American Monetary Association

James Altucher joins Jason to share his viewpoints on the economy, stocks, and more specifically the stimulus. As well, listen to the seriousness of this pandemic from a New Yorker’s perspective, and what it’s like managing life in the most challenging U.S. coronavirus area. 

James also discusses his moves in the stock market, and why he favors certain positions. As well, this pandemic will accelerate our development with technology and how we perceive colleges vs certificates.  

Key Takeaways:

Guest: James Altucher

[2:30] The New York and New Jersey Coronavirus perspective vs the rest of the nation.

[5:30] “The earlier models were wrong”

[10:10] “As long as you keep seeing insanity happen, those are all canaries in the coal mine.” -Altucher

[11:00] We know that the economy is going to wake up, we just don’t know when and how.

[12:40] Understanding why we should prep for supply shock.

[14:15] The GDP of a year is about 20 trillion dollars, 5 trillion per quarter. There is an expectation that 2 to 3 trillion will be withdrawn from the economy this quarter. 

[18:30] Is this stimulus enough, are the right people getting it?

[20:10] We, the proverbial We, all live better now than the richest people of the past. 

[28:39] Don’t buy SPY “the spider”, go with RVT instead. Royce Value Trust Inc

[29:20] Anything that was going to happen in ten years, will happen tomorrow

[31:00] Altucher shares his preferences on stocks based on some forced trends bound to happen in the next ten years.

[35:45] Florida has “luxury weather.”

[39:30] 40 alternatives to college, with James Altucher. 

Websites:

www.JamesAltucher.com

1-800-HARTMAN

www.JasonHartman.com

JasonHartman.com/ask

Jason Hartman University Membership

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

Direct download: AMA_328_James_Altucher_1453_1454.mp3
Category:general -- posted at: 9:00pm EDT

Be a doer! Jason Hartman discusses the risk/reward investment concepts when looked at in hindsight. It’s not about gambling, it’s about building solid fundamentals for investing. It’s understanding the advantages of multi-dimensional assets.

Jim Rogers returns to the show for his first time in seven years. Jim talks with Jason about government power, and their financial strategies. The big question concerning government stimulus right now is, “how will we suffer from this?” 

Jason’s Recommendations For Your Library:

Earl Nightingale’s Greatest Discovery

Jim Rogers, Adventure Capitalist

Key Takeaways:

[3:15] The hardest ship to sail is a partnership. Investing Commandment Number 3, “thou shalt maintain control”

[7:30] When you look back over time, the rewards always go to the doers. They always go to the risk takers!

[12:00] Returns based only on inflation induced debt destruction…at the official rate of inflation, which is often understated. 

[13:30] Jim Rogers

[19:30] Every government wants more power than they have.

[21:20] How will we suffer from this?

[27:00] “Whenever things go wrong in a country, thought history, politicians blame foreigns”

[36:00] “When I was younger, many people helped me. Even if I look like a fool, I’d like to help people where I can” -Jim Rogers

Websites:

JasonHartman.com

JasonHartman.com/Ask

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

Direct download: AMA_1463_Jim_Rogers.mp3
Category:general -- posted at: 9:00pm EDT

Casey Weade interviews Jason on the idea of pandemic investing, and how to know when it’s the right time to start investing in real estate. Since the remote world is becoming easier, and more friction-free, suburbia is on the rise. More so than ever, the home is the center of the universe. Pandemic investing means knowing about investment principles that work in hard times or easy times. If it makes sense the day you buy it, and the property is for essential living, you’re off to a good start.

Key Takeaways:

[2:00] Casey Weade talks pandemic investing

[7:05] Crisis is an opportunity riding the dangerous wind

[10:00] Suburbia is uniquely American

[14:00] The remote world is becoming easier, and more friction-free

[16:00] When is the right time to start investing in real estate?

[24:30] The home is the center of the universe

[28:00] Travel will change, and rentals will follow

[31:30] Vacationing is optional, so in tougher times, short-term rentals may suffer

[35:00] A good RV ratio, 1%, is worth its weight

Websites:

www.RetireWithPurpose.com

1-800-HARTMAN

www.JasonHartman.com

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

Direct download: AMA_Casey_Weade_Pandemic_Investing.mp3
Category:general -- posted at: 12:00pm EDT

Today, Jason Hartman discusses the Phillips curve and its relevance to our current economic situation. While we are all challenged in ways to adapt to our shelter-in-place advising, several benefits are being popularized out of necessity. Telemedicine, or telehealth, is growing rapidly, and not just for humans. Veterinary practices are using telemedicine for your pet's health as well.

Steve Hochberg returns to elaborate on the Elliott Wave. How do we know when we have too much debt, the U.S., or the individual? 

Key Takeaways:

[1:00] Is Kim Jong-Un alive?

[5:30] Telemedicine, we’re finally there

[8:00] The Phillips curve

[14:00] Monetary policy comes from central banks, and fiscal policy comes from the government 

Guest: Steve Hochberg

[22:00] Everything the Fed has said they’re going to do has been backed by the Treasury. The treasury has pledged to cover any losses that the Fed is going to incur through their lending programs, and this can’t go on forever

[24:00] How do we know when we have too much debt?

[28:30] “I think there’s a huge bull market starting right now, and it’s the bull-market in cash” -Hochberg

Websites:

www.elliottwave.com

Jason Hartman University Membership

1-800-HARTMAN

www.JasonHartman.com

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

Jason Hartman’s Blogcast

Direct download: AMA_1448_Phillips_Curve_Elliot_Wave_Steve_Hochberg_PART_2.mp3
Category:general -- posted at: 12:00pm EDT

Returning guest, Harry Dent, discusses the economy, company buybacks, and quantitative easing. Take a deeper look into the economic influence of each generation with their peak earning power, and peak spending trends. 

We are all searching for information on what to expect in uncertain times. Look at patterns Harry has analyzed to predict what’s to come. Jason discusses the roommate component as a part of understanding shadow demand for housing. 

Harry Dent shares his thoughts on where Baby Boomers and Millennials will go next, be that downsizing or repurposing the McMansions. What differences between the two generations have led to peak earning and peak spending trends, and how will they affect the housing market? 

[1:30] Harry Dent, Demographer

[2:30] Puerto Rico, better weather, lower cost and better tax benefits

[3:53] Famous for predictions on all aspects of the economy

[3:50 ] QE Quantitative easing

[8:00] What is the age of someone’s peak earning power and peak spending?

[8:50] “Quantitative easing is not putting money into the banks system and lending, it is literally buying financial assets like bonds, which puts more money into the pool that’s actually chasing financial assets, and that drives up financial assets.” - Dent

[13:55] Company stocks are going up because of shrinking the number of shares, rather than growing the economy

[13:25] You say the economy is fake?

[14:25] Governments always stimulate the economy

[17:55] Are company stock buybacks really that bad? 

[18:00] The stock market is the best leading indicator of the economy

[23:00] After 1995, things start to get out of whack in relation to GDP

[27:10] Every 90 years, like a clock, we see a bigger bubble and a crash

[31:00] What are the biggest bubbles now, Apple, Google, Amazon, tech companies

[34:00] China’s workforce peaked in 2011 and has been declining ever since

[38:40] Harry explains the repo-market 

[40:00] Harry Dent, "The baby boomers have sold their homes and joined the renters"

[43:00] In general, are the millennials in a good place or a bad place?

[46:00] Harry, “I like the high quality, the ten and thirty-year U.S. Treasury Bonds”

[50:00] What’s to come of the Millenials and the McMansions? 

[52:00] If we don’t rebalance this debt, and go through what you always go through after a debt bubble, we may end up like Japan

[56:00] Jason, "Financial assets like the wall street economy vs real assets like the main street economy are far riskier"

Websites:

www.HarryDent.com

PandemicInvesting.com

Jason Hartman Youtube: Harry Dent

1-800-HARTMAN

www.JasonHartman.com

Direct download: AMA_1427-29_Harry_Dent.mp3
Category:general -- posted at: 9:00pm EDT

Beware of the 'invisible tax,' inflation. Jason Hartman discusses inflation, poverty, and work-from-home lifestyle and advantages. In these challenging times, what professionals are able to stay optimistic? How are the elites transferring wealth?

In part II of today’s show, Jason interviews Jessica Mah, founder of inDinero. Tune in for pro-tips on loan approval for PPP & EIDL. How can you optimize your time with loan delays, and get ahead of the game? And, don’t forget to prep for the end-game of these loans, will they be forgiven? Follow the rules and we shall see. 

Key Takeaways:

[3:15] There are two types of taxation that we are paying: 1) The tax that we see, income tax, sales tax, etc 2) The inflation tax, which destroys the purchasing power of our money

[7:30] People are being driven into poverty in this quarantine, making it very difficult for some to adjust to the work-from-home lifestyle

[13:30] “Tis the set of the sails, And not the gales, Which tell us the way to go.” -Ella Wheeler Wilcox

[16:00] How are the elites transferring wealth?

[19:30] Jessica Mah, founder of inDinero, helping entrepreneurs run better businesses

[20:50] PPP has run out? Only 6% of all applications have been approved by the SBA and funded. 

[21:15] The SBA is saying the best option is to use the bank you are already with, although Jessica has seen more success getting a loan through smaller regional banks

[23:15] Have you seen success in getting loans with brokers?

[25:30] Every bank is accepting PPP & EIDL applications even though they’re both on hold due to running out of money

[26:45] How can you be successful at getting your slice of the bailout pie?

[18:30] Pro-Tips: Show your work; have an excel spreadsheet that shows how you came to your figures

[30:30] How difficult is the one-page application? 

[31:00] The Magic Question, “What is all of the information you need from me in order for the bank to formally process my loan application and submit it to the SBA?”

[34:00] This loan could be forgiven if properly played out

[38:00] Encouraged to apply for PPP & EIDL, but PPP is the better of the two options for covering big payroll sheets

Websites:

Blog.indinero.com

covid@indinero.com

www.PandemicInvesting.Com

www.JasonHartman.com

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

Direct download: AMA_1439_Jessica_Mah_inDinero_SBA_LOANS_PPP_EIDL.mp3
Category:general -- posted at: 12:00pm EDT

Stay Calm, Keep Good Counsel, Keep Your Eye On The Ball, Take Action. Rinse, and repeat. Jason Hartman is joined in today’s episode with his co-host from the Solomon Success Show, Rabbi Evan Moffic. Evan brings up some challenging questions about a new potential tax break from the CARES Act. What does Trump bring to the table as our first RE President? Will there be a global currency or an ever-growing nationwide rental assistance program?

Key Takeaways:

[1:25] New tax break, CARES Act, using depreciation to offset capital gains? 

[5:20] Trump is the first RE President

[8:30] Herd immunity thoughts in the U.S.

[10:00] Public health is linked to the economy

[12:30] Stay calm, keep good counsel, keep your eye on the ball, take action

[23:00] Review from a listener, Andrew. Thank you!

[25:15] Will we go to a nationwide rental assistance program, like section-8?

[27:00] Will there be a push to a crypto-currency? 

Websites:

TAX SALE Webinar Link

www.JasonHartman.com/Properties

www.JasonHartman.com

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

Direct download: AMA_322_CARES_ACT.mp3
Category:general -- posted at: 12:00pm EDT

Jason speaks with a client about their experience with a tenant not paying April 1. What are some creative resolutions to a tenant not being able to pay in hard times? In most situations, being strict with your tenant is advised, but in times as tragic as these, compassion goes a long way. What’s to come of China’s role in the world?

In part two of today’s show, Adam checks in with a lender for updates on mortgage rates and what to expect going forward. Lenders are still wary about how the market will go but advances in technology are being improved to close deals remotely. This is because tools are becoming more readily available like online notary with video proof. 

Key Takeaways:

[2:30] Tenants aren’t paying rent, but it’s our time as landlords to adjust our strategies

[8:00] Have a little compassion for your tenants 

[12:30] Look for creative resolutions to tenants not able to pay April rent

[17:40] Now, what is China’s role in the world, it’s changed so fast?

[28:00] When mortgage rates hit historic lows, and everyone is trying to refinance in one month, lenders hit capacity

[29:30] As we look for normalcy in the market, lenders are still very wary of where it may go

[25:15] Unemployment claims typically hover around $600k (weekly basis), predicted by Goldman Sachs to rise to $2.25 million

[39:00] If you want to know what’s best for your rate, you want to see the fed or other entities buying up mortgage-backed securities

[42:40] Technology is making advances so loans can continue to close, eg. online notary

Websites:

www.JasonHartman.com/Properties

www.JasonHartman.com

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

Direct download: AMA_321__COVID-19_Baby_Boom_When_Tenants_Cant_Pay_Mortgage_Update.mp3
Category:general -- posted at: 12:00pm EDT

Our returning guest, Harry Dent, discusses the economy, company buybacks, and quantitative easing. Take a deeper look into the economic influence of each generation with their peak earning power, and peak spending trends. 

We are all searching for information on what to expect in uncertain times. Look at patterns Harry has analyzed to predict what’s to come. Jason discusses the roommate component as a part of understanding shadow demand for housing. As well, Harry explains the repo-market.

Harry Dent shares his thoughts on where Baby Boomers and Millennials will go next, be that downsizing or repurposing the McMansions. What differences between the two generations have led to peak earning and peak spending trends, and how will they affect the housing market? 

Key Takeaways:

[1:30] Harry Dent, Demographer, Famous for predictions on all aspects of the economy

[6:00] What is the age of someone’s peak earning power and peak spending?

[8:50] “Quantitative easing is not putting money into the banks system and lending, it is literally buying financial assets like bonds, which puts more money into the pool that’s actually chasing financial assets, and that drives up financial assets.” - Dent

[11:55] Company stocks are going up because of shrinking the number of shares, rather than growing the economy

[13:25] You say the economy is fake?

[17:55] Are company stock buybacks really that bad?

[18:30] The stock market is the leading indicator of the economy

[27:10] Every 90 years, like a clock, we see a bigger bubble and a crash

[31:00] What are the biggest bubbles now, Apple, Google, Amazon, tech companies

[34:00] China’s workforce peaked in 2011 and has been declining ever since

[38:40] Harry explains the repo-market

[42:00] In general, are the millennials in a good place or a bad place?

[52:00] What’s to come of the Millenials and the McMansions? 

[58:00] If we don’t rebalance this debt, and go through what you always go through after a debt bubble, we may end up like Japan

Websites:

www.HarryDent.com

PandemicInvesting.com

TAX SALE Webinar Link

Jason Hartman Youtube: Harry Dent

1-800-HARTMAN

www.JasonHartman.com

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

Direct download: AMA_320_Harry_Dent_.mp3
Category:general -- posted at: 12:00pm EDT

Jason Hartman talks with Norm Champ, a partner in the New York office of Kirkland & Ellis LLP about preventing the next crisis. Find out some helpful financial tips from the author of Mastering Money: How to Beat Debt, and Be Prepared for Any Financial Crisis. As the former director of the Division of Investment Management at the U.S. Securities and Exchange Commission (SEC), Norm’s experience and viewpoint has many valuable lessons. 

Key Takeaways:

[2:05] Where is the next financial crisis going to come from?

[5:00] The home in which you live, is not necessarily something that needs to be owned

[11:00] Renting vs owning, taking care of the property is one of the major benefits to seeing ownership

[15:00] Understanding affinity fraud

[20:00] What is the Volker Rule? Was it supposed to replace the Glass-Steagall Act?

[28:00] There are some benefits from circulation between the private side and the public side

Websites:

www.NormChamp.com

www.JasonHartman.com

1-800-HARTMAN

Direct download: AMA_Norm_Champ_Mastering_Money.mp3
Category:general -- posted at: 7:21pm EDT

Kerry Lutz returns to the show to discuss the looming recession due to the coronavirus. China is coming back online with products, but who will be on the receiving end? Jason shares predictions on the rise of suburbia and the ever-diminishing desire to live in high-density cities. Who will receive the U.S. bail-out?

Key Takeaways:

[2:30] You can’t shut down the economy for even 90 days and expect to not have a major recession

[3:50] China is coming back online to some extent now

[7:48] Why would the U.S. bail out the cruise lines?

[13:00] The Federal Reserve is now a bond buyer and might soon become a stock buyer as well

[16:50] What’s to be made of all of the sudden CEO resignations?

[19:15] Expansions create millionaires but recessions create billionaires

[27:30] The rise of suburbia

Websites:

www.JasonHartman.com

www.Financialsurvivalnetwork.com

TAX SALE Webinar Link

Direct download: AMA_318__HS_540_COVID_19_Brings_Money_To_US.mp3
Category:general -- posted at: 11:01am EDT

Today, Jason Hartman unlocks one of the most powerful investment tools as an alternative to the 1031 exchange. The great thing about coupling an unsecured loan with a qualified intermediary installment sale is that you start with a new property and a new depreciation schedule. 

Before this investment skill is revealed, Jason shares an update on the promise of the ‘federal’ reserve plan to keep the economy in shape. Beware of the elevator, even the NYTimes is talking about the population density problem. 

Key Takeaways:

[2:10] The US ‘federal’ reserve is taking the role of buzz lightyear, to infinity and beyond. They will provide unlimited asset purchases, with no limit to what they will do to prop up the economy

[5:32] Winning is a relative game: Here’s how you do it!

[9:35] “Density is really an enemy in a situation like this (coronavirus)” NYTimes Dr. Steven Goodman, an Epidemiologist at Stanford University

[10:10] Trump is going to reopen the US

[11:00] Chinese are cleaning their money, digital currency

[12:00] Everybody needs more room if we are going to be at home all the time

[14:25] Guest, Tom

[16:45] If you do an installment sale, you pay taxes on an annual basis

[19:15] Why is a QI (qualified intermediary) needed?

[25:50] The great thing about coupling an unsecured loan with a qualified intermediary installment sale is that you start with a new property and depreciation schedule 

[28:50] Don’t forget the rule of 72

[33:10] This can be a rescue from a 1031 exchange that isn’t working out

Websites:

www.JasonHartman.com

Direct download: AMA_1031_Exchange_Alternative_with_Tom.mp3
Category:general -- posted at: 10:00am EDT

Can we talk about something else? Jason Hartman invites Michael Ainslie to the show to discuss his book, A Nose For Trouble. As well, Michael shares his business tactics helping to grow Sotheby’s in his time with the company. In his stories as Director of Lehman Brothers, Michael talks about SATURDAY MORNING, the weekend that changed Wall Street forever, and some hypotheticals had things gone differently in 2008. And finally, Michael shares a brief story about the beginning of The Posse Foundation. 

Key Takeaways:

[3:00] Ten (actually 21) Commandments of Successful Investing, Amendment: Commandment number 22?

[7:00] Michael Ainslie

[9:15] Sotheby’s growth using “good, basic business tactics”

[13:18] The art market and purchasing of major works has become a way for new wealth to distinguish themselves

[13:40] The Sotheby’s scandal with Christie’s Auction Company

[16:00] Sotheby’s real estate, “white elephants”

[20:00] SATURDAY MORNING, Geithner said, “you have two hours to save Lehman,” the weekend that changed Wall Street forever

[24:08] If there were no bailouts, what would that have looked like?

[33:10] The Posse Foundation story

Websites:

www.JasonHartman.com

www.ANoseForTrouble.com

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

www.holisticsurvival.com/

Direct download: AMA_CW_1413_Michael_Ainslie.mp3
Category:general -- posted at: 8:00pm EDT

Hoax or not, we are facing a recession. Jason Hartman discusses the suburban differences between China and the U.S. We should all expect to see Stimulus Maximus. How much debt can we handle before things don’t work out? 

Our guest today is Venture Alliance Member Mike Zlotnik who is preparing for the good, bad and ugly. 

Key Takeaways:

[3:00] Hoax or not, we are facing a recession

[5:15] √ 

[10:00] The U.S. is unlike China, think suburbia

[11:50] Stimulus Maximus

[14:00] How much debt is too much debt? Nobody knows

[19:30] How is the market responding to the Coronavirus right now?

[20:30] I cannot predict the future, just prepare for the good, bad, and the ugly

[29:15] Buying limited partner (LP) shares at a big discount

[31:30] A migration away from the dense areas of residence

Websites:

VIDEO: Don't Expect Millions To Die From Coronavirus, Says Richard Epstein

1.800.Hartman

www.JasonHartman.com

www.SolomonSuccess.com

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

www.BigMikeFund.com

 

Direct download: AMA_Mike_Zlotnik.mp3
Category:general -- posted at: 9:00pm EDT

In today’s episode, Jason is joined from across the world with Shenzhen, China local, Gary Halmbacher to discuss Black Swan Event Coronavirus. Gary shares his experiences with self-quarantining, and local changes just north of Hong Kong. 

In the second segment, Jason is joined by Sarasota, Florida realtor, Jeff Twigg. Jason and Jeff discuss aspects of Dan Amerman’s workshop, including ALM. The two also discuss the unanticipated predictions made by Dan Amerman.

Key Takeaways:

[3:05] Guest Gary, from Shenzhen, China explains being self-quarantined

[9:40] Guest Jeff Twigg

[13:11] Discussion on Dan Amerman workshop, and some of his surprising predictions

[16:45] The Roth IRA might go away? 

[22:35] Means-testing for Social Security

[24:00] ALM Asset Liability Management Strategy

Websites:

www.JasonHartman.com

www.JeffTwiggHomes.Com

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

Jason Hartman’s Blogcast

 

Direct download: AMA_311__ALM_ASSET_LIABILITY_MANAGEMENT_PROFITS_WITH_JEFF_TWIGG.mp3
Category:general -- posted at: 12:00pm EDT

Jason Hartman speaks with returning guest and author of the book, “Heads I Win Tails You Lose,” Patrick Donohoe. The conversation touches on topics of an ever changing world culture that continues to reshape how we approach wealth, the freedom to do, and in what we find meaning. Despite some of the chaos and cultural decay, the 2020’s are going to bring some excitement to the world.

Key Takeaways:

[20:40] It’s not freedom from having to do something, it’s freedom to do something.

[22:07] The order of magnitude: an interesting time in history where we are going to see massive change. 

[24:00] The rising 3 billion, that aren’t online yet: If you think that society has benefited from sharing knowledge, you’re right. 

[26:38] There will always be winners and losers

[28:40] The Ritz Carlton Slogan discussion “Systemize the predictable so you can humanize the exceptional.”

[32:27] People are still trying to find meaning in other things. 

[33:16] A little bit of struggle is good for the human spirit

Websites:

www.Jason Hartman.com/Properties

www.HeadsOrTailsIWin.com

Direct download: AMA__Pat_Donahoe_Its_Amazing_To_Be_Alive.mp3
Category:general -- posted at: 12:00pm EDT

Jason Hartman is joined today by mortgage consultant and trainer, Jen Du Plessis. As a real estate investor, it’s great to gain insight on both sides of the mortgage business. Jason and Jen discuss GSE, QM and non-QM loans, as well as the great recession and where the pendulum has moved to now. This leads to a prediction of interest rates dropping even more.

But before that, Jason offers congratulations because rent is on the rise. Listen to some average rent rates across the country and plan accordingly.

Key Takeaways:

[1:50] Investor Congratulations! Rents on the rise

[3:40] Book, “Debt, The First 5,000 Years” by David Graeber

[6:50] Not one person in a thousand can understand our monetary system

[9:00] Landlord vs tenant in NYC 

[12:28] According to Yardi Matrix; About 1.5 million housing units were delivered over the last five years, and 3,000 more expected for delivery this year. A housing shortage? Yes!

[17:00] GSE: Government Sponsored Enterprise

[19:00] What’s QM? And what’s non-QM?

[29:16] From 2004, through the great recession, where is the pendulum now?

[30:20] Right now, the average mortgage company makes $457/loan they originate.

[32:30] Are we going to see interest rates go down even more?


Websites:

www.JasonHartman.com

Jason Hartman Quick Start Podcast

The PropertyCast

www.JenDuPlessis.com

Direct download: AMA_from_CW1399_Jen_Du_Plessis.mp3
Category:general -- posted at: 7:00pm EDT

Today, Jason Hartman and George Gammon discuss topics such as, The Doom Vortex/feedback loop, oil prices, bonds, and what the world needs to prepare for the Coronavirus fallout. COVID-19 is playing a big role in economic changes and Jason and George break down some of the less obvious concepts of how this plays out. Today’s episode dives deep into understanding the relationships existing in the global market.

Key Takeaways:

[3:05] The big differences between the Coronavirus and the normal Flu are the R Naught Value, and Serious (non-fatal) Complication Rate

[9:25] COVID-19: a tougher, more hardy virus, living outside of the body

[12:00] A supply shock and a demand shock in the U.S.?

[16:05] How the corporate bond markets and the credit markets are affected by the crash in oil, Coronavirus and everything bubble turning into an everything crash

[14:15] The stock market is like buying in cyclical real estate markets

[28:15] When Triple B bonds get downgraded to junk bonds

[34:25] Sooner or later, companies like Tesla or Uber will need to sell equity to generate the cash they need to sustain themselves, especially in a recession

[40:10] During a recession, tax receipts plummet 

Websites:

www.JasonHartman.com

www.GeorgeGammon.com

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

Jason Hartman’s Blogcast

Direct download: AMA_George_Gammon_Coronavirus_ETC.mp3
Category:general -- posted at: 7:00pm EDT

Jason Hartman speaks with today’s returning guest, Adam, about current news including; another federal rate cut and COVID-19. While it’s hard to escape the COVID-19 discussion right now, it’s easy to plan for your financial future. Jason and Adam discuss the property investment benefits of an ever-increasing work-from-home environment.

Check out two new construction property profiles with a great debt coverage ratio. Also, be the first to see new properties in the Proforma by subscribing to the PropertyCast in the link below.

Key Takeaways:

[1:30] Another rate cut by the not-so federal reserve

[4:40] COVID-19 may fade out by springtime

[7:00] The 100k bread-and-butter home holds a profit until your rent drops more than 20%

[9:00] New construction in Jacksonville

[10:37] Debt coverage ratio = how likely am I to ever get into trouble with this property

[13:00] Property Cast – uploaded Proformas in pdf form, distributed like a podcast

[17:30] A new construction in Palm Coast

[21:00] General health: stop high-fiving. Instead, maybe bow?

[24:45] The British government is telling people to avoid human contact for twelve weeks

Websites:

www.JasonHartman.com

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

Jason Hartman’s Blogcast

Direct download: AMA_Adam_March2020_Friday_6.mp3
Category:general -- posted at: 7:00pm EDT

Jason Hartman and Investment Counselor Adam take a moment today to discuss the hot topic of Modern Monetary Theory (MMT). Adam, being a big proponent of MMT, plays a clip from a recent episode of The MMT Podcast and discusses what MMT is, how we can use it in our observation of the economy, and what it can mean for our investing. After they finish up their MMT talk, the two profile a property that's available in the Atlanta, GA market.

Key Takeaways:

[3:49] How money becomes money

[8:03] Why Adam and Jason think cryptocurrencies not backed by the government will never thrive

[14:25] What we actually need to worry about when we have a tax cut or increase in government spending

[17:37] Shrinking deficits lead to pullbacks and federal surpluses lead to recessions

[25:40] Property profile in Atlanta

Website:

www.JasonHartman.com/Ask

www.JasonHartman.com/Properties

Direct download: AMA_309_Adam.mp3
Category:general -- posted at: 12:00pm EDT

Jason Hartman talks with George Gammon, real estate investor, entrepreneur, investor and TV producer, about what's happening in the repo market and how that impacts the overall economy moving forward. The two address misconceptions about several aspects of investing and whether you should be happy or dismayed about certain aspects of the new Trump tax plan.

Key Takeaways:

[5:05] What is the repo market and why does it matter in the macroeconomic world?

[10:44] Money market funds are big players in the repo market

[13:20] The only "cheap" investment in today's economy is a 30 year fixed rate mortgage

[17:19] The new tax law has changed the way inflation is dealt with, and George doesn't think it'll be good long term

Website:

www.YouTube.com/GeorgeGammon

www.Twitter.com/GeorgeGammon

Direct download: AMA_308_George_Gammon.mp3
Category:general -- posted at: 12:00pm EDT

Jason Hartman’s investment counselor, Adam Schroeder, talks with one the network’s lenders to discuss what mortgage rates are in today’s market. The two discuss current events and the impact that those events might have on available rates with the hypothetical purchase price of $100,000.

 

Website:

www.JasonHartman.com/Properties

Direct download: AMA_307_Mortgage_Rate_Update_February_2020.mp3
Category:general -- posted at: 5:00pm EDT

Jason Hartman and economist Thomas look back on the 2010s to see what the biggest stories were for investors. From the War on Terror to Obamacare to the aftermath of the Great Recession, it was a decade fraught with ups and downs that provided opportunities for investors to make good money.

Key Takeaways:

[4:30] The 10th biggest story of the decade: the War on Terror explodes the deficit

[7:37] Why European debt issues will come to the fore in 2022

[11:54] The idea of Purchasing Power Parity and what it says about China's economy vs the US

[15:59] As much as Jason doesn't like Obamacare, it makes the list of Top Stories of the 2010s

[26:09] What Jason learned years ago during his day as a lobbyist

[28:26] Thomas is seeing at least a 15% drop in the market coming when the Fed decides to let risk enter the market again

Website:

www.JasonHartman.com/Properties

Direct download: AMA_306_Thomas.mp3
Category:general -- posted at: 4:40pm EDT

Jason Hartman and economist Thomas look back at some of the happenings of 2019 and then try to envision what's going to be happening in 2020. The primary thing being discussed today is the yield curve. There is constant talk about how a negative yield curve signals recessions, but how long does it have to be negative? Were we inverted too long in 2019? How long before we see the results of the negativity? Jason and Thomas try to answer all these and more.

Key Takeaways:

[4:13] What does the yield curve exploding mean?

[7:17] Why an economist is saying that real estate is less risky than stocks in 2020

[12:36] Hybrid markets had a good 2019 and look like they'll have a good 2020 as well

[13:38] A CNBC clip about the yield curve

[18:14] The Fed has the dual mandate of moderate to low inflation with maximum employment, but they seem to consider financial stability as a 3rd mandate

Website:

www.JasonHartman.com/Properties

Direct download: AMA_305_Thomas.mp3
Category:general -- posted at: 3:14pm EDT

Jason Hartman and Rabbi Evan Moffic take today to review "the best decade in human history". As 2019 ends and we look forward to 2020, Jason and Evan discuss how the real estate market has transformed since 2010. They also examine the mindset of investors that invested through the Great Recession. Lawrence Yun's expectations for 2020 are also dissected.

Key Takeaways:

[3:16] We are wrapping up the best decade in human history

[6:48] What qualities did the people who invested in real estate through the Great Recession have?

[11:56] Lawrence Yun's 2019 real estate year in review

[15:50] Climate change has caused the Northwest Passage to open up, which is huge for shipping

[18:51] Yun's prediction for the housing market in 2020

[24:26] Will the flow of people to cheaper cost of living states continue in the 20s?

[29:34] The "Collapse of Brands"

Website:

www.JasonHartman.com/Properties

Direct download: AMA_304_Evan_Moffic.mp3
Category:general -- posted at: 12:00pm EDT

Jason Hartman talks with NJ Ayuk, Executive Chairman of African Energy Chamber, CEO of Centurion Law Group, and author of the new book Billions At Play: The Future Of African Energy And Doing Deals, about the development that's happening inside Africa. Many outside of Africa view the continent with skepticism, but there's a big shift happening, especially in the banking sector (or lack thereof). Jason and NJ discuss some ways that Africa in general is beating first world countries, as well as how a shift toward property rights could go a long, long way toward more prosperity.

Key Takeaways:

[4:35] Africa may not have first world countries, but it has some infrastructure that's better than countries like the US

[8:03] Africa, unlike the United States, is not banking centric

[11:30] Money transfers have gotten so fast and easy that illiterate grandmothers are doing it

[15:10] What NJ views as the bedrock of a strong society

Website:

www.NJAyuk.com

www.JasonHartman.com/Properties

Direct download: AMA_NJ_Ayuk.mp3
Category:general -- posted at: 12:00pm EDT

Now that we're past Christmas, Jason Hartman takes a look at the amazing economy the North Pole is able to have. With massive exports and limited imports, it's truly impressive what they've been able to do. The main thing the North Pole has that no other country has is big data. What they have puts the companies like Facebook to shame.

Website:

www.JasonHartman.com/Properties

Economics Explained: The Economy of the North Pole on YouTube

Direct download: AMA_302_North_Pole.mp3
Category:general -- posted at: 12:00pm EDT

Jason Hartman talks with Thomas Jones, former vice chairman and director of TIAA-CREF, former Chairman and Chief Executive Officer of Global Investment Management at Citigroup, and former Chairman and Chief Executive Officer of Citigroup Asset Management. He was also the former Vice Chairman of Federal Reserve Bank of New York. Jason and Thomas discuss Thomas' entrance into real estate, why Thomas is so bullish on America long term, and what sets America apart from the rest of the world.

Key Takeaways:

[2:09] Thomas and his bride actually started by bidding on 2 burned out buildings in Boston

[7:27] Thomas is perennially bullish long term, so dips in the economy are buying opportunities for him

[9:39] The changes on Wall Street over the years

[13:48] The most disappointing aspect to the reforms that have been made since the Great Recession

[18:57] One of the things that really sets America apart is the excited entrepreneurial spirit

[23:13] America faced a metaphorical crossroads in the late 1960s

[26:03] Our nation doesn't give itself enough credit for how far we've come, even though we still have a ways to go

Website:

From Willard Straight to Wall Street on Facebook

From Willard Straight to Wall Street

Direct download: AMA_301_Thomas_Jones.mp3
Category:general -- posted at: 12:00pm EDT

Jason Hartman talks to in-house economist Thomas about interest rates. There's been some movement up and some movement down, but Thomas has an opinion on where he thinks rates will go in 2020 and why he believes that.

Key Takeaways:

[1:10] The Fed only indirectly influences mortgage rates

[3:09] Why Thomas believes mortgage rates will go up in 2020

[5:20] The 2 Central Bank forces that will push inflation back up

[7:47] Why a $315 billion drop in money supply is important even though it's not much of a percentage of worldwide supply

Website:

www.JasonHartman.com/Properties

www.JasonHartman.com/Ask

Direct download: AMA_299_Thomas.mp3
Category:general -- posted at: 3:38pm EDT

Jason Hartman talks with Peter Hirshberg, founder of Maker City® Project and CEO and co-founder of Lighthouse.one, about Opportunity Zones and how they work with constructing cities. Jason and Peter explore how the incentives were created and why they are crucial to the success of projects like Opportunity Zones.

Key Takeaways:

[1:56] Economic reinvention is a bottom up thing as people found what they were good at and innovators moved into the city

[6:08] Why you have to create incentives like those the Opportunity Zone offers

[10:10] Why real estate matters

Website:

www.Lighthouse.one

www.JasonHartman.com/Properties

Direct download: AMA_298_Peter_Hirshberg.mp3
Category:general -- posted at: 12:00pm EDT

Jason Hartman talks with Steve Glickman, Senior Economic Advisor to President Barack Obama and chief architect of the Opportunity Zone project, about how the Opportunity Zone system works, the definition of an Opportunity Zone and what benefits the program provides for real estate investors.

Key Takeaways:

[1:14] There are now 8,766 Opportunity Zones across the US

[5:31] There are about 300 Opportunity Zone funds targeting $65 billion and have raised about 15% so far. How big is this expected to get?

[8:28] The 2 big factors in why zone based programs become unsuccessful

[10:16] What is the Opportunity Zone program?

[13:23] Will Opportunity Zones exacerbate gentrification?

Website:

www.Lighthouse.one

Direct download: AMA_297_Steve_Glickman.mp3
Category:general -- posted at: 2:22pm EDT

Jason Hartman talks with Brian Beaulieu, author of Prosperity in the Age of Decline and CEO of ITR Economics, about what's really going on in our economy right now. It's not as doom and gloom as some people have made it out to be, and it wasn't so a few years back. Brian explains what indicators you should really be paying attention to and what's coming up in 2020 as well.

Key Takeaways:

[2:14] What is the next cycle going to be?

[5:27] The G7 leading indicator is something you should be watching

[9:55] The peculiarity of the trade tariffs that have been imposed

[13:06] Globalization is under severe negative pressure

Website:

www.ITREconomics.com

Direct download: AMA_296_Brian_Beaulieu.mp3
Category:general -- posted at: 11:27am EDT

Jason Hartman and Investment Counselor Doug take a look at the danger of manias, especially when it comes to investing in startup companies (like WeWork). It's easy to get caught up in rising valuations and the like, but it's also easy to lose a whole lot doing so.

Jason and Doug then discuss the Wealth Simulation exercise that was held at Profits in Paradise, including lessons learned about the method of building your portfolio that will set you up for the greatest wealth.

Key Takeaways:

[2:22] WeWork is a great example of why you should follow Commandment 21: Thou Shalt Avoid Manias

[7:17] Don't fall for the company line of how they're going to change the world. Voluntary exchange with a company changes the world on its own

[10:24] Don't be fooled by the resume or the amount of money that's being pumped into a company when making investment decisions

[11:57] Blogcast: Housing vs Shelter

[19:22] How the Wealth Simulation exercise worked

[23:23] One of the top strategies in the wealth simulation game was a mixture of linear and hybrid markets so you could take advantage of cash flow and appreciation

[29:35] You don't have to have too many properties before you're at the point where you're dealing with the law of large numbers

Website:

www.JasonHartman.com/Properties

Direct download: AMA_295_Doug.mp3
Category:general -- posted at: 3:01pm EDT

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.

Key Takeaways:

[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

Website:

www.ILD.org.pe

Direct download: AMA_294_Hernando_de_Soto.mp3
Category:general -- posted at: 12:00pm EDT

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.

Key Takeaways:

[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

Website:

www.FutureMoneyTrends.com/Save

Direct download: AMA_293_Daniel_Ameduri.mp3
Category:general -- posted at: 12:00pm EDT

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.

Key Takeaways:

[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

Website:

www.IGEG.org

Direct download: AMA_292_Richard_Rahn.mp3
Category:general -- posted at: 1:35pm EDT

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?

Key Takeaways:

[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

Website:

www.JasonHartman.com/Properties

Invest with Sven Carlin, Ph.D.

Direct download: AMA_291_Doug.mp3
Category:general -- posted at: 3:56pm EDT

In today's 10th episode, Jason Hartman talks with Etienne Deffarges, author of Untangling the USA: The Cost of Complexity & What to Do About It, about some of the most pressing issues facing the country, such as health care and our banking system. They look at what exactly is causing the issues, but don't just focus on the problems. Etienne and Jason also discuss the most important part of the problems: their solutions.

Key Takeaways:

[2:26] We as a society make things much more complex than we need

[7:51] Etienne's solution for health care

[14:04] How can we improve the world of finance?

[18:15] Etienne is in favor of banks having to have a higher equity to debt requirements

[21:35] With all of these problems in the world, what's the solution?

Website:

www.EtienneDeffarges.com

Direct download: AMA_290_Etienne_Deffarges.mp3
Category:general -- posted at: 8:27am EDT

Jason Hartman and Adam examine the Investopedia article referring to the 9 common effects of inflation. The 2 types of inflation (cost-push and demand-pull) are also broken down in regards to how they impact your property value and rent.

Then the two examine what impact the Trade War with China could have on the markets properties are available in. If production from overseas come back to the United States, where are we likely to see the impact?

Key Takeaways:

[3:40] The 9 common effects of inflation

[8:36] The land value is the one that's susceptible to big swings in value

[12:10] Cost-push versus demand-pull inflation

[15:19] How the Trade War could create cost-push inflation in the linear markets we're investing in

[18:34] If China ever manages to create a middle class they're going to have to deal with a new set of issues, which might make them an inopportune producer

[23:21] When labor shortages hit construction it can make it incredibly expensive to build a house and retain the workers needed

[28:00] Once the Trade War has ended, look at what job sectors are going to be impacted most and adjust your investing strategy accordingly

Website:

www.JasonHartman.com/Ask

www.JasonHartman.com/Properties

9 Common Effects of Inflation on Investopedia

Direct download: AMA_289_Inflation_Trade_War.mp3
Category:general -- posted at: 4:28pm EDT

After giving a quick update on his cruise travels, Jason Hartman talks with Taylor St Germain, economic analyst at ITR Economics, about why lower interest rates haven't spurred the higher end housing market. The two also discuss what indicators Taylor looks at to get a gauge on the economy and the impact tariffs have had and may still have yet to come.

Key Takeaways:

[1:04] Are lower interest rates good news for cyclical markets or are they just too overpriced?

[5:31] The rise in wages has helped the economy but it's not changing the overall trend or forecasts

[9:29] Why are housing starts so important?

[14:34] ITR's concerns with the tariffs currently being put in place

[18:50] More tariffs could potentially put us in a recession, so be very careful if we see more coming

Website:

www.ITREconomics.com

Direct download: AMA_288_Taylor_Germain.mp3
Category:general -- posted at: 6:25pm EDT

Jason Hartman and Adam today break down a video about how Fannie Mae and Freddie Mac influence the housing market in the United States. While their publicly stated goal is to make housing in the country more affordable, are they really doing that? Listen in to find out.

Key Takeaways:

[1:19] Fannie Mae Going Away?

[3:39] The idea that we need a high home ownership rate is a false idea

[8:11] How Fannie Mae props up the housing market

[12:53] Fannie & Freddie have a stated goal of making housing more affordable, but they don't do that at all

[22:24] If you're investing for yield rather than capital gains, the price of the house has much less importance

[25:30] The importance of sustainable investing

Website:

www.JasonHartman.com/Properties

How Fannie & Freddie Prop Up America's Favorite Mortgage by Wall Street Journal

Direct download: AMA_286_Adam.mp3
Category:general -- posted at: 3:38pm EDT

Jason Hartman and Investment Counselor Carrie take a look at some of the prime markets where first time buyers are looking to buy, with several of them being markets his network is currently selling properties. Then the two look into some responses from listeners about some personal information they shared before coming to Meet the Masters as Jason tries to learn more about his friends.

Key Takeaways:

[1:34] Where first time buyers are looking to buy

[5:11] Terminology that Jason thinks needs to be used

[8:22] Tampa made the list of places people are looking to live, and it's also a market Jason's group is looking at potentially going into

[14:29] The Millennial Struggle House and Home Blogcast

[20:04] Some responses from the Meet the Masters question about some interesting facts about attendees

[24:15] What life lesson Jason learned from his mom when learning to fly

Website:

www.JasonHartman.com/Properties

Direct download: AMA_285_Carrie.mp3
Category:general -- posted at: 12:00pm EDT

Jason Hartman talks with Doug about why there's been a decline in inventory and what shortages are abound in the housing market. In examining several videos about the housing market and economy, Jason and Doug also look at what impact privatizing mortgages could have and housing affordability in Canada.

Key Takeaways:

[4:06] The big housing shortage is not in McMansions, it's in the 100k range

[4:31] The problem with waiting for the next recession

[12:22] Inventory has declined, which has caused upward pressure on prices

[18:42] When large developers start building an area, they have to keep the sales going in order to make money, so prices can fluctuate

[22:38] The potential impact of privatizing is a prevention of markets overheating

Website:

www.JasonHartman.com/Properties

Email your Spam to reviews@JasonHartman.com

Direct download: AMA_284_Doug.mp3
Category:general -- posted at: 12:00pm EDT

Jason Hartman talks with Laurence Kotlikoff, William Fairfield Warren Professor and Professor of Economics at Boston University, about the massive amount of unfunded mandates that are awaiting the United States. Currently he has that number pegged around $239 trillion, and there are only a few ways that can be resolved.

They also discuss how his software, Maxifi, can help those people who are planning toward retirement. Laurence explains the intricacies, assumptions that many people don't make when factoring in their savings.

Key Takeaways:

[1:29] The most recent number the unfunded mandates are going to cost

[8:24] Does Laurence believe in Supply-Side Economics?

[11:33] Consuming your way to prosperity has never worked before and won't now

[14:52] How Laurence would have dealt with the collapse of Lehman Brothers to calm the public's response to the start of the Great Recession

[18:36] Laurence's take on Jason's 6 ways the government can get out of its hole

[24:07] Is the future inflationary?

[25:34] What do we need to do to plan for the future?

[31:52] How much time it takes to input your data into Maxifi

[35:28] Many people are saving too much for their later life because they're scared

Website:

www.JasonHartman.com/Properties

www.Maxifi.com

www.Kotlikoff.net

www.PurplePlans.org

Jason Hartman's Real Estate Investor Update Alexa Skill

Direct download: AMA_283_Laurence_Kotlikoff.mp3
Category:general -- posted at: 9:25pm EDT

Jason Hartman talks with Democratic Presidential Candidate Andrew Yang about some of his policy proposals, including the huge idea of Universal Basic Income, the erradication of income tax and the implementation of a VAT.

Key Takeaways:

[1:40] How Universal Basic Income is different than the welfare state and why libertarians would support it

[5:11] Would income taxes go away if Andrew's VAT goes into effect?

[9:56] Andrew supports UBI because automation is taking away so many jobs

[14:40] The war on normal people

[21:06] How the UBI will offset any deficit it creates

Website:

www.Yang2020.com

Direct download: AMA_282_Andrew_Yang.mp3
Category:general -- posted at: 2:07pm EDT

Jason Hartman talks with G Edward Griffin, author of The Creature from Jekyll Island, about corporate scams. Too many people hide behind the veil that corporations offer; ripping off consumers and shareholders and letting the company take the punishment. G Edward and Jason discuss this topic, as well as how we can actually change things to allow society to hold those responsible accountable.

Key Takeaways:

[3:06] It can perfectly legal to extract millions of dollars from a company while the shareholders value drops to 0

[6:12] Trying to punish "the corporation" just means that shareholders get hurt

[8:39] How do we hold someone accountable when a corporation does something bad?

[10:27] How to actually make change happen to fix this problem

[13:35] Governments have a perpetual lien on your property. There's no such thing as owning something "free and clear"

[19:33] What is reasoning behind people like Soros when they pump money into politics?

[22:09] The Fabian Socialist Society believed you took over society gradually

[25:48] At what point is it proper for the state to intervene?

Website:

www.RedPillExpo.org

www.FreedomForceInternational.org

www.RealityZone.com

Direct download: AMA_281_G_Edward_Griffin.mp3
Category:general -- posted at: 3:33pm EDT

Jason Hartman talks with Robert Greene, author of the new book The Laws of Human Nature as well as New York Times bestsellers like The 48 Laws of Power and The 33 Strategies of War, about how to approach people to put yourself in the best position for success as well as how to best change your life and circumstances. Robert goes over a few of his 18 laws to help you on your way.

Key Takeaways:

[3:47] Misjudging people is extremely expensive, and it's getting even harder to do with everything becoming virtual

[6:07] Thinking about what other people need or are going through is one of the most important life skills you can develop

[9:21] When you ask someone for anything, they are naturally going to be resistant

[12:26] We are emotional creatures, largely governed by our emotions

[23:59] You can change your own life and circumstances by working on your attitude

[27:35] The biggest impediment in people's lives is the inability to affect or influence the people around them

Website:

www.PowerSeductionAndWar.com

Direct download: AMA_180_Robert_Greene.mp3
Category:general -- posted at: 10:13am EDT

Jason Hartman and in-house economist Thomas take today's episode to examine the 10 things that are happening in the US and abroad that are making the most impact in 2019. Among them are the US/China trade war, interest rates, the Mueller Report, millennial household formations, and more.

Key Takeaways:

[1:05] The best thing that's happened so far in 2019 is lower interest rates

[3:46] Household formation for millennials is looking really good for investors

[6:28] The Fed being receptive of market conditions has been a good omen for 2019

[11:21] The 3% GDP growth they said we needed to "pay" for the Trump tax cuts happened

[14:20] Blogcast on Creative Destruction

[20:16] The Mueller Report's impact on the housing market

[22:58] The US needs to negotiate with China now before we operate out of a position of weakness

[25:11] When China sat out the bond auction recently it created a wild swing

Website:

www.JasonHartman.com/Properties

Jason Hartman's Real Estate Investor Update Alexa Skill

Direct download: AMA_279_Thomas.mp3
Category:general -- posted at: 3:11pm EDT

Jason Hartman talks with Marc Faber, editor at Gloom, Boom, Doom, about what's going on in our economy with the massive asset inflation that's hit in the past few years. The two examine what central banks will have to do in order to deal with the looming shortages and what investments can buck that trend when it arises.

Key Takeaways:

[3:54] Asset inflation is making the rich richer and leaving the poor and middle class behind

[10:01] Will millennials get bailed out by their inheritance from their Baby Boomer parents?

[13:16] The 2 investments that will appreciate in a global downturn

[15:08] 2 ways central banks can print money

[19:40] Inflationary actions can kick the can down the road a long way, but there is one thing that can ruin the party

Website:

www.GloomBoomDoom.com

Direct download: AMA_278_Marc_Faber.mp3
Category:general -- posted at: 3:38pm EDT

Jason Hartman talks with Kelly Alexander, founder of Great American Tax Remedy, about how Kelly has been able to avoid paying Federal income tax since 2014. Kelly's method hasn't had to hold up against an IRS audit, but she's confident that what she's doing is completely legal and can help anyone out.

Key Takeaways:

[2:39] How Kelly's tax plan to avoid income taxes works

[6:17] Who else is using Kelly's technique?

[7:38] What Kelly does when she gets paid in order to avoid income tax

[17:35] How to report your income on your taxes under Kelly's format

[27:48] Why Kelly's strategy works for both state and federal taxes

Website:

www.MyTaxRemedy.com

Direct download: AMA_277_Kelly_Alexander.mp3
Category:general -- posted at: 2:56pm EDT

Jason Hartman talks with Dr. David D Friedman, son of Milton Friedman, former professor at Santa Clara University in the Law School, and author of books such as The Machinery of Freedom: Guide to a Radical Capitalism and Law's Order: What Economics Has to Do with Law and Why It Matters. The two dissect what role the government should have in society: what it's capable of and what it need to steer clear from, while also delving into the 4 problems that need to be addressed in a feud system.

Key Takeaways:

[1:47] How David's thinking is similar and different than his father's

[4:00] Can the government actually be out of everything?

[8:21] One of the mistakes that supporters of free markets make is implying that things won't ever go wrong

[11:51] Market failure is a mark for and against government

[17:43] What David learned about feud law when looking at various legal systems

[21:38] Making the tort claims transferable would make our legal system much better

Website:

www.DavidDFriedman.com

Direct download: AMA_276_David_Friedman.mp3
Category:general -- posted at: 3:47pm EDT

Jason Hartman talks with in-house economist Thomas about how interest rates in the past 10 years have compared to one another. The two explain why interest rates can be so difficult to predict and how these past 10 years are compared to the past.

Key Takeaways:

[2:53] Interest rates aren't completely unpredictable, but they're driven by things where you can't know exactly what's going on

[6:10] Interest rates back in 2010

[15:49] #5 on Thomas' list is 2017, when interest rates dipped under 4%

[20:24] 2015 makes up the #3 spot on the list with interest rates averaging 3.85%

[24:18] The #1 year for interest rates in the past decade

[28:32] Remember that real estate deals can be renegotiated

Website:

www.JasonHartman.com/Properties

Direct download: AMA_275_Thomas.mp3
Category:general -- posted at: 8:57pm EDT

Jason Hartman and Kerry take today to look at some of the signs in our economy today that don't point toward a rosy future. But don't take that to mean the sky's falling and we're headed for a doomsday scenario, we've still got some runway left.

The two also discuss how self-management can show you things that you wouldn't have known just sticking with a property manager. You don't HAVE to self-manage, but it's important to know how to self-manage so you don't get taken advantage of by your current manager.

Key Takeaways:

[1:27] There are ominous signs out there for the economy, so we'll see how much longer it can hold them off

[4:36] For the first time in a long time, Kerry is bullish on the New York real estate

[12:01] Where will the next recession come from?

[15:53] There's an urgency that you need to do something now rather than waiting around

[19:52] Why Kerry thinks Indiana has been the longest running market for Jason's company

[24:07] Utilize your tenants as your assets

[29:39] If you choose to self-manage, remember to track ALL of your expenses

Website:

www.JasonHartman.com/Properties

Direct download: AMA_274_Kerry.mp3
Category:general -- posted at: 8:54pm EDT

Jason Hartman talks with Patri Friedman, Executive Director of The Seasteading Institute, about creating new countries using the seasteading technique. Patri discusses how the concept would work in today's environment and why it's not absurd to think of a country being created on the water. It's coming sooner than you expect.

Key Takeaways:

[1:12] What is seasteading?

[6:05] Why not just buy land from a country rather than doing everything out at sea?

[10:04] Patri's goal is seeing governments competing for citizens by treating them best

[13:41] How do you deal with security when you're in the middle of the ocean?

[18:02] What are these seasteads going to do for currency?

Website:

www.Seasteading.org

www.Twitter.com/Patrissimo

Direct download: AMA_273_Patri_Friedman.mp3
Category:general -- posted at: 12:00pm EDT

Jason Hartman talks with Jeff Ferry, Chief Economist at the Coalition for a Prosperous America, about what's going on with the US trade war. Jeff has some ideas on how to close the gap between the US and the rest of the world, but Jason has some questions about whether they would cause inflation. They also look into America's manufacturing sector and why we need to ramp it back up.

Key Takeaways:

[1:15] Jeff's thoughts on the current trade situation

[5:31] One of Jeff's solutions for helping cure the trade imbalance is to reduce the value of the dollar

[9:25] How would devaluing the US economy impact our purchasing goods from other countries and how would it impact the economy at home?

[12:37] You have to have capital formation for a society to create wealth

Website:

www.ProsperousAmerica.org

Direct download: AMA_272_Jeff_Ferry.mp3
Category:general -- posted at: 12:00pm EDT

Jason Hartman talks with Rich Dad Advisor and multifamily property investor Ken McElroy about his recent sale of $300 million worth of property, as well as supply levels of multifamily properties, why Ken is still bullish on real estate and the future of interest rates.

Key Takeaways:

- Why did Ken choose this time to sell his properties and how did he do it?

- Cap Rate fails to take appreciation into account

- Is there an oversupply of multifamily that's causing rents to not grow as quickly?

- What Ken has learned about his facilities for the 55+ community

- Why Ken is still bullish on real estate

- Capital always looks for safety in the US

- The impact things like ride sharing and autonomous cars are having (and will have) on real estate

- Ken's take on the future of interest rates

Website:

www.JasonHartman.com/Properties

www.KenMcElroy.com

Direct download: AMA_271_Ken_McElroy.mp3
Category:general -- posted at: 4:14pm EDT

Jason Hartman speaks with Matthew Sullivan, founder & CEO of Quantm Real Estate, about how his company is using blockchain and tokens to help homeowners pull equity out of their homes (whether owner occupied or investments). Matthew uses a few case studies to explain how much money you could extra, what you would owe his company, and how the secondary market works for the equity stake his company receives.

Key Takeaways:

[1:54] Matthew's company allows you to get equity out of your house without taking out another loan with a bank by buying some of the future value of your house

[4:51] Case study: How much can you pull out if you were to have a $100,000 house with a $50,000 mortgage?

[11:06] Why Quantum Real Estate goes through the hassle of creating a REIT and tokenizing them equity share

[15:49] The effective "interest rate" for homeowners who realize their equity

[19:59] Quantum Real Estate revalues their portfolio every 3 months so the secondary market can trade

Website:

www.JasonHartman.com/Properties

Direct download: AMA_269_Matthew_Sullivan.mp3
Category:general -- posted at: 10:11am EDT

Jason Hartman talks with Dr. Randy Wray, one of the foremost experts in Modern Monetary Theory, about why Minsky the philosopher is important, what exactly MMT is and why it's relevant in today's monetary society. They especially tackle the job guarantee program that MMT espouses and what's coming up for the US in the economy for the next few years.

Key Takeaways:

[1:26] Who is Minsky and why is he someone we should concern ourselves with?

[4:43] What is Modern Monetary Theory and why is it applicable?

[10:31] The governments going back to the colonies spends money into existence and then taxes it back to avoid causing inflation

[13:38] Has all the money that was put into the economy during Obama's term been taken back out by taxes or is it causing inflation?

[17:51] The test you need to use to discover if you're doing monetary policy correct

[21:48] Spending during The New Deal greatly helped move our nation forward and allowed us to become the richest, most developed nation on Earth

[25:49] The job guarantee that Dr Wray is focusing on now would involve a lot of care work, and it would be decentralized

[28:58] What's coming up, economically, for the United States

Website:

www.Levy.org

Direct download: AMA_268_Randy_Wray.mp3
Category:general -- posted at: 11:50pm EDT

After a tour of an Amazon fulfillment center, Jason Hartman has an "investigative report" from the inside of a ride-sharing trip talking with a former employee of Amazon on how we have been misled a little by the company.

Key Takeaways:

[2:23] Amazon pickers are walking at least 10 miles a day to get orders together

[4:08] The pay raise that Amazon gave their warehouse employees was offset by a slash in benefits

Website:

www.JasonHartman.com/Properties

Direct download: AMA_267_Amazon.mp3
Category:general -- posted at: 12:00pm EDT

Jason Hartman talks with Tal Tsfany, President & CEO of the Ayn Rand Institute, about free speech on college campuses, how we should be defining things like happiness and selfishness, and why we should be focusing on the self. They also examine the philosophies of those who want to tax the rich in order to redistribute wealth.

Key Takeaways:

[2:28] What's happening with speech on college campuses is a result of progressive philosophies

[4:16] What would Ayn Rand's political views be in today's world?

[7:56] Ayn Rand's definition of happiness

[11:23] Love is a goal or value that you pursue. It's a spiritual trade

[15:20] Ayn's definition of selfishness

[19:18] Berkley students in the 60s were reading Ayn Rand to be cool, but not following through on the axioms

Website:

www.AynRand.org

Direct download: AMA_266_Tal_Tsfany.mp3
Category:general -- posted at: 12:00pm EDT

Jason Hartman talks with Raghuram Rajan, former Governor of the Reserve Bank of India and former Chief Economist and Director of Research at the International Monetary Fund (IMF), about how community has been weakened, which has allowed competitive markets and governments to get out of balance. They also discuss what jobs will remain after automation takes off even more, mortgage rates and whether we're headed toward inflation or deflation.

Key Takeaways:

[1:24] What the IMF is and how it differs from the World Bank

[6:20] Massive technological change tends to hit an area and hurt before the benefits kick in later

[9:30] After automation comes and takes many of the jobs, there will still be jobs that involve human interaction

[14:51] Is Raghuram seeing inflation, deflation, stagflation or what in the coming years?

[17:34] Are mortgage interest rates artificially low?

[22:17] There's good deflation and bad deflation

Websites:

The Third Pillar: How Markets and the State Leave the Community Behind

Raghuram Rajan at Chicago Booth School of Business

Direct download: AMA_265_Raghuram_Rajan.mp3
Category:general -- posted at: 5:22pm EDT

Jason Hartman talks with David Stockman, former budget director for President Reagan, former US Representative for the 95th Congress, former partner at The Blackstone Group and author of the new book Peak Trump: The Undrainable Swamp and the Fantasy of MAGA. The two discuss Reagan's failure to curtail spending like he'd originally wanted, the difficulty Trump is having actually "draining the swamp", the impact of increasing debt on inflation and whether it's sustainable.

Key Takeaways:

[3:01] Reagan got very little in way of his proposed spending cuts, but got a much bigger tax reduction than proposed, then defense spending exploded

[6:42] Trump's problem was that he recognized the economy was failing but didn't have a program to address it

[11:47] Does our escalating deficit mean inflation is on the horizon?

[16:08] Is our private debt really that bad?

[19:53] How investors should position themselves for the next few years

[22:42] We've learned in the last decade that Central Banks can't cause inflation on a worldwide basis

Website:

Peak Trump: The Undrainable Swamp and the Fantasy of MAGA

www.DavidStockmanContraCorner.com

Direct download: AMA_264_David_Stockman.mp3
Category:general -- posted at: 6:39pm EDT

Jason Hartman talks with Chris Martenson, co-founder of PeakProsperity.com and co-author of Prosper: How to Prepare for the Future and Create a World Worth Inheriting, about how the era of abundant, cheap energy is gone and our world needs to change with it. That doesn't mean abandoning everything we have now, but just recognizing the actual situation and adjusting our investments/behavior accordingly. Chris and Jason also discuss the future, and whether we're going to see inflation, deflation, or a little bit of both.

Key Takeaways:

[2:03] We're coming up to a time when humans are going to have to organize ourselves in very different ways

[4:48] There are 2 ways humans change

[10:01] It's getting costlier and costlier to get less and less oil out of the ground

[12:36] The easy, cheap energy from the past is gone, which explains why the global growth rate for the last 15 years has been subpar

[18:37] We're beginning to see that raising children in a dopamine heavy technological world is creating issues we hadn't expected when it began

[23:30] We have a lot of debt in our society, so deflation is ready to take over

Website:

www.PeakProsperity.com

Direct download: AMA_263_Chris_Martenson.mp3
Category:general -- posted at: 12:00pm EDT

Jason Hartman talks with Jason Franciosa, CEO & co-founder of Element 26, about the time value of money. Both Jason's are concerned about inflation, and the two look at ways you can maintain your leverage so your returns can beat inflation, as well as how you can utilize your home loans to house hack (especially if you're in the military).

Key Takeaways:

[5:15] Jason's 6 ways governments can get out of debt

[7:48] The time value of money

[12:26] You have to have a way to maintain the leverage you have

[17:10] How you can utilize house hacking

Website:

www.JasonHartman.com/Masters

www.Element26.co

Direct download: AMA_262_Jason_Franciosa.mp3
Category:general -- posted at: 9:42am EDT

Jason Hartman talks with Dan Amerman, CFA and author of books such as Mortgage Securities and Collateralized Mortgage Obligations: Unlock The Secrets Of Mortgage Derivatives, about how a heavy handed Fed has changed how inflation and housing have correlate to each other, why the Fed reacts to quickly, what the Fed is setting interest rates up to do, and much more.

Key Takeaways:

[2:45] The Federal Reserve is getting more heavy handed as years go by, and hints of a coming recession could lead to more intervention

[7:39] Housing tracked inflation better than gold until the Federal Reserve got real heavy handed after 2001

[12:28] The Fed reacts too quickly to things

[14:07] Dan's prediction of where interest rates are about to head

[19:51] Certain Fed actions and yield curve inversions seem to have a correlation

[23:25] The 2 ways to look at inflation

[26:47] The self-liquidating debt

Website:

www.JasonHartman.com/Masters

www.DanielAmerman.com

Direct download: AMA_261_Dan_Amerman.mp3
Category:general -- posted at: 9:40am EDT

In this off-topic 10th show, Jason Hartman speaks with Dr. Gina Loudon, co-host of America Talks Live on NewsmaxTV, certified hypnotherapist, founding writer at Breitbart and official Trump campaign surrogate, spokesperson to Donald Trump's 2016 Presidential campaign and member of the President's 2020 Media Advisory Board. The two discuss the political divide that's present in today's society and whether it's worse now than it's been in the past. They also discuss the 3 types of people in the world and how President Trump is one of the most misunderstood people on the planet.

Key Takeaways:

[4:04] We frequently forget to look at the WHY all this division is going on

[7:05] Are we really divided more now or is it all just sensationalized?

[12:17] The USA is actually living in the most healthy, happy, prosperous and safest times in history

[17:00] The monologue media vs the dialogue media

[18:17] The 3 types of people in today's world

[22:17] Gina says President Trump is one of the kindest and loyal people she's ever met

Website:

www.JasonHartman.com/Masters

www.DrGinaLoudon.com

www.DrGinaShow.com

Direct download: AMA_260_Gina_Loudon.mp3
Category:general -- posted at: 4:49pm EDT

Jason Hartman talks with Rohit Talwar, founder of Fast Future Publishing and author of A Very Human Future, about what we can do about the large companies who seem to be in a winner take all society, how life and body hacking are going to change the world, and more.

Key Takeaways:

[3:27] What is value?

[10:30] The 4 views people have of companies like Facebook and Google

[14:06] 3 types of exponential thinking

[18:24] Rohit's example of pooled insurance

[23:08] What are we going to do with the people who are displaced by technology?

[26:13] Body hacking may give us advantages in areas that won't matter in the future due to automation

[27:37] What we need to change in order to have a more optimistic future

Website:

www.JasonHartman.com/Masters

www.FastFuture.com

Direct download: AMA_259_Rohit_Talwar.mp3
Category:general -- posted at: 11:40pm EDT

Jason Hartman talks with Dr. David Collum, Professor at Cornell University, about what all happened in 2018 and what we can expect in 2019. Jason and David discuss the skewed nature of CPI numbers, why institutional investors were able to get in to the housing market and what could cause them to get out, the impact of the Federal government potentially bailing out states and more.

Key Takeaways:

[3:03] What happened in 2018, economically speaking?

[7:35] CPI numbers started getting skewed in the 1970s

[11:00] The MIT Billion Price Project

[14:38] Is there any gain from stock buybacks?

[18:20] Ultra low rates allowed institutional investors to come in to the single family housing market

[22:40] People that criticize religion never ask the right question

[24:55] How the next unwinding will happen

Website:

Dr David Collum at Cornell

www.JasonHartman.com/Masters

Direct download: AMA_258_David_Collum.mp3
Category:general -- posted at: 4:07pm EDT

Jason Hartman talks to his in-house economist Thomas about the World Economic Forum in Davos and what came out of it. Thomas gives his predictions for the next 2-3 years, why some looming deflation might be a good thing, and whether we're in a 4th leg of the Industrial Revolution.

Key Takeaways:

[2:07] Thomas sees some deflation coming up and doesn't think it'll be that bad

[6:09] Price discovery happens once we've put all the unused assets to work

[9:42] As long as GDP growth + Inflation is higher than the 10 year note, the economy is okay

[17:37] Are the next 5 years going to give us good or are they bringing bad?

[18:46] We're in the midst of the 4th industrial revolution and things are good

Website:

www.JasonHartman.com/Masters

www.JasonHartman.com/Properties

Direct download: AMA_257_Thomas.mp3
Category:general -- posted at: 5:00pm EDT

Jason Hartman talks with Harry Dent, author of Zero Hour, about Harry's optimism about our economy, the impact the high end real estate softening is going to have on all of the housing sector, why demographics are NOT looking good for China and other Asian countries, and more.

Key Takeaways:

[00:57] Why is Harry more optimistic about our future than usual?

[3:15] People in San Francisco hate big tech companies like Google because they're driving up costs beyond reason

[5:31] The high end housing market is already softening, but how far down will the slowdown trickle?

[13:28] China's demographics have them looking straight into a disaster

[18:11] The hottest coming sector for the next 10-15 years in the US

[20:58] There are 2 waves of Millennials and the 2nd hasn't entered the workforce yet

Websites:

www.JasonHartman.com/Masters

www.HarryDent.com

Direct download: AMA_256_Harry_Dent.mp3
Category:general -- posted at: 6:54pm EDT

Jason Hartman talks with Nobu Su, chairman of the shipping company Today Makes Tomorrow and author of The Gold Man From the East. Back in the 2008 financial crisis, Nobu's company was a $5 million victim of Western bankers. Nobu is now fighting back, suing the institutions that took his money and trying to tell his story so others don't suffer the same fate.

Key Takeaways:

[1:22] What's the status of Su's lawsuit against JP Morgan?

[9:05] How long can our country keep going like we are?

[11:10] What is Nobu Store?

[14:59] The history of Nobu's career

Websites:

www.Nobu.store

www.Twitter.com/Nobu__Su

Direct download: AMA_255_Nobu_Su.mp3
Category:general -- posted at: 8:37pm EDT

Jason Hartman talks with Parag Khanna, author of The Future is Asian and founder of FutureMap, about what's really going on in regards to the trade war and its impact on Asia (which doesn't just mean China). The two discuss the role of technology in killing jobs around the world and Asia's impact on global consumption growth.

Key Takeaways:

[1:07] What is Connectography?

[5:59] The premise of The Future Is Asian

[9:09] Parag can tell you who's going to win a trade war with China

[11:03] Technology is killing jobs a lot faster than trade is

[15:33] Most of the consumption growth is coming from Asia

[19:24] International competition is getting bigger and bigger, making any missteps even costlier

[25:23] Companies are shifting entire operations overseas to take advantage of those markets, but that's not necessarily a bad thing for America

Website:

www.ParagKhanna.com

Direct download: AMA_254_Parag_Khanna.mp3
Category:general -- posted at: 6:06pm EDT

Jason Hartman talks with Matt Taibbi, contributing editor at Rolling Stone and author of books such as Griftopia and The Divide, about bubbles. The two explore how Fed policy has been leading to bubbles throughout the years, how Wall Street is designed to take advantage of the average citizen and what we can learn from the history of bubbles.

Key Takeaways:

[2:47] There's a pretty decent path from Fed policy to bubbles

[7:17] How the Great Recession came into being

[11:53] Institutions have learned how to create a bubble to profit from, but then also be prepared to make money when their own bubble bursts

[16:00] As long as trades are occuring Wall Street is making money

[17:50] How investment bankers are auctioning off America's infrastructure

[22:30] What is the investor's lesson from the bubble machine?

Website:

www.Taibbi.SubStack.com

www.RollingStone.com

Direct download: AMA_253_Matt_Taibbi.mp3
Category:general -- posted at: 10:15pm EDT

Jason Hartman talks with Steven Blue, author of Metamorphosis, about changing your business in today's economic environment. Steven explains what's happening in the Rust Belt, the impact tariffs are having, and the state of manufacturing in the United States.

Key Takeaways:

[1:48] What's going on in the Rust Belt?

[4:27] Even with even tariffs, the circumstances each country allows their companies to have makes trade unequal

[9:20] The mainstay of the US is still manufacturing, but it's eroding because of fat, happy CEOs

[16:21] Can the "Rust Belt businesses" play the same game as the high tech companies?

[19:12] A quick tip on company culture: have a Cirque du Soleil culture

[22:58] The new way of going to trade shows

Website:

www.StevenLBlue.com

Direct download: AMA_252_Steven_Blue.mp3
Category:general -- posted at: 4:29pm EDT

Jason Hartman talks with Steven Landsburg, Professor of Economics at Rochester and author of Can You Outsmart an Economist, about the big economic questions of the day. Steven explains why central planning will never work, the "Economic Berlin Wall" Jason proposes, and why more sex is safer sex (and how that applies to economics).

Key Takeaways:

[5:25] It's virtually impossible for central planners to get economic issues right

[9:55] How minimum wage is taken care of by the Earned Income Tax Credit

[13:14] The "Economic Berlin Wall" in today's society

[22:55] Using economics when considering the world's population

Website:

www.TheBigQuestions.com

Direct download: AMA_251_Steven_Landsburg.mp3
Category:general -- posted at: 5:39pm EDT

In this off topic 10th show, Jason Hartman talks with Jeffrey Gitomer, New York Times Best Selling Author of The Little Red Book of Selling and Truthful Living: The First Writings of Napoleon Hill, about some of the great mentors that the two have had in their lives which include Napoleon Hill and Earl Nightingale. They look at what history can teach us, the right way to approach sales, and the challenges we have to face to do the right thing in today's world.

Key Takeaways:

[5:56] The challenge to do the right thing in our society has never been at a higher level than it is today

[10:38] The 5 point rule

[15:59] The 7 Success Rules

[19:53] If you have the right service and attitude heart, sales will be easy

[26:06] If you want to learn something new, read a book that's 60 years old

Website:

www.Gitomer.com

Direct download: AMA_250_Jeffrey_Gitomer.mp3
Category:general -- posted at: 5:00pm EDT

Jason Hartman talks with Venture Alliance member Mike Zlotnik about cap rates in today's interest rate environment. Mike explains what happens to cap rates (and commercial real estate investing as a whole) when interest rates start rising. After years of artificially low interest rates, we're starting to see rates finally rise, so strap in and learn how to navigate the waters and get some real life numbers of the true impact.

Key Takeaways:

[1:52] We are definitely in the period of abnormally low interest rates, and the Fed is raising them at a pretty rapid pace

[5:03] We've been spoiled by artificially low interest rates

[7:52] The inverse relationship between cap rates and prices

[12:28] A real life example of the impact of higher interest rates

[16:27] We live in a world where the Federal Reserve and the Treasury don't have to make sense

[21:43] Can the US government afford high interest rates?

[25:59] Why are rates going higher?

[28:58] How to prepare for higher rates

Website:

www.BigMikeFund.com

www.TempoFunding.com

Direct download: AMA_247_Mike_Zlotnik.mp3
Category:general -- posted at: 11:00am EDT

Jason Hartman plays some of his segment from the latest Cash Flow Wealth Summit where he talks about the 6 ways the US government can solve their $220 trillion obligation and which one we can take the most advantage of as investors.

Key Takeaways:

[2:57] The difference between money and currency

[5:50] The 3 basic economic maladies

[8:01] The entitlement society isn't going to change, so align your interests

[9:45] We must understand the motivations of governments and central banks

[11:43] The 6 ways the government can deal with the looming entitlement bill

[19:23] The most likely solution the government will choose

[23:02] Inflation is the most powerful method of wealth redistribution from lenders to borrowers, old to young

Website:

www.JasonHartman.com/Properties

Jason Hartman's Flash Briefing

The PropertyCast

Direct download: AMA_246_6_Ways.mp3
Category:general -- posted at: 12:00pm EDT

Jason Hartman talks with Ross Baird, President at Village Capital Group and author of The Innovation Blind Spot, about where all the startup money is going these days. Venture capital is flowing to tech and everyone's trying to hit a home run, not a bunch of singles. Ross discusses the danger of our current "winner take all" mentality, some options for what to do with the big companies like Google and Facebook, and why sometimes looking in your back yard for an investment is the way to go.

Key Takeaways:

[2:48] Where is all the startup money going?

[5:57] Most people in positions of power and influence are unintentionally leaving out entire swaths of the population

[8:47] We're living in a "winner take all" type society right now

[11:18] The 3 options for what needs to happen to these big public companies

[15:04] You don't always have to look for the next big thing, sometimes you just have to look at what's going on right around your home town

[19:06] Everyone goes for location in real estate, but the better yield is in the non-trophy property

Website:

www.VilCap.com

Direct download: AMA_245_Ross_Baird.mp3
Category:general -- posted at: 3:25am EDT

Jason Hartman takes today's episode to look at inflation, the trade war, and how the economy lags behind things like these. To help him with that dissection he brings in one of the new additions to his team, in house economist Thomas. Thomas helps Jason decipher his charts that show how the home sales change along with inflation and mortgage rates. All of these things add up to important tools you can use as you prepare your portfolio for the next recession we all know is going to show up sooner rather than later.

Key Takeaways:

[1:40] What you see when you compare the 30 year mortgage rate to existing home sales

[6:02] Inflation has been announced as mild recently, but how does it impact the economy and attitudes in general?

[7:37] What does the trade war mean for inflation?

Websites:

www.JasonHartman.com/Properties

Direct download: AMA_244_Thomas_Young.mp3
Category:general -- posted at: 9:00am EDT

Jason Hartman talks with Matthew Gardner, Chief Economist at Windermere Real Estate. The two discuss what's going on in the macro US economy, what's going on with home inventory levels, some of the easiest ways to lower home prices, and the Millennial's (mostly futile) quest to save up for a down payment and more.

Key Takeaways:

[1:34] What's Matthew's take on what's going on in the macroeconomy

[4:22] What's going on with new home development? Will there be any break in inventory shortgage?

[8:35] The easiest way to lower home costs and ease the inventory crisis is by easing regulatory burdens

[12:10] Millenials are having a hard time saving up for a down payment and are asking for a loan from the bank of Mom & Dad

[14:56] Milennials want to live in the "exurbs" in townhomes, but home prices are pushing them out further

[17:21] It's taking a credit score of 740 to get a mortgage loan these days, but even if more people become eligible there's no inventory

[20:32] Factors that could trigger the next business cycle recession and what the next recession might look like

[24:50] Who are the "Boomerang Buyers" and how might they impact the single family rental rate growth?

Website:

www.Windermere.com/Economics

Direct download: AMA_243_Matthew_Gardner.mp3
Category:general -- posted at: 5:01pm EDT

Jason Hartman talks with Bill Janeway, an active venture capitalist, director of Magnet Systems and O'Reilly Media, Chairman of the Board of Trustees of Cambridge in America, and author of the recently revised and updated book Doing Capitalism in the Innovation Economy. The two discuss the 3 player game and the government's role on both the supply and demand side of the market, the digital revolution and the coming green revolution.

Key Takeaways:

[1:27] How the thesis of the 3 player game came about

[5:24] There are markets that need government pushing the supply side of things for driving innovation, but sometimes the government even needs to be on the demand side, adding income to support the economy

[9:17] If the government hadn't jumped in on the demand side in the 2009 recession history has shown us what would have happened

[11:21] Wherever there's a market for assets there will be bubbles

[17:05] Why the digital revolution made Bill extend his book

[24:05] We've got a new challenge, a new technological revolution, which is the need for a new, green revolution

Website:

www.BillJaneway.com

Direct download: AMA_242_Bill_Janeway.mp3
Category:general -- posted at: 4:23pm EDT

Jason Hartman talks with Ben Way, CEO of Digits, about how the future is going to look in the first part of their interview. The two start off discussing how Digits is going about turning regular credit cards into Cryptocards that allow you to spend your cryptocurrency but also hedge that purchase for a year. Then the two discuss the changes that automation is going to bring to our society, from dating to working, to risk aversion. Information is more available than ever before, is that actually holding us back?.

Key Takeaways:

[1:17] How Digits converts your existing credit cards into crypto cards and gives you up to a 1 year hedge on your currency

[4:33] How the 1 year hedge is made possible

[8:47] Every innovation leads people to fear that everyone was going to lose their job and be displaced, but it's never really happened. Is this time different?

[12:19] What people forget about automation

[16:22] How do the logistics and hard drives of robots work?

[19:33] The plethora of information is making kids more risk averse

[23:15] The two things we get wrong when it comes to education

Website:

www.RainmakersGlobal.com

Direct download: AMA_241_Ben_Way.mp3
Category:general -- posted at: 4:33pm EDT

Today's 10th episode features Jason Hartman talking with Mike Starks about the state of America's health and how most of it can be solved with our eating habits. The two discuss the dangers of sugar, the importance of sleep, and the most important aspects of a diet that don't involve exactly what you're eating.

Key Takeaways:

[4:12] America is the most nutritionally educated culture in the world, yet we're the most obese due to getting it wrong 40 years ago

[6:34] When fat is taken out of food, sugar is added in its place

[10:15] If you eat right and get good sleep you're 90% of the way to health, even without exercise

[13:39] If eating right isn't easy and taste good, you're not going to stick with it

[18:02] What's the solution to America's health problem?

[22:33] What the subscription plan entails

[26:45] Keep it simple so it become consistent

Website:

www.JasonHartman.com/Food

Direct download: AMA_240_Mike_Starks.mp3
Category:general -- posted at: 6:47pm EDT

Jason Hartman talks with Matthew J Martin, founder & CEO of Blossom Finance, about how Islam views cryptocurrencies and what Sharia law says about debt and investing. The two examine what exactly Islam says about various actions, and how that impacts all facets of life for around 20% of the world.

Key Takeaways:

[2:24] How Matthew views micro financing

[6:23] Why is it important to know what Muslims think about debt and cryptocurrencies?

[8:56] What about the Muslim investors today? Are they following Sharia law or not?

[13:06] Sharia law allows credit sales, you just can't have a 3rd party solely giving money

[16:18] Islam is about risk participation

[21:06] What is the Islamic view of cryptocurrencies?

[25:03] The law of the land is supposed to trump Sharia law, but that doesn't seem to be the view of many Muslims who are immigrating

Website:

www.BlossomFinance.com

Direct download: AMA_239_Matthew_Martin.mp3
Category:general -- posted at: 7:13am EDT

Jason Hartman talks with John Tamny, director for the Center for Economic Freedom, Editor of Real Clear Markets, and author of Who Needs the Fed?: What Taylor Swift, Uber, and Robots Tell Us About Money about why he believes the Fed doesn't have anywhere near the power they're given credit for, why their policies aren't effective in today's world, and why demographics may not be as useful as they're believed. John & Jason also discuss the impact of automation on all aspects of our life. John is excited about what all of this change will mean for the common worker and believes it will lead to higher quality of life for all.

Key Takeaways:

[1:58] How Uber made John realizing something about the Fed

[5:41] The importance of the Fed is vastly overstated

[10:43] The idea that the rest of the world is in on some deal where they hold worthless treasuries isn't realistic

[13:40] Demographic arguments regarding Japan don't hold a lot of weight with John

[17:27] Money flows to its highest use, regardless of the Fed

[21:55] Automation is going to lead into a surge in new kinds of jobs

[26:37] The demand for entertainment and service is going to explode

[28:26] Tamny's Law: as prosperity grows more and more people escape laziness because they find work they love

[30:06] John's thoughts on Universal Basic Income

Website:

www.RealClearMarkets.com

Direct download: AMA_235_John_Tamny.mp3
Category:general -- posted at: 4:15pm EDT

Jason Hartman talks with Samson Williams, co-founder at Axes and Eggs, about the state of cryptocurrencies, especially in regards to fundraising. Samson discusses the current thoughts of the SEC on utility tokens, and explains the steps you need to take to launch an ICO, how much customer acquisition is running these days, why you SHOULDN'T pay your advisors in cryptcurrency, and more.

Key Takeaways:

[5:10] Is the SEC going to come after utility tokens?

[9:17] How long does it take to set up an ICO?

[14:58] What are the steps to launching an ICO?

[18:35] Develop a budget before going out and hiring

[22:54] The basic customer acquisition cost was $36/person, but it's bringing in less and less money in investments

[26:18] Are the days of big ICO fundraisers over?

[28:19] Why you should pay your advisers in cash

Websites:

www.AxesAndEggs.com

www.CoinSchedule.com

www.ICOAlert.com

Direct download: AMA_237_Samson_Williams.mp3
Category:general -- posted at: 12:00pm EDT

Jason Hartman talks with Adam Andrzejewski, founder & CEO of www.OpenTheBooks.com, about wasteful government spending and how President Trump is doing at stemming the tide. Open the Books' mission is to track "every dime, online", even going so far as to have an app where people can follow the money in as close to real time as possible.

Adam discusses how pervasive the pork barrel spending is, how large the trough has grown, and what areas are most ripe for trimming.

Key Takeaways:

[1:16] Why is Open the Books different from other government spending watchdogs?

[4:56] How is the Trump administration doing when it comes to government spending?

[9:12] Absurd levels of grants ($600 billion) were given out in the final year of Obama

[11:49] Pork barrel spending knows no party affiliation

[15:49] It's our constitutional right as citizens to see all the expenditures of our government

[20:18] 2016s highest bonuses

Website:

www.OpenTheBooks.com

Direct download: AMA_236_Adam_Andrzejewski.mp3
Category:general -- posted at: 4:42pm EDT

Jason Hartman talks with Pat Donohoe, author of the new book Heads I Win, Tails You Lose, about the habit of most Americans to delegate their investing, what we should be doing today financially, the use of debt in our country and more.

Key Takeaways:

[2:09] The average American has delegated most of their life to 3rd parties

[5:21] The drive to save money now for the future and retirement is so that you can achieve freedom

[8:09] What should we be doing today for ourselves financially?

[13:00] Think of your employer like a customer, you want to keep them happy but you also want to maximize your revenue

[17:17] The entire country is based in debt

[20:00] The true narrative is to be smart with your money, not to get rid of debt

[26:28] Start to focus on the now rather than the mirage of the future, and start by taking the wool off your eyes when it comes to the banking system

Website:

www.HeadsOrTailsIWin.com

Direct download: AMA_235_Pat_Donohoe.mp3
Category:general -- posted at: 4:50pm EDT

Jason Hartman talks with Dan Rutherford, deputy director for the Office of Customer Education and Outreach with the US Commodity Futures Trading Commission, about some incidences of fraud in options trading that his office is seeing, and what signs you can look for to make sure you're not scammed. The rise in prominence of cryptocurrencies has brought plenty of scam artists into the arena, and they're currently focusing education on binary options.

Key Takeaways:

[3:06] What kind of fraud is going on in options?

[7:15] The main things you should be watching out for to recognize a scam

[12:53] There's a whole lot more education on cryptocurrencies needed in the general public

[15:47] Some tips to avoid fraud and how to help out others who may be being taken advantage of

Website:

www.SmartCheck.gov

Direct download: AMA_234_Dan_Rutherford.mp3
Category:general -- posted at: 4:46pm EDT

Jason Hartman talks to one of his podcast mentors, Jim Puplava, host of Financial Sense, about his thoughts on the new tax reform, what's happening with inflation (both today and moving forward), the different motivation of millennials compared to former generations, and more.

Key Takeaways:

[2:05] Will the new tax plan expedite people and companies leaving high tax states?

[6:53] Hidden taxes in states like California

[7:59] What's the endgame when states and municipalities go bankrupt? Is it just a federal bailout?

[10:53] Jim's current inflation thoughts

[14:23] How much longer can the US continue to kick the can down the road when it comes to the debt?

[17:49] Why double inflation arbitrage is fantastic for real estate investors

[21:03] What the next downturn is going to look like

[26:21] Jason's new theory

Website:

www.FinancialSense.com

Direct download: AMA_233_Jim_Puplava.mp3
Category:general -- posted at: 4:49pm EDT

Jason Hartman talks with Alan Beaulieu, President & Principal at ITR Economics and author of Prosperity in the Age of Decline, about what's going on in our economy when it comes to energy, inflation, and millennials. The two take a look at the difference between virtuous and non-virtuous inflation, how the millennials might respond to seeing actual inflation (and ways you can educate yourself about how times used to be different) and why you should be excited about the things that are coming. Alan also gives his thoughts on the recent tariffs and tax reform.

Key Takeaways:

[4:16] What's coming in the economy next

[6:15] What is "virtuous" and "non-virtuous" inflation?

[9:17] In 12 years there will be 30 million more people drawing down on Medicaid and Social Security

[13:24] Every single industry is having problems finding enough people, so the future isn't as bleak as you might think

[16:49] The 5 sources of inflation

[20:24] We're in a golden age with stable energy

[22:40] The 3 reasons Alan's excited about where we're headed

Website:

www.ITREconomics.com

Prosperity in The Age of Decline: How to Lead Your Business and Preserve Wealth Through the Coming Business Cycles

Direct download: AMA_232_Alan_Beaulieu.mp3
Category:general -- posted at: 5:43pm EDT

Jason Hartman talks to The Libertarian Chick, Kristin Tate, about the hidden taxes we all pay in our life, and how to do something about that. Kristin explains that often the taxes that we're paying are not being used for the purpose that you would assume they would be.

Key Takeaways:

[1:27] Are millenials just not paying attention to fiscal policies?

[3:26] We are being taxed EVERYWHERE, even when we don't see it

[6:32] Where some of your tax money is going probably isn't where you expect

[11:35] The debauchery tax & unintended consequences

[15:13] Awareness is step 1, what's step 2?

[18:43] The smaller the municipality the easier it is to get rid of the tax

[23:54] How did Kristin get into this line of work?

Website:

www.TheLibertarianChick.com

www.Twitter.com/KristinBTate

Direct download: AMA_231_Kristin_Tate.mp3
Category:general -- posted at: 12:23pm EDT

In this 10th episode, Jason Hartman goes off topic with Joan Sotkin, host of the Prosperity Place podcast and author of Build Your Money Muscles, about how to rewire your brain for prosperity and financial freedom. Jane points out that you need to connect with your negative emotions about money because emotions are created to be expressed, as well as remembering that you're not doing it for money but for what the money allows you to do.

Joan and Jason look into why people quit at the first sign of trouble and how you can be part of the 2% of people who actually achieve change.

Key Takeaways:

[1:44] Money problems aren't usually about money

[6:14] The questions you need to ask yourself when you're trying to change your bad habits

[9:44] You need to connect with your negative emotions surrounding an idea because emotions, by nature, need to be expressed

[12:04] Remember, you're not working for money, you're working for what the money will buy

[16:27] The people who are successful are problem solvers who see problems as opportunities

[20:44] What can you do about people who give up at the first hint of trouble?

[23:33] Only 2% of people who want to change actually make the change

Website:

www.ProsperityPlace.com

Direct download: AMA_230_Joan_Sotkin.mp3
Category:general -- posted at: 4:54pm EDT

Jason Hartman talks with Dr. Sean Worthington, creator of Cloud Coin, about what money really is, why it absolutely must be trustworthy, and why Cloud Coin is the solution for digital currencies. Sean says that Cloud Coin is an enormous development over Bitcoin and actually provides the most secure transactions around. Sean also touches on Jason's belief that government's can shut down cryptocurrencies with his explanation of why that's just not going to be the case.

Key Takeaways:

[1:00] Sean's new definition of money

[5:11] Money MUST work as trustworthy data in order for the economy to work

[8:21] The story of the Island of Yapp

[11:13] Money tells us what to do and how to act, so it needs to have integrity

[16:23] Cloud Coin is the money that Sean has created, which just gets created into existence

[19:27] Cloud Coin's market cap is currently 17 million, and people are actually spending it

[24:36] Why Cloud Coin is a big development over Bitcoin

[29:41] Sean's thoughts on why governments won't be able to shut down cryptocurrencies

Website:

www.DigitalFrontierNews.com

Direct download: AMA_229_Sean_Worthington.mp3
Category:general -- posted at: 12:00pm EDT

The worlds of cryptocurrencies and crowdfunding can work in harmony, but the world of the long term cryptocurrency lover and day traders may not be so harmonious.

Jason Hartman talks with David Drake, founder of LDJ Capital, about what's going on in the cryptocurrency world, regulations on the ICO market, and how currencies like Bitcoin might be incorporated into international currency baskets.

Key Takeaways:

[3:33] What kind of regulations do ICOs have?

[8:13] Cryptocurrencies are now seeing two worlds collide: the old guard of people who are buying and holding versus the hedge funds coming in to trade and make money quickly

[12:12] G7 might put Bitcoin into their currency baskets because they're anti-inflationary

[15:07] Can cryptocurrencies overcome any potential opposition from governments and central banks?

Website:

www.LDJCapital.com

Direct download: AMA_228_David_Drake.mp3
Category:general -- posted at: 7:53pm EDT

There are new payment systems coming into play in the cryptocurrency world that are about to cause some big disruptions. Jason Hartman talks with Pavel Matveev, CEO of Wirex, about the new technologies, the main problem with cryptocurrencies, where Bitcoin is headed this year, and whether regulation in the crypto world will be a good or bad thing.

Key Takeaways:

[2:39] The main problem with cryptocurrency right now

[5:17] Blockchain hasn't been designed to be scaleable and how that's being addressed

[9:25] What is Wirex?

[13:03] Pavel doesn't believe cryptocurrencies will replace fiat currency

[14:41] Bitcoin 50k in 2018?

[20:38] Who has to have a license to deal in cryptocurrency?

Website:

www.Wirex.com

Direct download: AMA_227_Pavel_Matveev.mp3
Category:general -- posted at: 12:00pm EDT

Jason Hartman talks with Chris Skinner, chairman at Financial Services Club, about how cryptocurrencies and blockchain are changing the banking industry, what changes are going to have the most impact in the coming years, if more regulation is needed, and how blockchain is actually used in commerce today.

Chris is an expert on financial markets and fintech. He is author of Digital Bank, ValueWeb, and Digital Human.

Key Takeaways:

[1:08] Are big banks in trouble and at risk of going away at all?

[6:32] The challenge for financial institutions to deal with technology and change

[11:04] The most critical breakthrough coming in the next decade is a Digital Identity Scheme

[15:57] Do the big companies need to be regulated like utilities or be required to publish their algorithms?

[19:17] What's going on in cryptocurrencies today is equivalent to what happened with the World Wide Web in the 90s. We're trying to figure out which one will come out on top

[23:03] When will blockchain actually be used in commerce on a large scale

[29:02] How will the blockchain change how we love?

Website:

www.TheFinanser.com

Direct download: AMA_226_Chris_Skinner.mp3
Category:general -- posted at: 12:00pm EDT

Gambling has destroyed many lives, and it's something that actor Zack Ward thinks needs to be dealt with in our society. That's one of the reasons he's CEO of Global Sports Financial Exchange, the first investing platform for sports leagues, as well as determined to teach financial literacy.

Jason Hartman and Zack discuss how All Sports Market can help curb gambling by giving a new outlet more akin to the stock market, why they're trying to get more regulation, how they're using blockchain technology, and more.

Key Takeaways:

[3:22] What's the difference between AllSports and gambling?

[6:43] Where is the All Sports Market going?

[7:38] Why All Sports is openingly welcoming regulation

[12:01] The unholy alliance between sports and gambling

[14:32] All Sports trading platform is based on blockchain technology

[17:50] Zack's mission to promote financial literacy, and how his company's learning center does that

Website:

www.AllSportsMarket.com

www.Twitter.com/TotalZackWard

www.Instagram.com/TotalZackWard

Direct download: AMA_225_Zack_Ward.mp3
Category:general -- posted at: 5:05pm EDT

There is a lot of talk in the news lately about a possible downturn in the US economy, yet Jason’s guest, Ali Wolf of Meyers Research is staying bullish. She says the important indicators to watch aren’t showing the normal warning signs of a market drop. Ali also discusses the trends of Millennials with regards to renting vs. buying a home, their purchasing cycles and what they are willing, and not willing, to pay for.

Key Takeaways:

[01:03] Are we at the end of a business cycle?

[04:30] Ali uses the Quits ratio to judge the state of the economy.

[06:39] Three critical indicators to use as early warning signs to a possible market drop.

[09:29] Wiil Millennials be staying put and buying homes or are they the rental generation?

[16:33] Why modern, prefab homes may offer Millennials more amenities than space.

[27:34] Inventory of existing, resale housing is lower in every single market Zondo tracks.

Website:

www.RealEstateTools.com

www.JasonHartman.com/Ask

www.MeyersLLC.com

www.Zonda.co

Direct download: AMA_224_Ali_Wolf.mp3
Category:general -- posted at: 3:20pm EDT