American Monetary Association (general)

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