Fri, 25 October 2019
Jason Hartman talks with Hernando De Soto, founder and President of the Institute for Liberty and Democracy and author of The Mystery of Capital:, about the elements of capitalism that are most important and how property rights are absolutely essential. They also discuss the growing sentiment toward socialism in the United States and what impact that could have.
[1:45] The 5 mysteries of capital
[6:35] Capitalism is one of the few (if not only) systems that gives the lower classes a chance against the rich
[13:07] What we do as capitalists does not translate to what we do in politics
[17:53] The issue of equal opportunity for capital has to be addressed for capitalism to regain its popularity
Fri, 18 October 2019
Jason Hartman talks with Daniel Ameduri, co-founder of Future Money Trends newsletter and author of Don't Save For Retirement: A Millennial's Guide to Financial Freedom, about how the working environment has changed from the Baby Boomers to Millennials and how the Millennial generation need to change their mindset about retirement in order to not be left behind when they're ready to leave the rat race.
[4:02] What does Daniel mean when he tells people not to save for retirement???
[8:16] Beware financial advisers, there's more education required to be a hair stylist
[12:59] Millennials should embrace the freelance economy
[17:18] Daniel is seeing boom time for the next year
Fri, 11 October 2019
292: Governments & Digital Currency with Institute for Global Economic Growth's Richard Rahn, Advisor to President George HW Bush & Chief Economist of US Chamber of Commerce for Ronald Reagan
Jason Hartman talks with Richard Rahn, Advisor to former President George HW Bush and Chief Economist of US Chamber of Commerce for Ronald Reagan, about his thoughts on digital currencies and whether they will ever full grab hold in the United States with the power of the government. They also discuss Richard's time in politics and why he left the White House.
[1:00] When Richard started being interested in what would eventually become cryptocurrency
[8:23] The government could target any one of us because most people are committing crimes they don't even know about. But going after encrypted peer-to-peer transactions would be impossible
[12:16] Why does Richard think Bitcoin won't be the answer?
[13:29] Richard's time in the Reagan and Bush administration
Fri, 4 October 2019
Jason Hartman talks with Doug about short-term debt cycles and what's going on with our economic expansion that's been happening for years. It's been going on for a long time, and at some point it's going to turn, so how do we recognize it?
[2:10] The Wealth Effect in a booming economy
[4:44] What precipitates the turn of the economy?
[11:05] The principles that drive the stock market are the same ones that drive real estate
[14:40] Can GDP growth and stock market growth have diverging rates of growth for extended periods?
[19:57] The primary reason this economic expansion has gone on so long is that it hasn't been inflationary
[26:16] The looming pension crisis