American Monetary Association (general)

Dr. Bryan Taylor joins Jason Hartman as they rewind the clock 1,000 years to look at the history of interest rates and housing costs. The bubonic plague and the Spanish Flu have both had an impact on economics. How does this relate to Coronavirus? 

Living in urban areas has historically been out of necessity. Currently, technological advances have taken away the demand for living in highly populated areas. Taylor and Hartman discuss the change in housing costs as influenced by the bubonic plague 800 years ago, but how reliable is this information?

Key Takeaways:

[2:00] Are interest rates the lowest they’ve ever been in history?

[3:20] Government debt explained based on the influences surrounding World War II

[4:20] Did Paul Volcker make the right moves?

[5:30] Are interest rates too low? What’s the fallout?

[8:30] Prices are being controlled mainly by a lack of demand.

[12:00] Flashback 102 years to the Spanish Flu, what happened economically?

[16:00] Are we to face a repeat of the roaring ’20s?

[20:00] Technology has solved the necessity of living in urban areas.

[21:15] During the bubonic plague, 1/3 third of the population was wiped out, while the houses remained, causing the most significant housing price drop in history.

[25:25] How reliable is 800-year-old data?

Websites:

GlobalFinancialData.com

JasonHartman.com/Asset

JasonHartman.com/Webinar

www.JasonHartman.com

www.JasonHartman.com/properties

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

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1-800-HARTMAN

Direct download: AMA_Brian_Taylor_1521.mp3
Category:general -- posted at: 12:00pm EDT

Jason Hartman’s guest today is author of Was Jesus A Socialist?, Lawrence W. Reed. Jason and Lawrence clear up some confusion about socialism and communism. As well, Lawrence responds to the question, “Was Jesus A Socialist?” Lawrence goes on to share scripture interpretation and how we can learn about investing or magnifying wealth. Lastly, Hartman and Reed discuss The Great Depression and break down some myths about how it started. 

Key Takeaways:

[1:45] Let’s clear up a bit of confusion on the term socialism.

[3:45] How does socialism and communism compare/contrast?

[8:30] Was Jesus a socialist?

[11:00] What can scripture teach us about investing or magnifying wealth?

[14:30] Breaking myths of The Great Depression.

[17:30] Explaining government programs, FDR to present.

[20:45] No society that has ever lost its character, has kept its liberty

Websites: 

lawrencewreed.com

fee.org

1-800-HARTMAN

JasonHartman.com/Webinar

www.JasonHartman.com

www.JasonHartman.com/properties

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

Direct download: AMA_Excuse_Me_Prof_Was_Jesus.mp3
Category:general -- posted at: 12:00pm EDT

What are the relations with China looking like for the US and for the rest of the globe? Brendan Ahern of the ChinaLastNight.com blog updates Jason Hartman on what he sees with China’s economy. Brendan touches on China’s ability to re-establish trust moving forward and how they might change from being such a largely export dependent country.

Key Takeaways:

[1:30] Where is China now, in regards to reopening?

[3:15] How will China re-establish trust moving forward?

[6:15] How have the trade negotiations changed before and after COVID-19?

[9:45] “Even investing has become politicized”

[13:45] China realized that being very export dependent made them susceptible to downturns.

[20:30] Tourism has stopped, and not just in Hong Kong.

Websites: 

kranshares.com

ChinaLastNight.com

JasonHartman.com/Asset

JasonHartman.com/Webinar

www.JasonHartman.com

www.JasonHartman.com/properties

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

Direct download: AMA_Brendan_Ahren_China_Trade_War.mp3
Category:general -- posted at: 12:00pm EDT

Michael Daugherty joins Jason Hartman to reveal the corruption behind the system. It's a cycle of corruption for keeping safe amid the storm known as D.C. Michael shares his experience beating extortion only to be left hanging for the government. As well, Daugherty shares what he means "the trap that congress laid." 

Key Takeaways:

[1:15] The government has unlimited resources, prosecutors, and budgets, and none of 'us' have that.

[3:00] The dangers of academics like Woodrow Wilson.

[5:00] Michael Daugherty's story, from extortion to government. 

[9:30] Your enemy today will be your friend tomorrow, the cycle of corruption in DC

[13:30] Section 5 of the FTC Act: The trap that congress laid.

[16:15] What's Twitter's rational from removing Trump's video tribute to George Floyd?

[18:00] You can burn a house down in 3 seconds, you can't build it back as fast. 

Websites:

TheDevilInsideTheBeltway.com

JasonHartman.com/Masters 

YouTube Jason Hartman

www.JasonHartman.com

1-800-HARTMAN

Direct download: AMA_10th_1520_The_Devil_Inside_The_Beltway_Michael_Daughtery.mp3
Category:general -- posted at: 12:00pm EDT

Nobody wants to live in high-density areas anymore. It’s gone beyond the fear of coronavirus. Investment counselor, Doug, talks with Jason about Inflation, Inflation, Inflation. As well, Doug and Jason discuss the middle-class fiction. What is happening to our middle-class, and how can we learn to create wealth? Finally, rent is due, and residential tenants are paying, but are commercial real estate landlords having the same good fortune through pandemic times? Everyone is working from home, and most people are enjoying it.

Key Takeaways:

[2:30] Nobody wants to live in high-density areas anymore. It’s more than just coronavirus urging persons to move to suburban areas.

[5:00] We are watching the ultimate collapse of the “middle-class fiction.”

[9:30] The whole middle class is being hollowed out. 

[12:45] Rent stability seems to be almost on par with previous years.

[16:00] Commercial tenants are having a much bigger problem paying rent when compared to residential tenants. 

[20:00] Inflation, Inflation, Inflation. 

[26:45] If you give the government unlimited authority to deal with the climate, it won’t fix the climate. Instead, you’ll have an authoritarian government with an equal or worse climate. 

[31:30] People can work remotely, and they like it!

Websites: 

JasonHartman.com/Asset

JasonHartman.com/Webinar

www.JasonHartman.com

www.JasonHartman.com/properties

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

Direct download: AMA_Inflation_Sectors__Rent_Collection.mp3
Category:general -- posted at: 12:00pm EDT

Dr. Richard D. Wolff, professor of economics and author of Understanding Marxismjoins Jason Hartman today, discussing the global economic meltdown. Wolff shares his interpretation of marxism and why he believes that is has been poorly applied. As well, Hartman and Wolff discuss capitalism in America, the perception and the reality. 

Wolff and Hartman discuss the disproportionate pay between CEO and workers. The CEO to worker compensation ratio has changed dramatically. Wolff states that a cooperative/directorship might work using the example of The Mondragon Corporation. 

Key Takeaways:

[2:15] Was Karl Marx's ideas applied wrong?

[8:45] "A liberal and a marxist are not the same things."

[10:30] What is a Marxist? 

[12:45] Capitalism didn't make the break from fatalism and slavery that it thought it did. 

[16:45] Did any country have genuine pure marxism?

[20:30] "There's a reason that a very small number of people are capitalists (entrepreneur) and a very large number of people are workers" - Wolff

[20:45] How do we solve the issue of disproportionate pay between boss/worker, redistribution? 

[24:00] How would a company run with a representative republic, cooperative, or directorship?

[25:10] Successful Co-op, The Mondragon Corporation. 

[31:45] What is the Yellow Vests Movement?

Websites:

Richard Wolff Youtube

www.democracyatwork.info

www.rdwolff.com

1-800-HARTMAN

JasonHartman.com/Webinar

www.JasonHartman.com

www.JasonHartman.com/properties

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

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Direct download: AMA_1503_Richard_Wolff_Part_1-2.mp3
Category:general -- posted at: 12:00pm EDT

Jason Hartman is joined today by Chris Skinner, Chairman at the Financial Services Club and founder of Finanser. Chris has authored the books: Digital Bank: Strategies to Launch or Become a Digital Bank, Digital Human: The Fourth Revolution of Humanity Includes Everyone, and Doing Digital: Lessons from Leaders.

Jason and Chris talk about the future and the role that technology plays in it, or the lack of a role for humankind. This tech-talk touches on modern banking technology, how to start a bank with $50k. Lastly, robotics and philosophy. What is our purpose when work is in the hands of robots? 

Key Takeaways:

[2:15] Banks have been challenged technologically because they have not updated their systems

[4:00] Antiquated banking systems are often referred to as spaghetti structures that need updates recently forced by COVID-19.

[5:30] Big banks are too big to fail.

[8:00] What makes Stripe such a standout business regarding FinTech Companies?

[12:30] Everyday living is in the new hip and cool bank. 

[13:45] Can anyone launch a digital bank?

[17:00] Switching gears to robotics and technology in the future.

[20:00] There have been two significant behavioral shifts immediately since this lockdown.

[23:00] On robotics and essential work, what happens when people no longer need to work?

Websites: 

TheFinanser.com

ChrisSkinner.Global

www.JasonHartman.com

1-800-HARTMAN

Direct download: AMA_-_Chris_Skinner_Digital.mp3
Category:general -- posted at: 12:00pm EDT

Jason interviews Chrysta Castañeda, author of The Last Trial of T. Boone Pickens. Get the oil and gas industry insight from Chysta, the go-to lawyer for high stakes litigation in the energy industry and beyond. Chrysta shares her experience with T. Boone Pickens and her knowledge of the current oil market problems. 

Key Takeaways:

[1:30] What happened with Pickens and how did the investment deal go bad?

[5:40] "As we saw the financial markets plummet, so did the oil market"

[6:30] Suadi Arabia and Russia are starting a supply war with oil, which was already oversupplied

[8:30] There is a coordinated market mechanism for oil production limitations

[11:40] Brief history about the name "Railroad Commission"

[14:00] Will we shift to a larger work-from-home community?

15 plastic

Websites:

www.LastTrialofTBoonePickens.com

1-800-HARTMAN

www.JasonHartman.com

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

Jason Hartman’s Blogcast

Direct download: AMA_346The_Last_Trial_of_T._Boon_Pickens_by_Chrysta_Castaneda.mp3
Category:general -- posted at: 12:00pm EDT

Hugh Hendry joins Jason Hartman to share what was going through his head through the 2008 recession and what preliminary actions he took to position himself well. Everyone is wondering “where are we going [market]” and Hendry shares some thoughts based on actions the Fed took over the last 60 years. 

Hugh discusses the early signs of chaos that awaits us as we move away from an accepted form of order. It’s not always a perfect situation for investing, especially if you only have one mindset for profit. Chaotic times call for positioning yourself to profit from a different angle. 

Key Takeaways:

[2:00] 31.2% positive return back in the 2008 recession

[3:00] To be curious you have to misbehave first.

[6:30] Discussing the “boom-market in fear.”

[12:00] Everybody is wondering where we are going [market]? 

[28:00] What is your stance on Paul Volcker?

[21:30] What is the FED doing wrong?

[22:00] Looking for predictions in gold, the dollar, etc.

[29:30] We are conditioned by the very slow passage of time. 

[30:00] Gold has been trending.

[32:45] 50 years ago we were pivoting from chaos to order. Today, we are pivoting from an accepted order to chaos. 

[34:18] We live in a world where instead of reducing the money supply, they are desperate to increase the money supply.

[38:15] In preparation, think of the most chaotic events becoming normalized, and how you can profit from chaos instead of order.

[39:30] At the bottom of a deleveraging cycle, everything is cheap.

[41:30] “May you live in interesting times,” -the quote is back. 

Websites:

Twitter: @hendry_hugh

Instagram: HughHendryOfficial 

JasonHartman.com/Webinar

www.JasonHartman.com

www.JasonHartman.com/properties

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

Direct download: AMA_1484_Hugh_Hendry.mp3
Category:general -- posted at: 12:00pm EDT

Founder and former CEO of Build Direct, Jeff Booth, joins Jason on his discussion about deflation. Listen as best selling author of The Price of Tomorrow, Why Deflation is the Key to an Abundant Future, shares some of the knowledge from his book on deflation in the economy. 

Books:

The Price of Tomorrow: Why Deflation is the Key to an Abundant Future by Jeff Booth

Key Takeaways:

[2:00] There is nothing governments can do long term, deflation will win.

[5:30] Speaking about 2008, we should’ve ended up in a depression.

[6:30] Governments all over the world distort the market; they don’t allow price discovery. 

[7:00] Elaborating on the “Ponzi Economy”

[8:00] Deflation makes your value of money go up because goods and services go down in relation to your money.

[9:00] Can deflation be responsible for inflation?

[9:45] Price discovery example scenario: Zoom went from 10 million to 300 million users in a month and a half. 

[10:45] Why do governments fight deflation? 

[14:45] Understanding the power of inflation as it pertains to paying debt, but how much power does technology have over inflation/deflation? 

[20:30] Jeff Booth explaining his idea of doubling up.

[22:00] How can we understand exponential growth?

Websites:

Jeff Booth (@JeffBooth) · Twitter

JasonHartman.com

JasonHartman.com/Ask

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

JasonHartman.com/Webinar

Direct download: AMA_1479_Jeff_Booth.mp3
Category:general -- posted at: 12:00pm EDT