379: The Great Demographic Reversal, Ageing, Inequality & Inflation Revival by Charles Goodhart (Goodhart’s Law)
Release Date: 12/11/2020
398: Thou Shalt Maintain Control of Your Investments
American Monetary Association
There are many different ways to invest your money. What's the difference between things like REITs and simply purchasing a single family rental? Both of them are, technically, investing in real estate, but only one of them gives you a multi-dimensional asset that you can control. Jason Hartman dives into the two investments to see the pros and cons of each. Website:
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397: Is It Time for Universal Basic Income? with Mike Munger
American Monetary Association
When a libertarian is saying it may be time for Universal Basic Income (UBI), does that mean it's come mainstream? Mike Munger, Professor at Duke University and author of the new book Platforms: The Perils and Promise, joins Jason Hartman to discuss the potential of a $15 minimum wage, and what that would do to the economy vs what a UBI could do. The two also discuss asset prices, monopolies, and what HAS to be fixed with our current version of capitalism. Key Takeaways: [2:47] What is the 3rd revolution [8:17] Why Mike is in favor of Universal Basic Income [12:48] How do you find the ideal...
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396: Interest Rates & Housing Inventory with Doug Utberg
American Monetary Association
Jason Hartman joins Doug Utberg on The Terminal Value podcast to talk economics of the day. The two discuss how you truly grow wealthy in the United States, whether we're really in a low inflation environment, the impact of low interest rates, and more. Key Takeaways: [4:05] The REAL way you grow wealthy. There's only 2 ways. [10:11] There's more inflation that we're being told [16:10] When you adjust the numbers to current value, real estate has gotten cheaper the last 14 years [20:57] Low interest rates will kill supply in the coming years as people won't want to give up their low interest...
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395: The New Age of Gold with Stephen Leeb
American Monetary Association
Jason Hartman talks with Stephen Leeb, author of the new book China's Rise and the New Age of Gold, as well as The Coming Economic Collapse, about why commodities are in such demand and what that means for investors moving forward. The two also examine how we're going to get 6.5 BILLION people into the middle class. Key Takeaways: [3:05] The world is at a turning point [10:48] Real, physical assets are in short supply and GREAT demand in today's environment [17:00] Gold has outperformed the S&P by 100% in the last 20 years Websites:
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394: Blockchain Domains, Unstoppable Domains with Matthew Gould
American Monetary Association
Jason Hartman interviews Matthew Gould of . Matthew Gould talks about different domain extensions that liken themselves to early adopters of the new decentralized web. Is China launching its own digital currency with a higher transaction speed, and could this affect the dollar? Gould works to ensure that the people, not the government or the big-tech corporations, get to define the internet in the modern world. Key Takeaways: [2:20] People can move cryptocurrency around easier with over 50 different cryptos. [3:30] Gould speaks on the free speech concerns online. [6:15]...
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393: Income Property Client Case Study Chad Hewitt
American Monetary Association
Chad Hewitt appropriately and humorously likens his scaffolding business to a short-term rental property. This Rich Dad, Poor Dad inspired investor shares his real estate story with the Hartman Network. Key Takeaways: [1:15] Owns a scaffolding business is quite similar to owning a short term rental company. [2:10] Triple net leases simply mean that all expenses pass through to the tenant. [3:30] Originally inspired by Rich Dad, Poor Dad. [7:00] Triple net vs. individual residential real estate. [11:20] Anyone with a decent paying job can get past the 16k barrier...
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392: Inflation’s Coming, Housing Collapse or Boom? Ken McElroy
American Monetary Association
You don’t need a booming housing industry to make money, just a good strategy. Ken poses the question, when the dust settles, which businesses will still be standing, and where will the concentration of people be? Jason Hartman predicts a strain on the housing supply in the not-so-distant future as he postulates that few will be incentivized to get rid of a home loan with such historically low-interest rates. Key Takeaways: [2:00] How much has life changed in the recent 10, 20 years? [3:30] The tech companies are likely to be broken up. [5:00] You can make money in any...
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391: Real Estate Wealth Formula with Dan Amerman
American Monetary Association
Wealth is created with compound interest, making your dollar work for you. Dan Amerman talks with Jason Hartman about understanding, The Homeowner Wealth Formula. Dan says, “one way at looking at the mortgage is that it’s a short against the dollar.” The primary question; is your home an investment? Books: Key Takeaways: Daniel Amerman [1:30] Is your home an investment or an expense? [3:30] How can we better understand these home price indices? [7:10] The results of the exhaustive research are incredibly positive. Find out more. [9:20] “One way at...
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390: Side Hustle Nation, How to Turn Your Spare Time into $1000 a Month or More by Nick Loper
American Monetary Association
Nick Loper of Side Hustle Nation joins Jason Hartman to discuss three different business models, from sales to services, everything from knife sharpening to pooper scooping. Build a side hustle to fund your vacation or fund your next investment property. Nick Loper is host to a podcast and author of a couple of books. His creative approach to building business outside of the standard brick and mortar has inspired thousands. Books: , Key Takeaways: [0:45] Nick jokes that one of the best ways to build your side hustle is through a self-published book with extremely long...
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389: Saifedean Ammous Discusses The Bitcoin Standard, Time Preference
American Monetary Association
Saifadean Ammous, the author of , joins Jason to explain the three basic functions of money and why this matters with Bitcoin. Will Bitcoin push out the role of central banks? If so, why would the government let Bitcoin exist? Saif continues discussing the government’s role or ability to have a role in cryptocurrency, specifically Bitcoin. As well, what is time preference, and how does it differ from inflation? Key Takeaways: Saifadean Ammous, author of [1:00] Money has three basic functions of money: [3:45] How does Bitcoin act as a base layer of money, similar to the...
info_outlineCharles Goodhart and Manoj Pradhan join today to elaborate on a significant global prediction that low-interest rates won’t last. When they go away, it will place substantial hardship on the economy. Charles and Manoj authored the book The Great Demographic Reversal, a book that will outline the rise in inflation and interest rates but lead to a pullback in inequality. Ultimately, Charles Goodhart shares Goodhart’s Law.
Books: The Great Demographic Reversal: Ageing Societies, Waning Inequality, and an Inflation Revival
Key Takeaways:
[2:00] It’s a time to be thankful.
[3:20] The Fannie Mae loan limits are going to be increasing!
[4:15] Jason Hartman Flash Briefing: The Story of Inflation
[7:50] How are Manoj and Charles connected?
[10:20] How have globalization and technology influenced inflation?
[13:45] The debt ratios around the world have been jumping up very sharply.
[14:00] Will interest rates go up?
[15:00] The best way to get out of debt is to grow faster.
[17:00] Japan is aging itself out of existence with its extremely low birthrates.
[18:20] Robots won’t do; we need a reallocation from one part of the economy.
[22:00] Why is the dependency ratio so important?
[23:45] The way Japan has been treated has been symptomatic of many of the analysis problems that we see in the global economy.
[25:45] Manoj comments on what allowed Japan’s debt to get so high.
[27:25] One result of the pandemic was that every country becomes more national and self-reliant.
[29:45] Are we moving into an era of stagflation?
[30:15] What kind of inflation is coming? US or Global? And how much?
[35:00] Goodhart’s Law
Websites:
Jason Hartman PropertyCast (Libsyn)
Jason Hartman PropertyCast (iTunes)
1-800-HARTMAN