Fri, 19 February 2021
Saifadean Ammous, the author of The Bitcoin Standard, joins Jason to explain the three basic functions of money and why this matters with Bitcoin. Will Bitcoin push out the role of central banks? If so, why would the government let Bitcoin exist?
Saif continues discussing the government’s role or ability to have a role in cryptocurrency, specifically Bitcoin. As well, what is time preference, and how does it differ from inflation?
Saifadean Ammous, author of The Bitcoin Standard
[1:00] Money has three basic functions of money:
[3:45] How does Bitcoin act as a base layer of money, similar to the central banks' settlement layer?
[8:00] Why would the government let Bitcoin exist?
[17:00] Have you been bitten by the Bitcoin bug?
[17:25] Could the government make Bitcoin illegal?
[29:45] Is there a distinction between time preference and the time value of money, aka inflation?
[31:45] Saifedean’s wife sells the chair he’s sitting on out from underneath him.
[32:10] Art on the gold standard, will it stand the test of time?
[41:20] “A lot of people prefer to laugh than to think.” -Saifedean on Hedonism
Fri, 12 February 2021
388: Leave The City, Work From Home, Dr. Nicholas Bloom, Stanford University, National Bureau of Economic Research
Jason Hartman talks with Stanford University, Professor of Economics, Dr. Nicholas Bloom. Bloom and Hartman discuss the significant economic changes in the US economy as well as social changes. How has the work from home trend grown through pandemic times, and are employees more productive in this environment? Will this work from home trend continue to give people reason to leave exhaustingly expensive homes in the city?
[2:25] Working from home has absolutely exploded, from 5% to 60% at the peak of the pandemic.
[3:10] Geography is less meaningful than ever in US history.
[6:10] San Francisco has a sort of rental apocalypse due to the pandemic.
[8:50] Working from home has already been on an upward trend.
[16:00] The best way to fix the economy is to eliminate the virus.
[18:30] Big tech never set out to censor what’s online.
[23:00] Are people more or less productive working from home?
[25:15] Are we to expect inflation due to all of the money printing?
Fri, 5 February 2021
Jason Hartman talks with New Zealander and the founder of Landlord Studio, Logan Ransley, who shares his findings from his companies residential real estate index report. Rental reports don't show the same grim eviction rates that 'click-bate' portrayed through the 2020 pandemic. What are the realistic rent collection rates?
[1:30] Real Estate felt grim mid lockdown.
[4:00] Rental reports don't show the same grim eviction rates that 'click-bate' portrayed through the 2020 pandemic.
[5:00] Rental graphs being depicted based on numbers of 10,000 active leases.
[8:20] What percentage of rent REALLY being collected, and how late?
[11:20] "Although the rent was taking longer to be connected, it was still being collected at the same rate."