that Cloud Coin is an enormous development over Bitcoin and actually provides the most secure transactions around. Sean also touches on Jason's belief that government's can shut down cryptocurrencies with his explanation of why that's just not going to be the case.
[1:00] Sean's new definition of money
[5:11] Money MUST work as trustworthy data in order for the economy to work
[8:21] The story of the Island of Yapp
[11:13] Money tells us what to do and how to act, so it needs to have integrity
[16:23] Cloud Coin is the money that Sean has created, which just gets created into existence
[19:27] Cloud Coin's market cap is currently 17 million, and people are actually spending it
[24:36] Why Cloud Coin is a big development over Bitcoin
[29:41] Sean's thoughts on why governments won't be able to shut down cryptocurrencies
Fri, 22 June 2018
The worlds of cryptocurrencies and crowdfunding can work in harmony, but the world of the long term cryptocurrency lover and day traders may not be so harmonious.
Jason Hartman talks with David Drake, founder of LDJ Capital, about what's going on in the cryptocurrency world, regulations on the ICO market, and how currencies like Bitcoin might be incorporated into international currency baskets.
[3:33] What kind of regulations do ICOs have?
[8:13] Cryptocurrencies are now seeing two worlds collide: the old guard of people who are buying and holding versus the hedge funds coming in to trade and make money quickly
[12:12] G7 might put Bitcoin into their currency baskets because they're anti-inflationary
[15:07] Can cryptocurrencies overcome any potential opposition from governments and central banks?
Fri, 15 June 2018
There are new payment systems coming into play in the cryptocurrency world that are about to cause some big disruptions. Jason Hartman talks with Pavel Matveev, CEO of Wirex, about the new technologies, the main problem with cryptocurrencies, where Bitcoin is headed this year, and whether regulation in the crypto world will be a good or bad thing.
[2:39] The main problem with cryptocurrency right now
[5:17] Blockchain hasn't been designed to be scaleable and how that's being addressed
[9:25] What is Wirex?
[13:03] Pavel doesn't believe cryptocurrencies will replace fiat currency
[14:41] Bitcoin 50k in 2018?
[20:38] Who has to have a license to deal in cryptocurrency?
Fri, 8 June 2018
Jason Hartman talks with Chris Skinner, chairman at Financial Services Club, about how cryptocurrencies and blockchain are changing the banking industry, what changes are going to have the most impact in the coming years, if more regulation is needed, and how blockchain is actually used in commerce today.
Chris is an expert on financial markets and fintech. He is author of Digital Bank, ValueWeb, and Digital Human.
[1:08] Are big banks in trouble and at risk of going away at all?
[6:32] The challenge for financial institutions to deal with technology and change
[11:04] The most critical breakthrough coming in the next decade is a Digital Identity Scheme
[15:57] Do the big companies need to be regulated like utilities or be required to publish their algorithms?
[19:17] What's going on in cryptocurrencies today is equivalent to what happened with the World Wide Web in the 90s. We're trying to figure out which one will come out on top
[23:03] When will blockchain actually be used in commerce on a large scale
[29:02] How will the blockchain change how we love?
Fri, 1 June 2018
AMA 225 - Global Sports Financial Exchange and AllSportsMarket & Actor in A Christmas Story, Ed, Wild America, Almost Famous, Freddy vs. Jason's Zack Ward
Gambling has destroyed many lives, and it's something that actor Zack Ward thinks needs to be dealt with in our society. That's one of the reasons he's CEO of Global Sports Financial Exchange, the first investing platform for sports leagues, as well as determined to teach financial literacy.
Jason Hartman and Zack discuss how All Sports Market can help curb gambling by giving a new outlet more akin to the stock market, why they're trying to get more regulation, how they're using blockchain technology, and more.
[3:22] What's the difference between AllSports and gambling?
[6:43] Where is the All Sports Market going?
[7:38] Why All Sports is openingly welcoming regulation
[12:01] The unholy alliance between sports and gambling
[14:32] All Sports trading platform is based on blockchain technology
[17:50] Zack's mission to promote financial literacy, and how his company's learning center does that
Fri, 25 May 2018
There is a lot of talk in the news lately about a possible downturn in the US economy, yet Jason’s guest, Ali Wolf of Meyers Research is staying bullish. She says the important indicators to watch aren’t showing the normal warning signs of a market drop. Ali also discusses the trends of Millennials with regards to renting vs. buying a home, their purchasing cycles and what they are willing, and not willing, to pay for.
[01:03] Are we at the end of a business cycle?
[04:30] Ali uses the Quits ratio to judge the state of the economy.
[06:39] Three critical indicators to use as early warning signs to a possible market drop.
[09:29] Wiil Millennials be staying put and buying homes or are they the rental generation?
[16:33] Why modern, prefab homes may offer Millennials more amenities than space.
[27:34] Inventory of existing, resale housing is lower in every single market Zondo tracks.
Fri, 11 May 2018
Jason Hartman talks with Cullen Roche, founder of Pragmatic Capitalism, about macroeconomic events going on today, how Cullen studies the markets, why bonds are more attractive than many believe, and the investment strategy you have to adopt when investing in cryptocurrencies today. The two also take a look at the banking industry, money supply, and asset inflation.
[1:53] What does Pragmatic Capitalism really mean?
[10:26] The macro-economy still looks healthy
[13:40] Cullen looks at the economy like an engineer in order to try and understand what's going on
[17:18] Bonds are probably more attractive than most people believe
[20:10] Cryptocurrencies have become a "greater fool theory" investment
[24:32] Asset inflation is real and it's becoming harder and harder to get into the investor class
[28:50] The banking industry is what creates most of the money in our economy
[31:08] One of Cullen's outlandish theories
Fri, 4 May 2018
Jason Hartman talks with Harry Dent, author of the new book Zero Hour, about current demographic trends and what they means for our society (assuming fiscal and monetary policy doesn't go haywire), as well as how long technology takes to go mainstream and impact society, the impact of sunspots on our economy, environment, and psychology, why the new tax reform is the cure for the problem that doesn't exist, and more.
[1:55] What does Harry learn by looking at sunspots?
[6:10] There's both global warming and cooling going on right now thanks to sunspots
[8:08] Harry does NOT believe this is the time to be cutting taxes
[11:08] The greatest BS economic recovery in history
[14:12] How much does money trickle in this consumption driven economy that needs growth?
[17:05] Nobody takes downturns into consideration when planning the future
[20:39] When are we likely to see a spike in life expectancy?
[23:50] The wild card in predictions using demographics is the government's monetary & fiscalpolicy
[27:19] Why we're going to have a big revolution if things don't change
Fri, 27 April 2018
In this 10th Episode Jason Hartman talks with Vijay Eswaran, founder and Executive Chairman of QI and author of Two Minutes from the Abyss. The two discuss the importance of a sense of urgency, living in the moment, and why you need to look at the issues rather than the people trying to influence you.
[2:21] Why a sense of urgency is so crucial
[5:50] How the book got its name (and where Vijay got his sense of urgency)
[8:19] HOW do you start living in the moment and being appreciative
[11:06] How a misdiagnosis for one of Vijay's friends was one of the best things that happened to his life
[14:44] It's more important to listen to the issues rather than be influenced by personalities
Fri, 13 April 2018
Jason wraps up his interview with Macro Watch's Richard Duncan. The two tackle the topic of rising interest rates, better uses for going into further debt than giving it to tax reform, how the Fed will react to a tanking stock market, and what we can expect to see over the next few years.
[00:45] What people don't realize about interest rates
"People buy houses on a payment, not a price"
[1:56] What the Fed will do if the market drops 10% and what else will happen if it drops 20%
[5:15] What Richard wishes the government had done with the $1 trillion in new deficits that will occur from the new tax reform
[9:50] Why Richard thinks the government can invest as wisely as private companies
[14:16] What are the next few years going to look like?
[16:49] People need to get very familiar with quantitative tightening
Sat, 7 April 2018
Jason Hartman welcomes Richard Duncan back to the show to discuss what's going on with fiscal policy and interest rates right now. In the first half of the interview Richard talks about how the trade imbalance with China has enriched the nation and brought millions out of poverty, as well as how the general public has no idea how much the Fed is actually tightening, and how that will impact interest rates.
[2:45] Jason's theory on asset inflation and what it means if the millennials don't join the investor class like the baby boomers did
[5:22] Why the future from an Asian perspective is much brighter than from a US perspective
[7:31] Who's gotten the better end of the China/US trade imbalance?
[13:08] Richard believes the Fed is tightening more than people are understanding
[17:17] The Fed has been destroying at least $10 billion a month since October 2017 and it's going to get bigger
[19:52] The Fed will have destroyed $1 trillion by the end of 2019 if they follow through on their announced plan
[22:01] Is the Fed likely to make a course correction if rates go too high?
Fri, 30 March 2018
Jason Hartman takes a deep look into ICOs and what it takes to fundraise for them. Shane Liddell is CEO at Cryptologist & co-founder of the Cryptoconomy Summit, and he provides insight into how fundraising has changed recently, how to properly spend money to raise money for your ICO, and how to overcome marketing problems created by big companies such as Google, Facebook, and Twitter when they banned crypto ads.
[4:28] How do you raise money for a cryptocurrency?
[8:18] How much does it cost to do an ICO?
[12:12] Marketing troubles now that companies like Google, Facebook, and Twitter have shut down cryptocurrency advertising
[17:29] What's the minimum for an ICO?
[20:40] What do you actually spend the money on when you're raising money?
[22:46] How do you market ICOs when big companies are shutting you out?
[28:25] How you must always approach an ICO
Fri, 16 March 2018
It's time to take another deep look into rates and ways to finance your properties. Jason talks to lender Aaron about what's going on in regards to rates today, how it's been changing in the last few months, and where to expect it to go in the future.
The two discuss how higher interest rates don't necessarily mean your investments can't make sense. Higher rates also mean more write offs on your taxes, plus your tenant is still paying your debts. So you might have lower cash flow, but it can still be a great inevstment that gets better over time with your locked in rate.
[5:05] Every new regulation requires someone be hired to make sure the lenders are adhering to it, which raises costs
[7:08] What kind of rates can you get today with 20% down?
[10:16] Are people still taking out adjustable rate morgages for investment properties?
[13:02] You need to get your mindeset right when it comes to your real estate business. It's not always strictly about the cash flow
[18:47] The inverse correlation between bonds and rates
[20:49] The best strategy ever is to lock in as many 30 year fixed rates as possible
Sun, 11 March 2018
Jason Hartman welcomes William Cohan, New York Times columnist, special correspondent for Vanity Fair, former contributor to Bloomberg View, and author books such as Why Wall Street Matters, The Last Tycoons, and House of Cards.
William tells Jason his views on the Trump administration, why Donald has had a hard time draining the swamp and who really is to thank for the low unemployment rate and the steady economy.
[1:13] The Trump administration, leverage and cleaning out the gears of the machine that is the US economy.
[7:24] A grand bargain with Wall Street would mean revamping much of its incentive system.
[13:40] Draining the swamp is harder to do than it looks.
[13:23] What we should expect out of the economy and employment.
Fri, 2 March 2018
In the final part of Jason's interview with Andrew Zatlin, the two take a look at whether the future of our economy is inflationary or deflationary. The two also look at the impact of technology on inflation, how it impacts the rental markets, and where the volatility in our economy will be in 2018.
Disclosure: this interview was recorded prior to the GOP Tax Reform being written and passed
[1:17] The proof in the inflation pudding is shipping costs
[6:32] The economy is strong in the background
[8:16] Warehousing had a huge impact on the start of the internet
[10:55] When you reach the point where payroll and population growth are the same you don't get wage inflation
[15:20] When housing affordability is low and prices soften, the rental market strengthens
[19:15] Where 2018 volatility will come from
Fri, 23 February 2018
In the first part of Jason Hartman's interview with Moneyball economist Andrew Zatlin, the two of them take a deep look at what's going on in the housing market through the lens that Andrew uses. He looks at hiring patterns of home builders, and has seen a distinct problem in their search for labor. So many industries are hunting for labor that it's creating a bottleneck.
The two also look at short-term rentals, hotel vacancies, the Fed's monetary policy, and what's creating the demand for housing.
[1:16] Andrew likes to check in with companies about what they're doing in regards to hiring
[3:45] Home builders can't hire enough people right now. The bottleneck is labor because there's a LOT of competition for it
[6:42] One question we need to ask is: what's creating all this demand for housing?
[10:47] The environment today makes it more attractive to buy rather than rent
[16:37] Do short-term rental providers need to worry about oversupply?
[18:56] Hotel vacancy rates tipped into the negatives this past year because of short-term rentals exploding in popularity
[21:36] Demand will create supply, but sometimes supply can create demand
[25:27] The Fed is on a trajectory of tightening
Fri, 16 February 2018
Jason Hartman welcomes Connor Boyack, author of the Tuttle Twins children's book series, and founder of Libertas Insitute, to discuss the need for education about our rights and liberties to be taught to children at a young age. The Tuttle Twin series is aimed at taking important pieces of adult literature and distilling them into key points to emphasize in a way a child can understand.
Jason and Connor dive into subject matter including how government and powerful entities erode our freedoms through fear, whether cryptocurrencies will stick around for the long haul, and how we can actually act to improve our situation.
[2:08] Critical thinking is on the outs in our society
[4:52] The way the system has been set up is totally rigged and takes too much effort to fully understand
[8:50] As a society we have no incentives to change our ways
[10:48] Connor's life as a prepper was not a healthy one, and why he likes cryptocurrency
[14:00] Jason doesn't believe cryptocurrency will truly catch on because it's a director competitor with central banks and governments
[18:14] Will governments shut down cryptocurrencies?
[21:16] The government is eroding our freedoms in the name of "protecting the little people"
[24:49] Some more subtle ways in which our fears are being used against us, such as avian flu, swine flu, Y2K, etc
[28:11] Europe has become a disaster through socialism, immigration, and political correctness
[29:39] Connor's long play to improve society
www.TuttleTwins.com (promo code "liberty")
The flip side of having individual liberty is having personal responsibility and accountability
We are so acted upon, rather than acting
Sat, 10 February 2018
Jason Hartman talks with Daniel Amerman, CFA, about the need for legitimate economic data and whether we can get any of that from the government. The two also take a deep look at our nation's rising debt and what that means for the US currency moving forward.
[2:42] Daniel recently reverse engineered the Congressional Budget Office's long term economic outlooko
[6:32] Is the CBO a credible source of information?
[8:41] Technically there's no such thing as an unfunded liability
[13:47] What does a heavily indebted nation mean for the investor?
[15:57] "It's crucially clear that, when you have a $20 trillion national debt, that interest rates can't rise too much"
[19:48] Why Jason hates hedonic indexes
[23:39] There's a lot of inflation that we either don't see or we don't acknowledge
[28:12] A 2% higher rate of inflation is magic for maintaining financial solvency
[31:23] When everyone learned that stocks were the magic wealth building machine they bid the prices of stocks so high the dividends crashed, which ruined the wealth creation
[34:02] Daniel is a huge fan, not of income property, but of the mortgage
Fri, 2 February 2018
In this 10th episode interview, Jason talks with serial entrepreneur Peter Sage, author of 5 Keys to Master Your Life, about his recent 6 month stay in jail and how he was able to use that as a teaching (and learning) experience for himself, the inmates, and his students.
The two touch on the importance of identity, the need for ego strength & ego drive, what drives people, and more.
[2:29] Peter's latest "adventure" that landed him in jail
[6:55] Identity plays a huge part in how you deal with life
[12:46] Peter's idea of a "contrast frame"
[15:03] Why do people give up at the first sign of adversity? The difference between ego strength & ego drive
[17:14] Most people are driven by G.O.O.P.
[21:37] We need to learn how to love more
Fri, 26 January 2018
Fake news is abound in our country, and it's getting harder to figure out what to believe and what not to. David Mondrus, however, has founded Trive, which uses the blockchain to stop the spread of fake news through crowd sourcing.
Jason Hartman talks with David about how the blockchain is able to do that, why cryptocurrencies won't be shut down by the government, the transformation of Bitcoin, why Trive is releasing their own coin, and more.
[1:51] How Bitcoin and Blockchain are related
[3:37] Is there more than one blockchain?
[10:25] Is this all just a bunch of fake work using vast quantities of energy?
[13:35] Bitcoin's transformation over the past few years
[16:08] Bitcoin represents a fundamental change in society
[17:35] Why government cryptocurrency won't be the one that succeeds
[21:51] The friction in money movement and why it's different with Bitcoin
[25:44] How blockchain can provide a way to avoid things like "fake news"
[30:20] Figuring out what news should be trusted BEFORE you consume it could stop fake news from happening
[31:56] Why Trive needs to release a new coin rather than using an existing one
[35:50] How the SEC is inserting itself into the cryptocurrency world
"Bitcoin represents a fundamental change to society equal to the printing press"
Fri, 19 January 2018
Jason Hartman went on The Financal Survival Network with Kerry Lutz on October 16, 2017, to discuss what's going on in real estate around the country, if we're approaching the top of the market, what's happened to the banks that were "too big to fail", Blockchain technology, and more.
Host Kerry Lutz and Jason also take a dive into the mortgage crisis of 2008, and whether it could make a comeback in today's environment.
[2:26] Where are the assets?
[7:02] Why it's important to remember that you can't hear the dogs that don't bark
[9:07] Too big to fail has gotten even bigger
[12:34] Jason saw the first part of the mortgage crisis coming, but didn't see the second part that involved Wall Street coming at all
[17:37] Blockchain technology is phenomenal, but it's not Bitcoin, which you HAVE to remember
Fri, 12 January 2018
Jason Hartman talks with Congressman Dr. Paul Broun about what's going on in Washington in regards to policy and the constitutionality of it all. This was recorded prior to the GOP Tax Reform bill passing, but Dr. Broun is a proponent of a tax system that's more in line with a flat tax.
The two discuss the irrational belief people have that the marketplace won't react to actions the government takes, as well as why the corporate tax rate needs to be reduced (and who that ultimately helps). They also discuss how to make change actually happen, and whether getting rid of the federal income tax is feasible and if it'd be harmful for the economy on the whole.
[2:20] The major principle of most politicians is re-election
[5:37] It's unrealistic to think that people are going to stop voting for things that are in their immediate best interest
[12:32] Many people seem to not think about the fact that the marketplace reacts
[16:28] Corporations don't actually pay the corporate tax, it's the consumer who bears the weight
[22:04] Making change happen is very hard, everything has been going to the left for at least 50 years. Paul wants to get rid of a lot of federal departments
[25:33] Would getting rid of the federal income tax and moving to a sales tax harm the overall US economy?
Fri, 5 January 2018
HAPPY NEW YEAR!!! 2017 is in the rear view mirror and we're meeting 2018 straight on. Today, Jason Hartman talks with Danielle DiMartino-Booth, author of FED UP! and founder of Money Strong, about her thoughts on the new tax reform bill, whether the corporate repatriation will improve the economy, cryptocurrency, the US shrinking labor force and more.
[1:29] Danielle's thoughts on the new GOP Tax Reform
[4:58] Share buybacks have slowed, why is that important?
[7:38] We have no idea what the unwind of the biggest experiment in monetary policy will look like
[10:29] Why the biggest bubble out there today is the confidence bubble
[11:24] Danielle's opinion of the cryptocurrency world today
[13:56] The best comparison for the cryptocurrency mania we see today
[17:14] The United States has had a shrinking work force for 20 years now
[18:10] We have GOT to change our education system so we can be competitive on the global stage
[20:19] Some bullet points about what Danielle will be discussing during her speech at Meet the Masters
So much of this tax law depends on unicorns existing that I just don't know how much faith we can put in it
2017 has been a record run rate for quantitative easing globally
You can't tell me that anything is a storer of value that can lose 25% in a week
Mon, 1 January 2018
Jason Hartman is proud to announce the latest addition to the 2018 Meet the Masters of Income Property event, Ken McElroy.
Ken is a Rich Dad Advisor and entrepreneur who is an expert in investment analysis, property management, and property development. He's responsible for over $700 million investment dollars in real estate.
Ken is the author of the best-selling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, The ABC’s of Property Management, and most recently his book on entrepreneurship: The Sleeping Giant.