American Monetary Association

Today Jason's finishes his interview with the FED GUY, Joseph Wang as he gives you a peek into some of the inner workings of the Federal Reserve. You can also purchase his book Central Banking 101 HERE. Please note that the views in this book do not necessarily reflect those of the Federal Reserve Bank of New York or the Federal Reserve System.

And check out TheCollectiveMastermind.com. We are going to where the FEDERAL RESERVE was created- in Jekyll Island, Georgia; and you are invited!

For much more awesome content, visit Jason's YouTube channel today!

Key Takeaways:

Jason's editorial

1:18 New Year's resolutions and a cruise vacation

4:19 Apartment rent to keep slowing this year

5:37 Chart: National single-family rent index

6:00 Chart: Home price appreciation by tier

10:19 Chart: Year Over Year Active Inventory Markets

12:07 For more information, join the EMPOWERED INVESTOR LIVE Summit. Get your tickets NOW!

Joseph Wang interview

13:22 Welcome back the Fed Guy Joseph Wang

14:16 The Fed, commercial banks and the Treasury- how they work together

15:47 When converting treasuries to cash fails

17:48 To END the Fed or not? The Fed as a product of the market forces

18:35 Central Bank Digital Currencies and social credit scores; the FED going beyond their mandate

20:56 Shadow Banking: The Primary Dealer- becoming part of the apparatus that implements monetary policy

22:48 The biggest change happening right now

26:49 The most fundamental change in how the economy is working

28:38 High inflation and high rates at the same time, what gives? 

30:00 Is it bad for capital or good for labor; wages versus inflation

32:50 Automation: labor shortage possible solution and the issues that come with it

 

Quotables:

"If the recession is due to supply constraints then cutting rates doesn't actually fix anything." - Joseph Wang

"The primary dealers are basically the only people the FED is willing to trade with. So they become part of the apparatus that implements monetary policy." - Joseph Wang

 

Mentioned:

Central Banking 101

Fedguy.com

TheCollectiveMastermind.com

 


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

Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/

Free Class:  Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund

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

Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals

Special Offer from Ron LeGrand:
https://JasonHartman.com/Ron

Free Mini-Book on Pandemic Investing:
https://www.PandemicInvesting.com

Direct download: AMA_451__1946_CW_-_The_Fed_Guy_Joseph_Wang_Part_2_v1.mp3
Category:general -- posted at: 5:00pm EDT

Today, Jason touches briefly on the housing inventory market. In this day and age, the government essentially have made building entry-level homes illegal, given the rules and regulations coupled with supply chain and labor issues!

Watch more content from Jason on his YouTube Channel today!

Central banking is magic. With a few words, the Fed can lift the stock market out of desperation and catapult it towards euphoric highs. With a few keystrokes, the Fed can conjure up trillions of dollars and fund virtually unlimited Federal spending. And with a few poor decisions, the Fed can plunge the entire world into a recession. The Federal Reserve is one of the most powerful institutions in the world, and also one of the most difficult to understand.

Joseph Wang spent five years studying the monetary system as a trader on the Desk. From that vantage point, Joseph saw firsthand how the Fed operates and how the financial system really works. His conversation with Jason aims to educate and demystify. He explains how money is created, how the global dollar system is structured, and how it all fits into the broader financial system.

But to have a broader feel of his experience as a FED trader, make sure to get his book, Central Banking 101 today.

Key Takeaways:

Jason’s editorial

2:03 Housing inventory shortage

6:11 “It’s an amazing time to be alive!”

7:39 A tectonic shift- find out more at the Empowered Investor LIVE event

Joseph Wang interview

9:12 Welcome back Joseph; is the Fed the biggest investor?

10:14 The FED is not trying to make money; it influences economic conditions

11:27 A little peek behind the “Desk”

13:59 Acting as the eyes and ears of the Fed and having a relationship with big banks

15:16 What don’t we know? accessing and interpreting private data

17:37 The REPO market

19:59 The implications on the REPO market in crisis

22:41 Types of money, money creators and the shadow banks

24:28 Quantitative easing; money printing versus hyperinflation

26:08 Creating loans, creating money

27:28 MMT- correct in theory; dishonest in implementation

30:07 An awesome economic ecosystem

32:33 Before the Reagan Tax Act

33:30 The Fed, commercial banks and the Treasury- how they work together

 

Mentioned:

Central Banking 101 by Joseph Wang

 


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

Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/

Free Class:  Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund

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

Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals

Special Offer from Ron LeGrand:
https://JasonHartman.com/Ron

Free Mini-Book on Pandemic Investing:
https://www.PandemicInvesting.com

Direct download: AMA_450__1945_CW_-_The_Fed_Guy_Joseph_Wang_Part_1_v1.mp3
Category:general -- posted at: 5:00pm EDT

1