American Monetary Association

Jason Hartman welcomes Simon Caron, the Uneducated Economist, who quite frankly, is a lot more educated than many economists out there! With a background in the lumber industry and his direct work in sales at a lumberyard, Simon's research comes from real world, real life experience as he deals firsthand with the current building material and lumber shortage logistical nightmare on a daily basis.

He reports that lead time for a lot of building materials is now three months and discusses the Cantillon Effect, worsening inequality and the crisis builders are facing just to get their projects completed. Builders are having to order supplies before they even have a permit, putting the cart before the horse! Simon also encourages you to pay close attention to debt (especially corporate debt), rising interest rates and central bank digital currencies.

UneducatedEconomist.com

"Welcome to the Uneducated Economist, the place where street level thoughts and conversations take place covering all things macroeconomics. I have never taken an economics course, nor was I raised with that being a common topic of discussion. When the great financial crisis hit in 2007, I found myself very confused by the collapse of the economy. What started off as curiosity, grew to a hobby, and has now become an obsession. Studying the economy, the cause and effects of monetary and fiscal policy is difficult to understand - to say the least. As The Uneducated Economist I take complex economic issues and break them down so anyone can understand and have a conversation about."

Key Takeaways:

0:29 Welcome Simon Caron, the Uneducated Economist - the logistical nightmare behind the current lumber shortage

4:29 Builders need to order supplies before they even have a permit which puts the cart before the horse

5:37 If building material costs keep going up, how can home prices stabilize?

8:04 Widening gap between housing starts and housing completions

10:12 Windows are to houses as semiconductor chips are to automotives

12:04 Simon Caron explains the Cantillon Effect

14:53 The Cantillon Effect leads to wealth transfer and poverty

17:19 How will this building and construction issue play out over the next 1-2 years?

20:02 The Fed has lost control over inflation

22:41 California's supply chain problems and shortages and the decline in the standard of living

27:02 Pay attention to debt (especially corporate debt), rising interest rates and central bank digital currencies

29:52 Moving away from the Dollar as a reserve currency

30:58 The good, the bad, and the ugly about central bank digital currencies

32:35 Central bank digital currencies and universal basic income are inextricably connected

34:50 It's become burdensome to use cash

37:37 Find Simon Caron on YouTube, Instagram and UneducatedEconomist.com

 


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Jason Hartman welcomes a special guest today, the mysterious and brilliant Doomberg, to discuss if the story of 2022 could be a food inflation and food shortage crisis born directly from the energy crisis that we're seeing today. Jason and Doomberg take on this ongoing train wreck energy crisis we're living through and discuss how China's response to the energy crisis that started in Europe is creating even more supply chain issues. The cost of energy is embedded into every product and service, and Doomberg demonstrates how this energy crisis is going to feed into substantial price shocks in the food space. Just consider how the price of fertilizer has recently skyrocketed! These increases will hit the poor and the lower middle classes of the economic spectrum the hardest, but they offer some possible solutions for uncertain times ahead.

"Doomberg is the anonymous publishing arm of a bespoke consulting firm providing advisory services to family offices and c-suite executives. Its principals apply their decades of experience across heavy industry, private equity and finance to deliver innovative thinking and clarity to complex problems."

Get Doomberg's latest articles: https://doomberg.substack.com/

Twitter: https://twitter.com/DoombergT

Key Takeaways:

1:00 What can we expect in 2022?

2:40 If you choke off the energy supply, you're deciding who lives and dies

4:13 Consequences of the anti fossil fuel movement

6:46 Liquid natural gas (LNG) prices are skyrocketing

8:56 Aluminum alloys, magnesium and the automotive industry

12:12 "America's Energy Strategy is Bonkers" - shutting down of the Keystone Pipeline and the national moratorium on drilling

13:37 Beholden to Vladimir Putin for supplying gas, Europe is one violent cold snap away from political uprising

14:45 The price of fertilizer has skyrocketed in the US leading to massive price spikes in food

16:13 "Starvation Diet" and inflationary food prices

18:54 Should we prepare for the worst? What can we do to prepare?

23:21 Increase the working capital of your home; being prepared is not selfish, it's responsible

26:57 Generators for emergency times

30:32 Economic and financial action steps for tough times ahead


Follow Jason on TWITTER, INSTAGRAM & LINKEDIN
Twitter.com/JasonHartmanROI
Instagram.com/jasonhartman1/
Linkedin.com/in/jasonhartmaninvestor/

Learn More: JasonHartman.com

Get wholesale real estate deals for investment or build a great business – Free course: JasonHartman.com/Deals

Free White Paper on The Hartman Comparison Index™: HartmanIndex.com/white-paper

Free Report on Pandemic Investing: PandemicInvesting.com

Jason’s TV Clips in Vimeo

Free Class: CYA Protect Your Assets, Save Taxes & Estate Planning: JasonHartman.com/Protect

Special Offer from Ron LeGrand: JasonHartman.com/Ron

What do Jason’s clients say? JasonHartmanTestimonials.com

Contact our Investment Counselors at: www.JasonHartman.com

Watch, subscribe and comment on Jason’s videos on his official YouTube channel: YouTube.com/c/JasonHartmanRealEstate/videos

Guided Visualization for Investors: JasonHartman.com/visualization

Jason’s videos in his other sites:

JasonHartman.com/Rumble

JasonHartman.com/Bitchute

JasonHartman.com/Odysee

Jason Hartman’s Extra YouTube Channel

Jason Hartman’s Real Estate News and Technology (RENT) YouTube Channel

Direct download: AMA_425__Doomberg_Predicts_Scary_Food_Shortage_Crisis_Ahead_v1.mp3
Category:general -- posted at: 4:23am EDT

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