Fri, 30 October 2020
370: Rating America's Presidents, An America-First Look at Who Is Best, Who Is Overrated, and Who Was A Disaster by Robert Spencer
Jason Hartman is joined today by Robert Spencer, author of Rating America's Presidents, An America-First Look at Who Is Best, Who Is Overrated, and Who Was A Disaster. This book is a non-partisan analysis of the US President's performance in office. Jason and Robert discuss sociological changes in the US and harsh rhetoric from either party. Will the US re-elect Trump, if so, will he be the last Republican President?
[1:40] This is not a republican or democratic book; this book is America First!
[3:00] Are the left "for the people" or for big government?
[8:00] "With the truth about history, we can reclaim the public discourse." -Spencer
[14:20] If Trump wins reelection, where will the US be in 4 years?
[16:25] Will Trump be the last Republican President?
[20:00] Rating US Presidents, example: Woodrow Wilson.
[23:00] One of the recipes for being a good US President is…?
Wed, 28 October 2020
369: 10% Less Democracy & Hive Mind, How Your Nation’s IQ Matters by Dr. Garett Jones, BB&T Professor Mercatus, George Mason University
How do you define Democracy? Dr. Garett Jones and Jason Hartman traverse through a broad range of capitalism and democracy played out in different countries. Does one influence the other, or can they exist in moderation together? As well, Jones speaks to the typical choices of more educated people. Are groups more willing to cooperate if they have a higher or lower IQ?
[2:00] Democracy is an absolutely sacred value, but don't know what they mean?
[3:15] In most countries, judges kept "arm's length" away from voters who seem to have better economic performance.
[6:30] The American founders were not for pure democracy.
[8:00] Math and Science scores are pretty good predictors of individual life outcomes.
[11:00] More educated people are most likely to see the invisible hand and support laissez-faire.
[14:00] To some degree, Milton Friedman's prophecy was right: capitalism leads to democracy.
[16:00] What's the Da Vinci Effect for nations?
[18:20] Are smarter groups more cooperative?
[20:20] Willingness to delay gratification is a sign of intelligence.
[22:50] Are banks stealing our money through inflation, savings, or wealth?
Direct download: AMA_10_Less_Democracy__Hive_Mind_How_Your_Nations_IQ_Matters_by_Dr._Garett_Jones_BBT_Professor_Mercatus_George_Mason_University.mp3
Category:general -- posted at: 12:00pm EDT
Fri, 23 October 2020
Clear some confusion about tax strategy, and gain some added tricks of the trade by listening to this interview. Jason Hartman talks with Amanda Han and Matthew MacFarland, authors of Advanced Tax Strategies for Savvy Investors. Tax laws can change every year, so it’s crucial to take advantage of them as soon as you can. Learn what most investors forget to do for some of the best write-offs.
[2:30] Excited to have advanced tax strategy with a focus on RE
[3:00] Will we lose the 1031-Exchange with Biden in office?
[8:10] Many RE investment property owners overpay on taxes because they do not view themselves as a business when it comes to their taxes.
[13:40] How do I take more deprecation sooner than later, with a cost segregation study?
[20:20] How do you prepare to take unlimited deductions, regardless of income - by qualifying as a real estate professional?
Direct download: AMA__Advanced_Tax_Strategies_for_Savvy_Investors_by_Amanda_Han__Matthew_MacFarland.mp3
Category:general -- posted at: 12:00pm EDT
Wed, 21 October 2020
367: Former Senior VP of Community Lending at Fannie Mae & National Low Income Housing Coalition NLIHC Barry Zigas
Jason Hartman talks with Barry Zigas, Senior Fellow at Consumer Federation of America. Barry shares a brief, descriptive history lesson on how Fannie Mae and Freddie Mac came to be. Barry and Jason discuss the low and middle-income housing crisis and what factors contribute to homeownership rates.
Barry Zigas joins Jason Hartman to discuss student loans compared to home loans. Is this similar to a problem we’ve seen in the recent past? How does the shortage of affordable new homes drive inflation?
[1:00] Fannie Mae and Freddie Mac were both created by acts of congress.
[4:30] Is the Fannie Mae/Freddie Mac mission to increase homeownership?
[6:20] Let’s talk about global home ownership comparisons.
[11:00] What factors contribute to homeownership rates?
[12:15] There’s still discrimination in the mortgage markets.
[14:30] Redlining is a term defined as a percentage of non-white people living in a community.
[16:45] How much of the community reinvestment act is to blame for the great recession?
[21:00] Student loans compared to home loans, is this a perpetual problem?
[24:00] There’s a tremendous shortage of affordable new homes to buy, which is part of what’s driving inflation.
[27:20] San Francisco, what caused its high prices throughout history, and will that change from COVID-19?
[34:00] COVID-19 has employment implications, which will translate to housing implications.
Fri, 16 October 2020
Investor, entrepreneur, and Crypto Expert, Mark Moss, returns to the show today discussing what's happening in Mexico compared to California? Moss, a California resident, shares some aspects of California that are proving problematic moving forward. Will these bills in motion and aggressive attempts to combat climate change cause a California market crash?
“Every problem boils down to the money,” says Mark Moss. Mark Moss talks with Jason Hartman about his feelings on bitcoin and why it might be the most favorable currency, even over the dollar. This talk includes a quick history lesson sharing one aspect of currency evolution. As well, what will happen when the stimulus ends?
[2:00] Why is that the power stays on in Mexico, but not in California?
[5:00] California is leading the charge on fighting back against climate change.
[8:30] And what do experts say about the cause of the fire?
[13:00] With California's chaos and the four bills in working order that could affect real estate, what will happen with the California real estate market?
[15:30] Will there be a real estate crash in 2021?
[17:10] Mark speaks about one market misconception.
[18:30] The markets; stock, real estate, gold, etc., have become disconnected.
[20:00] What happens when the stimulus ends?
[22:30] How will this change cryptocurrency, like bitcoin?
[25:15] What makes bitcoin superior to gold or the dollar?
[26:45] A history lesson on African cowrie/aggry beads.
[28:40] “If the people understood the banking system, there would be a revolution overnight.” Henry Ford
Direct download: AMA_366__Market_Crash_Predictions_California_Climate_Policy_Crypto_History_Bitcoin__Mark_Moss.mp3
Category:general -- posted at: 12:00pm EDT
Fri, 9 October 2020
Jason Hartman interviews Lynette Zang, Chief Market Analyst at ITM Trading, about everything monetary policy. Opening with one of Lynette’s favorite charts shared from the FRED, Federal Reserve Education Department, Lynette, and Jason guide us through a discussion to clear up nominal confusion. Zang shares recent developments with FedNow and how this will affect the individual.
Jason asks Lynette what she recommends we should do to protect ourselves? Lynette expresses her confidence in gold and why this is one of the three central pillars of dynastic wealth. As well, Jason and Lynette discuss inflation, the how and why of its existence, and how it’s controlled.
[2:30] Looking at one of Lynette’s favorite charts from the FRED, Federal Reserve Education Department.
[3:45] Fiat literal translation: government decree.
[6:00] Nominal confusion; ‘they’ knew that people do not understand inflation and that they marry the legal money of the state because inflation causes nominal confusion.
[9:00] What is a total financial reset?
[11:10] The FedNow is about you, the individual, having an account directly linked to the Federal Reserve.
[13:45] The basis of wealth is capital formation. You’ve got to save in order to invest.
[19:00] What is Gavi, The Vaccine Alliance?
[27:00] Whenever you hear the term nominal, you must understand that the truth is being hidden.
[28:30] What should we be doing to protect ourselves?
[29:10] Dynastic wealth is real estate, rare metals, and gold money.
[31:40] Gold acts as wealth storage, holding its value over time.
[33:55] Inflation is an invisible way for the government to tax you more.
[35:40] Real estate inside of a reset faces two issues.
[37:30] There is almost no such thing as a free and clear property?
[43:30] How do negative interest rates work/exist?
[51:40] What does it mean when the LIBOR goes away?
Fri, 2 October 2020
George Gammon joins Jason Hartman remotely from Saint Barthélemy. What's happening with Japan's debt to GDP ratio, and how can the US compare to this? George talks about the change in the savings rate due to Coronavirus and how it is manipulated.
George and Jason discuss some ideas that the Fed may not want the common man to understand. As well, is deflation good or bad? Where are interest rates headed, and how can you come up with a prediction for that?
[1:00] Life in St. Barts, low crime rate, yachts, and more.
[7:45] Jason opens the discussion on Japanonomics.
[8:55] The US deficit just this year will be the same as the total amount of debt accumulated from 1776 to 2000.
[12:00] George talks on trades surplus.
[17:00] How did Coronavirus change the US savings rate?
[20:00] How has the savings rate been manipulated based on IRS' estimates.'?
[21:15] What is it that the Fed, or the powers that be, don't want us to know?
[21:29] Is deflation good or bad?
[24:00] Who 'owns' the Fed?
[29:30] In a truly free market, one is always trying to create a product that has more value than the money in your pocket.
[30:30] Where do you think these interest rates are going?
[33:00] George discusses using the Fisher equation to determine interest rates in the future.
[38:00] Is inflation necessary?
[44:30] Be prepared or you're going to be a victim
[48:55] What is Rebel Capitalist Pro?