Fri, 26 June 2020
337: The American Boomerang, World's Greatest 'Turnaround' Nation Will Do It Again by Nick Adams, Liberty & American Greatness, Townhall.com, Centennial Institute
Jason Hartman speaks with a four-time best-selling author, and motivational speaker, Nick Adams. Today, they discuss how the U.S. will turn it around, and continue to be the greatest country in the world. How would things be different if Churchill had not been around, and what similarities can we draw comparing him to Trump?
[3:30] How will the U.S. turn it around?
[6:30] Is the United States of America living up to its potential?
[9:00] How things would’ve been different had Churchill not have been around.
[10:20] Comparing Trump to Churchill.
[16:25] Never bet against America
Wed, 24 June 2020
The key is to take action, but the purpose of today’s show is to explain why the actions we take make sense. Jason Hartman and Evan Moffic discuss the mortgage credit availability index, MCAI, and affordability. What has changed since 2004? Why would one wait and try to time the market? What’s the opportunity cost of timing the market?
[3:00] Discussing the opportunity cost of lost money by waiting and trying to time the market.
[4:00] Diving into the affordability index and the MCAI
[9:20] Mortgage Credit Availability Index MCAI
[10:00] Affordability = mortgage payments vs income
[12:30] Show recommendation, America In Color
[14:00] Watching the index move, in hindsight, from 2004 to 2019. What can we learn and expect?
[22:00] At some point, you want to be satisfied.
[24:15] “Successful people are willing to do things that unsuccessful people are unwilling to do.”
[30:00] Choose your company well.
Fri, 19 June 2020
Position or Profit? Position yourself for the rise of suburbia. With several contributing factors for people migrating away from mid-rise and high-rise condos, suburbia looks better and better. Jason Hartman shares real estate investing strategies that have proven effective for decades. However, current events have made these strategies more appealing. Investment Counselor, Doug, shares supporting investment tips based on the book, The Dao of Capital by Mark Spitznagel.
[1:00] Investment Counselor, Doug
[1:30] Discussing, The Dao of Capital, Investing in a Distorted World, Mark Spitznagel
[3:00] Instead of focusing on profit, focus on your position.
[7:00] Discussing strategies like searching for weak companies
[11:00] When you have population migrations it puts upward pressure on both price and rents
[14:30] The demand for sub 250k homes goes up, as 2.3 million potentially leave mid and high-rise condos.
[20:00] Dollar-cost averaging, the Spitznagel way.
[22:00] Timing the market, people often forget to calculate the cash that they lose by waiting.
[24:00] People buy a house because the payment is affordable, not the price.
Wed, 17 June 2020
Consuelo Mack of Wealth Track on PBS joins the show today to elaborate on the effects of the non-discriminatory Coronavirus. She expects to see two economic waves from this, and the second has yet to hit. Find out where she, unlike many others, recommends that you invest.
[1:30] Yes, this pandemic is non-discriminating, but a great takeaway is how lucky we are in America. Now is a time for most to reevaluate their personal, and professional lives.
[4:00] Expecting two waves in the economy. First, the shock and stop. Second, the aftershock and termination of employees.
[5:00] Cash reserves are extremely valuable in times of crisis.
[6:00] Cash is not trash!
[7:45] The value of liquidity can not be underestimated at times like this.
[12:00] People are already taking action to leave high-density areas.
[17:20] Reverse mortgages
[23:15] What role does FinTech play in all of this?
Fri, 12 June 2020
Jason Hartman talks with guest, Mark Moss, who believes in fully diversifying your investment portfolio. Mark shares his strategy on investing in gold, stocks, real estate, and even cryptocurrency. All of his strategy leads back to the idea that cashflow is the name of the game. Bitcoin does not need to be the global currency to have weight and validity. From game-theory to understanding what gives the currency its value, Mark shares what he knows about investing across the board.
[1:30] The smartest people in the world know that they don’t know.
[3:00] Cashflow is always the name of the game, but I don’t forget about investing for growth.
[7:00] Determine your own tolerance for risk.
[9:45] Understanding money creating, through debt.
[11:25] Since 1971, our standard unit of value has been severed.
[14:00] Fake wealth vs creating wealth
[17:00] Shifting to Cryptocurrencies
[19:00] Shifting to Cryptocurrencies
[22:20] Will cryptos lead to a separation of money and state?
[26:00] There shall never be sound money again until it is taken from the government.
[29:10] Understanding the bitcoin halving.
[32:30] While bitcoin may be limited, Cryptos, in general, have no limit?
Tue, 9 June 2020
Jim Puplava joins today’s show with much to talk about the supply chain disruption, and what’s to come of it. Jim says that business innovation is a must, and it looks as though companies like Walmart have already started making changes. These efficiencies aren’t only applicable in pandemic times, these strategies will prove to benefit businesses and patrons while we shelter-in-place or not.
Jim Puplava’s interview is continues with a discussion on inflation or stagflation, where do we see the immediate future of the U.S.? As well, Jim shares some interesting concepts about cryptocurrency, why it might be used, and why it might be rejected. Finally, Jim answers why negative interest rates cause a problem with cash.
[1:00] The supply chain has been disrupted. While it will take some time to correct, some of it will be beneficial.
[3:00] Inflation is a lot more money chasing fewer goods and services.
[10:40] Still singing the “creative destruction” tune. Business innovation is a must.
[11:45] The oil market, and the perfect storm.
[17:15] Is our future inflationary or stagflationary?
[24:20] Jim, what do you think about cryptocurrency?
[26:35] Why do negative interest rates cause a problem with cash?
[30:48] In the U.S., what’s the result of our debt to GDP ratio getting out of line?
Sun, 7 June 2020
Ellen Brown is today’s guest here to discuss Universal Basic Income, UBI. As well, she shares some interesting details about what happens to the money when a debt is paid. How did China increase its money supply by such a large percentage in two decades?
Guest: Ellen Brown, author of over a dozen books including, The Public Bank Solution, From Austerity to Prosperity
[2:30] What is a postal account?
[10:45] What is the end game of money spending?
[12:10] Money is lent into existence. Banks create the principal but they don’t create the interest, so debt always grows faster than the money supply.
[15:00] The real economy is always short of money because there’s a hole in the bucket that always drains into the financial economy.
[16:00] What is the financialized economy?
[20:20] Debt grows until it gets so high that people can’t borrow anymore, so they pay down their debts instead of taking out new debts. That shrinks the money supply. That goes into deflation which goes into depression.
[22:30] Money evaporates when it pays off the debt.
[26:30] All of our money is credit. China increased its money supply by 1800% in twenty years, and they did not run into hyperinflation. Find out more.