Fri, 11 October 2019
292: Governments & Digital Currency with Institute for Global Economic Growth's Richard Rahn, Advisor to President George HW Bush & Chief Economist of US Chamber of Commerce for Ronald Reagan
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.
[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
Fri, 4 October 2019
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?
[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
Fri, 27 September 2019
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.
[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?
Fri, 20 September 2019
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?
[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
Fri, 13 September 2019
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.
[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
Sun, 1 September 2019
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.
[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
Fri, 23 August 2019
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.
[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
Fri, 16 August 2019
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.
[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
Email your Spam to reviews@JasonHartman.com
Fri, 9 August 2019
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.
[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
Fri, 2 August 2019
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.
[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
Fri, 26 July 2019
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.
[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?
Fri, 19 July 2019
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.
[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
Sun, 14 July 2019
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.
[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
Fri, 5 July 2019
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.
[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
Fri, 28 June 2019
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.
[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
Fri, 21 June 2019
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.
[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
Sat, 15 June 2019
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.
[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
Fri, 7 June 2019
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.
[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
Fri, 31 May 2019
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.
[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?
Fri, 24 May 2019
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.
[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
Fri, 17 May 2019
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.
- 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
Fri, 3 May 2019
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.
[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
Mon, 29 April 2019
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.
[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
Fri, 19 April 2019
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.
[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
Fri, 12 April 2019
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.
[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
Fri, 5 April 2019
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.
[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
Fri, 29 March 2019
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.
[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
Fri, 22 March 2019
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.
[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
Fri, 15 March 2019
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).
[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
Sat, 9 March 2019
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.
[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
Fri, 1 March 2019
AMA 260: Why The Survival of Our Republic Depends on the Revival of Honor with Dr. Gina Loudon, President Trump's 2020 Media Advisor
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.
[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
Sat, 23 February 2019
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.
[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
Fri, 15 February 2019
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.
[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
Fri, 8 February 2019
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.
[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
Fri, 1 February 2019
AMA 256: Optimistic Predictions & the US' Hottest Coming Sector for the Next 15 Years with Harry Dent
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.
[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
Fri, 25 January 2019
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.
[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
Fri, 11 January 2019
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.
[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
Fri, 4 January 2019
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.
[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?
Fri, 28 December 2018
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.
[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
Sat, 22 December 2018
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).
[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
Fri, 14 December 2018
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.
[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
Fri, 23 November 2018
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.
[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
Fri, 16 November 2018
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.
[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
Mon, 12 November 2018
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.
[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
Fri, 2 November 2018
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.
[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?
Fri, 26 October 2018
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.
[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?
Fri, 19 October 2018
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.
[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
Fri, 12 October 2018
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?.
[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
Fri, 28 September 2018
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.
[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
Fri, 21 September 2018
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.
[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
Fri, 14 September 2018
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.
[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
Fri, 7 September 2018
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.
[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
Fri, 31 August 2018
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.
[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
Fri, 24 August 2018
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.
[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
Fri, 17 August 2018
AMA 234 - Cryptocurrency Investing Education with Consumer Financial Protection Bureau's Dan Rutherford
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.
[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
Fri, 10 August 2018
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.
[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
Fri, 3 August 2018
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.
[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
Fri, 27 July 2018
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.
[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?
Fri, 13 July 2018
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.
[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
Fri, 29 June 2018
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.
[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
Fri, 22 June 2018
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.
[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?
Fri, 15 June 2018
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.
[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?
Fri, 8 June 2018
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.
[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?
Fri, 1 June 2018
AMA 225 - Global Sports Financial Exchange and AllSportsMarket & Actor in A Christmas Story, Ed, Wild America, Almost Famous, Freddy vs. Jason's Zack Ward
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.
[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
Fri, 25 May 2018
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.
[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.
Fri, 11 May 2018
Jason Hartman talks with Cullen Roche, founder of Pragmatic Capitalism, about macroeconomic events going on today, how Cullen studies the markets, why bonds are more attractive than many believe, and the investment strategy you have to adopt when investing in cryptocurrencies today. The two also take a look at the banking industry, money supply, and asset inflation.
[1:53] What does Pragmatic Capitalism really mean?
[10:26] The macro-economy still looks healthy
[13:40] Cullen looks at the economy like an engineer in order to try and understand what's going on
[17:18] Bonds are probably more attractive than most people believe
[20:10] Cryptocurrencies have become a "greater fool theory" investment
[24:32] Asset inflation is real and it's becoming harder and harder to get into the investor class
[28:50] The banking industry is what creates most of the money in our economy
[31:08] One of Cullen's outlandish theories
Fri, 4 May 2018
Jason Hartman talks with Harry Dent, author of the new book Zero Hour, about current demographic trends and what they means for our society (assuming fiscal and monetary policy doesn't go haywire), as well as how long technology takes to go mainstream and impact society, the impact of sunspots on our economy, environment, and psychology, why the new tax reform is the cure for the problem that doesn't exist, and more.
[1:55] What does Harry learn by looking at sunspots?
[6:10] There's both global warming and cooling going on right now thanks to sunspots
[8:08] Harry does NOT believe this is the time to be cutting taxes
[11:08] The greatest BS economic recovery in history
[14:12] How much does money trickle in this consumption driven economy that needs growth?
[17:05] Nobody takes downturns into consideration when planning the future
[20:39] When are we likely to see a spike in life expectancy?
[23:50] The wild card in predictions using demographics is the government's monetary & fiscalpolicy
[27:19] Why we're going to have a big revolution if things don't change
Fri, 27 April 2018
In this 10th Episode Jason Hartman talks with Vijay Eswaran, founder and Executive Chairman of QI and author of Two Minutes from the Abyss. The two discuss the importance of a sense of urgency, living in the moment, and why you need to look at the issues rather than the people trying to influence you.
[2:21] Why a sense of urgency is so crucial
[5:50] How the book got its name (and where Vijay got his sense of urgency)
[8:19] HOW do you start living in the moment and being appreciative
[11:06] How a misdiagnosis for one of Vijay's friends was one of the best things that happened to his life
[14:44] It's more important to listen to the issues rather than be influenced by personalities
Fri, 13 April 2018
Jason wraps up his interview with Macro Watch's Richard Duncan. The two tackle the topic of rising interest rates, better uses for going into further debt than giving it to tax reform, how the Fed will react to a tanking stock market, and what we can expect to see over the next few years.
[00:45] What people don't realize about interest rates
"People buy houses on a payment, not a price"
[1:56] What the Fed will do if the market drops 10% and what else will happen if it drops 20%
[5:15] What Richard wishes the government had done with the $1 trillion in new deficits that will occur from the new tax reform
[9:50] Why Richard thinks the government can invest as wisely as private companies
[14:16] What are the next few years going to look like?
[16:49] People need to get very familiar with quantitative tightening
Sat, 7 April 2018
Jason Hartman welcomes Richard Duncan back to the show to discuss what's going on with fiscal policy and interest rates right now. In the first half of the interview Richard talks about how the trade imbalance with China has enriched the nation and brought millions out of poverty, as well as how the general public has no idea how much the Fed is actually tightening, and how that will impact interest rates.
[2:45] Jason's theory on asset inflation and what it means if the millennials don't join the investor class like the baby boomers did
[5:22] Why the future from an Asian perspective is much brighter than from a US perspective
[7:31] Who's gotten the better end of the China/US trade imbalance?
[13:08] Richard believes the Fed is tightening more than people are understanding
[17:17] The Fed has been destroying at least $10 billion a month since October 2017 and it's going to get bigger
[19:52] The Fed will have destroyed $1 trillion by the end of 2019 if they follow through on their announced plan
[22:01] Is the Fed likely to make a course correction if rates go too high?
Fri, 30 March 2018
Jason Hartman takes a deep look into ICOs and what it takes to fundraise for them. Shane Liddell is CEO at Cryptologist & co-founder of the Cryptoconomy Summit, and he provides insight into how fundraising has changed recently, how to properly spend money to raise money for your ICO, and how to overcome marketing problems created by big companies such as Google, Facebook, and Twitter when they banned crypto ads.
[4:28] How do you raise money for a cryptocurrency?
[8:18] How much does it cost to do an ICO?
[12:12] Marketing troubles now that companies like Google, Facebook, and Twitter have shut down cryptocurrency advertising
[17:29] What's the minimum for an ICO?
[20:40] What do you actually spend the money on when you're raising money?
[22:46] How do you market ICOs when big companies are shutting you out?
[28:25] How you must always approach an ICO
Fri, 16 March 2018
It's time to take another deep look into rates and ways to finance your properties. Jason talks to lender Aaron about what's going on in regards to rates today, how it's been changing in the last few months, and where to expect it to go in the future.
The two discuss how higher interest rates don't necessarily mean your investments can't make sense. Higher rates also mean more write offs on your taxes, plus your tenant is still paying your debts. So you might have lower cash flow, but it can still be a great inevstment that gets better over time with your locked in rate.
[5:05] Every new regulation requires someone be hired to make sure the lenders are adhering to it, which raises costs
[7:08] What kind of rates can you get today with 20% down?
[10:16] Are people still taking out adjustable rate morgages for investment properties?
[13:02] You need to get your mindeset right when it comes to your real estate business. It's not always strictly about the cash flow
[18:47] The inverse correlation between bonds and rates
[20:49] The best strategy ever is to lock in as many 30 year fixed rates as possible
Sun, 11 March 2018
Jason Hartman welcomes William Cohan, New York Times columnist, special correspondent for Vanity Fair, former contributor to Bloomberg View, and author books such as Why Wall Street Matters, The Last Tycoons, and House of Cards.
William tells Jason his views on the Trump administration, why Donald has had a hard time draining the swamp and who really is to thank for the low unemployment rate and the steady economy.
[1:13] The Trump administration, leverage and cleaning out the gears of the machine that is the US economy.
[7:24] A grand bargain with Wall Street would mean revamping much of its incentive system.
[13:40] Draining the swamp is harder to do than it looks.
[13:23] What we should expect out of the economy and employment.
Fri, 2 March 2018
In the final part of Jason's interview with Andrew Zatlin, the two take a look at whether the future of our economy is inflationary or deflationary. The two also look at the impact of technology on inflation, how it impacts the rental markets, and where the volatility in our economy will be in 2018.
Disclosure: this interview was recorded prior to the GOP Tax Reform being written and passed
[1:17] The proof in the inflation pudding is shipping costs
[6:32] The economy is strong in the background
[8:16] Warehousing had a huge impact on the start of the internet
[10:55] When you reach the point where payroll and population growth are the same you don't get wage inflation
[15:20] When housing affordability is low and prices soften, the rental market strengthens
[19:15] Where 2018 volatility will come from
Fri, 23 February 2018
In the first part of Jason Hartman's interview with Moneyball economist Andrew Zatlin, the two of them take a deep look at what's going on in the housing market through the lens that Andrew uses. He looks at hiring patterns of home builders, and has seen a distinct problem in their search for labor. So many industries are hunting for labor that it's creating a bottleneck.
The two also look at short-term rentals, hotel vacancies, the Fed's monetary policy, and what's creating the demand for housing.
[1:16] Andrew likes to check in with companies about what they're doing in regards to hiring
[3:45] Home builders can't hire enough people right now. The bottleneck is labor because there's a LOT of competition for it
[6:42] One question we need to ask is: what's creating all this demand for housing?
[10:47] The environment today makes it more attractive to buy rather than rent
[16:37] Do short-term rental providers need to worry about oversupply?
[18:56] Hotel vacancy rates tipped into the negatives this past year because of short-term rentals exploding in popularity
[21:36] Demand will create supply, but sometimes supply can create demand
[25:27] The Fed is on a trajectory of tightening
Fri, 16 February 2018
Jason Hartman welcomes Connor Boyack, author of the Tuttle Twins children's book series, and founder of Libertas Insitute, to discuss the need for education about our rights and liberties to be taught to children at a young age. The Tuttle Twin series is aimed at taking important pieces of adult literature and distilling them into key points to emphasize in a way a child can understand.
Jason and Connor dive into subject matter including how government and powerful entities erode our freedoms through fear, whether cryptocurrencies will stick around for the long haul, and how we can actually act to improve our situation.
[2:08] Critical thinking is on the outs in our society
[4:52] The way the system has been set up is totally rigged and takes too much effort to fully understand
[8:50] As a society we have no incentives to change our ways
[10:48] Connor's life as a prepper was not a healthy one, and why he likes cryptocurrency
[14:00] Jason doesn't believe cryptocurrency will truly catch on because it's a director competitor with central banks and governments
[18:14] Will governments shut down cryptocurrencies?
[21:16] The government is eroding our freedoms in the name of "protecting the little people"
[24:49] Some more subtle ways in which our fears are being used against us, such as avian flu, swine flu, Y2K, etc
[28:11] Europe has become a disaster through socialism, immigration, and political correctness
[29:39] Connor's long play to improve society
www.TuttleTwins.com (promo code "liberty")
The flip side of having individual liberty is having personal responsibility and accountability
We are so acted upon, rather than acting
Sat, 10 February 2018
Jason Hartman talks with Daniel Amerman, CFA, about the need for legitimate economic data and whether we can get any of that from the government. The two also take a deep look at our nation's rising debt and what that means for the US currency moving forward.
[2:42] Daniel recently reverse engineered the Congressional Budget Office's long term economic outlooko
[6:32] Is the CBO a credible source of information?
[8:41] Technically there's no such thing as an unfunded liability
[13:47] What does a heavily indebted nation mean for the investor?
[15:57] "It's crucially clear that, when you have a $20 trillion national debt, that interest rates can't rise too much"
[19:48] Why Jason hates hedonic indexes
[23:39] There's a lot of inflation that we either don't see or we don't acknowledge
[28:12] A 2% higher rate of inflation is magic for maintaining financial solvency
[31:23] When everyone learned that stocks were the magic wealth building machine they bid the prices of stocks so high the dividends crashed, which ruined the wealth creation
[34:02] Daniel is a huge fan, not of income property, but of the mortgage
Fri, 2 February 2018
In this 10th episode interview, Jason talks with serial entrepreneur Peter Sage, author of 5 Keys to Master Your Life, about his recent 6 month stay in jail and how he was able to use that as a teaching (and learning) experience for himself, the inmates, and his students.
The two touch on the importance of identity, the need for ego strength & ego drive, what drives people, and more.
[2:29] Peter's latest "adventure" that landed him in jail
[6:55] Identity plays a huge part in how you deal with life
[12:46] Peter's idea of a "contrast frame"
[15:03] Why do people give up at the first sign of adversity? The difference between ego strength & ego drive
[17:14] Most people are driven by G.O.O.P.
[21:37] We need to learn how to love more
Fri, 26 January 2018
Fake news is abound in our country, and it's getting harder to figure out what to believe and what not to. David Mondrus, however, has founded Trive, which uses the blockchain to stop the spread of fake news through crowd sourcing.
Jason Hartman talks with David about how the blockchain is able to do that, why cryptocurrencies won't be shut down by the government, the transformation of Bitcoin, why Trive is releasing their own coin, and more.
[1:51] How Bitcoin and Blockchain are related
[3:37] Is there more than one blockchain?
[10:25] Is this all just a bunch of fake work using vast quantities of energy?
[13:35] Bitcoin's transformation over the past few years
[16:08] Bitcoin represents a fundamental change in society
[17:35] Why government cryptocurrency won't be the one that succeeds
[21:51] The friction in money movement and why it's different with Bitcoin
[25:44] How blockchain can provide a way to avoid things like "fake news"
[30:20] Figuring out what news should be trusted BEFORE you consume it could stop fake news from happening
[31:56] Why Trive needs to release a new coin rather than using an existing one
[35:50] How the SEC is inserting itself into the cryptocurrency world
"Bitcoin represents a fundamental change to society equal to the printing press"
Fri, 19 January 2018
Jason Hartman went on The Financal Survival Network with Kerry Lutz on October 16, 2017, to discuss what's going on in real estate around the country, if we're approaching the top of the market, what's happened to the banks that were "too big to fail", Blockchain technology, and more.
Host Kerry Lutz and Jason also take a dive into the mortgage crisis of 2008, and whether it could make a comeback in today's environment.
[2:26] Where are the assets?
[7:02] Why it's important to remember that you can't hear the dogs that don't bark
[9:07] Too big to fail has gotten even bigger
[12:34] Jason saw the first part of the mortgage crisis coming, but didn't see the second part that involved Wall Street coming at all
[17:37] Blockchain technology is phenomenal, but it's not Bitcoin, which you HAVE to remember
Fri, 12 January 2018
Jason Hartman talks with Congressman Dr. Paul Broun about what's going on in Washington in regards to policy and the constitutionality of it all. This was recorded prior to the GOP Tax Reform bill passing, but Dr. Broun is a proponent of a tax system that's more in line with a flat tax.
The two discuss the irrational belief people have that the marketplace won't react to actions the government takes, as well as why the corporate tax rate needs to be reduced (and who that ultimately helps). They also discuss how to make change actually happen, and whether getting rid of the federal income tax is feasible and if it'd be harmful for the economy on the whole.
[2:20] The major principle of most politicians is re-election
[5:37] It's unrealistic to think that people are going to stop voting for things that are in their immediate best interest
[12:32] Many people seem to not think about the fact that the marketplace reacts
[16:28] Corporations don't actually pay the corporate tax, it's the consumer who bears the weight
[22:04] Making change happen is very hard, everything has been going to the left for at least 50 years. Paul wants to get rid of a lot of federal departments
[25:33] Would getting rid of the federal income tax and moving to a sales tax harm the overall US economy?
Fri, 5 January 2018
HAPPY NEW YEAR!!! 2017 is in the rear view mirror and we're meeting 2018 straight on. Today, Jason Hartman talks with Danielle DiMartino-Booth, author of FED UP! and founder of Money Strong, about her thoughts on the new tax reform bill, whether the corporate repatriation will improve the economy, cryptocurrency, the US shrinking labor force and more.
[1:29] Danielle's thoughts on the new GOP Tax Reform
[4:58] Share buybacks have slowed, why is that important?
[7:38] We have no idea what the unwind of the biggest experiment in monetary policy will look like
[10:29] Why the biggest bubble out there today is the confidence bubble
[11:24] Danielle's opinion of the cryptocurrency world today
[13:56] The best comparison for the cryptocurrency mania we see today
[17:14] The United States has had a shrinking work force for 20 years now
[18:10] We have GOT to change our education system so we can be competitive on the global stage
[20:19] Some bullet points about what Danielle will be discussing during her speech at Meet the Masters
So much of this tax law depends on unicorns existing that I just don't know how much faith we can put in it
2017 has been a record run rate for quantitative easing globally
You can't tell me that anything is a storer of value that can lose 25% in a week
Mon, 1 January 2018
Jason Hartman is proud to announce the latest addition to the 2018 Meet the Masters of Income Property event, Ken McElroy.
Ken is a Rich Dad Advisor and entrepreneur who is an expert in investment analysis, property management, and property development. He's responsible for over $700 million investment dollars in real estate.
Ken is the author of the best-selling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, The ABC’s of Property Management, and most recently his book on entrepreneurship: The Sleeping Giant.
Fri, 29 December 2017
Jason Hartman talks with Ryan Schellhous, founder at IndigoSpire CPAs & Advisors, about the new tax plan. The two start off with a 30,000 foot overview of the plan, then drill down into specific components of the plan as they figure out who is going to be helped and who may not see as much of a benefit under the plan. Ryan explains the biggest revenue raisers and "losers" under the new bill, and some of the most important pieces that will impact individual filers.
[3:10] The 30,000 foot overview of the GOP Tax Reform
[5:06] Will this tax reform create a repatriation of wealth back to the US?
[8:56] The move that mobilized the GOP forces toward tax reform
[10:53] The 2nd most important thing in the tax plan was the widening of tax brackets and lowering of rates for individuals
[13:03] The standard deducation has been increased, which should increase the number of simple 1040s being filed
[16:04] The single largest revenue raiser in the entire bill
[18:16] The change in mortgage interest deductions could cause a dampening in the high end real estate market
[20:46] The Alternative Minimum Tax isn't gone, but it's gone through an overhaul
[22:38] Pass-through businesses are getting a 20% deduction
[29:36] The accelerated bonus depreciation is enormous for real estate investors
[33:08] Changes to the 1031 Exchange rule
[37:12] The carried interest rules have changed as well, impacting the hedge fund managers trading techniques
[39:00] 529 plans (education plans for children) can now be used to pay for private schools
[39:34] Some tax changes that were EXPECTED but didn't end up happening
Fri, 22 December 2017
Bitcoin is in the news, and there's an amazing rush on cryptocurrencies and seemingly a new coin coming out every day. So it's becoming more obvious that we're in a bubble.
But what's the real future of cryptocurrencies?
Jason Hartman talks to Tama Churchouse, co-founder of Churchouse Publishing Limited and lead cryptocurrency analyst at Stansberry Churchouse Research, about what's going on in the world of cryptocurrency. Tama explains the differences between things like Bitcoin and Etherium, and the two look into what the government's future role in cryptocurrency will look like.
[1:14] Why is there a sudden runup in cryptocurrencies?
[5:53] The average transaction fee for Bitcoin is making it impossible to scale
[9:58] There are currently over 1,500 different cryptocurrencies with a market cap of around $520 billion
[11:54] There are currently protocols being written on the blockchain that you can buy into
[14:28] An explanation of "CryptoKitties" and how it can be applied to other avenues
[15:58] Etherium created a standardized token and how it's aiding in ICOs
[18:06] Etherium doesn't scale and is expensive to use, creating some serious drawbacks
[19:20] How Tama learned about cryptocurrency
[26:01] Is decentralized decision making really a good idea or will it just bog everything down?
[30:14] Cryptocurrency isn't really a great investment at the moment (perhaps it will become one), so what do we do with it today?
[32:34] Bitcoin mania has people declaring it a storer of value, but it takes at LEAST a generation to be able to make such a claim
[34:54] Will the government let cryptocurrencies go on (and can they even squash it if they try)?
[38:03] Tama believes 2018 will bring a wave of regulations on to cryptocurrencies
[40:52] How Tama would destroy Bitcoin if he really wanted to
[43:46] One cryptocurrency you SHOULD NOT BUY
"The government doesn't like competition in anything, especially currency"
"ICOs are, by far and away, Etherum's biggest proof of concept use case at the moment"
Fri, 15 December 2017
Jason Hartman talks with Ed Mermelstein, founding partner of Rheem Bell & Mermelstein LLP, about what the GOP tax plan will likely do to foreign investment in US real estate. Ed describes how foreign investors are CURRENTLY investing in the US, and whether this plan will make the money flow in to the country or go running away to other countries. This impact will have especially large effects on big name markets like New York, San Francisco, and Los Angeles.
[1:26] Will the proposed tax plan make the US real estate market more or less attractive to foreign investors?
[3:41] The typical business designation that foreign investors use
[6:15] Why some changes in deductions will effect investment in big cities like NY, LA, SF
[9:21] Which countries some of the major US markets get most of their foreign investment dollars from, and how the investors are using their properties
[13:24] Are any foreign governments buying US real estate?
[16:26] The US is in a sweet spot where European and Asian investors will invest, but it doesn't go overboard because of logistics like time differences and distance
Foreign investment tends to sometimes make the news in a negative manner, but we should also consider the benefits of foreign investment in the United States
Fri, 8 December 2017
There seems to be a new cryptocurrency popping up every week, with markets being discovered, and new algorithms occurring all the time. There's a new player in town, however, and it's serving a market that so far has been avoided, and that's Christianity.
Jason Hartman talks with Luke Forstmann, co-founder of Christ Coin, about what his cryptocurrency is based on, how you get it, how their currency actually gives back to communities, and the plethora of ICOs (Initial Coin Offerings) that are popping up.
[1:08] How the cryptocurrency craze now is similar to the internet craze in the late-90s, early 2000s
[3:42] What is an ICO (Initial Coin Offering), and when does it happen?
[8:52] What happened during Christ Coin's ICO?
[9:43] How do you set the initial price on something like Christ Coin?
[11:54] What is the LifeChange platform Christ Coin is utilizing?
[15:41] How do you get/earn Christ Coins?
[19:17] What it means when you buy Christ Coins, and how you can track its impact
Wed, 6 December 2017
2018's Meet the Masters event was already packed with great speakers like Jason Hartman, Garrett Sutton, Brian Smith, Danielle DiMartino-Booth, John Burns, and more. Today, Jason Hartman is proud to announce that former Congressman (and America's foremost advocate for liberyt) Ron Paul will be joining the fold to headline the event.
Ron Paul was most recently a Republican candidate for President in 2008 and 2012, and served in the US House of Representatives for Texas for more than 25 years in all. He is a critic of policies like the USA Patriot Act and has criticized the federal governments fiscal policies a multitude of times. He's also outspoken against Federal Reserve, and the US tax code.
Fri, 1 December 2017
Jason welcomes client, Clay Slocum to the show. Clay is a millennial who currently has four properties in his real estate portfolio. Before buying his first property, Clay worked diligently with Oscar, his Investment Counselor, and a Local Market Specialist to play around with the numbers and he discovered his initial investment could grow exponentially. Clay shares his insights on the power of compounding interest, asset protection, and the Memphis market.
[2:15] Compound interest can be a powerful tool against inflation.
[7:57] Engineers take an analytical approach to investing.
[10:07] After 18 years, $100,000 grow to 14 million.
[17:28] Jason explains a Deferred Sales Trust.
[21:24] If you are on the fence about investing talk with an investment counselor.
[32:18] Asset Protection is a complicated subject you should speak with a lawyer about.
[41:43] Resources for tax help.
"When it comes to asset protection most people think about the internal threat, not the external threat which can be costlier."
Fri, 24 November 2017
Jason Hartman talks with Bob Sutton, author of The A**hole Survival Guide: How to Deal with People Who Treat You Like Dirt, about how to deal with people who are a consistent bear and you can't avoid completely.
Sutton studies organizational change, leadership, innovation, and workplace dynamics. He has published over 150 articles and chapters in peer-reviewed journals, management outlets such as Harvard Business Review and the McKinsey Quarterly, and news outlets including The New York Times, Financial Times, and Wall Street Journal. His books include Weird Ideas That Work, The Knowing-Doing Gap (with Jeffrey Pfeffer), and Hard Facts, Dangerous Half-Truths, and Total Nonsense (with Jeffrey Pfeffer).
[1:33] The reaction Robert got from his first book on "jerks"
[5:20] Some people seem to enjoy being mean down to their core, what does Robert make of the idea that women are attracted to bad boys like that?
[8:51] The "rhythym method" of dealing with jerks
[12:20] How you can pick the right time to fight back against jerks
[16:27] We're all slow to notice our own weaknesses
Fri, 17 November 2017
AMA 199 - A Libertarian Candidate's Call for the Dissolution of the Federal Government in 2020 with Adam Kokesh
Adam Kokesh is an American libertarian who plans to run on the ticket for the 2020 election. His platform calls for a "new American revolution" and has announced plans to run with an eye on the "orderly dissolution of the federal government." His 2014 book FREEDOM! outlines his beliefs and philosophy.
Jason Hartman and Adam discuss his libertarian beliefs, and what exactly a dissolution of the federal government would look like, and if it's even feasible.
[0:53] Who really needs government
[4:10] The great lie behind government
[7:52] How to go about cutting the size of government while maintaining order
[12:10] How you can minimize violence and theft by eliminating government and police
[16:46] Adam's proposed dissolution of the federal government
[17:40] The only executive order Adam would sign as President
Sun, 12 November 2017
AMA 198 - How the Fed and the Federal Government Aren't Letting the Market Do What It Needs to Do with David Collum
If you want an early peak into a respected year end review, then you need to listen to what Professor David Collum has to tell Jason Hartman. The two discuss the dangerous situation that's being created by entities like the Fed and our own government that will lead to disasterous implications. The problem is, nobody knows when the can will be allowed to stop. We've been able to stave it off for years now, but the bill will come due at some point.
The two also look into the idea of "free speech" on college campuses and how to solve the intolerance shown by the left in that regard, as well as why Warren Buffett continues to lie about the equity market.
[2:36] The merits of price gouging, and why price gouging laws are destructive
[5:40] The issue of free speech on college campuses, and whether it actually exists today
[10:11] If you want to solve the issue with students shouting down speakers, the administrators need to grow a backbone and punish the violators
[13:29] The metrics that show if equities are overpriced are fraudulent
"We shouldn't progress to the mean, we should regress to it, and that gets you to 60-70% regression."
[15:40] David is looking at a 50-70% reduction in the equities market
[18:50] What would happen to the economy if the Fed actually raised rates to something like 4%, and why it's a completely different world than when Voelker gave the economy its "hard medicine"
"Overvaluation is appreciation pulled forward, and undervaluation is deferred appreciation"
[22:40] Warren Buffett is a massive insider who likes to lie about the state of the market
Fri, 3 November 2017
Investment Counselor and Local Market Specialist Liaison, Carrie joins Jason Hartman to see if he can correctly predict the effect the rise in interest rates will have on the US economy. Jason reminds us the Feds don’t directly impact mortgage rates but by directly impacting short-term rates all rates will be affected. For those of you who have income properties, the higher interest rates will put upward pressure on rents.
[3:41] What does the spike in interest rates mean for investors?
[9:55] Higher interest rates will put upward pressure on rents and lessen the concentration of wealth.
[14:05] Local Market Specialists and Investment Counselors are always working in the client’s best interest.
[23:29] It’s important to get pre-approved for financing in today’s seller’s market.
[24:58] Jason hints about the location for the next Venture Alliance Mastermind.
***The Property Tour Referenced in This Episode Has Passed***
"The Fed has weapons it can use to fix the economy and interest rates are one of those weapons."
Fri, 27 October 2017
Tyler Sheff, host of the Cash Flow Guys podcast, invited Jason Hartman on his show to discuss the different market types in the USA, and got some tips on remote managing as well. Jason explains that the stigma behind buying homes sight unseen, as well as self managing properties a thousand miles away, has abated some due to the wonders of technology.
[1:56] What Jason learned when he owned properties in 11 states
[6:52] Whether Tampa is a linear, hybrid, or cyclical market
[11:18] Our brains relation to the number 3 and how it relates to Jason's diversification strategy
[15:57] Jason's experience of beginning to self manage his remote properties
[18:30] When tenants are connected directly rather than through a property manager they tend to take care of more things themselves
[23:32] The need for standardized data when evaluating properties
Fri, 20 October 2017
Jason Hartman welcomes Economist Mike Norman to the show to discuss Modern Monetary Theory or MMT. Mike shares examples of common misconceptions people have of the US monetary system and economy, such as the US debt clock, that inflation equals growth, and how the tax system works. He believes that the US has an unlimited supply of capital and balancing the budget or functioning as a fixed monetary system would accomplish the opposite of what is needed to create growth.
[0:55] Modern Monetary Theory (MMT) explains the value of money.
[3:54] A tax system is required to create demand for money.
[8:46] A fixed monetary system creates cycles of economic depressions and recessions.
[11:08] The US national debt is a summation of what is owned by the US and its constituents.
[18:39] A dollar must be created and pumped into the economy before it can be used to pay a tax debt.
[21:01] The US has an unlimited amount of new capital.
[26:28] There is a difference between inflation and growth.
Fri, 13 October 2017
Jason welcomes Patrick Donohoe of The Wealth Standard Podcast to discuss the dirty details of pensions, insurance policies and Ponzi schemes. Jason describes the difficulties and common mistakes average retail investors make when investing in financial services. And, Pat gives a comprehensive overview of how to make the most of your existing policies in order to invest your money in the most historically-proven asset class, income property.
[1:15] Is the US a giant Ponzi scheme?
[4:21] Understanding the difference between pension benefit plans and contribution plans is essential.
[14:05] The financial service industry preys on retail investors.
[19:39] Harry Markopolos is waiting to capitalize on a market correction.
[25:59] Analyzing the patterns and mistakes of the middle-class investor.
[34:17] The Wealth Standard Podcast focuses on helping individuals understand the comprehensive nature of the economy.
[36:39] Pat explains how policyholders can reduce their risk and get investment money for cash-flow properties.
Fri, 6 October 2017
Jason Hartman and Richard Duncan continue discussing what Richard thinks will happen if the government stops supporting the global bubble, how the government can get back in the black on the spreadsheets, and why today is unique in terms of economic history.
Richard Duncan is Chief Economist at Black Horse Asset Management, the author of The New Depression: The Breakdown of the Paper Money Economy and The Dollar Crisis: Causes, Consequences, Cures. His Macro Watch video series can help individuals to clearly understand how the financial system really works. Mr. Duncan previously held the position of economist for the World Bank and the International Monetary Fund.
[1:00] The rules completely changed when we ditched the gold standard and went to a paper money economy
[10:35] The winners in our new, global economy
[13:16] How governmental policy is driving the global bubble
[16:15] Never in human history have we seen what happens when the economy becomes global and money is printed in this abundance
[21:33] How we can pull our nation out of debt
Fri, 29 September 2017
Jason Hartman welcomes Richard Duncan for the first of a two-part conversation about what is driving the economy, and which mistakes could catapult the US into a recession.
Richard Duncan is Chief Economist at Black Horse Asset Management, the author of The New Depression: The Breakdown of the Paper Money Economy and The Dollar Crisis: Causes, Consequences, Cures. His Macro Watch video series can help individuals to clearly understand how the financial system really works. Mr. Duncan previously held the position of economist for the World Bank and the International Monetary Fund.
[1:01] Richard Duncan has a unique, insider’s view of world economics and FIAT money.
[6:06] In the US, when credit grows less than 2% the US goes into recession.
[11:17] Creditism is the new Capitalism.
[13:37] Looking back at the policies which saved the world economy in 2008.
[19:35] It’s a very sensitive moment in the economy as the Fed is considering reversing quantitative easing.
[23:27] Globalization has changed the way the economic game is played.
Fri, 22 September 2017
Jason talks with the co-founder of Reaganomics, Paul Craig Roberts. Together, they discuss some of the international threats that could face America, thanks to the recent actions from Washington. Specifically, they deal with issues of demography, currency and military developments in Russia and China and consider the potential impact of each of these on the United States.
[1:55] The ruble should be strong in comparison to the dollar, and yet the ruble is risking collapse.
[5:49] The reserve currency status no longer seems as stable when we look at potential drops in use of the dollar.
[13:04] Paul Craig Roberts describes the US’s current position with regards to Russia and China.
[23:03] We’ve got a whole generation of people who now can’t afford to live on their own terms.
[25:56] The discussion moves to inflation and how it could transform the US economy.
[35:03] With so many problems, is there a solution?
Originally recorded in 2014
Fri, 15 September 2017
Ever wonder why some people are liberals and others are conservative? Is there something different in their brain chemistry or is it just the way they were raised?
Dr. Rossiter is board certified in both general and forensic psychiatry. For more than forty years he has diagnosed and treated mental disorders, with a special interest in personality pathology and its developmental origins. He's also author of the book The Liberal Mind: The Psychological Causes of Political Madness, and talks about the belief that government can solve our problems and politicians have our best interests at heart.
[2:18] The differences in mindset between liberals and conservatives
[5:38] Big government countries oppress religion because government needs to be the highest power
[9:56] Communist and socialist regimes have killed nearly 200 million people in the past century
[13:36] The people who describe themselves as caring are callous when they get power
[18:40] Politicians don't seem to have a grasp on obvious economic truths
[21:15] Adolescents need something to commit to and idealize things and people
[25:07] Big government is a great deal for the ruling class
Fri, 8 September 2017
Mark Meckler co-founded the Tea Party Patriots, and is also an author. On the show, Mark talks about his organization, self-governance, and why people hate the Tea Party movement so much.
2:30 – The Tea Party founded was in 2009.
4:45 – Why is the Tea Party hated so much?
16:45 – What is an amendment convention? Mark explains.
21:50 – Congress passes board enabling acts and the regulators actually do the legislating. Mark and others are working towards stopping this.
25:40 – Elections are not enough, but with that said, we still need to vote.
28:05 – Would Texas become the Hong Kong of the United States?
31:00 – Remember, the larger the government, the smaller the citizen.
(Originally recorded in Nov 2014)
Fri, 1 September 2017
In the early 1980s, Seth Merrin was an intern on Wall Street who saw ways the industry could change for the better. His first startup was an order management software that asset managers around the world use. He later created the company Liquidnet Holdings that allows institutional investors to trade large blocks of stock.
Jason Hartman caught up with Seth to talk about his newest book, The Power of Positive Destruction, and how business owners can take ideas from other industries and disrupt theirs.
[0:46] The premise for the Power of Positive Destruction
[2:53] Taking things from one successful industry, and applying them to your different industry, can provide huge boons
[5:35] The positive destruction created by companies like Uber, Lyft, AirBnB, etc
[8:59] The art and science of launching a company
[12:24] How Seth applied the principles from his book on his own companies
[16:05] Whether Wall Street is swinging back toward being an institutional game, and how Seth's platform plays in that
[21:03] The idea of corporate responsibility, and how the proceeds from the book sales are going to help house the orphans of the genocide in Rwanda
"You either have a culture by design, or you have a culture by default. And you don't want to have a culture by default."
Fri, 25 August 2017
Jason and guest, Bob Filner, debate the Trump Administration, how the remiss government regulators are towards financial institutions, and the need for a complete reinvention of the Democratic party. As the former House Committee Chairman on Veteran’s Affairs, Bob Filner tackled Jamie Dimon and JPMorgan by threatening to press charges for their unethical treatment of military personnel by foreclosing on their mortgage loans. Mr. Filner was also the Mayor of San Diego and this interview comes on the heels of the release of his new book, Trumping Trump: Making Democrats Progressive Again.
[:58] Bob Filner shares the purpose behind his book, Trumping Trump.
[3:26] Will the Tobin tax discourage trading and betting on non-asset based investments?
[5:20] Bob would like to rebrand the democratic party as the party of the working people.
[7:18] Bob threatened Jamie Dimon and JPMorgan for foreclosing on military personnel’s home while they were serving in active duty.
[13:20] It is pathetic how easily you can buy justice.
[14:12] Does the financial system need less or more regulation?
[24:21] The problem with the Trump administration as Bob Filner sees it.
[29:27] Trump’s policies could have a devastating affect on the US economy.
[31:23] What benefits the American worker more jobs and higher pay or low cost imported goods?
Fri, 18 August 2017
In 2016 Jason was joined by Harry Dent, from Dent Research, to discuss the tax benefits you can get from moving to a US territory like Puerto Rico, some cyclical markets that are out of control, demographic problems around the world, inflation, and foreign investors in US real estate.
[1:05] Harry's new home in Puerto Rico, and the tax benefits he can receive
[5:03] Vancouver real estate is out of control
[10:16] Japan's biggest problem is a demographic problem
[14:06] Previously Harry had predicted a drop in gold which hasn't happened, does he still believe it's going to go down or was he wrong?
[18:46] In a deflationary environment the only chance you have to make money is in yield, which can be found in linear markets with cash flowing properties
[24:07] Most foreign real estate investors are legally laundering their money out of their country
Fri, 11 August 2017
Jason Hartman talks to Yahoo Finance’s Jeff Macke about the impact of changing technologies, the perception of Doomsday skepticism and what underemployment means for those seeking jobs and those hiring. Macke also ways in on the inflation/deflation debate and discusses some of the points raised in his book Clash of the Financial Pundits.
[1:39] Discrepancies between what we're told by the press and economic realities
[5:00] New technology and human resources can combine to end extreme inefficiency.
[8:10] Underemployment is a tricky issue when we have so many graduates with massive student debt who still can’t get a job.
[12:36] How many jobs will this new technology end up replacing?
[16:44] Investing with a belief in a Doomsday end is not a good idea
[18:04] Are we headed toward inflation or deflation?
[22:03] – There are two real ways of making money as a pundit: make other people money or just scare them.
[23:20] The gold-bugs focus so much on the math, but it’s just not all about math. We now have so many other factors that come into play, and we can’t forget about them.
Update: Jeff Macke is no longer with Yahoo! Finance
Fri, 4 August 2017
At some time or other, every asset class has been in a bubble. Whether it's the dot-com bubble of the 90s or the housing bubble in the 2000s, booms and busts are commonplace at this point. When they happen you have to make sure you're diversified and prepared for the downturn.
But what happens if it's not just one asset class? What if the bubble is...everything?
Mish Shedlock, economist and investment advisor at SitkaPacific Capital Management, talks with Jason about just this phenomenon, and provides some thoughts on ways you can protect yourself in the middle of this everything bubble.
[2:57] Mish's Rule of Progress
[10:13] The Shiller P/E Ratio Chart and what it says about the market today
[11:58] The Buffett Indicator
[15:53] The Mish Shedlock investing thoughts for right now
[19:31] How asset inflation is leaving investors behind
[23:57] Some real estate price examples on the East coast that show the dangerous bubble we're probably in, and how policies are set up to aid the rich in their wealth creation
Fri, 28 July 2017
New lending rules means new investment strategies for real estate investors. That's why it's important to keep up with what Fannie Mae is doing with loans. Jason calls in one of his lenders to find out what's changed recently and how that will effect what you're buying, and how you're buying properties.
[1:45] Your first 10 properties can be purchased with only 20% down
[3:58] Rising interest rates mean you should lock in your rate sooner rather than later
[8:52] 85-90 days in the maximum time to lock in a rate.
[10:23] What loan level price adjustments to rate means
[12:37] The Trump administration may replace the head of the Consumer Financial Protection Bureau.
[17:30] The ease or difficulty of qualifying for a loan.
Fri, 21 July 2017
Single-family homes sales rose in January. This has made income property inventory low. Jason shares a live recording from a previous seminar in which he thoroughly explains why investing in a single family home as income property is the only logical investment during an inflationary period. And, if the signs are correct the U.S is entering an inflationary period under the Trump administration.
[0:44] Inflation induced debt destruction by way of a mortgage.
[2:51] Jason explains how the government manipulates inflation numbers through hedonic adjustment.
[10:19] The ultimate investing equation.
[17:38] Anything that does not produce income is not an investment.
[19:29] Cash and bonds are destroyed by inflation.
[21:31] The IRS does not account for inflation.
[24:45] During deflationary periods people default on their loans.
[27:08] If you have a corporate job you are paying more taxes than the self-employed.
Sat, 15 July 2017
Bubbles abound in the world of investing, and today is no different. Jason welcomes Harry Dent, author of The Sale of a Lifetime, about what's going on today in the stock market, real estate market, political world, and worldwide economic statuses. Harry points out what nation in Europe that reminds him of Japan before their massive downturn, and gives Jason a rundown of what to look for BEFORE you see a bubble burst.
The two look at what you might actually want to be investing in when the bubble bursts.
[4:42] The massive bubble that is Chinese real estate
[12:46] Why Harry studies 80-250 year cycles when the world is rapidly changing today
[15:31] Examining the Trump rally
[24:02] Why Jason hates the Case Shiller Index
[28:14] The phases of a housing crash
Fri, 7 July 2017
AMA 180 - Why Knowing Things Still Matters When Facts Are So Easy to Look Up with William Poundstone
For this 10th Episode, Jason goes off topic and welcomes William Poundstone, author of the new book, Head in the Cloud: Why Knowing Things Still Matters When Facts are So Easy to Look Up. Mr. Poundstone is also the author of the New York Times best-selling books, Fortune’s Formula: The Untold Story of Scientific Betting System that Beat the Casinos and Wall Street, Priceless: The Myth of Fair Value and How to Take Advantage of It and Gaming the Vote: Why Elections Aren’t Fair and What We Can Do About it.
[1:12] William explains the premise of his latest book, Head in the Cloud.
[5:03] Having a general knowledge of baseline facts and the Dunning-Kruger effect have humbling assets.
[7:28] The larger a person’s vocabulary is akin to their ability to think.
[11:12] How does America stack up on the map of ignorance?
[13:43] Americans will vote for judges with less ethnic sounding names if they don’t know the candidates.
[19:51] The Kelly Formula informs a user of the optimal amount you should be putting on each bet or investment.
Fri, 30 June 2017
Frances Donald, Senior Economist at Manulife Asset Management and Chief Economist at John Hancock Financial Services, explains to Jason the changes in consumer, investor, and executive sentiment numbers in the home and job market. While we don't know exactly why the economic is experiencing such a resurgence, Frances does attribute at least some of it to the potential policy changes Trump is looking to bring.
Frances and Jason also discuss pent up real estate demand, and how student loan debt is impacting that.
[0:57] Investor sentiment gives a positive outlook for the US economy
[3:39] Is Trump the cause of the economic forecast?
[4:56] Rising interest rates present a challenge for the housing market
[7:57] Trump is inspiring confidence in companies all across the country
[9:38] Real estate investment is a small part of the total economy
[14:30] There are two true drivers of rental housing
[16:47] The housing and rental markets are not currently in their natural order
[20:26] The importance of demographics in relation to wage growth
There are fewer multipliers to growth from a rental market than there are from a housing market.
Fri, 23 June 2017
Jason Hartman talks with James Dale Davidson, co-founder of Agora Publishing, Founder of the National Taxpayer’s Union, co-editor of Strategic Investment for the Sovereign Society, and founder of Newsmax. James has just written his newest book, The Breaking Point: Profit from the Coming Money Cataclysm. James believes that, in his lifetime, we are likely to see a massive marketplace disaster compliments of Obamacare, Chinese ghost towns, printing money, and other bad economic decisions.
[1:20] The Western Civilization has a new business model and social contract
[5:57] Some of Trump's support came because middle class white voters are experiencing a decline in their life expectancy
[9:13] What does the US economy look like under a Trump presidency?
[10:27] James' latest book, The Breaking Point, examines the relationship between drug companies and the food industry.
[14:19] Some business savvy for our politicians would help them out a lot
[18:00] Bernie Sanders and Karl Marx share some similarities
[20:02] Fake capital lets people borrow money practically for free
[27:26] We can't keep passing the buck down generation after generation
[31:22] Chinese ghost towns used more cement in a dozen years than our entire country did in the 20th century
[37:27] Chile has provided most of the copper used by the Chinese
[40:48] We are staring into the face of the biggest economic crisis in history
Fri, 16 June 2017
The housing market is always on a pendulum, but where are we now? Self driving cars are going to be changing the dynamics of our society, but are they going to push more people into the city or have more people moving to the suburbs? Jason Hartman and Matt Slepin, President of Terra Search Partners, discuss what is going on in real estate today, and how our changing environment is impacting real estate in the future.
[2:36] Where Matt thinks we are in the business cycle, and whether we've overbuilt apartments
[6:49] The issues going on in the retail and office investment markets, and why apartment investing makes more sense these days
[11:13] The rise of the autonomous vehicles and how they will change the real estate demand equation
[15:29] What does Urban Land Institute do and what issues are being discussed?
[19:22] What Matt has learned in his real estate podcast
[22:51] Two conflicting trends in property management
Fri, 9 June 2017
AMA 176 - Too Big to Save: How to Fix the U.S. Financial System, with MIT's Sloan School of Management's Bob Pozen
The Trump administration will bring changes to the real estate market. Legislation and regulation changes could help small and medium size banks while also increasing the amount of lending done by the biggest banks. Jason Hartman talks with Bob Pozen, Senior Lecturer at MIT's Sloan School of Management and former Associate General Counsel for the SEC, about these things, and what is realistic to expect under President Trump. Bob is author of Extreme Productivity and Too Big to Save.
[2:11] Legislation that may be changed through banking system while Dodd-Frank is left as is.
[5:50] Small and medium sized banks need regulation relief
[7:33] Fannie Mae and Freddie Mac are having problems because they were never made public or private
[11:13] FHA and VA insure all mortgages made by banks
[11:55] Real estate prices will rise as money flows into the market
[14:46] Rising rates will bring a temporary increase in home purchases, but will level off soon thereafter
[15:28] Pozen was chosen by President Bush to join a bipartisan commission to strengthen Social Security.
[17:00] Security and Exchange Commission has constraints regarding employees working for corporations after their service.
[19:22] Getting to the gist of Bob Pozen’s book Too Big to Fix.
[21:59] Peer-to-Peer lending is pretty much unregulated.
[23:38] As the economy strengthens banks should lend more.
Fri, 2 June 2017
Doug Casey is a (successful) speculator, a libertarian philosopher, and a best-selling author. He has a reputation for his sometimes controversial insights into politics, economics, and investments. His speculation is often called "rational speculation", and he's one of the authorities on the matter, and is highly regarded in the high-potential natural resource sector.
Doug's new book, Speculator, is a venture into fiction, a departure for him. Jason Hartman and Doug discuss the new book, how to be an international man today, and real estate all over the world.
[1:45] A quick rundown of Doug's new book Speculator
[4:40] Speculator is the first in a series, and has some main topics that Doug explores.
[8:35] Doug's book International Man made him semi-famous and is the most sold book in Rhodesian history
[12:30] The world's move toward the singularity
[15:50] The scam that is college education and tuition
[20:20] Diversifying yourself internationally
[24:20] Is the world flat now?
[29:00] We're at the beginning of the next crash while riding the tail of the previous crash
Fri, 26 May 2017
It might look like a children's book, but Goodnight Obama is more than just that. It's an important reminder that parody is critical in this day and age.
Dr Jerome Corsi is author of Goodnight Obama, and is also head of the Washington, DC News Bureau for Alex Jones and Infowars.com. The two discuss his newest book, as well as what Jerome is expecting out of President Trump, and where we are in the business cycle.
[1:10] The idea behind Jerome's Goodnight Obama book
[6:41] Whether people who didn't vote for Trump are going to be pleasantly surprised when they realize what he's doing in office
[17:30] What Trump means when he talks about "infrastructure spending" isn't what most liberals think
[21:46] According to the idea of business cycles we're due for a recession. Is it going to hit Trump, will he avoid it, or is the idea of a business cycle outdated?
[24:23] The USA return to a carbon based economy
Fri, 19 May 2017
Tevi Troy, President of American Health Policy Institute and former Deputy Secretary of the US Department of Health and Human Services, joins Jason Hartman to discuss his newest book Shall We Wake the President?: Two Centuries of Disaster Management from the Oval Office.
The two take a look into the history of American presidents handling of disasters, as well as trying to look at our current president, Donald Trump, to see if there are any signs as to how he might handle a disaster. Jason also probes the former Deputy Secretary about how the Republicans might actually be able to craft a replacement for Obamacare that the Democrats might actually support, and that would actually improve our system.
[1:07] The best and worst presidents at handling disasters
[4:43] How Tevi thinks Donald Trump will handle disasters
[7:20] The newness of Trump's cabinet to politics could create a problem if there's an early disaster during his presidency
[10:29] How pop culture impacts presidents
[13:05] Tevi outlines a path that he believes Republicans should take to get a new healthcare bill passed
[16:10] How Trump's participation in pop culture might play a role in his presidency
Fri, 12 May 2017
Just before the election, Jason Hartman talked with Bill Ayers, a retired Professor of Education, contributor to academic journals, and an original member of the Weather Underground. Bill has written several books, including his newest, Demand the Impossible! A Radical Manifesto. Jason and Bill discuss eight major points from his book, and look into what the US can do to right itself.
[1:28] Demand the Impossible calls for Americans to release their imaginations and consider the impossible.
[3:51] The eight issues addressed in Bill Ayers’ Demand the Impossible! A Radical Manifesto.
[5:06] Privatized prisons are destroying America. The US has 20% of the prisoners in the entire world.
[6:50] What does public safety look like for free people in a democratic society?
[9:09] You can't label Bill has a tax and spend liberal
[12:28] The US needs a massive education reform
[21:14] Democratic and the Republican parties agree on war and Wall Street, but little else.
Fri, 5 May 2017
The market is moving and it seems to be moving in the right direction for real estate investors. The historical average for appreciation for single family homes is ~6% nationwide. If you are already an income property investor, the good news is rents may be pushing upward. Jason’s guest today is the author of the new book, Global Shocks: An Investment Guide for Turbulent Markets. Nick Sargen is Senior VP and Chief Economist at Fort Washington Investment Advisors. He is a former economist at Morgan Guaranty trust, Salomon Brothers, Prudential Insurance and JP Morgan. He shares his insights about how the markets will react to a Trump presidency.
[1:05] President-elect Trump may lead the US with a pro-business stance.
[4:33] Trump is a spender which could lead to higher interest rates.
[5:45] Nick Sargen worries about Trump’s trade issue.
[9:41] Budget deficits do not mean inflation.
[12:08] Trump will be a pro-growth, real estate president.
[15:00] The market is moving with the belief that all of Trump’s policies will promote growth.
[17:50] Diving into the Global Shocks: An Investment Guide to Turbulent Markets book.
[20:24] How to capitalize on a bubble.
[24:08] Financial institutions have led the way during the current stock market rally.
Fri, 28 April 2017
Jason Hartman talks with Kare Anderson about the nuances of human communication. Kare is an Emmy award winning journalist, reporting for such outlets as NBC, Wall Street Journal, Forbes, and the Huffington Post.
Kare's TED Talk on becoming an opportunity makers has over a million views, she's a co-founder of 9 PACs, and author of such books as Mutuality Matters and Moving From Me to We. She's considered an expert on connective behavior.
[2:32] What does connective behavior mean?
[4:49] Simple ways for people to connect include getting specific sooner, showing warmth before competence, sitting sidle and walking.
[7:33] Create a bigger pie when someone is attacking you.
[8:49] Don't let other people determine your behavior, plan your own course first
[9:27] A connective leader has the most clout.
[12:05] Look for something you like about someone and keep it in mind every time you see that person.
[16:28] How do journalists like Kare Anderson get people to open up and provide a fuller, richer story during an interview?
[19:50] How did the Bruce/Caitlyn Jenner and Diane Sawyer handle their roles during the interview?
[25:44] To have a meaningful and accomplished life means being grounded and truly listening to other people.
“Getting specific sooner means giving the important details first.”
Fri, 21 April 2017
AMA 169 - The American Boomberang: How the World's Greatest Turnaround Nation Will Do It Again with Nick Adams
Jason Hartman talks with Nick Adams, founder and Executive Director of FLAG, the Foundation for Liberty and American Greatness. The two take some time to discuss Nick's bestselling book, The American Boomerang: How the World’s Greatest Turnaround Nation Will Do It Again. They also delve into their expectations for Trump's presidency, and Nick explains why he's of the belief that Trump very well might be a great American president for the next 8 years.
[1:51] The American Boomerang details what Nick thinks an American Renaissance needs to actually take place
[3:41] Nick is a proud Trump supporter, and started reading Trump's work when he was 11 and read The Art of the Deal
[7:40] The Tall Poppy Syndrome does not apply in the US.
[12:12] American is considered exceptional in the world culturally, militarily, economicly, and scientifically
[15:31] Consumer confidence needs to improve to ramp up the economy
[16:30] 5 key elements America needs to get an economic boomerang
[20:18] What should we expect in President Trump's 4 years?
Fri, 14 April 2017
AMA 168 - Following Federal Reserve Policy to Improve Your Financial Returns with American College's Dr. Robert Johnson
Jason Hartman talks with Dr. Robert Johnson, President and CEO of the not for profit American College. Dr Johnson has written Invest with the Fed: Maximizing Your Portfolio Performance by Following Federal Reserve Policy, Strategic Value Investing, and the study What to Expect When You’re Electing. The two men investigate market strategies, how one party controlling Congress and the Presidency does to the economy, and how asset classes react to interest rate changes.
[3:08] The reforms the Republican party could bring while controlling two branches of the government
[6:34] Invest with the Fed analyzed how asset and equity classes perform during different interest rate environments.
[9:22] Stock market growth is higher when democratic presidents are serving or when there is political harmony.
[12:00] Long-term perspectives show the economy and the stock market move forward together.
[14:40] The best strategy is a long-term market strategy.
[16:19] Equity real estate investment trusts perform very well during rising rate environments.
[18:14] Will the cost of small business financing go up under a Trump administration?
[21:00] Is this time going to be different?
Fri, 7 April 2017
Jason Hartman talks with James Adams, former Waffle House employee and analyst. His new book, Waffle Street: The Confessions & Rehabilitation of a Financier, tells of his time working on Wall Street during the housing market crash. After exiting the modern version of organized crime that is Wall Street, James got a job at Waffle House. His time there led him to write his book (now movie starring Danny Glover).
James explains the central banking system, the ramifications of printing money, and which major nation the next crisis might wipe out.
[1:25] James' original title for the book
[5:02] While some areas of the book are dramatized, the crisis was on a bigger scale than anyone could imagine.
[6:25] Haphazard underwriting and an improbable US housing decline made many US financial institutions to reassure clients until the crash happened
[9:23] The ripple effects of leverage because of how out of whack rent to home price ratios were
[12:05] James fears the treasury balance sheets of G8 countries could be the cause for another meltdown.
[14:23] Central banks are creating electronic liabilities.
[16:10] What needs to be done to the banks before we can even begin to solve our underlying problems
[21:59] Printing money works until it doesn't
[22:38] Japan has many factors that are working against their long term success
[23:58] Are options on Japanese debt a good idea?
[26:05] The Waffle Street film is trending well on Netflix and is experiencing good distribution.
[27:10] James has another movie and works as a Senior Research Analyst
Fri, 31 March 2017
Jason Hartman and Ed Conard, founding partner of Bain Capital, discuss the current economic situation facing America. Conard is the author of Unintended Consequences: Why Everything You’ve Been Told About the Economy is Wrong, and The Upside of Inequality: How Good Intentions Undermine the Middle Class. The conversation includes discussion on CEO pay, the tech industry, and the impact of current regulations on competition in the marketplace.
[1:28] Ed the tremendous growth Bain Capital was able to achieve while he was there with Mitt Romney
[3:30] Bain Capital offered clients the ability to invest in capital management and management supervision deals
[5:07] Bain Capital also used a higher risk strategy, which allowed them to capitalize on investments in undervalued assets.
[7:21] The Upside of Inequality explores the American workers productivity
[12:18] The US economy is accelerating and the Fortune 400 continues to have turnover, which are both good signs for our country
[14:47] CEO pay may grab headlines, but it may not be quite so outlandish
[19:36] Tech companies pay less taxes and have fewer regulations
[21:22] Profitability in the tech sector continues to grow
[22:23] There's a profitability squeeze in most of the economy
[24:45] Trained talent and risk tolerance are the limiting factors to growth in this new economy.
Fri, 24 March 2017
Jason Hartman and one of his clients, Gary Pinkerton discuss an article from Vox.com called "27 Charts That Will Change How You Think About the American Economy". The reporter of the story notes that productivity, demographics, and inflation have all changed in the US economy in the past few years. The two looking into what it means for real estate investing if people continue working past social security mandated ages, what kinds of work opportunities are available to people, and how Americans spend thrift ways (combined with the lack of real wage growth) have left many unable to purchase a home.
[3:40] How Gary became a fan and follower of Jason
[5:57] Timothy Lee's article on Vox.com, "The 27 Charts that will change how you think about the American economy"
[10:07] The service industry provides a key indicator in regards to the American standard of living
[13:59] Labor force numbers have been on the decline since 2000
[16:30] The main areas of the country that are showing growth are urban
[21:05] Timothy shows inflation-adjusted home prices in chart #19
[26:18] Construction costs have not kept up with housing prices
[30:42] American retirement is no longer a set definition
Fri, 17 March 2017
Jason Hartman talks with Daren Blomquist, Senior VP at ATTOM Data Solutions and the Executive Editor of ATTOM’s award-winning Housing News Report. The two look into the impact our new President, Donald Trump, could have on real estate investing, how he might change the economy, and what sort of regulations (or lack thereof) that might impact our investing future.
[1:43] A Trump presidency's impact on real estate investors and our economy
[5:55] Lack of wage growth has caused affordability issues
[8:46] Housing bubbles tend to be created by lower interest rates
[11:33] Housing prices continue escalating while home ownership has dropped to a 50 year low
[15:43] What impact would repealing Dodd-Frank have?
[19:11] ATTOM’s Housing News Report article explains the phenomenon of big banks running away from the mortgage business
[20:16] October 2016 saw a continued increase in foreclosure activity
[24:29] The promised $1 trillion infrastructure investment will help real estate investors.
[25:36] Get the Housing News Report free for a year by emailing firstname.lastname@example.org and mention "Creating Wealth"
Sat, 11 March 2017
AMA 163 - How Investment Opportunities in Real Estate Are Changing in Today's Financial Environment with Andrew Wright
Jason Hartman talks with Andrew Wright, CEO and Managing Partner at the commercial real estate firm Franklin Street. Andrew has been involved in over $1 billion in real estate and finance transactions, as well as more than $800 million in debt resolution since 2009.
Jason and Andrew discuss how commercial real estate has had to adjust to the changing social dynamics, and where you might best be investing your money today.
[1:20] What to expect from our first real estate president
[4:44] Retail centers have had to substantially change thanks to the internet
[8:16] Warehouse and delivery industries have seen a boon because of the internet bringing in things like same day shipping
[12:39] Andrew gives his opinion on how much more room we might have to grow
[16:48] Andrew dissects the current cap rate availability for commercial real estate
[18:53] The 1 investment Andrew loves today
Fri, 24 February 2017
Jason Hartman talks with Ed Martin, former President of The Eagle Forum and former Chairman of the Missouri Republican Party, about the conservative case for Donald Trump.
Jason and Ed discuss the vision they believe Trump has, the willingness to do what's right for America, how America can fix our trade issue, and the dangers of the establishment like the Clintons represent.
[1:45] Whether we need a conservative case for Trump when many of his former stances seem liberal
[4:32] Where Ed stands on free trade
[8:47] The difficulty of creating a level playing field between nations when discussing trade
[13:10] Why we need someone to come in and shake things up
[16:40] The Clintons as the status quo
Fri, 17 February 2017
James D. Kuhn is President of New York City’s Newmark Grubb Knight Frank commercial real estate advisory firm. James joined Jason Hartman to discuss the impending Trump presidency. They discussed everything from what it could mean for everything from real estate markets to the potential for inflation in the US. Without a political record to look back on, if Trump properly handles trade policies and corporate initiatives, he could spur job growth in struggling communities.
[2:03] Trump could have a serious impact on real estate
[6:12] Trump's trade policies will definitely create winners and losers
[11:19] James wholeheartedly believes the link between the lower and middle class benefiting from job growth is education.
[14:14] Online college should be accessible to all and cheap
[16:14] Real estate investors are having trouble finding value even before the election
[19:00] When will the Fed decide the US is ready to handle some inflation?
[20:42] Real estate is the last great investment opportunity
[23:09] Never forget, thou shall not gamble in real estate investing
Fri, 3 February 2017
Dan Millman has written 17 books, including his new book “The Four Purposes of Life”. He opens up about the special life calculator which uses numbers from your birth date to help illuminate your life path.
Dan is a former world champion athlete and martial arts instructor who, after a 20 year spiritual journey founded the Peaceful Warrior's Way. His work was even transformed into a feature film starring Nick Nolte, called "Peaceful Warrior".
[2:05] Dan's journey while writing The Four Purposes of Life
[4:09] What are the Four Purposes of Life?
[6:26] Expanding on Purpose #4 – Attend to the arising moment
[11:55] What impact increasing your quality of presence can have on your life
[13:35] Purpose #1 – being graceful while learning the lessons of life
[17:31] Purpose #2 – Your career and your calling aren't necessarily the same thing
[20:45] Purpose #3 – Discover life’s path
[25:25] The purpose of Dan's books
[26:05] 12 required courses in the school of life
[27:40] Dan's contact information
Fri, 27 January 2017
Jason Hartman was joined by Joel B. Pollak as they discussed his new book: See No Evil, 19 Hard Truths the Left Can't Handle. Joel is Senior Editor-at-Large and In-House Counsel at Breitbart News in Los Angeles, California, and also Editor of Breitbart California.
Before coming to work with Breitbart.com founder Andrew Breitbart, he ran for Congress as a Republican, Tea Party-backed candidate in his home state of Illinois. He was also a Research Fellow at the Hudson Institute, focusing on human rights and international law.
He holds law and bachelor's degrees from Harvard University, and a masters degree from the University of Cape Town. Joel has two other books: The Kasrils Affair: Jews and Minority Politics in Post-Apartheid South Africa (University of Cape Town Press, 2008), and Don't Tell Me Words Don't Matter: How Rhetoric Won the 2008 Presidential Election (Self-published, 2009).
He is a contributor to Canada's Sun News Network, and a frequent guest on Fox News and CNN.
[1:56] The liberal intolerance
[6:15] The monologue vs the dialogue media, and how it looks in regard to liberals and conservatives
[10:10] Why government funds any form of media
[13:35] How people refuse to talk about violence in movies, video games, and other liberal media
[18:00] The relabeling and redefining serious issues, and why words matter
[22:00] The debate about climate change, and how the left wants population control to protect resources, and why we should view people as the resource to solve the problem
Fri, 30 December 2016
AMA 158 - Breaking Ground: Chinese Investment in US Real Estate with Rosen Consulting Group's Arthur Margon
Jason Hartman talks with Arthur Margon, partner at Rosen Consulting, about Chinese investments in the United States, the state of real estate in the USA and more in this episode. Arthur recently co-authored a report with the Asia Society on the topic of Chinese Investment in U.S. Real Estate
Arthur is in charge of Rosen Consulting's New York office and has more than 20 years experience in real estate consulting and market analysis. He has developed securitization models, restructured bank loan portfolios, and served as an independent fiduciary in a major pension fund reorganization.
[1:20] What's happening with Chinese investors in USA real estate at the moment
[4:30] Whether the Chinese government wants to discourage investment abroad or not
[9:20] How bad the slowdown in China actually is
[12:50] How China's crackdown on corruption, and the change to a consumer economy has impacted both China and the rest of the world
[16:50] What the next 10 years look like for China as they try and do a number of things economically which no government has been able to pull off
[21:30] Why a war with China makes no sense for anyone, and what sort of thing would actually spark an incident
[24:10] Arthur's real estate forecast for the USA
Fri, 9 December 2016
Dr. Nima Sanandaji is the president of the ECEPR. He has written more than a hundred policy papers on subjects ranging from integration and womens career progress to the changing geography of successful enterprise and the future of jobs. He is the author of the new book Debunking Utopia, Exposing the Myth of Nordic Socialism.
[2:00] Why the left might want to rethink pointing to the Nordic countries as examples of socialism
[7:50] How much bringing the free market to Nordic countries in the late 19th century changed them, and when the shift to the welfare state began
[11:30] Comparing the Nordic people to Nordic Americans to see who has it better
[15:10] How Nordic countries achieved what they needed BEFORE they became welfare states
[20:20] Who Nima's desired audience is, and why
[23:15] Who really lost when the welfare state expanded
Fri, 2 December 2016
Jason Hartman talks with Mark Anthony Hammond, host of the Make America Great Again podcast, before the election, about the sensation that is Donald Trump and why he is so popular among the voters. Mark's podcast (since ended due to unforseen circumstances) was the only podcast dedicated to the idea of "Make America Great Again".
[2:10] The explosive growth of the #MAGA podcast
[7:20] How feminism has been such a bad deal for women
[11:55] Why globalism is a disease
[16:10] How Obama has given domestic terrorists legitimacy
[20:15] How Democrats treat minorities worse than dogs, and how they're able to fool them
[25:20] How Bernie and Trump supporters are similar
Sat, 22 October 2016
Thomas A. Schatz is president of Citizens Against Government Waste (CAGW) and its lobbying affiliate, the Council for Citizens Against Government Waste (CCAGW).
Fri, 26 August 2016
AMA 154 - Clinton Cash, The Untold Story of How and Why Foreign Governments and Businesses Helped Make Bill & Hillary Rich, The Punisher, Batman, Nightwing, Robin and The Hobbit with Chuck Dixon
Chuck Dixon is a well-known, freelance graphic novel writer who has worked on the Batman series for 11 years for DC, adapted the Hobbit to a comic and adapted the new book Clinton Cash: The Untold Story of How and Why Foreign Governments and Businesses Helped Make Bill and Hillary Rich with hopes of disseminating the information to an entirely new audience. Jason and Chuck talk politics, journalism or the lack of it and conspiracy theories.
Fri, 19 August 2016
AMA 153 - Brexit & Real Estate, Enduring Success: What We Can Learn from the History of Outstanding Corporations with Christian Stadler
Christian Stadler is a Professor of Strategic Management at the Warwick School of Business, strategy contributor to Forbes magazine and is author of the book Enduring Success: What We Can Learn from the History of Outstanding Corporations. He offers his thoughts and insights about the perception vs. reality of Brexit, immigration and Jason’s second favorite subject, the self-driving car.
Fri, 5 August 2016
AMA 152 - The Problem with Socialism with Dr. Thomas DiLorenzo, Loyola University Maryland Sellinger School of Business, Ludwig Von Mises Institute
Dr. Thomas DiLorenzo is a Professor of Economics at Loyola University Maryland Sellinger School of Business, a Senior Fellow at Mises Institute, a columnist for Lew Rockwell and author of the new book, The Problem with Socialism. He joins Jason to discuss the problems Socialism creates for the poor and shares examples of how Socialism has failed other countries around the globe.
Sat, 9 July 2016
AMA 151 - Brexit, Popes and Bankers, History of Credit & Debt, From Aristotle to AIG with Jack Cashill
Jack Cashill is an independent writer and producer and, on a contractual basis, the Executive Editor of Ingram’s Magazine.
Sat, 4 June 2016
AMA 150 - Tied Up In Knots, How Getting What We Wanted Made Women Miserable with Fox News' Andrea Tantaros
Andrea Tantaros worked as a spokesperson for Massachusetts Governor William Weld, then-Congressman Pat Toomey and former National Republican Congressional Committee Chairman Thomas Reynolds. She started Andrea Tantaros Media, which provided crisis management and media strategy consulting to Fortune 500 companies and political campaigns.
Fri, 27 May 2016
Chris Versace is the co-founder and Chief Investment Officer of Tematica Research and the editor of Tematica Investing, a subscription newsletter that utilizes a thematic approach to investing that that capitalizes on my near 20 years in the investment industry.
Sat, 21 May 2016
AMA 148 - President Nixon vs President Obama and The Man Who Killed Kennedy with Legendary Republican Political Consultant Roger Stone
Roger Stone is an alternative historian who was one the legendary American Republican political consultant who has played a key role in the election of Republican presidents from Richard Nixon to Ronald Reagan to George H.W. Bush and George W. Bush. Stone also served as an assistant to Senator Bob Dole. Stone is the author of "The Man Who Killed Kennedy - the Case Against LBJ". Stone is also the author of Nixon's Secrets, a broader look at the rise and fall and rise and fall and final comeback of Richard Milhouse Nixon.
Fri, 13 May 2016
Avik Roy is a senior fellow at the Manhattan Institute. He is also the opinion editor at Forbes, and has advised Florida Sen. Marco Rubio on policy. In 2015, Roy was a senior advisor to former Texas governor Rick Perry; in 2012, he served as a health care policy advisor to Mitt Romney. He is the founder of Roy Healthcare Research, an investment research firm, and previously was an analyst and portfolio manager at Bain Capital and J.P. Morgan. Roy is the principal author of The Apothecary (the Forbes blog on health care policy and entitlement reform), as well as author of Transcending Obamacare: A Patient-Centered Plan for Near-Universal Coverage and Permanent Fiscal Solvency (2014) and How Medicaid Fails the Poor (2013). His research interests include the Affordable Care Act, universal coverage, entitlement reform, international health systems, veterans’ health care, and FDA policy.
[1:34] Avik's "near universal" healthcare idea
[3:52] How the government could spend less money than we spend today, yet cover more people with better coverage
[6:47] How much of an impact breaking up regional medical clinic monopolies could have on healthcare costs
[8:56] Why it matters that we don't know how much our insurance is paying for medical care
[10:58] How Medicaid is failing
[13:26] Why we have to think of healthcare like any other market, and not some unique part of society
[15:14] The shocking revelation that for as much as the government spends on Medicaid, it might not actually be helping people
[17:28] The best way to understand Donald Trump
[20:20] How closing the border would lead to rising wages
Fri, 6 May 2016
Paul Vigna is a markets reporter for The Wall Street Journal, covering equities and the economy. He writes for the MoneyBeat blog and hosts a daily news show of the same name.
Paul and Michael are co-authors of the new book "The Age of Cryptocurrency".
Fri, 29 April 2016
Mary Spio is Chief Visionary & Product Architect at CEEK VR. She started her career as a Deep Space Engineer working with companies such as Boeing Digital Cinema, Intelsat and Aerospace Corp developing technologies that have changed media and communications. Through her ventures she's provided technical guidance and content solutions for over 200 radio stations, Microsoft XBOX, Tribune News Company, Coca Cola, Toyota and much more.
Every once in a while something comes along with the potential to shift the way we do things, as a Digital Cinema pioneer at Boeing, she had the rare opportunity to help create the technology that changed the entire movie distribution paradigm working with Lucas Films, 20th Century Fox and other major studios. From there she pioneered an online video distribution platform that became the defacto standard for many media companies and brands to distribute their content digitally. And now…here she is again building what she believes will be the standard for mixed reality content creation and distribution CEEK.
Mary talks with Jason about where virtual reality is now, where it's going and what it all means for the individual.
[2:28] How quickly technology in the virtual reality world is changing
[4:57] The best VR technology on the market today
[6:31] The difference between virtual and augmented reality
[9:34] Mary describes a virtual reality experience
[12:17] How CEEK has had to meld their new technology with existing file types
[15:35] The consumer readiness of VR technology and how phones might be the first things targeted
[18:05] How Mary got into the VR world
[20:56] The entry cost for VR technology
Fri, 18 March 2016
AMA 144 - DIG DEEP, 7 Truths to Finding the Strength Within with Canadian Football League & OK Sooners Orange Bowl Champ and former Congressman JC Watts
JC Watts is a former Congressman from Oklahoma, President of Feed the Children, co-chair of the Coalition for AIDS Relief in Africa, founder and Chairman of JC Watts Companies and Watts Consulting Group. He's also the author of the new book Dig Deep: 7 Truths for Finding the Strength Within.
Fri, 4 March 2016
Henry Olsen is an elections analyst and political essayist who studies conservative politics, both here and abroad. He looks at election returns and poll data to understand why people vote the way they do and how conservative politicians and thinkers can best advance their ideas in the climate they face. Olsen is a senior fellow at the Ethics and Public Policy Center. Prior to that, he was a vice president at the American Enterprise Institute, a vice president at the Manhattan Institute, and president of the Commonwealth Foundation. He has also been a lawyer at the firm currently known as Dechert, a clerk for the Honorable Judge Danny J. Boggs on the Sixth Circuit U.S. Court of Appeals, a staffer for the California Assembly Republican Caucus, and an associate at the political consulting firm of Hoffenblum-Mollrich. Olsen graduated with a B.A. in political science from Claremont McKenna College, and received his J.D. from the University of Chicago Law School. His new book is called The Four Faces of the Republican Party.
Mr. Olsen has worked in senior executive positions at many center-right think tanks. He most recently served from 2006 to 2013 as Vice President and Director, National Research Initiative, at the American Enterprise Institute. He previously worked as Vice President of Programs at the Manhattan Institute and President of the Commonwealth Foundation.
[4:22] Why more funding hasn't solved our educational systems woes
[9:05] The odd discrepancy of how technology hasn't driven down the cost of college education
[14:32] Examining the Bernie Sanders tax plan
[19:29] The Republican candidates tax plans
[23:39] Why moving to a European style society might hurt the people who are down right now but want to get back on their feet
[25:18] Trump's laughable tax plan
Sat, 27 February 2016
AMA 142 - What America Needs, The Case for Trump, with Jeffrey Lord, CNN Commentator & Former Aide to Ronald Reagan
Jeffrey Lord, a former Reagan White House political director, is a columnist and contributing editor for The American Spectator. He is a graduate of Franklin and Marshall College in Lancaster, Pennsylvania. His work has been published around the country, including The Wall Street Journal, The Los Angeles Times, The Weekly Standard, National Review Online, The Philadelphia Inquirer, The Pittsburgh Post-Gazette and The Harrisburg Patriot-News.
He is also the author of the new book "What America Needs: The Case for Trump". Jason and Jeffrey recently talked about if a Trump presidency was actually possible, and, if it was, what it might actually look like.
[1:48] How the media has portrayed Trump and the misportrayals of Trump supporters
[4:11] The dangers of political correctness
[7:46] The condescension of people toward Trump supporters and how Trump and Ronald Reagan have something in common
[9:23] The history of liberal smear tactics
[12:07] How a conservative like Jeffrey ended up a CNN contributor
[13:27] What the average Trump supporter ACTUALLY looks like
[14:54] What draws people to Trump
[15:34] Why the details don't matter
[20:35] The KKK relationship with the Democrats
[21:52] Contrasting what Trump is suggesting doing with the Muslim nationalization process to what FDR did following Pearl Harbor to Japanese, Germans and Italians
[24:25] How Trump reminds Jeffrey of a certain Eddie Murphy character
[27:07] How Trump is using his media savvy to run his campaign on the cheap
[30:51] What a Trump presidentcy might look like
[33:10] The economy that comes from having a tough guy in the Oval Office
Sat, 20 February 2016
Richard C. Wilson is CEO of The Miami Family Office, a $500M AUM single family office. Richard is also the founder of Wilson Holding Company which employs over 30 professionals and produces over $10M a year in revenue through various operating businesses which include Billionaire Family Office and The Family Club, the largest membership-based family office association (FamilyOffices.com), along with holdings in the training, single family office management (SingleFamilyOffices.com), investment conference, search, data research, physical bullion, private equity (PrivatEquity.com), food, and energy industries.
Sat, 13 February 2016
Chris Dancy is touted as “the Most Connected Man on Earth,” and the world is watching those connections carefully. For 25 years, Dancy has served in leadership within the technology and healthcare industries, specializing in the intersection of the two.
Chris entered the public dialog concerning digital health as the media started to focus on wearable technology. He earned his moniker by utilizing up to 700 sensors, devices, applications, and services to track, analyze, and optimize his life--from his calorie intake to his spiritual well-being. This quantification enables him to see the connections of otherwise invisible data, resulting in dramatic upgrades to his health, productivity, and quality of life.
A noted keynote speaker and executive workshop retreat facilitator, Chris guides organizations and audiences on a journey--a disruptive, breathtaking journey--into the future of computing, when behavior becomes the ultimate interface.
[3:27] Every major corporation is surveilling you, they just have a different name for it to make it sound better
4:27] Chris tells Jason how he went about starting to collect data on himself and how he decided what to do with it
[7:13] How Chris' background as a Database Analyst led him to be able to collect all his data on himself
[9:07] The one piece of equipment that's already doing tracking for you, whether you know it or not
[10:29] How categorizing your purchases by feeling rather than type can change the way you view your habits
[11:35] Wanting to collect data is good, but data isn't very high on the food chain of your life
[12:28] The internet is turning into the INNERnet
[14:06] What could cause the death of apps
[16:42] As technology improves, we're heading towards devices that can track anything we want, from blood oxygen to reading blood with spectral imaging
[18:29] How marketing could be changed as companies are able to get more and more data about our lives and the one place on Earth that's ALREADY doing this
[20:02] The new world of data collection and surveillance is new and, admittedly, scary
[21:00] Whether we should be optimistic or pessimistic about the direction we're headed with technology and surveillance
[23:11] What is singularity and how far off it might be
[24:45] The people who are going to be the most important as we move into quantum computing
Fri, 5 February 2016
AMA 139 - A Force for Good, How Enlightened Finance Can Restore Faith in Capitalism, with John Taft, CEO of RBC Wealth Management
John G. Taft is CEO of RBC Wealth Management in the U.S. Mr. Taft is responsible for RBC's wealth management growth strategy in the U.S. which consists of helping clients achieve their financial objectives through a full- service wealth management offering (investment management, retirement planning, cash management, credit and lending, insurance trust, estate planning and other solutions); and enhancing the productivity of financial advisors and relationship managers in RBC's Private Client Group, Correspondent Services, Advisor Services and U.S.-based international businesses.
Mr. Taft has worked in financial services since 1981. He has served as Chairman-Elect and Chairman of the Securities Industry and Financial Markets Association (SIFMA), the leading securities industry trade group representing securities firms, banks and asset managers in the United States. He is an industry thought leader who frequently speaks at government and industry events and who is widely quoted in the media. He is also executive sponsor of the firm's PRIDE group, representing the interests of LGBT employees and clients.
[19:03] Why the term "financial innovation" doesn't have to make you cringe and shield your wallet
Fri, 29 January 2016
AMA 138 - Popeyes Louisiana Kitchen Dare to Serve, How to Drive Superior Results by Serving Others with Cheryl Bachelder
Cheryl Bachelder is the author of the new book "Dare to serve: How to Drive Superior Results by Serving Others". Cheryl has served as CEO of Popeyes Louisiana Kitchen, Inc. since 2007. Ms. Bachelder has led a remarkable turnaround of the company’s financial results with a compelling strategic roadmap for growth and an inspiring purpose and set of principles. The results – industry leading performance for the franchise owners and the shareholders. Ms. Bachelder has more than 35 years of experience in brand building, operations and public-company management at companies like Yum Brands, Domino’s Pizza, RJR Nabisco, The Gillette Company and The Procter & Gamble Company.
Fri, 22 January 2016
Chris Martenson, PhD (Duke), MBA (Cornell) is an economic researcher and futurist specializing in energy and resource depletion, and co-founder of PeakProsperity.com (along with Adam Taggart). He is also author of the book "Prosper!: How To Prepare for the Future and Create a World Worth Inheriting" As one of the early econobloggers who forecasted the housing market collapse and stock market correction years in advance, Chris rose to prominence with the launch of his seminal video seminar: The Crash Course which has also been published in book form (Wiley, March 2011). It's a popular and extremely well-regarded distillation of the interconnected forces in the Economy, Energy and the Environment (the "Three Es" as Chris calls them) that are shaping the future, one that will be defined by increasing challenges to growth as we have known it.
Sat, 16 January 2016
AMA 136 - Political Speech with Eric O'Keefe, Citizens for Self-Governance, Wisconsin Club for Growth (WCFG), Health Care Compact Alliance
Eric is from Detroit, Michigan. He was politically interested from an early age, and in the late 1960s, he began to follow political developments through magazines and the Wall Street Journal. In 1976, he attended a speech in Detroit by economist Milton Friedman. It happened to be the day that Friedman was awarded the Nobel Prize in Economics.
From late 1973 to early 1976, Eric worked running drill presses at Detroit Broach and Machine where he was a member of the United Steelworkers of America, Local 7489. Eric’s direct political activities began in 1976 with a contribution to the Libertarian Party presidential campaign of Roger MacBride. Eric read about the sweeping regulations of campaign activities based on the 1974 Federal Election Campaign Act amendments, which were sold as a response to Watergate. Their actual intent, and the result, was to handicap challengers and therefore entrench incumbents. Many aspects of the law were ruled unconstitutional in the 1976 Buckley v. Valeo decision, but unfortunately the Supreme Court decided to rewrite the law rather than reject it.
Eric is currently a part of The Wisconsin Club for Growth and Citizens for Self Governance.
[4:07] How governmental resources are being used to shut down political speech
[9:13] The impact of Citizens United and the truth behind it
[14:06] How we can stop the entrenched politicians and impose term limits
[20:31] The monologue vs dialogue media
Sun, 13 December 2015
AMA 135 - Talking Crowdfunding with Risk Media's Real Esate Tech Titan, and one of Swanepoels 200 most powerful people in residential real estate, Marshall Saunders
Real estate was not Marshall’s first business avenue. At the age of 14 he started a successful vending business, growing to over 400 machines in 4 years. In college, Marshall ran a lawn-mowing business, servicing over 200 foreclosed home through a government contract with the Veteran’s Administration.
Sat, 5 December 2015
John Addison has been engaging and inspiring audiences with his relatable leadership message for more than two decades. As former Co-CEO of Primerica, John has worked side by side with many of the titans of American business: Art, Williams, Sandy Weill, Jamie Dimon, Bob Lipp, Pete Dawkins, and Joe Plumeri – to name a few. John has a magnetic stage presence and is highly sought after as a public speaker.
Fri, 27 November 2015
Tren Griffin is a Senior Director at Microsoft, doing strategy, competitive analysis and business development, with a focus on software platforms and business models. He creates and helps execute "go to market" plans, working closely with the engineering and marketing teams. Before that, he was a partner at Eagle River, a private equity firm controlled by Craig McCaw with investments in software, communications and other technology industries including Nextel, Nextel Partners and many start-up firms. During some of this time served as an officer of portfolio companies XO Communications (VP Strategy) and Teledesic (VP Business Development).
Fri, 20 November 2015
AMA 132 - The August Forecast - Technocracy Rising, The Trojan Horse Of Global Transformation with Patrick M Wood
Patrick Wood is a leading and critical expert on Sustainable Development, Green Economy, Agenda 21, 2030 Agenda and historic Technocracy.
Sat, 14 November 2015
AMA 131 - Red Hot Lies, How Global Warming Alarmists Use Threats, Fraud & Deception to Keep You Misinformed with Chris Horner
Christopher C. Horner is the author of "Red Hot Lies, How Global Warming Alarmists Use Threats, Fraud & Deception to Keep You Misinformed". He also serves as a senior fellow at the Competitive Enterprise Institute. An attorney in Washington, DC Horner has represented CEI as well as scientists and Members of the U.S. House and Senate on matters of environmental policy in the federal courts and the Supreme Court.
Fri, 6 November 2015
Jason Hartman talks with Mark Ford, an American author, entrepreneur, publisher, real estate investor, filmmaker, art collector, and consultant to the direct marketing and publishing industries.
Sat, 31 October 2015
AMA 129 - Thumbtack Sharing Economy, Associate Director at the White House economic advisor to Senator Mitch McConnell with Jon Lieber
Jason Hartman talks with Jon Lieber, Chief Economist & Policy Research at Thumbtack about the entrepreneurial state of the USA, the sharing economy and more.
Sat, 24 October 2015
AMA 128 - The United States Economic Status with Megan Greene, Chief Economist of Manulife & John Hancock Asset Management
Jason Hartman talks about the current state of the American economy, stock market and housing market with Megan Greene, Chief Economist of Manulife & John Hancock Asset Management.
Fri, 16 October 2015
Paul Mladjenovic is a CFP, national seminar leader, author and consultant. Since 1981, his specialties have been investing, financial planning and home business issues. Paul has written Stock Investing For Dummies (all four editions), Zero-Cost Marketing, Precious Metals Investing For Dummies, the Job Hunter’s Encyclopedia and the latest book, Micro-Entrepreneurship For Dummies.
Sat, 10 October 2015
Jason Hartman talks with Alvin Roth, Craig & Susan McGaw Professor of Economics at Stanford and author of "Who Gets What and Why"
Sat, 3 October 2015
Jason Hartman talks with John Gaver, editor and publisher of Action America and author of "The Rich Don't Pay Tax! ... or Do They?"
[5:11] What the left is doing that's making people vote with their feet
Fri, 25 September 2015
Jason Hartman talks with Salvatore Buscemi, author of The Art of the Raise about different deal structures in real estate investments.
Sat, 19 September 2015
Jason Hartman discusses 3 different strategies for investing in real estate, what an executive flip is, how to not get caught in the fools game, the difference between an investment and a speculation, the bubble of 2005 with David Wood, from Amplified Living.
[5:30] "I prefer the high end flips because i think the people who are going to buy a million or 2 million dollar house, often lack vision."
Sat, 12 September 2015
Mark Everson is currently a Republican presidential candidate for the 2016 election, as well as the former Red Cross CEO and former Commissioner of the IRS, about the current race and how stands out in a field as large as this.
[4:24] I would suggest to you that we've lost this traditional approach to our nation
[9:55] Some of the Republicans would knee jerk, just defend Wall Street. I'm not doing that
[14:49] People tell me stories, people have the insurance but they're not using it!
Thu, 3 September 2015
Aaron Clarey is the author of 5 books, his most current being Enjoy the Decline of America. He also an economist, running the blog Captain Capitalism. He talks with Jason about the USD status as the world's reserve currency, the current environment of political correctness, how the old economic building block of society is failing us and more.
[6:25] - "pursuing such socialist and parasitic policies are not good at all for any country and should never be repeated again"
[10:15] - "we no longer value a child or the family as the basic building block of the economy"
[15:05] - if you want to nail it down to one thing, it's unfunded liabilities
[22:30] - they don't know that by voting Obama in twice that they have fundamentally shifted the tenor of the United States.
Mentioned in this episode:
Thu, 18 June 2015
Nathan Jaye is the founder of Ziprz and contributor to the CFA Institute Magazine. In an article, Nathan interviewed Tom Brown, the global head of investment management at KPMG on some of the interesting financial changes we might see in the next decade and a half. Jason invites Nathan on the show to talk about the article he wrote and to discuss why millennials are not a fan of Wall Street.
[2:40] Nathan talks about the past financial crisis in 2008.
[4:00] Why do millennials not relate to Wall Street?
[7:05] Wall Street's business model wants to 'sit down and talk about it' and many millennials who are used to making purchases on the internet do not like that.
[9:05] Nathan and Jason talk about robo advisers.
[11:15] Technology will affect the way we traditionally bank.
[15:45] We're slowly starting to see changes in technology-incorporated clothing.
Mentioned In This Episode:
Mon, 11 May 2015
Salvatore Buscemi is the author of Making the Yield: Real Estate Hard Money Lending Uncovered as well as the Managing Director for Dandrew Partners New York. He talks to Jason Hartman on the subject of finding experienced fund managers, the problems with crowd funding, dealing with inexperienced investors, and much more on today's show.
[1:45] Salvatore talks about his book, Making The Yield: Real Estate Hard Money Lending Uncovered.
[2:50] You can't take $2,000 from someone and really invest or place that capital meaningfully.
[9:00] People are going to real estate fund managers who have no experienced and are losing their money.
[19:45] Real estate crowd funding deals are tricky, because now the developer is dealing with less experienced investors.
[27:20] You can't make accurate predictions in an era where government and central banks intervene.
[35:50] People want more control over their investments and rather invest in someone who they have a good relationship with.
[39:30] Ask the hard questions first before you invest.
Tue, 14 April 2015
Jason Hartman invites Kirill Storch of Electric Web to talk about some of the interesting developments that's happening in the mobile sector. Kirill tells Jason about how companies are putting smartphones on assembly lines to scan their products more efficiently, companies utilizing innovative tactics to make their internal processes go faster, and more.
1:50 – Most people only think about how smartphones can help businesses from a sales point of view.
3:20 – The scan feature on the smartphone can now check in with assembly line managers to make sure everything is running smoothly.
7:10 – Wearable technology will probably change the way we do business.
10:00 – 10% of all US firms have invested in mobile technology and it's estimated by 2016, 30% of companies will catch on.
12:40 – The solution to a company's problems might be right there in their pocket
Mentioned In This Episode:
Mon, 6 April 2015
John Rubina is a second time guest and sits down with Jason to talk about the economy and the huge money bubble that's happening right now. John is the author of Money Bubble: What to Do When It Pops and he talks a little bit about his book on the show. John and Jason sit down to talk about Switzerland's economy, what's happening with China, and much more on today's AMA show.
2:00 – Germany is currently paying negative interest rates on bonds. How is that possible?
5:15 – So many people want to open banks in Switzerland that the Swiss are telling customers that they have to pay them instead of vice verse.
10:05 – Governments are keeping negative interest rates in order to stop a financial collapse.
19:30 – If you add up all the debt in the US right now, it comes out to about $2 million per family.
25:45 – The US can use their military power to get what they want, but at the end of the day there's no reason why China and India need US dollars to trade.
32:15 – Since the 2008 crash, the world has taken on 57 trillions in new debt.
36:10 – Jason and John talk about the benefits of owning property.
Mentioned In This Episode:
I Like Local
The Oil Card by Jim Norman
Mon, 30 March 2015
Jay Sidhu is the CEO of Customers Bank and his bank has just come out with a new digital banking service called Mobile Bank that can be done right from your smartphone. Jason Hartman is interested in learning more about Mobile Bank and talks to Jay about how America's banking system is riddled with inefficiencies, Bitcoin, and more on today's show.
1:40 – Customers Bank is a business bank and Bank Mobile is a consumer bank.
5:20 – What's the difference between Bank Mobile and Allied Bank? Jay explains.
8:45 – Jay shares his thoughts on Bitcoin.
15:40 – Jay believes the FDIC definitely has the money to pay in case a crisis happens.
22:10 – Uber is great because there's finally some competition in the taxi monopoly and the same thing needs to happen in banking.
24:00 – How does Mobile Bank make money if they have no fees? Jay explains.
Mentioned In This Episode:
Mon, 23 March 2015
Jason Hartman invites Patrick Cox on to the AMA show to talk about the Apple watch, stem cell technology, and why the FDA is holding back on amazing advances in the scientific and medical community. Patrick Cox specializes in the field of transformational technology and has worked closely with scientists all over the world. You can visit Patrick at PatrickCoxDNA.com to see him experimenting on himself and creating brand new muscle tissue.
4:10 – There's a lot of scientific advances going on, but the media has always been bad at reporting science.
9:40 – Right now there are drugs that can cure common life-threatening diseases, but the government takes a long time to approve them.
15:10 – The FDA banned a natural product that reduced inflammation and one of Patrick's friends had a stroke because he couldn't take the plant anymore.
22:30 – If the FDA is the problem, what are other countries doing in the regenerative field?
26:00 – Patrick gives his opinion about the Apple watch.
28:00 – Big technology companies are supporting medical companies, which can help with a lot of roadblocks the medical/science community is currently experiencing
Mentioned In This Episode:
Mon, 16 March 2015
Richard Proteau is the author of Unraveling The Universal Life Scam (The Shorter Truth) and talks to Jason today on the show about universal life insurance and why it's almost always a bad investment (unless you're extremely wealthy). Richard talks about some of the differences between US life insurance and Canadian life insurance, does a break down on premiums, and more on today's AMA episode.
2:30 – Richard explains the various types of life insurance you can have.
6:10 – There's always a state versus federal regulations war going on in the US.
10:30 – Richard explains what 108 is and talks about universal life premiums.
18:00 – Insurance companies are influenced in creating the best contract possible, but what's on paper may not actually be what's reality.
22:40 – MERs, management expense ratios, are not shown on the contract and can fool the consumer into thinking they have a better deal than they really do.
26:45 – Richard says buy insurance for the right reason. Jason and Richard both agree that insurance is not a good investment.
Mentioned In This Episode:
Unraveling The Universal Life Scam (The Shorter Truth) by Richard Proteau
Mon, 9 March 2015
Jason invites Jeffrey Tucker on to the AMA show to talk about the peer to peer economy as well as Bitcoin. Jeffrey is the CLO and founder of Liberty.me and he is also the Director of Digital Development for the Foundation for Economic Education. On the show, Jeffrey talks about his book Bit by Bit, the up and coming peer to peer world, and much more.
2:20 – Jeffrey explains what peer to peer means.
5:20 – Jason talks about how the Cuban people make extra money by serving food to tourists in their own homes.
12:40 – There are a lot of costs associated with regulation and that hurts the economy further.
15:45 – Plane tickets are roughly the same price from 25 years ago.
25:00 – Bitcoin is relatively private as long as your public address isn't attached to it.
30:20 – Top-down planning is slowly beginning to erode.
Mentioned In This Episode:
Bit by Bit by Jeffrey Tucker
Tue, 3 March 2015
Mike Lingenheld appears on the AMA show today to talk about what's happening in the oil industry. He talks to Jason Hartman about different gold ratios and that there are gold/oil correlations to economic crises. Mike and Jason also do a deep dive and talk about the European economy as well as the dollar being the reserve currency.
2:10 – What's happening with oil right now?
5:00 – Saudi Arabia isn't hurting economically due to their vast savings from the oil industry.
8:15 – Gold and silver does an accurate job in reflecting current inflation.
12:30 – Whenever the gold and crude ratio goes above 20, there seems to be an economic crisis.
15:30 – Mike thinks the US dollar will be the reserve currency for the next 15 years, at least.
18:40 – If Greece wanted to exist, it wouldn't be the end of the world.
20:45 – If Spain were to exist, there would be problems. Mike explains why.
Mentioned In This Episode:
Tue, 24 February 2015
Jason welcomes Linda P. Jones to the show. Linda is a podcaster and financial expert who teaches others how to have a wealthy mindset and how to build wealth the right way. She became a multimillionaire by the age of 39 and talks to Jason about her stock market background, six steps to building wealth, and where the US dollar is going.
2:30 – Linda realized early on that mutual funds weren't going to make her rich.
4:30 – People who are overly cheap or frugal do not have a wealthy mindset.
9:30 – Linda shares her story on how she made money in stocks.
14:20 – Even if you have a full-time job, having a side hustle is a great way to begin creating wealth.
16:45 – About every 8.5 years the US sees a financial cycle.
20:50 – Linda is a big fan of gold and silver and she explains why they're a great investment.
25:10 – The only reason the US has so much power is because they have a monopoly on money.
Mentioned In This Episode:
Money Love by Jerry Gillies
Mon, 16 February 2015
Jason Hartman invites Jeff Desjardins on to the American Monetary Association podcast today to talk about the neat infographics Jeff's company produces. Jeff is the president of Visual Capitalist and many of his infographics have been featured on Ink Magazine, Business Insider, Wall Street Journal, and other news outlets. Jason and Jeff talk about Visual Capitalist, Bitcoin, and more on today's episode.
2:15 – Jeff explains what Visual Capitalist is.
5:45 – The infographics that Jeff's company produces are usually based on complex topics people have a hard time grasping.
8:30 – Advertising with Visual Capitalist is more cost effective than on more main stream media websites.
10:40 – Jeff talks about his favorite infographic that he and his team worked on.
14:50 – Jason and Jeff talk about Bitcoin in this segment.
15:45 – Jeff explains the hype cycle in technologies.
19:55 – Jason would love to be wrong about Bitcoin, but you simply can't invest in it just yet.
21:00 – A lot of people learn best visually, so Jeff would like to produce more content for them in the future.
Mentioned In This Episode:
Mon, 9 February 2015
Ahu Yildirmaz is the Head of the ADP Research Institute. She has some great insight about the workforce market and gives the audience a sense of where the job growth is really happening in the United States and why. Ahu talks about how there's a lot of growth happening in both the South and West regions in the United States. Ahu also tells the audience that there is a gender gap between male and female hiring rates and explains why this might be on today's show with Jason Hartman.
2:15 – Ahu talks about where she gets her data from in the employment reports that ADP produces.
5:25 – Are people working more full-time or part-time hours? Ahu breaks it down.
9:00 – Northeast and Midwest are lagging in terms of job growth.
12:45 – Texas is doing exceptionally well right now.
14:45 – Job growth is happening a lot faster for men than for women.
16:15 – Why is there a gender gap? Ahu and Jason give their opinions on the matter.
20:25 – When the economy is not good, employers are looking for people with experience so they don't have to spend resources on training new arrivals.
22:45 – Ahu thinks robotic technology will be good for the job market.
Mentioned In This Episode:
Mon, 2 February 2015
Dr. Windsor Holden is the Head of Consultancy & Forecasting with Juniper Research. He has written over 40 full-length reports while working with Juniper Research and he talks about one of his pieces, Mobile Commerce Markets, with Jason on the show today. Jason and Windsor talk about the future of mobile payments, Bitcoin, and how people can look forward to securer online transactions.
1:45 – What's the latest on mobile commerce?
4:30 – Windsor explains what host card emulation is and why it's better.
6:20 – The involvement of Apple and Apple pay means that the mobile commerce industry will be improving a lot faster.
9:00 – Bitcoin has many hurdles to over come before it can be adopted by the mass market.
11:00 – Bitcoin fluctuates more than gold or any other currency.
12:30 – Windsor predicts that we will see a lot more tokenization in the future and less third party
14:00 – Windsor gives out his website and how you can get his latest report on the mobile commerce market.
16:10 – Mobile commerce and paying online will be much more simple, secure, and user friendly in the future.
Mentioned In This Episode:
Mon, 26 January 2015
Dr. David E. Goldberg is a professor, writer, and a civil engineer. David has written several books on the topics of engineering and algorithms. Some of these books include The Design of Innovation, Genetic Algorithms in Search, Optimization, and Machine Learning, and, his latest book, A Whole New Engineer. Jason sits down with David to pick his brains on the latest in AI technology, why there's a decline in engineers, and we also get to find out a little bit more about David's most recent book.
2:10 – David jumps right in and talks about AI, Artificial Intelligence, technology.
5:20 – To design a kidney by human hands is impractical, but nature has been able to create one for the past 3.5 billion years and more.
9:15 – As better or new technologies arise, so will the ethical questions.
12:45 – What's happening in engineering education right now?
15:40 – Engineers were seen as heroes and that view reached its apex around World War one and two.
17:55 – Roughly speaking, 6.9 billion of us owe our existence to technology since our agriculture days.
20:30 – It's not just in the US where engineers feel unwanted; it's happening in Asia too.
24:10 – Closing thoughts? Students who feel trusted end up doing the most innovative things.
Mentioned In This Episode:
The visible hand by Alfred Chandler
Mon, 19 January 2015
Ashlea Ebeling appears as Jason's AMA guest. She is a Forbes editor and talks about the different estate taxes you might face all across the United States. She also touches on federal and income tax on the show. She tells the audience every year she develops an interactive map on Forbes of where you should not die in the United States that you can check out in the show links.
2:50 – How does New York's state tax have a 164% marginal tax rate?
7:20 – Can you avoid estate taxes? Ashlea breaks down four way you can do this.
11:30 – You have to be careful of inheritance taxes and need to look carefully into that before you give your properties away.
14:20 – Ashlea likes the idea of Roth IRA. Jason thinks there's nothing stopping the government from changing the rules.
18:10 – There are a lot of new tax rules and regulations happening for 2015 that people need to be aware of.
Mentioned In This Episode:
Mon, 12 January 2015
David Porter is a long time client of Jason Hartman's real estate company. He has been working closely with Jason's team since 2009 and has made several investments in both Indianapolis and Arizona. He catches up with Jason about how he is doing with some of his properties, talks about why the Indianapolis market is so great, China's economy, the future of shipping, and more on this week's episode of AMA.
3:10 – David first bought his Indianapolis property in 2009.
8:40 – David talks a little bit about his background.
17:10 – You're more in control with real estate investing than you are with stocks.
22:15 – Take advantage of your ability to borrow and invest it in a conservative way.
24:25 – David has since an increase in retail shipments this year.
28:45 – Will China be stronger than the US's economy?
33:15 – Jason and David think the United States can stretch out their debt problem for a while.
41:50 – 3D printing, glowing trees, and more. Jason talks technology.
49:30 – David wants to buy homes he can see himself or his children living in one day.
53:50 – David has experienced a 700k appreciation since he started in 2004.
Mentioned In This Episode:
Abundance by Peter Diamandis
Makers by Chris Anderson
David Porter's first interview - http://www.jasonhartman.com/89-%E2%80%93-the-%E2%80%9Cfree-lunch%E2%80%9D-metric-what-it-tells-about-income-property-%E2%80%93-an-impromptu-discussion/
Mon, 5 January 2015
Todd Moss is the chief operating officer and senior fellow at the Center for Global Development. His work focuses on U.S and Africa relations and financial issues that sub-Saharan Africa is facing. He is also an author and has written several books with his most recent one, The Golden Hour, being a national bestseller. He talks to Jason about Africa, the economy, and why it matters.
2:50 – 7 out of 10 of the fastest growing economies in the world are in Africa.
6:10 – We are seeing Africans transition from being very, very poor to becoming middle class.
9:25 – There's a lot more foreign investment in Africa and the countries that were very badly managed in the 70-80s are now being managed much better.
11:30 – Will outsourcing and manufacturing move to Africa? Todd explains in this segment.
13:50 – A lot of Africans speak English as their native language and the second largest language is French.
16:25 – Is there a strong Al Qaeda presence in Africa?
22:15 – Todd talks about his latest book, The Golden Hour.
24:30 – Africa is changing very rapidly and Todd hopes more people will look at Africa as a place to vacation to in the future.
Mentioned In Episode:
Abundance by Steven Kotler and Peter Diamandis
Mon, 29 December 2014
In today’s American Monetary Association Show, Jason Hartman invites Jerry Robinson, author of Bankruptcy in Our Nation, to the show to share his views about what bankruptcy would look like. They discuss a variety of topics and consider frankly just how bleak America’s future could look. Robinson also gives his opinion on the impact of America’s international relations, as well as posing the interesting notion that we can see the path of America’s future by looking at the past of the rest of the world.
02.44 – Jerry Robinson’s Bankruptcy of Our Nation deals with facets of the economic crisis such as what happened, why it happened and what we thought would happen.
05.03 – In a number of ways, the 2014 picture we draw now looks very similar to the state of the world in 1914.
13.54 – No-one does anything for nothing. A closer look at the incentives can provide a lot of insight.
19.58 – The psychological impact of the economy is already taking an effect. People now expect prices and values to go up, and are surprised if they don’t.
26.14 – Maybe we need to reassess our definition of evil to better match today’s global situation.
30.09 – If the relationship between the US and Saudi Arabia changes, it could change the entire balance of power in the Middle East.
32.09 – Exports are always going to be vital, and we need to consider the impact if the US becomes energy-independent.
39.53 – International threats, and especially those involving cyber-attacks, must be taken seriously. Even if you’re living in a city, know the precautions you can take.
44.03 – Find out about Jerry Robinson’s Five Levels of Financial Freedom at www.FTMDaily.com/fivelevels.
01.00.02 – With mortgage debt, as an investor you don’t even need to pay this off yourself – your tenants pay it off for you.
Mentioned in this episode
Bankruptcy of our Nation by Jerry Robinson
Direct download: AMA_103_Jerry_Robinson_Bankruptcy_Of_Our_Nation.mp3
Category:Audio Podcast -- posted at: 3:04pm EDT
Tue, 23 December 2014
Jason Hartman invites Tim Carney, author of The Big Rip-Off and Obamanomics and writer for the Washington Examiner to come on the show and give his thoughts about the huge and potentially irreversible impact that big business and big Government are having on America. They also discuss topics such as human rights to information and what you say when Goldman Sachs offers you a position.
05.55 – Tim Carney provides some examples where regulation seems to have an alternate outcome to what was hoped.
10.50 – A look at the options of how we can possibly dislodge the power of big business and government.
11.57 – Politics and the economy are starting to work together because fewer people are now gaining from a specific policy.
14.28 – Government agencies don’t even have to worry about subtlety; if they want you they’ll do what they can to get you.
16.16 – Why is it that they can spy on us and we get no information about Government actions, even when they affect us?
17.53 - Big business benefits from and lobbies for big Government to the detriment of the consumer, the competitor and the tax payer.
20.23 – Technology could be our undoing or it could be our liberation. We’ll have to wait and see.
22.36 – To read Tim’s articles, head to www.WashingtonExaminer.com and his Fellowship is with the American Enterprise Institute: www.AEI.org
Mentioned in this episode
The Big Rip-Off by Tim Carney
Obamanomics by Tim Carney
Mon, 15 December 2014
Inspired by an article from Business Insider, Jason Hartman invites Dan Egan of Betterment onto the show to expand upon the idea of market timing. While much of the focus is on Wall Street and how market timing works in the stock market, a lot of these ideas can be applied to real estate investing. They also discuss topics such as long- and short-term capital gain, high-frequency trading and how happy we are with our own achievements in absolute terms.
02.33 – Stock trading investments are all about assessing long and short-term achievements. Remember that the government views capital gain in terms of short or long-term.
04.03 – Dan Egan describes the ‘bid ask spread’, an economic term for the costs you never see a bill for.
07.20 – High-frequency trading might not be everything it’s cracked up to be. You have to compare the situations of the big traders with average Joe’s actions.
13.30 – Personal satisfaction is hugely important, but it’s always competing with our comparisons to the people around us.
15.20 – For more information about Dan Egan and his company, head to www.Betterment.com
15.28 – Jason Hartman discusses some of the various viewpoints on the inflation/deflation argument.
Mentioned in this episode
Flash Boys by Michael Lewis
Mon, 8 December 2014
Christine Hassler is a Gen Y and millennial expert. She believe millennials have the highest expectations and are often hit hardest when they face reality and realize it's not as easy as it looks. She talks to Jason about how to manage your expectations better, why she loves millennials, and a little bit about her latest book entitled Expectation Hangover.
3:15 – Christine talks a little bit about her book, Expectation Hangover, and who it is meant for.
6:10 – Christine says millennials are hard working employees. They learn quickly and think outside the box.
10:15 – You need to have a break up in order to grow. A break up leads to a break down, which actually then leads to a break through.
13:00 – Take a brief pause in your life to accept the on-rush of feelings you might have, once you've done that, then you can work on releasing them.
16:00 – Christine believes millennials will find a better solution for our current broken school system.
19:10 – Don't base your happiness and self-worth on the result of your goal. If you fail, it will take you longer to bring yourself back up. Have goals, but distance yourself emotionally from them.
20:50 – Christine wants you to optimistic, but she also doesn't want you to let yourself down for putting too much emotion in that optimism.
Mentioned In This Episode:
Direct download: AMA_100_Christine_Hassler_Expectation_Hangover.mp3
Category:Audio Podcast -- posted at: 4:43pm EDT
Mon, 1 December 2014
Lawrence Cunningham has written dozens of books including the Berkshire Beyond Buffett: The Enduring Value of Values, which Amazon called “a hot new title”. He has also written books such as the AIG story as well as The Essays of Warren Buffett: Lessons for Corporate America. Lawrence loves to teach, read, write, and spend time with his family. He comes on to the show today to talk with Jason about his latest book, Berkshire Beyond Buffett, and share some insights into why Warren Buffett is an incredibly successful man.
3:11 – Lawrence says if you sell a product that's useful to your customer, you'll develop a returning customer. It's just a better business model than selling products no one wants.
7:30 – It turns out Warren Buffett got his values from Tom Murphy.
11:40 – When Lawrence interviewed CEOs for his book, there was a common theme among them – they trusted their staff and didn't try to control everything.
14:45 – What are some of the myths about Buffett? Lawrence explains in this segment.
17:00 – Will Warren Buffett ever retire?
20:00 – Buffett's greatest achievement is that he has built a company that will outlast him when he leaves the company.
22:45 – Jason asked if Buffett's investments in wind and solar are a good idea and Lawrence think it is.
24:30 – Lawrence is excited for his upcoming Berkshire Beyond Buffett book tour.
Mentioned In This Episode:
Direct download: AMA_99_Lawrence_Cunningham_Berkshire_Beyond_Buffett_The_Enduring_Value_of_Values.mp3
Category:Audio Podcast -- posted at: 9:24pm EDT
Mon, 24 November 2014
Jeff Macke is the host of Breakout on Yahoo Finance and was an original cast member of CNBC's Fast Money. He is also the author of Clash of the Financial Pundits: How the Media Influences Your Investment Decisions for Better or Worse, which he talks a little bit about on today's show. In this episode, you'll find Jeff and Jason addressing some Doomsday theories as well as talk about inflation and deflation in currency.
4:50 – Jason is staying at hotels for half of the price because he's been using services like Hotwire.com.
8:30 – People are having a hard time finding jobs. Investment bankers are becoming Uber drivers just to make some money.
11:45 – Jeff believes there are plenty of jobs available, just not jobs people want. Jeff says if you get a job you don't want now, it'll help provide you some money and help you work towards something you are passionate about.
13:00 – Jason is exciting about robotic technology and the self-driving car.
17:30 – Jeff is still nervous about the stock market. The stock market is doing better now, but it's still pretty unstable.
19:52 – Jeff is not sure if we're going to see a huge inflation in our money, but at the same time he doesn't see how the deflation outcome would work too.
22:00 – Jason believes it's important to prepare your money for both inflation/deflation scenarios. He explains how to do that in this segment.
24:30 - Never forget that economics is a social science
Mentioned in this episode
Clash of the Financial Pundits by Jeff Macke
Mon, 17 November 2014
Patrick Cox produces unbiased and independent research in the field of transformational technology. He has worked closely with Nobel Prize-winning scientists and economists along with having over 200 of his editorials appear on the Wall Street Journal, USA Today, and more. Patrick shares some insider science to Jason and his audience today and also talks about some very interesting medical advancements the media fails to report on.
4:35 – Conviction and convenience do not live together, so you have to separate yourself from convenience.
7:10 – If you have plans to do great things, you are bound to find some resistance from your friends and family.
10:00 – You can't get more in life until you are grateful for what you have today.
14:00 – Birmingham property tour is coming up and Meet the Masters event is coming up in January.
18:00 – There's a lot of exciting things going on in science, but you wouldn't know that because the media is very poor at reporting science.
20:10 – Social security is under estimating our life spans. In reality, people will be living a lot longer.
24:30 – The government is obsessed with not putting out a drug that may have side effects, which Patrick believes is absurd when so many lives are at stake. A possible cure with side effects is better than no cure when people are dying.
27:00 – The FDA has not adapted to the new model of how personalized medicine works.
30:10 – Scientists did tests on a chemical compound called anatabine and found it be the most effective anti-inflammatory agent ever discovered.
34:00 – There are a number of ways you can rejuvenate the heart muscles when they've been damaged. We thought for a long time that these could not be repaired at all.
39:00 – The Japanese are leading in rejuvenation medicine because they understand their citizens are getting older and fewer Japanese are being born.
42:15 – We have the tech crowd pushing against the roadblocks that cutting-edge medicine is facing.
Mentioned In This Episode:
Mon, 10 November 2014
Senate Libertarian candidate, Sean Haugh, features as Jason’s guest on today’s American Monetary Association Show. Together, they discuss the viability of war, the need for America to prove itself as a haven of free trade and prosperity and some of the most important points forming the basis of Haugh’s upcoming campaign.
02.06 – Surely we can’t go to war with anybody unless we have a direct congressional authorization?
07.55 – If we can reinstate America as a country of free trade and prosperity, we can give other countries reasons to work with us, not against us.
16.45 – With everything going on in the world, one of the most important things for us to do is work on empowering women.
23.20 – Being a Senator in the United States isn’t about having all of the answers – it’s about clearing the restrictions for the experts that do have the answers.
26.28 – Find out more about Sean Haugh by heading to www.SeanHaugh.com, Twitter: @EmperorSean or Facebook searching Haugh for Senate. You can also find his YouTube channel by just searching his name.
Tue, 4 November 2014
The impact of technology and the future of development plays a big part in today’s Creating Wealth Show. Jason Hartman invites Consuelo Mack of WealthTrack to give her thoughts about China’s current state, the importance of a diverse investment portfolio and where technology will lead us in 15 years’ time.
01.53 – If the New World Order really is the Old World Order, it means huge implications for America.
06.55 – It is the US consumer that drives the economy – this means a strong, independent economy, regardless of the state of the rest of the world.
10.10 – China’s family policies will be their own downfall because in 10-15 years, there will be a huge demographic hole.
14.40 – Who knows where the latest innovations of 3D printing and the self-driving car could lead us?
18.35 – An investment portfolio needs a good level of diversification and well-managed real estate investment could make all the difference.
23.13 – Alternative investments are looking like an interesting option, but we still need to clarify all the details.
24.40 – For archived interviews and more information, head to www.WealthTrack.com
Direct download: AMA_95_Consuelo_Mack_Host_of_WealthTrack_on_PBS.mp3
Category:Audio Podcast -- posted at: 12:11pm EDT
Mon, 27 October 2014
Bill Cheney of John Hancock Financial guest stars on the American Monetary Association show today to talk about economics. Bill has been a chief economist for the company John Hancock well over the past 27 years and talks a little bit about his experience and where he sees the financial market in the future.
2:30 – The current unemployment rate is understated because many people have their own solo-gigs or unsteady work.
9:25 – What Bill is seeing in his surveys are that people are more likely to invest and feel less concerned about today's market.
12:58 – The stock market is not overvalued as long as company profits keep growing.
15:20 – Bill feels we are not a healthy economy yet, but we are a healing one.
21:00 – Over the years people have been able to buy more stuff, which is why inflation has been adjusted accordingly.
24:00 – The CPI is the best way to measure how much our lives have improved over the years.
Mentioned In This Episode:
The $100 Startup by Chris Guillebeau
Mon, 20 October 2014
In the today’s American Monetary Association Show, Jason Hartman speaks to author and former Department of Justice attorney, Sidney Powell. Together, they dive into some of the most scandalous and outrageous cases which have based through the Department of Justice in recent decades. Step-by-step, they overview several of the cases featured in Powell’s book Licensed to Lie: Exposing Corruption in the Department of Justice and consider the true state of our society.
01.30 – Sidney Powell’s book, Licensed to Lie: Exposing Corruption in the Department of Justice, deals with some of the most scandalous and historic events to come out of the United States’ Department of Justice.
9.50 – Within the Merrill Lynch case, it got to the point where favourable statements were hidden for six years while four Merrill Lynch executives were sent to prison without even a listed criminal offence.
13.30 – Sometimes there are two sides to a story and you need to dig a little deeper to find out what really happened.
17.25 – You have to question when a judge says he’s never had such a fine person before him for sentencing, and then passes a sentence.
20.50 – www.pogo.org (Project on Government Oversight) has identified over 400 instances of misconduct by prosecutors in the last decade.
22.30 – Despite having a criminal conviction against his name a few days before the re-election, Ted Stevens only lost his place on the Senate by a few votes.
28.15 – The Bar associations are less than useless in these situations because they just give the same response.
32.30 – Judge Sullivan is turning around the Freedom of Information Act lawsuit against the IRS and doing his best to achieve a just result.
34.40 – There are too many aspects of the IRS case that just seem conveniently timed for it to be believable.
35.10 – Many of Sidney’s articles about these issues can be found at www.Observer.com
37.10 – If the IRS is being used to target political opponents, who gave that order?
39.15 – Information about the book and how to purchase it can be found at www.LicensedtoLie.com. Tweet Sidney using the handle @SidneyPowell1 and be sure to ‘like’ Licensed to Lie on Facebook.
Wed, 8 October 2014
Today’s American Monetary Association program features the founder and editor of Stray Reflections, Jawad Mian, as a guest. He and host, Jason Hartman discuss the current and potential state of Dubai and the rest of the United Arab Emirates before moving on to consider some of the biggest consumer investment issues facing today’s society and looking at the future of bitcoin.
05.00 – A lot of the developments and changes happening to Dubai are to provide the desired lifestyle for the growing expatriate community there.
08.00 – Each of the Emirates in the UAE has different societal structures which lead to a different overall feeling of the country.
15.00 – Tourism remains one of the largest and most profitable industries in the Middle East.
17.20 – Transportation and particularly transportation of goods or consumer items is one of the biggest draws in oil reserves.
18.30 – In some ways, bit-coin seems attractive as an alternative currency, but the FBI and the IRS’s insistence that it is taxable property definitely alters some people’s view of it.
22.00 – The volatility of bitcoin as a prospective currency makes it particularly unattractive to merchants.
25.30 – The alleged main aim of bitcoin is to have an economy free from the government, but in the event of any incidents occurring, the only way they could get out from it is with government assistance.
27.10 – For more information about investing strategies and themes, head to www.stray-reflections.com
Fri, 15 August 2014
J.D. Hayworth is a former Arizona Republican Congressman and host of "America's Forum" on Newxmax TV.
Hayworth discusses why Bill Clinton's Presidency so corrupt and what this corruption means for Hillary's bid in 2016.
Hayworth contested John McCain and did not win in 2010. He explains the biggest issues he had with McCain.
Hayworth finally shares how he went from sports broadcaster to politician.
J.D. Hayworth was a Representative from Arizona. Born in Highpoint, Guilford County, N.C., July 12, 1958, he graduated from High Point Central High School, Highpoint, N.C. and earned a B.A. from North Carolina State University in Raleigh. He's a former television and radio journalist, before being elected as a Republican to the One Hundred Fourth and five succeeding Congresses (January 3, 1995-January 3, 2007). He was an unsuccessful candidate for reelection to the One Hundred Tenth Congress in 2006.
Mon, 11 August 2014
Sam Carpenter author of, "Work the System: The Simple Mechanics of Making More and Working Less." He joins the show to discuss how can people make more money by working less.
With a background in engineering, publishing, journalism and telecommunications, Sam is author of the book, "Work the System: The Simple Mechanics of Making More and Working Less," (2009, Greenleaf Book Group, www.workthesystem.com). He is also CEO and majority owner of Centratel (www.centratel.com), a national telephone answering service that he has operated for 28 years. Sam is founder and director of Kashmir Family Aid, a 501C3 non-profit aiding surviving school children of the Northern Pakistan and Azad Kashmir earthquake of October 2005 (www.kashmirfamily.org).
Outside interests include mountaineering, skiing, cycling, reading, traveling. "Work the System" won the prestigious "Best Non-fiction" award at the New York Book Festival. The book is now in its third edition. Sam also owns a consulting firm and distributes an on-line product, The Work the System Academy (www.workthesystemacademy.com) Originally from upstate New York he lives in Bend, Oregon and Seattle, Washington with his wife Linda.
Get "Work the System" at www.workthesystem.com.
Visit the Work The System Academy at www.workthesystemacademy.com.
Fri, 8 August 2014
David Morgan is Publisher of The Morgan Report. He joins the show to discuss what's next for gold and silver after the FOMC's latest announcement and the news in Iraq.
In the interview, Morgan shares whether investors should trust this metals rally. He explains why silver is a better currency and more ubiquitous than gold.
Morgan then discusses how levered banks are and if financial institutions have learned anything from the 2008 crisis.
Seduced by silver at the tender age of 11, David Morgan started investing in the stock market while still a teenager. A precious metals aficionado armed with degrees in finance and economics as well as engineering, he created the Silver-Investor.com website and originated The Morgan Report, a monthly that covers economic news, overall financial health of the global economy, currency problems ahead and reasons for investing in precious metals.
David considers himself a big-picture macroeconomist whose main job as education—educating people about honest money and the benefits of a sound financial system—and his second job as teaching people to be patient and have conviction in their investment holdings. A dynamic, much-in-demand speaker all over the globe, David’s educational mission also makes him a prolific author having penned "Get the Skinny on Silver Investing" available as an e-book or through Amazon.com. As publisher of The Morgan Report, he has appeared on CNBC, Fox Business, and BNN in Canada. He has been interviewed by The Wall Street Journal, Futures Magazine, The Gold Report and numerous other publications. Additionally, he provides the public a tremendous amount of information by radio and writes often in the public domain.
Find out more about David Morgan and his work at www.silver-investor.com.
Direct download: AMA_89_-_The_Truth_about_Gold_and_Silver_with_David_Morgan.mp3
Category:Audio Podcast -- posted at: 1:19pm EDT
Tue, 5 August 2014
Matthew J. McGrath is the President and CEO of Optimize Capital Markets. He joins the show to discuss institutional crowdfunding and how the JOBS Act infringes on investors' protections rights.
Optimize Capital Markets is Canada’s first and longest running internet-based institutional crowdfunding company. The company operates optimizecapitalmarkets.com, an online website where businesses can request to get financing from potential accredited investors and institutions.
Optimize Capital Markets was founded in September 2009 by Matthew McGrath, a former vice-president of private client services at the Royal Bank of Canada.
Visit Optimize Capital Markets at www.optimizecapitalmarkets.com.
Fri, 1 August 2014
Charles Goyette is the Host of "Ron Paul's America" radio show. He joins the podcast to give his dramatic solution to prevent the coming financial ruin.
Goyette believes the longstanding practice of crony capitalism strangles our economy. He thinks we need to reign in overseas spending and end American interventionism.
Goyette then explains whether it is fair for younger people to subsidize older people.
New York Times bestselling author Charles Goyette spent many years as an award-winning and popular Phoenix radio personality. Admired for his "Fearless Talk Radio," Charles was named Best Phoenix Talk Show Host by the New Times. Because of his insistence on holding all poiticians - regardless of party - accountable to the same strict standards, Charles was widely known as “America’s Most Independent Talk Show Host.” His years of experience as a financial professional have served his listeners well as he sounded the alarm about the mortgage bubble well in advance of the calamity and described the consequences of the governments reckless economic behavior in his clear, easy to understand manner.
Charles is no newcomer to the national economic debate. In fact, more than 25 years ago Charles arranged for a then little-known Texas Congressman named Ron Paul to be the keynote speaker at a series of monetary conferences he hosted. Goyette has often been called on to share his views with television audiences nationally on Fox News, CNN, MSNBC, PBS, CNBC and Fox Business Channel, including on the Glenn Beck Show and The O’Reilly Factor with Bill O’Reilly on Fox News; NOW with Bill Moyers on PBS; and on Lou Dobbs Tonight on CNN, where he repeatedly warned before the current turmoil the "economic calamity the Republicans and Democrats" were creating. He has written for a number of magazines including The American Conservative and Gannett magazines, and for LewRockwell.com, CNBC.com, WorldNetDaily.com, and TheStreet.com.
Listen to "Ron Paul's America" at www.ronpaulsamerica.info.
Direct download: AMA_87_-_Inflation_and_Economic_Woes_with_Charles_Goyette.mp3
Category:Audio Podcast -- posted at: 1:16pm EDT
Wed, 30 July 2014
John and Monica Miller are the authors of, "The Coming U.S. Banking 'Bail In.'" They join the show to discuss if it is true that in the U.S., Canada, New Zealand, and the EU, when you deposit funds in your bank account, the money belongs to the bank. They share what first world "Triple A" countries are not part of this bank money grabbing initiative.
The Millers definte what a "bail in" is and answer whether the FDIC program offsets a "bail in." They also describe the process of sending money overseas to avoid a "bail in."
They then talk about the U.S. banking system and how Americans can side-step the "bail in" problems.
Find out more about John and Monica Miller at http://www.banking-holiday.com.
John and Monica Miller, formerly of Hawaii and now residents of New Zealand, believe that Australia offers some of the best financial conditions in the free world. The Country is debt-free and the wealth is staggering. It is a resource based economy that is still prospering.
Therefore, before capital controls and retirement account seizure takes place, this is certainly a place that should be considered when trying to internationalize assets. And while they drive on the wrong side of the road, the weather is quite nice, and there are some incredible beaches and cities.
Direct download: AMA_86_-_Banking_Bail_In_with_John_and_Monica_Miller.mp3
Category:Audio Podcast -- posted at: 5:07pm EDT
Fri, 25 July 2014
Direct download: AMA_85_-_The_Future_of_3D_Printing_with_Christopher_Barnatt.mp3
Category:Audio Podcast -- posted at: 7:30am EDT
Wed, 23 July 2014
Phaedra Fisher visited Russia back in 1994, and witnessed the privatization and inflation firsthand. Her book, Vodka Diplomacy, explains her experience and life in Russia as several events unfolded.
Thu, 1 May 2014
Farnoosh Torabi is host of “Financially Fit” on Yahoo! Finance. She joins the show to discuss why credit is such an important focus for Americans right now. Torabi shares the top misconceptions about credit and the top mistakes people make when it comes to understanding their credit standing. She then answers the following questions:
- What are some signs that forebode that you'll be broke in ten years?
- What aspects of our life is impacted by our credit history?
- What can consumers do to improve their credit standing?
- What are some free resources to help simulate, track, manage and build good credit?
Torabi then talks about the new "Sharing Economy" and how it's changing the way we travel, consume and live. She also explains how one can know if he or she is getting a good deal on their mortgage.
Watch Farnoosh Torabi at www.farnoosh.tv.
Thu, 17 April 2014
Rodney Johnson is President and Editor of Dent Research. He joins the show to explain why gold will fall below $800.
Johnson then discusses whether the US economy is slowing. He also shares how investors can build streams of income instead of relying on equity markets.
Visit Dent Research at www.dentresearch.com.
Rodney Johnson works closely with Harry Dent to study how people spend their money as they go through predictable stages of life, how that spending drives our economy and how you can use this information to invest successfully in any market.
Rodney began his career in financial services on Wall Street in the 1980s with Thomson McKinnon and then Prudential Securities. He started working on projects with Harry in the mid-1990s. He’s a regular guest on several radio programs such as America’s Wealth Management, Savvy Investor Radio, and has been featured on CNBC, Fox News and Fox Business’s “America’s Nightly Scorecard, where he discusses economic trends ranging from the price of oil to the direction of the U.S. economy.
He holds degrees from Georgetown University and Southern Methodist University.
Direct download: AMA_82_-_Gold_Prices_with_Dent_Research_editor_Rodney_Johnson.mp3
Category:Audio Podcast -- posted at: 2:10pm EDT
Wed, 9 April 2014
Matt Schifrin is the Vice President at Forbes Publishing and Managing Editor of Investing for Forbes Media. He joins the show to give us his tips for investing in 2014.
Schifrin shares one investment to avoid at all costs and the best ways to get rich. He explains why Wells Fargo is so great and whether Apple investors should reinvest their dividends.
Direct download: AMA_81_-_Investing_Tips_and_Tricks_with_Matt_Schifrin.mp3
Category:Audio Podcast -- posted at: 11:08am EDT
Mon, 7 April 2014
Chuck Gallagher is the Chief Operating Officer at American Funeral Financial and Founder and CEO at Ethics Resource Group. He's the author of "SECOND CHANCES: Transforming Adversity into Opportunity."
Chuck is a Prostate Cancer Survivor. He discusses the emotional journey from diagnosis to treatment and what happens after the treatment is over and how the side effects changed his life.
The topic then shifts to politics as Chuck discusses whether the government shutdown was ethical.
Find out more about Chuck Gallagher at www.chuckgallagher.com.
Thu, 3 April 2014
Chris Mayer is the Managing Editor of Agora Financial and Editor of the Capital and Crisis publication.
Mayer breaks down the unemployment numbers for us and whether it is actually getting better.
He then discusses the benefits of traveling around the world to get an investment story. Given the instability in the emerging markets, Mayer assesses whether this is the beginning of the next global financial storm.
Chris has prepared a SPECIAL video for our listeners. He shares SEVEN incredibly safe stocks that you should buy now. Chris believes these stocks will multiply your wealth 20 times over. Visit www.GrowYourWealth.info to find out what these companies are.
Wed, 19 March 2014
Tom Dyson is the Publisher of Common Sense Publishing, which owns The Palm Beach Letter. Common Sense is one of the fastest growing investment newsletters in the world.
Dyson joins the show to discuss what he looks at when picking stocks, including what every good company needs to have over the long term.
Dyson then shares his thoughts on why he thinks whole life insurance with paid up additions policies are great investments.
The topics then turn to lifestyle, as Dyson discusses ways to cut down stress and lose weight.
Dyson has prepared a SPECIAL video for all listeners. He shares where bankers and the rich keep their money and why they do it.
Visit www.palmbeachletter3.com to find out for more .
Mon, 10 March 2014
Tim Sullivan is the Chief Executive Officer of MicroVentures. He joins the show to discuss how early-stage funding has changed from the 90's to today. He also explains the differences between angel investors and VCs.
Sullivan then digs deep into the JOBS Act and how the SEC is regulating it.
Sullivan's firm, MicroVentures, is the biggest crowdfunding platform. It's done about $40 million in deals with companies that have become big, like Facebook, Palantir, and Twitter. Sullivan shares his strategy in finding such companies.
Sullivan finishes the interview by talking about whether Twitter's current valuation is fair.
Visit MicroVentures at www.microventures.com.
Wed, 26 February 2014
A national leader in bringing transparency to government spending, Adam Andrzejewski, (Angie-f-ski) the eldest of seven children, was born in rural Herscher, IL-- a hardworking small town, and family farm community.
After working his way through Northern Illinois University, Adam and his brother successfully built a $20 million dollar business which employed 160. Today, HomePages® is the nation’s largest publisher of community telephone directories. Selling his share of the business to his brother in 2007, Adam began to focus on a life of public service.
In 2010, Adam ran for Governor of Illinois in the Republican primary. Adam was proud to be endorsed by Nobel Peace Prize winner and Solidarity founder Lech Walesa, among others. Adam promised he would post “every dime online in real time.” Despite a close loss on Election Day, Adam founded OpenTheBooks.com to fulfill his campaign pledge.
Today, OpenTheBooks.com contains over 300 million lines of government spending with the goal of acquiring 1 billion lines within the year. Currently posted is nearly all disclosed federal checkbook vendor spending since 2000; 2.5 million federal employee salaries with five year salary histories; 40/50 states checkbook vendor spending; 31/50 states with public salaries and/or pensions; and all federal campaign donations since 1979.
On May 29, 2013, Andrzejewski’s editorial was published in The Wall Street Journal, “Track Government Spending on Your Phone.” The editorial showcased our first-to-market technology enabling taxpayers to search federal spending by ZIP code. Thereafter, the Open The Books app ranked as high as 3rd in Apple’s The App Store.
In September 2013, John Stossel’s Special- Innovation Nation on the FOX News Channel featured a segment on OpenTheBooks.com. In the week following the show, 80,000 people rendered 750,000 pageviews on the website & mobile app. Adam is happily married to his wife Kerry and the proud father of three beautiful little girls. He is an avid runner, having run the Chicago Marathon on four occasions. Adam is a lector at St. Isaac Jogues Catholic Church in Hinsdale, IL.
Tue, 11 February 2014
Lowell Ponte is the co-author of the new book, "The Great Withdrawal: How the Progressives' 100-Year Debasement of America and the Dollar Ends."
Ponte joins the show to discuss how dishonest Obamacare is and whether Obama should be penalized for such an Act.
Ponte also shares his predictions for 2014.
Find out more about Lowell Ponte's previous book, "The Inflation Deception," at www.inflationdeception.com.
Lowell Ponte's diverse background includes being a reporter in Washington, D.C., a legislative aide in the California Assembly, one of two co-owners of a successful Hollywood public relations firm, a consultant and speaker for various corporations and trade associations, and dean of a distance-learning university.
He worked for 15 years as a roving editor for Reader’s Digest magazine. He has done reporting in 33 countries, from Indonesia and Israel to Communist Cuba. His articles have appeared in The New York Times, Wall Street Journal, Los Angeles Times and many other publications.
Ponte, a native of Southern California, hosted radio talk shows in Los Angeles for 17 years. More than 300 radio stations have carried his nationally syndicated radio shows. On television, Ponte worked for four years as commentator and reporter on KCET-TV, the West Coast Production Center of the Public Broadcasting Service (PBS) in Los Angeles.
Ponte is author of "The Cooling" (Prentice-Hall), a prophetic investigation of global climate change and environmental modification warfare that has been used as a textbook at the U.S. military’s National Defense College. He is a former futurist for a Pentagon-consulted think tank, where he developed scenarios for exotic kinds of warfare and high-tech terrorism.
Ponte, who holds the equivalent of a master's degree in international relations and a Ph.D. in English, also is founder and President of several organizations, including the Jefferson’s Birthday Committee dedicated to making Thomas Jefferson’s April 13 birthday a “National Holiday for Taxpayers.”
He and his wife, Ellen, a screenwriter and veteran script analyst for several major Hollywood studios, live at the beach in Southern California.
Mon, 13 January 2014
Jack Gerard is the CEO of the American Petroleum Institute. He joins the podcast to discuss the economic impacts of the predicted capital investments in oil and natural gas. He also gives his outlook on the oil & gas industry in 2014 and beyond.
Gerard explains how the latest oil numbers affect jobs. He dissects whether the Obama energy agenda is that of "command and control", and if the U.S. is becoming self-reliant?
Gerard finally addresses the myths about prices at the pump being controlled by market factors out of the oil industry's control.
Find out more about the American Petroleum Institute at www.api.org.
Jack N. Gerard is president and CEO of the American Petroleum Institute, the national trade association that represents all aspects of America’s oil and natural gas industry.
Gerard has led API since November 2008, expanding its membership and influence in all 50 states and globally, adding offices in Dubai and Singapore to its operations in Beijing, enabling API to better inform the public and policymakers on important energy issues. API's Washington presence is the foundation for the oil and natural gas industry's advocacy and outreach at state, federal and global levels on public policy, standards and certification programs, and as the source for information on industry best practices.
Gerard is recognized by numerous publications and his peers as one of Washington's most influential advocates. Washington Life magazine named him one of the city's "Power 100" and a Fortune magazine profile said Gerard's effort to build a 50-state advocacy network for the oil and natural gas industry was "showing signs of success" through its outreach to workers and non-traditional allies.
Prior to joining API, Gerard served as president and CEO of the American Chemistry Council, and earlier held the same position at the National Mining Association. Gerard also spent close to a decade working in the U.S. Senate and House. He came to Washington in 1981, and worked for Rep. George Hansen. He also worked for Sen. James A. McClure, who chaired the U.S. Senate Energy and Natural Resources Committee.
Sen. McClure retired in 1990, and Gerard joined him in founding McClure, Gerard & Neuenschwander, Inc., a Washington, D.C.-based government relations consulting firm. Gerard served as Chairman and Chief Executive officer and focused on issues such as international sports, telecommunications, energy and mining.
He serves as a board member and is a past chairman of the National Capital Area Council - Boy Scouts of America, is a board member and former chair of The George Washington University's Graduate School of Political Management, is chairman of the board of directors for the Congressional Coalition on Adoption Institute, and is a member of the Conservation Fund's Corporate Council.
As the industry's national trade association, API has over 500 members. They range from the largest major oil company to the smallest of independents and represent all segments of the industry.
Gerard was born and grew up in Idaho. He holds a Bachelor of Arts in Political Science and a Juris Doctor from George Washington University. Gerard lives in Virginia with his wife, Claudette, and their eight children, including twin boys the family adopted from Guatemala.
Mon, 6 January 2014
Mark Langerman is the Managing Director of the Patriot Fund and CEO of the Empowerment Financial Group. He joins the podcast to discuss some household items that are helping the State fund terrorism. He also explains what Terror-Free Investment (TFI) vehicles are and how investors can invest terror free.
Langerman also believes American people need to do their part to punish companies that are willing to help Iran’s economy. he sees Iran having major threats against the US and the world.
Mon, 30 December 2013
Mary Mazzio is an award-winning documentary film director, Olympian, and former law firm partner. She's also the Founder and CEO of 50 Eggs, Inc. and director of the new documentary, "Contrarian."
Mazzio's new film, "Contrarian," chronicles the life of philanthropist and legendary investor, Sir John Templeton. Mazzio explains Templeton's investment philosophies and he influenced Warren Buffett.
The film is narrated by former Senator Fred Thompson. Mazzio explains his involvement.
John Templeton was also one of the first to begin investing in advancing spirituality. Templeton also funded research in the concepts around love and forgiveness.
Thu, 19 December 2013
"The Cow Guy" Scott Shellady is the Senior Vice President of Derivatives at the Trean Group. He joins the show to discuss where people should start when investing in tangible assets.
Shellady believes in SWAGER for investing, standing for Silver, Wine, Art, Gold, Energy and Real Estate. He thinks SWAGER investments are a good choice for current investors.
The topic then shifts to how boomers can prepare for retirement. Shellady explains the most common mistakes baby boomers make with their finances and what they do if they were laid off or fired during the recession to protect their retirement.
Visit the Trean Group at www.treangroup.com.
Mon, 16 December 2013
John J. Murphy is an award-winning author, speaker, business consultant, and “zentrepreneur”. He's the author of, "ZENTREPRENEUR: A Culture of Innovation and Fearlessness."
Murphy joins the show to explain what people can do to combine the power and discipline of Zen thinking with the execution of business and entrepreneurship.
Murphy believes people can capture good ideas and turn them into great results using kaizen. He explains how they can build trust and develop positive relationships with the gemba method.
Wed, 13 November 2013
Jeffrey Hirsch is President of The Stock Trader's Almanac, Chief Market Strategist of Magnet Æ Fund, and President of the Hirsch Organization. He's the author of "The Little Book of Stock Market Cycles" and "Stock Trader's Almanac 2014.
Hirsch tells us if we can expect a Santa Clause rally at the end of the year. He also explains whether the market is oversold.
He shares how traders can navigate political gridlock in 2014 and the effects the mid-term elections will have on the markets.
Finally, Hirsch gives his predictions on the Fed's moves for 2014.
Thu, 31 October 2013
Jim Bruce is the writer, director, and producer of "Money for Nothing: Inside the Federal Reserve." He tells Jason some of the mysterious workings of the U.S. Federal Reserve.
Janet Yellen is featured prominently in the film. Bruce shares his thoughts on her becoming the next Chair. He also discusses why he was so hard on Bernanke.
For more information on "Money for Nothing," visit www.moneyfornothingthemovie.org.
Wed, 9 October 2013
Kevin Armstrong is the former Chairman of the ANZ Group's Regional Investment Committee and former chief investment officer for ANZ Group's private bank. He's the author of, "BULLS, BIRDIES, BOGEYS & BEARS: The Remarkable & Revealing Relationship Between Golf & Investment Markets."
Armstrong explains how the rises and falls in the fortunes of professional golfers, and the emergence and decline of major stars such as Jack Nicklaus and Tiger Woods, reflected the ebb and flow of the stock market.
The answer provides a unique and powerful connection between golf and investment markets. The ‘pulses’ of two totally separate activities, golf and investing, have been so synchronized and connected, not just in modern times, but throughout history, and in a manner not found in any other sport?
Wed, 2 October 2013
Brandon Adams is a Teaching Fellow at Harvard and world champion poker player. He recently released, "Setting Sun: The End of U.S. Economic Dominance."
Brandon uses statistics to answer what tattoos, obesity, and America’s shrinking attention span have to do with our growing national debt. He also tells us why the financial choices all Americans make in the next five years will be critical to America’s survival.
Poker and economics have lots in common, and Brandon explains why he wrote a book on America’s financial collapse.
College graduate at the age of 19, with two Master’s (Finance & Real Estate). Brandon is now working towards his doctorate at Harvard Business School. he is also the of a poker novel called "Broke."
Fri, 27 September 2013
Ed D’Agostino is the GM of the Hard Assets Alliance and Publisher of Mauldin Economics. He joins the show to discuss the impacts he's seeing given recent developments in the buying and selling of gold and silver.
Despite the bear market in precious metals, demand for physical is still incredibly strong. Ed breaks down the difference between the paper and physical metals markets and talks about premiums for metals in this turbulent market. The Hard Assets Alliance is one of the few vendors that is able to control premiums from skyrocketing.
D'Agostino began his career in finance at a boutique investment house and later joined his largest client as Vice President of Business Development. In this capacity, Ed directed strategic growth initiatives while providing investment analysis and advisory services to the company’s principals.
Prior to joining Mauldin Economics, Ed was Managing Director at a consultancy focused on business development in the financial sector. He has been instrumental in the start-up and expansion of several businesses. Ed’s clients, including hedge funds, lenders, and investment publishers, relied on him to recruit and mentor analysts, develop controls and systems, and implement growth strategies.
In early 2012, Ed consulted with John Mauldin to develop the business plan for Mauldin Economics, and subsequently joined the company to build a strong editorial, research and analytical team. Ed and the growing team of analysts and financial editors at Mauldin Economics share a single-minded purpose—to produce the highest quality investment publications in the industry.
Tue, 24 September 2013
Lewis Schiff is the Executive Director of the Inc. Business Owners Council and author of, "Business Brilliant: Surprising Lessons from the Greatest Self-Made Business Icons."
Yahoo CEO Marissa Meyer recently laid down the jackhammer: all her employees must now report to the office... no more working at home. Schiff discusses this debatable cultural phenomena. He also breaks down entrepreneurship and how important ideas are to entrepreneurial success. Apparently, doing what you "love" will not necessarily give you the best return.
Lewis Schiff is the chairman and executive director of Inc. Business Owners Council. His new book, Business Brilliant: Surprising Lessons from the Greatest Self-Made Business Icons, was released in March, 2013. His new book, as well as his previous books, The Influence of Affluence and The Armchair Millionaire are based on research on best practices of high net worth and high-performing households.
Fri, 20 September 2013
Joe Peta is the author of, "Trading Bases, A Story About Wall Street, Gambling, and Baseball. He was a fifteen-year all-star Wall Street veteran trader, but decided to give up that lifestyle. Instead, he chose to improve on Moneyball's famed sabermetrics to place bets that would beat Vegas odds on Major League Baseball games. He ended up making a 41% profit over the 2011 season. Peta shares his strategies with Jason. He believes there is a far greater chance of making money betting on baseball than on football or basketball. Peta also talks about the influences Bill James and Nate Silver had on him and his work.
On the financial side, Peta explains Dick Fuld's rough charm as CEO of Lehman Brothers. As a former Lehman employee, he think the U.S. should have rescued Lehman. Now, it looks like Las Vegas should turn to Wall Street for ideas on ways to increase interest, traffic, and, ultimately, bets in their sports books.
Raised in West Chester, PA by a first generation Italian-American father who adopted baseball as a symbol of his love of America, Joe Peta quickly learned the joy of following the sport --- and the pain of being a 1970s-era Phillies fan. By the time he was a teenager, Joe felt certain that his heroes Mike Schmidt, Larry Bowa, Steve Carlton, et al would one day be his co-workers. While his father instilled a love of baseball in him, sadly, Joe inherited his mother’s throwing arm, so by the time he was in college he turned his career ambitions toward the glamorous and fast-paced life of a Certified Public Accountant. His new heroes were men like Bill James and Warren Buffett and Joe parlayed his love of numbers into an MBA from Stanford University. Even in business school, sports were never far from his mind. At Stanford, Joe penned columns in The Stanford Daily and The Reporter that earned him a following in spite of the constant references to Melrose Place, and his turning down the opportunity to interview campus golfer Tiger Woods to fruitlessly pursue an interview with Olympic Gold Medal winning swimmer Summer Sanders.
In 2011, while recovering from a massive leg injury which curtailed his trading career on Wall Street, Joe began writing Trading Bases, A Story About Wall Street, Gambling, and Baseball.
Joe lives in San Francisco with his wife and two daughters.
Fri, 6 September 2013
Jason speaks with Tres Knippa about Japan's looming debt and how to potentially profit from it. Learn more about Tes at www.shortjapandebt.com.
Thu, 5 September 2013
Rohan Mathew is the Founder of The Intersect Fund, which is a non-profit organization that helps low-income people get the financial help, training, mentorship and more to turn aspirations into real businesses. Rohan shares some of his success stories that stem from a big boom in micro-entrepreneurship. A small micro loan help turn a worker into a boss. Rohan assesses the state of entrepreneurship and its outlook for 2013 and also gives his tips for building a business from the ground up.
Visit The Intersect Fund at www.intersectfund.org/.
Mon, 2 September 2013
Robert Greene is probably the most famous author on power and strategy. His new book is titled Mastery.
Greene explains what can we learn from the lives and philosophies of historical figures like Sun Tzu and Napoleon. He also explains the best way to manipulate someone.
Through a mastery of subject, Greene believes everyone is capable of professional transcendence.
He also wrote a book with the rapper 50 Cent and thinks there is a lot to learn from the hood life.
Find out more about Robert Greene at www.powerseductionandwar.com.
Wed, 28 August 2013
Jason talks with financial expert Logan Mohtashami regarding the massive student loan debt problem and how students can make smarter decisions. They also discuss where the economy is going.
Logan Mohtashami is a senior loan manager at his family-run mortgage company, AMC Lending Group, which has been providing mortgage services for California residents since 1987. He has been an active trader in the stock market since 1996. His other passion is our political system in this country. Logan is also a financial columnist for Benzinga.com and his goal in his blog is to do what he can to provide readers with real time truthful information on the housing sector and finance.
Wed, 15 May 2013
Jason Hartman is joined by author, Scott Patterson to discuss high frequency trading, of which roughly 70 percent is driven by computers. Scott says the firms using artificial intelligence for high-speed trading make it nearly impossible for the little guy to compete in the markets. According to his book, Dark Pools, these robot systems trade in milliseconds. High frequency firms flood the market with buy and sell orders, effectively clogging up the system and posing a threat to other firms. For more details, listen at: www.JasonHartman.com. While this electronic exchange made the system more effective, one has to wonder if this trading style hasn’t become detrimental to the markets overall when trading successfully is defined by milliseconds. Scott coined the term “A.I. Bandits” to describe electronic high frequency trading. Scott also discusses the history of quant strategies based on his book, The Quants, a mathematical scientific approach to outsmarting Wall Street, which led to the recent financial crash. He calls the quant system “a classic tale of hubris.”
Scott Patterson is author of The Quants and his new release, Dark Pools, and is currently a reporter for The Wall Street Journal, where he covers financial regulation from Washington, D.C. He has also written for the New York Times, Rolling Stone and Mother Earth News. He has a Masters of Arts degree from James Madison University. He lives in Alexandria, Virginia.
Mon, 13 May 2013
Jason Hartman interviews Keith Fitz-Gerald, the Chairman of The Fitz-Gerald Group and Chief Investment Strategist at Money Map Press. More at: http://www.jasonhartman.com. A bestselling financial author, Keith's investment perspective is a daily feature for more than 500,000 Money Morning subscribers in 35 countries. A frequent commentator for financial news outlets including Fox Business, Bloomberg, CNBC Asia, Cavuto, Varney & Company, BNN, MarketWatch, and others, Keith Fitz-Gerald is among an elite handful of world-recognized experts on global investing.
Keith tours constantly on the financial lecture circuit alongside other legendary investor analysts including Jim Rogers, Steve Forbes, and Dr. Mark Faber and was lauded as a "Business Visionary" on the recent Forbes.com list. His engaging style and remarkable predictive record resonates with his audiences in North America, Europe, and Asia; investors and business leaders eager for Keith's insights into how colossal global economic, social, and political trends are disrupting the paradigms of the last 50 years to create the most extraordinary investment opportunities of our lifetimes. The investment community praised Keith's recent book Fiscal Hangover (Wiley) as "Essential reading for every serious investor" and "A brilliant, spirited explanation of the origins of the current mess and more importantly how you can cleverly turn the chaos to your advantage.". His upcoming book Tomorrow (Sutton Hart 2012) spotlights today's global trends and offers a roadmap for business leaders and investors to profitably navigate the turbulent waters of unprecedented global change.
Fri, 10 May 2013
Jason Hartman is joined by contributing author for GoldMoney.com, Alasdair MacLeod for a rousing discussion of the decline of the European economy, the mistakes of the European Central Bank and EU, and how “governments are eating their own children.” Alasdair makes a rather accurate comparison between the fall of Rome and the current economic disaster around the world, calling it the Nero influence. Governments continue to spend money and introduce new taxes that are detrimental to the people they serve. The ECB is now lowering collateral standards as they run out of quality collateral, such as taking on mortgage-backed securities, in exchange for helping banks and governments. For more details, listen at: www.JasonHartman.com. Alasdair said the real problem among Greece, Spain, Italy and other countries in crisis is that they are broke, yet they continue to meet to discuss increasing spending to build infrastructure and creating token taxes. Governments the world round are in a debt trap, including the U.S. Alasdair feels there is only one way to defer the imminent fall and that is for the Central Banks to come together and put into play quantitative easing. Governments would then need to seriously cut their excessive, wasteful spending.
Wed, 8 May 2013
Jason Hartman hosts an interesting interview with Professor Laurence Kotlikoff, author of The Clash of Generations: Saving Ourselves, Our Kids, Our Economy, regarding the problems with the economy and the effect that the astronomical national debt and government spending will have on generations to come. Listen at: www.JasonHartman.com. Professor Kotlikoff paints a picture of the magnitude of these issues very clearly, explaining that the fiscal gap is $211 trillion. He explains that we would have to raise every federal tax immediately and permanently by 64 percent or cut all non-interest spending by the government (Medicare, Social Security, defense spending, etc) by 40 percent. “The country is broke, totally broke,” says Professor Kotlikoff. He emphasizes that this applies to today, not 75 years down the road. Jason and Professor Kotlikoff also discuss why the 2007 quadrupled money base through money printing hasn’t hit the streets yet in the form of hyperinflation. Essentially, banks are being bribed to hold money reserves by the Fed. In simplistic terms, the Federal Reserve prints the money, lends it out at very low interest rates to the banks, and then the banks deposit it back with the Federal Reserve and get a higher interest rate. This makes banks more solvent over time without the public ever knowing what is going on. Professor Kotlikoff also talks about a proposal to fix the financial system, which he refers to as a fragile system, presently a “trust me” banking system where the public is unaware of what the banks are doing with their money.
Mon, 6 May 2013
Jason Hartman and returning guest, Dan Amerman discuss federal policies and interest rates, which hurts the savers and fixed income folks. The artificially low interest rates are not working and create higher prices through inflation. Listen at:www.JasonHartman.com. They also discuss inflation rates, in which the federal numbers are glossed over and do not match true inflation as experienced by the American citizens through food, fuel, and utilities. Manufacturers hide inflation by making products smaller. Jason and Dan then talk about rental housing and how to arbitrage the inflation. Dan explains how to turn the fed policies around to our advantage. It starts with understanding cash flow investing and setting your safety margin. When looking at cash flows, rather than being all about the price, it’s more about the interest rate when it comes to a mortgage. In the process of creating non-free-market interest rates for banks and for the federal government, the federal government has accidentally made available subsidized mortgage rates that are available if you can get the lending. It goes directly to your bottom line as the investor, resulting in much higher cash flows than you would see in a free market.
Fri, 3 May 2013
We are all confused about economic indicators and it’s critical that we understand the real figures, the direction of the economy, interest rates and their consequences, and much more. On this episode, Jason Hartman interviews Bernie Baumohl, author of Secrets of Economic Indicators, in regard to the numerous economic indicators and what is most useful. Bernie explains what a “business cycle” is and what happens during the cycle, how it comes full circle over time. For more details, listen at: www.JasonHartman.com. Bernie gives examples of stress points in the business cycle. People make mistakes, such as buying more inventory than they need or the economy can’t handle the demand of the people. More recently, we have seen longer periods of economic growth, but at a closer look, the mistakes that caused the worst economic crisis since the Great Depression are apparent. It was a “cauldron of fraud and wrecklessness,” says Bernie. Jason and Bernie touch on the subject of the Federal Reserve and the Gold Standard, citing what has been happening in Greece as an example of the limitations of a currency that is fixed and unmovable. Bernie feels that a country in economic trouble needs to have the flexibility to lower interest rates. They also discuss market sensitivity, the index, and the source of the leading market indicators.
Bernard Baumohl is chief global economist at The Economic Outlook Group. He is well known for being ahead of the curve in assessing the direction of the U.S. and world economy. Mr. Baumohl began his career as an analyst with the Council on Foreign Relations, a think tank specializing on international affairs. He later served as an economist at European American Bank with responsibilities to monitor the global economy and develop forecasts. Mr. Baumohl was also an award-winning reporter with TIME magazine who covered the White House, Federal Reserve and Wall Street. Apart from his role as chief global economist, Mr. Baumohl also teaches at the New York Institute of Finance and is a regular commentator on Public Television's Nightly Business Report. A sought after international speaker, Mr. Baumohl has been recognized for his forecasting accuracy. He has lectured at New York University and Duke University, and is often cited in the Wall Street Journal, Washington Post, New York Times, Business Week, Barron's, and the Financial Times.
Mr. Baumohl is author of The Secrets of Economic Indicators: Hidden Clues to Future Economic Trends and Investment Opportunities (Wharton School Publishing, 2nd edition). The best-selling book is winner of the Readers Preference Editor's Choice Award for Finance and has been translated into several languages, including Russian and Chinese. He is also a recipient of the John Hancock Award for Excellence in Financial Journalism, and is a member of the National Association for Business Economics and the American Economic Association. Mr. Baumohl holds an M.A. from Columbia University.
Wed, 1 May 2013
Jason Hartman is joined on this episode by Greg Farrell, author of Crash of the Titans: Greed, Hubris, The Fall of Merrill Lynch, and the Near Collapse of Bank of America, for a discussion of the economic crash and the resulting bailouts, as well as some of the inside dealings with some of the major banks, such as the buyouts by Bank of America. Greg explains how these banks that participated in the buyouts grossly underestimated the depth of problems in their own banks and in those they acquired. Listen at:www.JasonHartman.com. Greg relates his research on Merrill Lynch’s attempt in the 1980s to become more like Goldman Sachs and other Wall Street banks, which was to their detriment because they lacked the expertise for such business practices, and became involved in and in the middle of many of the scandals of the late ‘80s and early ‘90s. Like CitiGroup, they were in over their head. Jason and Greg discuss Wall Street in general and then specific financial groups regarding the recklessness and risky businesses, funds, etc, that they entertained to give the impression of higher rates of returns. As the plot unfolded, large bonuses to CEOs and high-producing brokers came into play, which encouraged an all or nothing attitude toward the company and fostered a “me” attitude versus long-term stability of the company. Greg also talks about what he calls the “Charlotte Mafia,” the clash of company cultures.
Greg Farrell is a correspondent for the Financial Times. In January 2009, he broke the news that Merrill Lynch had paid out its 2008 bonuses a month ahead of schedule, in December, even though Merrill was in the process of losing $28 billion for the year, and Bank of America needed an extra $20 billion in taxpayer funds to complete its acquisition of the firm. That story sparked an investigation by New York attorney general Andrew Cuomo. Greg is a past winner of the American Business Press’s Jesse Neal Award for investigative reporting and a recipient of the Knight-Bagehot Fellowship for business journalism. He earned a BA from Harvard University and an MBA from the Graduate School of Business at Columbia University.
Mon, 29 April 2013
Jason Hartman interviews returning guest and founder and CEO, Harry Dent, Jr., of HS Dent, an economic think tank and research company, about the next coming crash. For more details, listen at: www.JasonHartman.com. Mr. Dent accurately predicted the boom of the 1990s, which was contrary to what many other forecasters predicted. He explains why America is on a path to the next Great Depression through its mounting debt to boost the economy. He talks about how the U.S. creates bubble after bubble in all areas, such as the housing bubble, the gold and silver bubble, the commodity bubble, etc. Trillions of dollars in stimulus money has poured forth from the government, along with the lowering of interest rates, thereby inciting inflation that will continue to grow with the current system of bailouts and lack of lending. He also discusses the peaks and deflation of spending with the switch between the Baby Boomer and current generations, and how this will affect America's economic future. Mr. Dent also paints the dark picture of China’s future, where they are overbuilding just to keep their workers employed, which will become a worldwide crisis when their building bubble bursts. Jason and Mr. Dent talk about the condition of other countries and how everything interplays to lead to the next crash that Mr. Dent forecasts. He suggests some strategies for investors and what people might expect.
Using exciting new research developed from years of hands-on business experience, Harry S. Dent, Jr. offers a refreshingly positive and understandable view of the economic future. As a bestselling author on economics, Mr. Dent is the developer of The Dent Method - an economic forecasting approach based on changes in demographic trends. In all of his past books since 1989, Dent saw an end to the Baby Boom spending cycle around the end of this decade. In his book, The Great Depression Ahead, (Free Press, 2009), Harry Dent outlined how this next great downturn is likely to unfold in three stages, with an interim boom stage between 2012 and 2017 before the long-term slowdown finally turns into the next global boom in the early 2020s. He continued to educate audiences about his predictions for the next and possibly last great bull market, from late 2005 into early to mid 2010. Since 1992 he has authored two consecutive best sellers, The Roaring 2000s and The Roaring 2000s Investor (Simon and Schuster). In his latest book, The Next Great Bubble Boom, he offers a comprehensive forecast for the next two decades and explains how fundamental trends suggest strong growth ahead, followed by a longer-term economic contraction. Mr. Dent also publishes the HS Dent Forecast newsletter, which offers current analysis of economic and financial market trends.
Fri, 26 April 2013
oin Jason Hartman as he and author of "Quirk", Hannah Holmes explore human personality types and how they affect who we become, whether extroverted,
In the late 1990s, Hannah was recruited by the Discovery Channel Online for an experiment called live internet reporting. This grand experiment led her to distant and uncomfortable parts of the world, from hunting dinosaurs in Mongolia's Gobi desert, to the Montserrat Volcano Observatory, where fine volcanic ash ruined her computer and left her hair like a ball of jute twine. She also piloted the Alvin submarine around "black smokers" a mile and a half under the ocean. It was a glorious era until Discovery.com's plug was pulled. Hannah then went on to author several books, "The Secret Life of Dust," "Suburban Safari: A Year on the Lawn," and her recent book, "Quirk," about the many fascinating personality types. Hannah's blog can be found at www.HannahHolmes.net.
Wed, 24 April 2013
Join Jason Hartman and Investor Watchdog, Jack Waymire, for a discussion concerning the ethics of the financial services industry. According to Jack, the frequent lack of integrity undermines the achievement of investors’ financial goals. For more details, listen at: www.JasonHartman.com. Companies do not do what is best for you. They are very good at hiding information that they do not want their investors to know. Investor Watchdog investigates these companies and products, acting as a go-between for investors and advisors, answering frequently asked questions, such as, “How do I know I’m getting the right financial advice?” Jack shares examples of deceptive practices by various companies and how the executives that run the companies, i.e. Goldman Sachs, are insulated from accountability simply by paying fines rather than serving jail time for unethical and illegal practices. Jason and Jack touch on the subject of the Madoff Ponzi Scheme, where Jack talks about some of the evidence that was found, as a glaring example of unethical sales pitches and conman tactics. Jack also informs listeners of what deceptive sales practices to watch out for when dealing with financial advisors.
Jack entered the financial services industry as a financial consultant in 1976 for Warburg, Paribas Becker. He provided financial advice to companies, public entities, Taft-Hartley funds, endowments, and foundations with assets exceeding $7 billion. After spending two years with an investment firm, Jack co-founded Lexington Capital Management in 1983, a money management firm that wholesaled its services through wirehouses and regional broker-dealers. In 1989, Jack also founded a broker-dealer and built a national retail distribution system to market its products and services. Between 1996 and 2003, Lexington was sold to two larger financial service and technology companies. In his last position, Jack was President of Sungard Advisor Technologies. During these 20 years, Jack worked with thousands of investors and financial advisors and was responsible for providing services to individual investors with billions of dollars of assets.
In 2004, Jack left the financial services industry to market a book he authored: Who’s Watching Your Money? The 17 Paladin Principles for Selecting a Financial Advisor. Published in December, 2003, by John Wiley & Sons, his book was widely regarded as the first to provide an objective process investors could use to select higher quality advisors and to avoid the risks and consequences of bad advice from lower quality advisors. In 2004, Jack co-founded PaladinRegistry.com, a website that took selected content from his book and made it available to investors over the Internet. Later in 2004, a Registry of pre-screened, five star rated financial planners and financial advisors was added to the website. Paladin became the first online firm that vetted financial professionals for investors and provided comprehensive documentation for their credentials, ethics, business practices, and services. In 2008, Jack was instrumental in the development this blog site (InvestorWatchdog.com) that reports on investment risks that result from ethical conflicts in the financial services industry. Jack has appeared on CNNfn and over 100 national, regional, and local radio shows to talk about the subject matter of his book, the risk and consequences of bad advice, and Paladin’s free online solutions. He is also widely quoted in the print media including Forbes, BusinessWeek, Worth, and Kiplinger and is a columnist for Worth Magazine. Jack can be reached at Jack@InvestorWatchdog.com.
Mon, 22 April 2013
Despite popular belief, China is no longer a cheap place to do business with labor costs and real estate costs soaring. Join Jason Hartman as he interviews Shaun Rein, author of The End of Cheap China and Managing Director of China Market Research Group in Shanghai, about debunking common myths, such as China is stealing U.S. jobs. Many companies have begun doing business in China, due to what Shaun refers to as “capitalism on steroids.” Tune into www.JasonHartman.com for more details. Labor costs have increased in China to the tune of around 20 percent, and the government is trying to increase wages yearly over the next five years. Another factor affecting manufacturing costs over time is that fewer of the younger generation wants to be employed in manufacturing jobs, wanting to realize their white class dreams. China is also pushing middle class development to offset the manufacturing issue.
He is a columnist for Forbes on Leadership, Marketing, and China and for BusinessWeek's Asia Insight section. He is often featured in the Wall Street Journal, the Harvard Business Review, The Economist, The Financial Times, Newsweek International, Bloomberg, Time, and the New York Times. He is regularly interviewed by American Public Radio's Marketplace and NPR. He frequently appears to deliver commentary on CNBC's Squawk Box, Bloomberg TV, CBS News, and CNN International TV. Before founding CMR, he was the Chief of Research for venture capital firm Inter-Asia Venture Management. He also was the Managing Director, Country Head China for e-learning software company WebCT where he also ran the company's Taiwan and South Korean operations. He also served as the Assistant Director of the Centre for East Asian Research at McGill University. He earned his Master's degree from Harvard University focused on China's economy and received a BA Honours from McGill University.
Fri, 19 April 2013
Jason Hartman interviews author, former Wall Street senior banker, and best-selling investigative journalist, William (Bill) D. Cohan on the events that led up to the current economic crisis. Bill explains the choices that the big firms, such as Goldman Sachs, JP Morgan, etc, made regarding what type of institution they were going to be, the path of these firms that led up to the current crisis, and how they used the bailout money gifted to them. He said it was one big party on Wall Street, during which brokers were to bring in revenue using a lot of whacky products, until everything came crashing down. Huge bonuses were paid out from the revenue collected from unsuspecting clients. For more details, listen at: www.JasonHartman.com. Bill and Jason also discuss the Occupy Wall Street Movement. Bill expressed disappointment in the message of the movement, saying it isn’t clear and they need to learn how Wall Street really works so that they can be more effective in bringing about reform. Wall Street has been influencing what goes on in Washington and paying lobbyists and donating to congressional coffers so that they can get the regulations, or lack thereof, that they want, i.e. the Dodd-Frank Wall Street Reform and Consumer Protection Act. Bill talks about how the expansion of Wall Street into Middle Class America was not an accident, using the example of Merrill Lynch being a public company. This ultimately led to broken trust between Wall Street and Main Street, as people have now shied away from risk taking.
To solve the problems, Bill suggests changing the incentive system on Wall Street, in that it can no longer be okay to take huge risks with people’s money or get paid big bonuses whether they lose money for the firms or not, as well as going back to having to use their partner’s capital to operate. William D. Cohan offers audiences a unique, close-up perspective of the greatest financial crisis since the Great Depression. He combines deep knowledge of the investment banking world with the fine storytelling skills of an award-winning investigative journalist. Bill’s new book is titled Money and Power: How Goldman Sachs Came To Rule The World, a revelatory history of Goldman Sachs. His previous book, House of Cards: A Tale of Hubris and Wretched Excess on Wall Street, lays out in gory detail how the financial crisis began with the collapses of Bear Stearns and Lehman Brothers. The Last Tycoons: The Secret History of Lazard Frères & Co. won the 2007 Financial Times/Goldman Sachs Business Book of the Year Award for its candid revelations about how Wall Street works. He should know; he spent six years at the firm. Bill Cohan has a long-time insider’s in-depth knowledge of investment banking—he was a Wall Street banker for 17 years. In addition to his years as Associate and then Vice President at Lazard Frères, he was a Director in the Mergers & Acquisitions Group at Merrill Lynch and a Managing Director at JPMorgan Chase. He left JPMorgan to write The Last Tycoons, which appeared on the bestseller lists of The New York Times, The Wall Street Journal and USA Today. It edged out Alan Greenspan’s Age of Turbulence to win the FT/Goldman Sachs award. Bloomberg.com and The Evening Standard named it Book of the Year. William D. Cohan writes regularly for The New York Times, Vanity Fair, Fortune, The Daily Beast, ArtNews, and The Financial Times. His columns have also appeared in The Washington Post. He is a contributing editor for Bloomberg TV and is a contributor to Bloomberg View. His series of articles on the controversy of the ‘recently discovered’ Degas plaster casts in ARTNews won the Silurians 2011 Excellence in Journalism Award.
Be sure to check out our prior shows with Richard Kiyosaki, G. Edward Griffin, Peter Schiff, Doug Casey, Chris Mayer, T. Harv Ecker, Denis Waitley, John Stapleford, Addison Wiggin, Thomas E. Woods, and many more.
Wed, 17 April 2013
Join Jason Hartman and returning guest, Ellen Brown, author of Web of Debt, for a discussion of the United States’ debt ceiling, QE2, inflation, as well as a brief explanation of how money came to equal debt. Ellen explains why the debt ceiling is unconstitutional, how the government is legally committed to paying its debts. She points out the contradiction that has been for more than 100 years, since WWI. The easing put into place at that time was only to be a temporary measure. For more information, listen at: www.JasonHartman.com. Ellen also talks about shadow banking causing the crisis by money being lent into existence, slight of hand. The only real money are coins, which are one-tenth of the total money in circulation. Ellen also discusses QE2 , where the government agreed to pay the interest on borrowed money in order to maintain control of the Federal Funds rate. She said there are a lot of reserve funds on the books in certain foreign banks, including bond dealers, that is just being held. Ellen also touches on the national debt, Glass-Steagall, and proposes state-owned banks as part of the solution, with the basic idea that we take care of our own, much the same way that Japan is reliant on their own Central Bank.
Ellen Brown developed her research skills as an attorney practicing civil litigation in Los Angeles. In Web of Debt, her latest book, she turns those skills to an analysis of the Federal Reserve and "the money trust." She shows how this private cartel has usurped the power to create money from the people themselves, and how we the people can get it back. Brown developed an interest in the developing world and its problems while living abroad for eleven years in Kenya, Honduras, Guatemala and Nicaragua. She returned to practicing law when she was asked to join the legal team of a popular Tijuana healer with an innovative cancer therapy, who was targeted by the chemotherapy industry in the 1990s. That experience produced her book Forbidden Medicine, which traces the suppression of natural health treatments to the same corrupting influences that have captured the money system. Brown's eleven books include the bestselling Nature's Pharmacy, co-authored with Dr. Lynne Walker, which has sold 285,000 copies.
Mon, 15 April 2013
With an insurmountable national debt and a disastrous worldwide economy, could the United States still come out top dog? Join Jason Hartman and returning guest, Daniel Ameduri, inflation expert and Chief Strategist of FutureMoneyTrends.com, as they examine the possibilities and talk about Daniel’s predictions for the new year. Daniel explains the difference between price inflation, which, though we have inflation, we aren’t seeing it in everything yet, and hyperinflation, which is a total loss of faith in currency. He talks about how if we have deflationary shock, it won’t matter what the Federal Reserve does. People around the world will lose faith in America and the dollar will become worthless, and feels there will be some type of quantitative easing. Daniel notes that, in his opinion, the $20 trillion mark in our national debt will be the psychological level at which people stop buying our debt. Jason and Daniel also talk about resource wars as resources are becoming scarce. According to real data, oil has peaked, silver has peaked, as well as many other natural resources.
Fri, 12 April 2013
Join Jason Hartman as he interviews author and financial journalist Roger Lowenstein regarding the history of Wall Street’s demise. Roger talks about the increases in choice, risk, hedging, more volatility, and how free markets are open to speculation, greed, fear and manipulation. There are more markets today susceptible to booms and busts. In the old days, local bankers determined loan eligibility. Today, bankers internationally, who don’t know anything about their clientele, determine eligibility, often to the detriment of the borrowers. For more details, listen at: www.JasonHartman.com. Roger and Jason debate whether Wall Street needs more regulation or deregulation, and discuss the consequences of government interference. They also talk about many of the Wall Street mistakes and the corporations that were rescued by the bailouts and the unprecedented number of failed mortgages. They end their discussion with observations of the Occupy Wall Street movement.
Roger Lowenstein graduated from Cornell University and was a reporter for the Wall Street Journal for more than a decade, including two years writing it’s “Heard on the Street” column. He has published five books, including The End of Wall Street, When Genius Fails, and Buffet: The Making of an American Capitalist. He is also the director of Sequoia Fund. Roger is the son of Helen and Louis Lowenstein. His father was an attorney and Columbia University law professor who wrote books and articles critical of the American financial industry. Roger himself has also written numerous financial articles.
Wed, 10 April 2013
Join Jason Hartman and Andrew “Ranting Andy” Hoffman, Miles Franklin’s Marketing Director, as they discuss the new game on Wall Street with its evil derivatives and destructive investment advice. Andy says Wall Street is no longer in the business of destroying retailers. Ever since the repeal of the Glass-Steagall Act, they’ve been in the business of destroying countries and taking power. Andy talks about Goldman-Sachs infiltration into political positions in other countries, and the infiltration into municipalities by other big Wall Street thugs, such as JP Morgan. For more details, please visit: www.JasonHartman.com. There is no more retail stock market and the consequence is record unemployment numbers. The government has been in bed with Wall Street and pushing out propaganda for years, but people are fed up with the game and the government is on the defensive.
Andy also shares his expertise about the Gold Cartel and explains how the COMEX is a charade, controlled by the likes of Goldman-Sachs, causing people to lose confidence in the trades due to the wide spread between paper and physical gold. Andy warns that we need to protect ourselves as people become more disgruntled and distrusting, while the potential exists for the government to respond by tightening down the shackles with economic and perhaps even military martial law. Andy calls this the “end game” and people need to be prepared as citizens and nations lose their sovereignty. The paradigms that everyone has been taught about stock markets and home ownership don’t apply anymore. Things are falling apart right now as the dollar continues to lose value through the non-stop printing presses. The only real money is in the form of gold and silver, and only if you own it physically. It’s time to simplify.
Andrew ("Andy") Hoffman, CFA, joined Miles Franklin as Marketing Director in October 2011. For a decade, he was a U.S.-based buy-side and sell-side analyst, most notably as an II-ranked oil service analyst at Salomon Smith Barney. Since 2002, his focus has been entirely on Precious Metals, and since 2007 has written under the moniker "Ranting Andy." Prior to joining the company, he spent five years working as an Investor Relations officer or consultant to numerous junior mining companies. An archive of Andy's "RANTS" can be found on the Miles Franklin Blog.
Mon, 8 April 2013
Join Jason Hartman and Doug Casey of Casey Research for a candid discussion about the condition of America and what is to come. Doug feels we needed a depression, but it doesn’t have to be as long and dismal as it’s going to be for most people. The U.S. government has gone about everything completely opposite of the right way; it’s totally bankrupt. They’re selling money/debt to the Federal Reserve because no other country in the world wants to buy our devalued American dollar. Doug feels for the average American because he/she is not going to profit from it and is going to be turned into a common serf. Pension funds are in trouble and are nothing more than the government’s scheme to finance its debt. Listen in for more information at www.JasonHartman.com.
We may see more wars in the future as politicians look for someone to blame, as happened in the Great Depression of the 1930s. The rich will be those that own real estate around the world. Doug feels it’s too early to buy U.S. real estate unless it’s bought with low-interest, fixed-rate mortgages because the debt will be inflated away. Sharing a position with Jason, Doug is not a fan of the stock market and feels that commodities are going to eventually bottom out with all of the new nanotechnology. While he’s still bullish on commodities because he’s bearish on the dollar, Doug recommends buying real estate in other parts of the world, using Rothschild’s philosophy of buying when blood is running in the streets. Our biggest enemy is our government, so people must diversify politically, geographically, internationally, and most Americans don’t know anything about it. Looking at stocks, while Doug wants nothing to do with them for the most part, he sees mining stocks moving. They’re relatively cheap right now and while they’re a speculative venture, with thorough research, one can find a few good mining companies that are seeing strong returns.
Inflation is going to get a lot higher because the government has no choice but to print money to pay its debts. It’s the 11th hour and now is the time to act, to position yourself to ride out the storm. Doug’s guess is that when all of this bottoms, mortgage money will not exist and people the world over will have to purchase property with cash. They will be paying real value versus the inflated values of mortgage companies. Doug expresses his concern that our current economic situation is very serious. As he looks around, he doesn’t see any real bargains. We’re still in the eye of the hurricane, and he forecasts that as we go back into the storm, it’s going to be a lot uglier than it was in 2008. He calls this the Greater Depression. This is a time when you don’t want to be rooted to a spot like a plant. In turbulent times, plants usually get eaten up. Doug is a widely respected preeminent authority on “rational speculation,” especially in the high-potential natural resource sector. He is a high respected author, publisher and professional investor, and graduated from Georgetown University in 1968. Since that time, Doug has literally written the book on profiting from times of economic turmoil. He is the author of Crisis Investing, which spent multiple weeks on the New York Times bestseller list in the No. 1 position, and became the best-selling financial book of 1980. Doug also authored Strategic Investing, breaking the record by receiving the largest advance ever paid for a financial book at that time. Doug’s next book, The International Man, was the most sold book in the history of Rhodesia. Doug Casey has been a featured guest on such TV shows and radio shows as David Letterman, Merv Griffin, Charlie Rose, Phil Donahue, Regis Philbin, Maury Povich, NBC News and CNN. He has also been the topic of numerous features in periodicals, such as Time, Forbes, People, and the Washington Post.
Doug divides his time between homes in Aspen, Colorado, Auckland, New Zealand, and Salta Argentina. He has written newsletters and alert services for sophisticated investors for over 28 years. He has lived in 10 countries and visited over 175. In addition to having served as a trustee on the Board of Governors of Washington College and Northwoods University, Doug has been a director and advisor to nine different financial corporations. Doug is currently the founder of Casey Research, a research company that watches every sector, looking for opportunities in the world. Casey Research is a believer in free markets and understands the fundamental reality that the more a government interferes in a market, the more likely there will be consequences…negative for those unaware, but positive for those who are aware. More details about Casey Research can be found at their website: http://www.caseyresearch.com/cwc. Also, this PDF is from Doug's view of War on Terror: http://my.caseyresearch.com/pdfs/crTcr20111116102350.pdf?ppref=RIV012SR1211A
Fri, 5 April 2013
Join Jason Hartman and author and chief economist at Blackhorse Asset Management in Singapore, Richard Duncan, as they discuss the global economic crisis, how it came about, where we are now, and what happens next. Richard talks about the history of the Great Depression and how we’re back in that same spot today. Listen at: www.JasonHartman.com for more details on Quantitative Easing 2 and how it is the government’s “fix” to keep the USA out of another depression, and what will potentially happen when QE2 ends. Richard also shares his solution to permanently end the crisis.
Richard Duncan is the author of The Dollar Crisis: Causes, Consequences, Cures, his prediction of the current global economic disaster, and his new book, The Corruption of Capitalism, a strategy to rebalance the global economy and restore sustainable growth. Richard is an equities analyst, beginning his career in Hong Kong in 1986, and has served as global head of investment strategy at ABN AMRO Asset Management in London, worked as a financial sector specialist for the World Bank in Washington, D.C., as well as headed equity research departments for James Capel Securities and Salomon Brothers in Bangkok and worked as a consultant for the IMF in Thailand during the Asia Crisis. His current position is chief economist at Blackhorse Asset Management in Singapore. Richard graduated from Vanderbilt University in literature and economics, and Babson College in international finance. He spent a year between the two universities backpacking around the world.
Richard Duncan has appeared on many major media outlets, including CNBC, CNN, BBC, Bloomberg Television, and BBC World Service Radio. He has published articles in The Financial Times, The Far East Economic Review, FinanceAsia and CFO Asia. He is a well-known speaker, having appeared before The World Economic Forum’s East Asia Economic Summit in Singapore, The EuroFinance Conference in Copenhagen, The Chief Financial Officers’ Roundtable in Shanghai, and The World Knowledge Forum in Seoul.
Wed, 3 April 2013
Whether it’s your spouse, significant other, family, friends, or even business associates, each individual speaks his or her own love language. “The Five Love Languages” are: Words of Affirmation, Quality Time, Receiving Gifts, Acts of Service, and Physical Touch. Understanding which of these languages makes that special someone feel loved can be essential to the success of any relationship. Join Jason Hartman and renowned author, Dr. Gary Chapman as they discuss these timeless concepts and how our primary language affects our interactions in our relationships. Please visit:http://www.jasonhartman.com/podcast.
Dr. Gary Chapman seeks to fulfill his call to the ministry as a pastor, speaker, and author. He speaks extensively throughout the U.S. and internationally on marriage, family, and relationships. The government of Singapore invited him to present his marriage seminar there and the Chaplain’s Office of NATO issued a special invitation for Dr. Chapman to speak to the NATO forces in Germany. Other engagements have taken him to England, Africa, Saudi Arabia, Turkey, Mexico and Hong Kong. Sales exceeding 5 million copies earned him the Platinum Book Award from the Evangelical Publishers Association for The Five Love Languages, which has been translated into over thirty-six languages. Twenty-seven other books and five video series are also among his publications.
Wed, 3 April 2013
Jason Hartman talks with Chris Mayer who is managing editor of the Capital and Crisis and Mayer’s Special Situations newsletters. He also is a contributor to the Daily Reckoning. Visit:http://www.jasonhartman.com/podcast/ or search Jason Hartman in the iTunes Store for more. Graduating magna cum laude with a degree in finance and an MBA from the University of Maryland, he began his business career as a corporate banker. Mayer left the banking industry after ten years and signed on with Agora Financial. His book, Invest Like a Dealmaker, Secrets of a Former Banking Insider, documents his ability to analyze macro issues and micro investment opportunities to produce an exceptional long-term track record of winning ideas. Mayer’s commentary has been featured by MarketWatch, Russia Today TV, the Atlanta Journal-Constitution, and the Huffington Post. http://dailyreckoning.com/author/chrismayer/
Tue, 2 April 2013
Join Jason Hartman and coauthor of Aftershock, Robert Wiedemer as they discuss the fundamental underlying problems of printing money, the inevitable results, and how investors can still profit as the world heads toward yet another global economic crisis. Robert talks about the effects of the government bubble and the dollar bubble, when we can expect these to pop once again, and how these events will affect our government and the world. To learn more, visit: http://jasonhartman.com/radioshows/. Mr. Wiedemer is a Managing Director at Absolute Investment Management and co-wrote the landmark book that predicted the current downturn in the economy in 2006, America’s Bubble Economy, published by John Wiley. As Paul Farrell, Senior Investment Columnist at Dow Jones MarketWatch recently said, “In short, America's Bubble Economy's prediction, though ignored, was accurate.” Kiplinger’s chose it as one of the best business books of 2006.
His following book, Aftershock, was published by John Wiley in November 2009. It was chosen by Smart Money magazine as one of the five best investment books of 2009. Aftershock and America’s Bubble Economy have been the subject of articles in the major press including the Wall Street Journal, Financial Times, The Hedge Fund Journal, Euromoney, Barrons, Reuters, AP, Bottom Line and others. Aftershock is in its 16th printing and has sold over 250,000 copies. He speaks to groups of investors, financial analysts and economists including the New York Hedge Fund Roundtable, Association for Corporate Growth, The Turnaround Management Association, the World Bank, the CFA Societies of Chicago and San Francisco, and the National Press Club. He is a frequent commentator on TV including CNBC’s Squawk Box and Fox Business News.
Tue, 2 April 2013
Jason Hartman talks with Daniel Amerman about the likely results of the recent multi-trillion dollar increase in the debt limit. Dan is a Chartered Financial Analyst with MBA and BSBA degrees in finance. More at: http://jasonhartman.com/radioshows/. He is a financial author and speaker with over 25 years of professional experience. Years of studying the costs of paying for over $100 trillion of US government retirement promises, as well as the costs of cashing out an expected $44 trillion of Boomer pensions and retirement accounts, have convinced him that too many promises and too much paper wealth chasing too few real resources will likely lead to substantial inflation in the years ahead, with potentially devastating implications for many savers and investors. A problem that will also apply to many other nations.
Mr. Amerman spent much of the 1980s as an investment banker helping Savings & Loans and others try to survive the effects of the last major bout of inflation in the United States. There is a basic economics principle that much of the public is unaware of – inflation doesn’t directly destroy the real wealth of goods and services, but rather, redistributes the rights to that real wealth (a principle which unfortunately will likely destroy much of the investment wealth the Boomers plan on enjoying in retirement). The author worked with the effects of billions of dollars of such wealth redistributions, and saw how there was not only a loser for each dollar of wealth redistributed – but a winner.
Mon, 1 April 2013
Jason Hartman talks with James Anderson, managing director of GoldSilver.com, about the historical cycles of gold and silver and other precious metals, against the monetary cycles. As the world’s fiat currencies continue to be debased through inflation, regulation, and irresponsible spending, precious metals investing is on the rise. But do you physically own your gold? Join Jason and James as they revisit the history of market cycles, talk about where the future of precious metals is heading, and discuss why people must take physical ownership of gold and silver . Learn more at: http://jasonhartman.com/radioshows/.
Surely, many of you have seen and heard the ads, “We Buy Gold.” What do these gold buyers know that the public doesn’t? James explains why you should NOT sell your gold or gold jewelry now. After his first exposure to Austrian Economics at the Loyola University New Orleans with his favorite business professor, Dr. Walter Block, James Anderson received his BA in Finance in 2002. He spent two years traveling and working throughout Latin America where he witnessed first-hand the dramatic effects of the 2001-2002 Argentine currency collapse. In 2007, James became heavily involved with Dr. Ron Paul's 2008 presidential run where he further awakened to our monetary history and the fractional reserve banking. James has since been very interested in free market economics, tangible assets, and sound money investing, seeing his work as a humanitarian effort to educate mankind on the importance of gaining financial independence and freedom.
Mon, 25 June 2012
Jason Hartman talks with Bill Whittle, host of Afterburner, regarding poverty levels in the United States and the strategies that undermine democracy and free markets. Bill’s opinion is that America has the richest poor people in the world, versus countries like Africa, where millions of people live in dire poverty, with starvation and lack of [...]
Sun, 11 March 2012
A look at Jason's Ultimate Investing Equation followed by Daniel and Gerard Adams for The National Inflation Association (NIA) recently featured on Inside Edition and ABC World News Tonight with Charlie Gibson, The Wall Street Journal, MSNBC, ABC's Nightline, KTLA News and CNBC. After being ignored by family and friends about the coming stock market [...]
Mon, 6 February 2012
Jason explores some ways to get out of a bad property then he interviews author/attorney Mark Kohler about his book “Lawyers Are Liars: The Truth About Protecting Our Assets.” Visit: www.AmericanMonetaryAssociation.org. Mark is an attorney, CPA and entrepreneur who has owned numerous businesses since high school, through college and even as a professional. Mark’s principal [...]
Wed, 21 December 2011
Most of us spend lots of time shopping around for the best deal on the things we buy while spending more money on taxes than anything else. Why not “shop around” to save money on life’s single largest expense? Join Jason as he talks with famed CPA, Diane Kennedy, about the tax strategies of wealthy [...]
Sun, 20 November 2011
No, the above title is not a typo. According this week’s Creating Wealth Show guest, John Stapleford, it is possible for ethics and public policy to have a direct correlation. Visit: http://AmericanMonetaryAssociation.com. Stapleford is not only a senior economist for Moody's Economy.com, professor emeritus of economic development at Eastern University and former director of the [...]
Tue, 11 October 2011
Whether it’s your spouse, significant other, family, friends, or even business associates, each individual speaks his or her own love language. “The Five Love Languages” are: Words of Affirmation, Quality Time, Receiving Gifts, Acts of Service, and Physical Touch. Understanding which of these languages makes that special someone feel loved can be essential to the [...]
Thu, 9 June 2011
No, the above title is not a typo. According this week’s Creating Wealth Show guest, John Stapleford, it is possible for ethics and public policy to have a direct correlation. Visit: http://americanmonetaryassociation.org/category/audio-podcast/. Stapleford is not only a senior economist for Moody's Economy.com, professor emeritus of economic development at Eastern University and former director of the [...]
Tue, 26 April 2011
How could the best and brightest in finance crash the global economy and then get us to bail them out as well? Hmm…This is a great question answered by Les Leopold in this episode of The Creating Wealth Show with your host, Jason Hartman. Visit: http://americanmonetaryassociation.org/category/audio-podcast/. Les Leopold co-founded and currently directs two nonprofit organizations, [...]
Thu, 17 March 2011
Listen in as Jason Hartman talks with Thomas Sowell from the Hoover Institution. More at: http://americanmonetaryassociation.org/category/podcast/.
Thu, 10 February 2011
How will you stay on top of your finances with the coming economic uncertainty? Your best bet is to continue listening to The American Monetary Association Show as your host, Jason Hartman, discusses cutting edge financial topics with experts in the field. Visit: http://americanmonetaryassociation.org/category/podcast/. For example, this episode’s very special controversial guest is Mr. Howard [...]
Mon, 31 January 2011
Throughout the world, businesses are failing, families are losing their homes, their livelihoods and their futures. Is the financial system and its so-called leaders to blame? James West and his film, Crime of the Century, seek to illuminate the players, methods, history and present configuration of financial disaster that prevents the average citizen from investing [...]
Mon, 10 January 2011
Jason interviews Robert R. Prechter, Jr., CMT, President of Elliott Wave International (EWI), the world’s largest market forecasting firm. Visit :http://americanmonetaryassociation.org/category/podcast/.EWI’s 20-plus analysts provide around-the-clock forecasts of every major market in the world via the internet and proprietary web systems like Reuters and Bloomberg. Mr. Prechter began his professional career in 1975 as a Technical [...]
Fri, 7 January 2011
Listen is as Jason interviews Harry Dent. Visit: http://americanmonetaryassociation.org/category/podcast/.
Wed, 24 November 2010
Has the dollar really lost its supreme place in the world? Listen in as host, Jason Hartman, discusses this subject with long time foreign exchange expert, Marc Chandler. In this episode, Chandler explains why so many are wrongly defining current conditions of both the dollar and the U.S. economy. Visit http://americanmonetaryassociation.org/category/podcast/. Chandler joins us from [...]
Tue, 16 November 2010
American Monetary Association is pleased to interview the gracious and scholarly G. Edward Griffin author of the masterwork The Creature from Jekyll Island an American film producer, author, and political lecturer. Starting as a child actor, Griffin became a radio station manager before age 20. After writing for the 1968 Wallace campaign, he began a [...]