American Monetary Association (general)

Pat Donohoe returns to the show to discuss how it is that an economy grows. The keyword here is debt. Debt is priced into everything and used for growth. Jason Hartman asks, “have the rules changes in an era of riots and civil unrest? Bailouts for everyone!

Key Takeaways:

[1:25] Have the rules changed in an era of riots and civil unrest?

[4:45] Sometimes, you need contrast to understand the value of one system.

[9:00] If someone makes a poor choice, there is no bailout. 

[13:00] Debt is priced into everything. It fuels the economy.  

[14:45] If you want to create real wealth, you simply must have capital formation.

Websites:

JasonHartman.com/Webinar

www.JasonHartman.com

www.JasonHartman.com/properties

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

Direct download: AMA_343_1496_Pat_Donahoe_Sara.mp3
Category:general -- posted at: 12:00pm EDT

Today we are joined by a Libertarian Presidential candidate and former felon who won his freedom representing himself. Mark Whitney joins Jason Hartman sharing his backstory from outlaw to free man. As well, he speaks on the suspension of the 'campaign trail' due to coronavirus. Mark talks to some of the challenges running for president. As well, he speaks to the ease of becoming a candidate. Jason asks Mark what he expects to see in our future, whether that's inflationary or not.

Key Takeaways:

[1:00] Backstory, from felon to free man.

[8:30] Politics has been suspended. The trail in 'campaign trail' is gone.

[9:30] What were the lessons learned by representing yourself in court?

[12:30] There are generally about 2,000 people running for President of the U.S.

[13:45] The presidential commission on debates is a privately owned organization. This arrangement is so we can't site the constitution to say that our political speech is censored.

[14:30] How can you run?

[16:30] Are we looking at an inflationary future?

Websites:

MarkWhitney.com

TheLaw.Net

JasonHartman.com/Webinar

www.JasonHartman.com

www.JasonHartman.com/properties

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

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

What is the “dollar milkshake theory”? Brent Johnson joins Jason Hartman to share his ideas and concepts on macroeconomics. Particularly, what’s the strength of the U.S. dollar, and how does it compare to gold and other currencies? Brent also shares his thoughts on modern monetary theory and the possibility of its presence in the future, and potential problems.

Brent Johnson also discusses the broad term currency as it pertains to gold, the U.S. dollar, and many other currencies around the world. Brent shares his views on gold and the role it plays. As well, Brent and Jason discuss what is needed for money to be loaned into existence.

Key Takeaways:

[2:00] Dollar milkshake theory.

[4:00] Discussing MMT Modern Monetary Theory

[5:30] Until a new system is designed, there is no place to go, other than the U.S. dollar.

[9:10] Does MMT work or is a pipe-dream?

[12:35] Let’s talk about gold and the role it plays.

[19:00] Because money is loaned into existence, you need monetary velocity or credit expansion to be taking place. 

[22:00] What about military tensions?

[26:45] How delicate is our economy that corporate giants need bailouts as bad as family-owned restaurants?

Websites:

SantiagoCapital.com

twitter: @santiagoaufund

www.JasonHartman.com

www.JasonHartman.com/properties

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

Direct download: AMA_1491_Brent_Johnson.mp3
Category:general -- posted at: 12:00pm EDT

Mike Robbins joins us for some important lessons in mental health and dealing with grief. We are all grieving together, for ourselves and for those that surround us. It’s time to stop, pause, and reflect. How can we focus on the moment?

Key Takeaways:

[1:30] Mike Robbins, the author of five books, Focus on the Good Stuff, Be Yourself Everyone Else is Already Taken, Nothing Changes Until You Do, and, Bring Your Whole Self to Work

[5:45] Perspective is important, and when we are in the middle of something, it’s difficult to have perspective on it

[7:30] Even though it may not seem like it right now, you have more than this requires

[8:15] If we are experiencing difficulty the common element is that we are focusing internally instead of externally

[11:30] The world has intervened in a way, and forced all of us to stop, pause, and reflect

[17:30] How do we focus on the moment?

[23:30] You can control your attitude and you can control your effort, everything else is some form of out of your control

Websites:

Mike-robbins.com

1-800-Hartman

www.JasonHartman.com

Direct download: AMA_340_1440_Mike_Robbins.mp3
Category:general -- posted at: 9:00pm EDT

Jason Hartman with guest, Harry Dent, for the rant of the year! “This is a bubble that is waiting to pop,” says Dent as he opens up about the Coronavirus just being a cover for some underlying economic issues. “This is much worse than a debt-bubble; it’s a financial asset bubble.”

Harry speaks on his thoughts about gold, cryptocurrency, and inflation. Specifically, asset vs. consumer inflation. What causes inflation? What’s to be expected in the future when it comes to commercial real estate? What will happen to the once sought after McMansions?

Key Takeaways:

[1:30] This is a bubble that was waiting to pop, and Coronavirus was just the cover.

[2:00] All of this money printing does not stop the virus. 

[6:00] There is no going back to normal after 25% of restaurants, and some areas closed down. 

[12:45] China has already hit its peak. They’re going to have trouble keeping up with India.

[14:30] What is Harry Dent’s opinion on cryptocurrency, bitcoin? 

[17:45] Gold correlates with one thing, inflation. 

[19:30] Money printing doesn’t necessarily cause inflation.

[20:30] What does cause inflation?

[23:15] Asset vs. consumer inflation, that’s the bubble. 

[25:00] This is way worse than the debt bubble; this is a financial asset bubble.

[29:30] Commercial real estate and McMansions will collapse while the 3/2 will go on to thrive. 

[35:00] The first billionaires were born of the great depression.

Websites:

HarryDent.com

JasonHartman.com/Webinar

www.JasonHartman.com

www.JasonHartman.com/properties

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

Direct download: AMA_Harry_Dent_Rants_1487-88.mp3
Category:general -- posted at: 9:00pm EDT

Not a cryptocurrency, but a COVID-Currency. Jason Hartman shares news of a small town in Washington that has created their own local currency, something that hasn’t been used since the Great Depression. And as always, it’s good to ask, “compared to what?” This letter home from a college student couldn’t illustrate this principle more clearly when it comes to gaining perspective. Let’s step back in time for a lesson on the inflation/deflation shell game. Lastly, Jason talks about the wildly unsurprising news that the bidding wars for homes have left the big cities and moved largely to the burbs. 

Key Takeaways:

[1:00] Let’s not forget to ask one of life’s most important questions. 

[2:45] A letter home from a college student, further illustrating the strength of the question, “compared to what?”

[5:40] A small town in Washington is printing its own currency during the pandemic.

[12:45] House hunters are swarming the villages and rural communities outside of NYC.

[15:15] Predictions of housing purchases in the suburbs rising faster than those of the cities.

[16:45] The bidding war has moved to the burbs.

[22:40] From an Alexa Flash Briefing, The Inflation/Deflation Shell Game. 

[32:45] Playing some inflationary hypotheticals.

Websites:

JasonHartman.com/Webinar

www.JasonHartman.com

www.JasonHartman.com/properties

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

Direct download: AMA_Small_Town_Currency_1486.mp3
Category:general -- posted at: 12:00pm EDT

Jason Hartman speaks with a four-time best-selling author, and motivational speaker, Nick Adams. Today, they discuss how the U.S. will turn it around, and continue to be the greatest country in the world. How would things be different if Churchill had not been around, and what similarities can we draw comparing him to Trump? 

Book: Trump Vs Churchill, Defenders of Western Civilization by Nick Adams

Key Takeaways:

[3:30] How will the U.S. turn it around?

[6:30] Is the United States of America living up to its potential?

[9:00] How things would’ve been different had Churchill not have been around.

[10:20] Comparing Trump to Churchill.

[16:25] Never bet against America

Websites:

NickAdamsUSA.com

www.JasonHartman.com

Jason Hartman Quick Start

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

Direct download: AMA_American_Boomerang_1480.mp3
Category:general -- posted at: 12:00pm EDT

The key is to take action, but the purpose of today’s show is to explain why the actions we take make sense. Jason Hartman and Evan Moffic discuss the mortgage credit availability index, MCAI, and affordability. What has changed since 2004? Why would one wait and try to time the market? What’s the opportunity cost of timing the market? 

Key Takeaways:

[3:00] Discussing the opportunity cost of lost money by waiting and trying to time the market. 

[4:00] Diving into the affordability index and the MCAI

[9:20] Mortgage Credit Availability Index MCAI

[10:00] Affordability = mortgage payments vs income

[12:30] Show recommendation, America In Color

[14:00] Watching the index move, in hindsight, from 2004 to 2019. What can we learn and expect?

[22:00] At some point, you want to be satisfied. 

[24:15] “Successful people are willing to do things that unsuccessful people are unwilling to do.”

[30:00] Choose your company well.

Websites:

JasonHartman.com

JasonHartman.com/properties

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

Direct download: AMA_336_1478_Evan_Moffic_MCAI_Migration.mp3
Category:general -- posted at: 9:00pm EDT

Position or Profit? Position yourself for the rise of suburbia. With several contributing factors for people migrating away from mid-rise and high-rise condos, suburbia looks better and better. Jason Hartman shares real estate investing strategies that have proven effective for decades. However, current events have made these strategies more appealing. Investment Counselor, Doug, shares supporting investment tips based on the book, The Dao of Capital by Mark Spitznagel. 

Books:

The Dao of Capital by Mark Spitznagel

Key Takeaways:

[1:00] Investment Counselor, Doug

[1:30] Discussing, The Dao of Capital, Investing in a Distorted World, Mark Spitznagel

[3:00] Instead of focusing on profit, focus on your position. 

[7:00] Discussing strategies like searching for weak companies

[11:00] When you have population migrations it puts upward pressure on both price and rents

[14:30] The demand for sub 250k homes goes up, as 2.3 million potentially leave mid and high-rise condos. 

[20:00] Dollar-cost averaging, the Spitznagel way. 

[22:00] Timing the market, people often forget to calculate the cash that they lose by waiting. 

[24:00] People buy a house because the payment is affordable, not the price. 

Websites:

JasonHartman.com

JasonHartman.com/properties

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

Direct download: AMA_1476_Mark_Spitznagel_Doug_.mp3
Category:general -- posted at: 12:00pm EDT

Consuelo Mack of Wealth Track on PBS joins the show today to elaborate on the effects of the non-discriminatory Coronavirus. She expects to see two economic waves from this, and the second has yet to hit. Find out where she, unlike many others, recommends that you invest. 

Key Takeaways:

[1:30] Yes, this pandemic is non-discriminating, but a great takeaway is how lucky we are in America. Now is a time for most to reevaluate their personal, and professional lives. 

[4:00] Expecting two waves in the economy. First, the shock and stop. Second, the aftershock and termination of employees.

[5:00] Cash reserves are extremely valuable in times of crisis. 

[6:00] Cash is not trash! 

[7:45] The value of liquidity can not be underestimated at times like this.

[12:00] People are already taking action to leave high-density areas.

[17:20] Reverse mortgages

[23:15] What role does FinTech play in all of this?

Websites:

WealthTrack.com

JasonHartman.com

JasonHartman.com/Ask

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)

1-800-HARTMAN

Direct download: AMA_1464_Consuelo_Mack.mp3
Category:general -- posted at: 12:00pm EDT