Justin Mohr Show
104 episodes - English - Latest episode: over 1 year ago - ★★★★★ - 112 ratingsWe must make the moral case for capitalism and the free market! We must go on offense and stop going on defense everytime someone argues about the "evils" of the free market and capitalism. This is the only way to fight back against these people who think they have the moral high ground! And we can! The truth and history is on our side. John D. Rockefeller and Henry Ford made life better for the average Amercian, not worse. We must be able to argue and pursuade people and show them that capitalism is the most moral system. When the rich get richer it doesn't hurt the poor, instead it makes the poor better off. To get rich in a captialist system means we must provide a good/service that people want and will make them better off. Henry Ford didn't get rich by selling cars only to the rich. He got rich when he made a car cheap enough that the average American could afford. And look at how the car revolutionized society and how much freedom it gave to the individual. We must fight for this! Listen to my podcast and together we can DEFEND THE FREE MARKET!!!
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Episodes
Surviving the rampant inflation in Argentina: My personal experience and how to survive it when it comes here!
September 05, 2022 21:02 - 36 minutes - 33.8 MBThe inflation rate in Argentina is around 75% and will be over 90% by year end. I paid cash for everything while there and it was cheap! Average meal would cost you $3. Want a bottle of wine with dinner? You’re looking at $3 for a bottle. I also experienced some gas lines and surprise, surprise they ran out of money! If you don’t protect yourself, inflation will wipe out any savings you do have. In this episode I talk about ways to do just that. You won’t only survive but you will thrive!
Interview with Billionaire Jim Rogers
July 27, 2022 21:11 - 10 minutes - 9.86 MBInterview with the legendary billionaire investor, Jim Rogers. His insights on the economy and life in Singapore and why he's had his daughters learn Mandarin. Instead of panicking with the rest of the crowd, Jim likes to sit back and let things unfold and buy when there's free money in the corner of the room just asking to be picked up. His simple advice works but emotionally can be very hard to do and it's why most investors fail.
What libertarians can learn from Rush Limbaugh
February 26, 2021 21:07 - 40 minutes - 37.2 MBConservative talk show host legend, Rush Limbaugh died on February 17, 2021. Rush was an inspiration to millions and his show created a deep connection with his listeners deeper than any show out there. He had a way of connecting with people that was powerful. There’s a lot we can learn from this. How can we become influencers like Rush? I have a few answers to this and how we can relate this in our own lives and change people for the better.
The Panic of 2020 is here! This is more than Coronavirus, this is about our economy collapsing worse than the Great Depression!
March 21, 2020 21:18 - 35 minutes - 32.4 MBThe Federal Reserve is doing everything it can to try to keep our financial system from collapsing but it’s not working! They think just printing a bunch of money will solve our problems! They thought the same thing in 2008 and look where we are now! For those people out there who just think all of this is because of Coronavirus you are sadly mistaken, this is really about a collapse in our economy! This will be much worse than the Great Depression! Protect yourself and listen to this impo...
With the FED cutting interest rates for the first time in a decade there’s one place you should be fully invested...GOLD and SILVER!(audio fix)
August 15, 2019 05:58 - 30 minutes - 28.3 MBThe fed has finally cut interest rates and more rate cuts are coming by year end gold and silver is where to be. The precious metals are soaring in value as gold continues to make new six year highs! The bull market in precious metals is finally here. In this episode I mention a credit card where you can claim a free $150 after signing up for the card. That referral link is right here: https://capital.one/2Wt2Q2j
With the FED cutting interest rates for the 1st time in a decade there’s one place you should be fully invested...GOLD and SILVER!
August 07, 2019 01:12 - 30 minutes - 28.3 MBThe fed has finally cut interest rates and more rate cuts are coming by year end gold and silver is where to be. The precious metals are soaring in value as gold continues to make new six year highs! The bull market in precious metals is finally here. In this episode I mention a credit card where you can claim a free $150 after signing up for the card. That referral link is right here: https://capital.one/2Wt2Q2j
Why a strong dollar isn’t the BIG problem President Trump says it is!
March 06, 2019 04:02 - 31 minutes - 28.8 MBTrump has been criticizing the FED and in particularly the Fed Chairman, Jerome Powell for tightening too much and making our dollar too strong. Trump sees this as harming the economy and is the only reason why our economy may have problems. Trump’s logic is crucially invalid and I demonstrate on the show today where his thinking goes astray. I also discuss why an economy really does boom and bust!
What the Government shutdown really teaches us is that we need to decentralize Government Power!
February 07, 2019 18:56 - 31 minutes - 29.1 MBOn January 25th, the longest government shutdown ever at 34 days came to a temporary halt. The government has been funded through February 15th where we might just see yet, another government shutdown. The Federal government has way too much power (obviously) and we need to privatize the lousy TSA, FDA, air traffic controllers and many more federal workers! We need to reverse this trend of centralizing power and D.C. and give it back to the people. Only then will we see prosperity like none...
It may be a very different FED in 2019 with them cutting interest rates and not raising them. Also, Goldman Sachs predicts Gold at $1,425 an ounce by the end of 2019!
January 16, 2019 00:06 - 27 minutes - 25.3 MBThis was no surprise to listeners of this show but the Fed did raise rates for the 4th time in 2018 and this was the 9th rate hike in this tightening cycle. Back in June, Fed chairman Powell, was very giddy about the economy and confident about the growth but now he doesn’t seem so sure. 2019 will be a very different Fed where they may actually cut interest rates and not raise them. And gold has been very strong these last few weeks nearing $1,300 an ounce, which are 5 month highs. Goldman...
Chris Casey talks about the inverted yield curve and what it means for the U.S. economy! Are we really in a booming economy or heading toward a massive bust?!
December 11, 2018 03:01 - 26 minutes - 35.9 MBChris Casey has been investing in the markets for years and he certainly sees some major warning signs that this economy may be heading toward a massive bust! Every time the yield curve curve inverts doesn’t mean an economy will bust but every recession since the 1950s was preceded by an inverted yield curve. Most people have no idea what an inverted yield curve is and what it means so Chris breaks it all down and explains it in simple language. Chris also talks about Cryptocurrencies and g...
Tom Woods takes on Trump and his secrets to killing it as an Entrepreneur! From college professor to New York Times best selling author!
December 05, 2018 01:46 - 37 minutes - 51.7 MBHow is Trump doing from a libertarian perspective? Tom Woods really sees Trump as a mixed bag with the good, the bad and the ugly. From college professor to a wildly successful entrepreneur Tom lays out what he sees are the biggest keys to success and the key tool most people aren’t utilizing that will radically improve your results! Tom officially leaks out the first guest on the Contra Cruise 2019 to Alaska! Folks, you don’t want to miss out on all the gems laid out in this episode of the ...
The brilliant innovations of the Free Market that improve our lives are trying to be stopped by the Government nanny staters!
November 14, 2018 05:19 - 35 minutes - 32.9 MBThe midterm elections have come and gone and the Democrats have taken the House. Now this isn’t all so bad. Divided power is good because this means “gridlock” and less destructive laws will be passed. Electric scooter companies like Bird are being banned in some progressive cities just like Uber once was when it was seen as destructive to the taxi industry. These scooters are a brilliant innovation of the Free Market and here comes the government trying to halt progress! This episode covers...
With Trillion Dollar deficits and soaring interest rate payments, more money printing is to come our way! Protect yourself from Government idiocy!
October 14, 2018 15:56 - 24 minutes - 22.9 MB$1.3 Trillion was added to the national debt in fiscal year 2018 alone! 2018 was Trump’s full fiscal year as president and with a deficit that large I wouldn’t call that draining the swamp! How are we ever to get our economy on a sustainable path when we spend like drunken Democrats and Republicans!? We’re also set to spend $7 Trillion on interest payments alone in the next decade. How’s that for sustainable?
Fed chair Powell raises rates for 8th times says we're in extraordinary times and sees no bubbles to speak of in the economy.
October 04, 2018 14:11 - 32 minutes - 29.5 MBThe Fed has raised rates to the 2-2.25% range and this is the 8th rate hike since the fed began raising them in 2015. Fed Chairman, Jerome Powell, has given several speeches in the last week and there’s several insights we can gain from Mr. Powell just by reading closely into what he’s saying. Folks, this guy is completely clueless about the next economic crisis brewing out there. We are nearing the end of this super bubble. “Blown Away” Kevin MacLeod (incompetech.com) Licensed under C...
Argentina raises interest rates to 60% while attempting to fight off 30% inflation rates. Is this Venezuela in the making?
September 08, 2018 20:33 - 28 minutes - 25.9 MBArgentina is facing some huge hurdles economically while the average citizen is getting poorer due to 30% inflation rates! They have 60% interest rates and just a few weeks ago when I was in Argentina interest rates were 45%. Things are spiraling out of control fast and I will keep you updated with this story the media isn’t talking about.
IMF predicts Venezuela will experience 1 million percent inflation by the end of 2018!
August 07, 2018 02:33 - 33 minutes - 30.8 MBThe crisis in Venezuela has only gotten worse and the IMF sees 1 million percent inflation by the end of the year. The inflation rate currently, is around 40,000%. The only good news we have heard is the President of Venezuela, Maduro, admitting that their models aren’t working. No kidding! Will people in the U.S. and around the world learn this lesson from Venezuela that Socialism doesn’t work!
Venezuela turns to barter as currency becomes virtually worthless… Hmmm what can we learn from this?
July 11, 2018 04:35 - 29 minutes - 27.3 MBVenezuela is experiencing 25,000% inflation this year and people have now turned to barter. This only makes sense. Why use a medium of exchange that can’t serve as well… a medium of exchange! This is why it is crucial for you to own physical precious medals like gold and silver! Be ahead of the masses and by the cheapest insurance you can buy!
Is Stagflation from the 1970s returning? Fed chairman, Powell, doesn’t think so.
June 22, 2018 17:34 - 26 minutes - 24.5 MBThe Federal Reserve has raised rates for the 7th time in a decade. The latest FOMC statement and the Fed’s move here tells us a lot. The Fed really does believe the economy is strong and that it is fundamentally and structurally strong. The Fed thinks the band aids put on our economy in 2008 actually fixed things. This sort of arrogance is very destructive and will lead to the next collapse. Stay tuned.
The Once coveted $1 million Taxi medallions are now worth $175,000 and New York City Taxi Drivers are committing suicide because of Uber?
June 01, 2018 14:56 - 24 minutes - 22.2 MBRecently, a 5th New York City taxi driver has committed suicide. Many of these taxi drivers own the once coveted $1 million taxi medallion the problem is that currently those taxi medallions are worth $175,000! These taxi drivers are deep in debt and feel they have no way out! Uber and Lyft definitely have increased competition for people needing rides but the real reason these taxi drivers are hurting is because of government! It’s government that created the taxi monopoly in the first pl...
The Cruise Ship Curse and why the Economy Booms and Busts
May 14, 2018 12:59 - 38 minutes - 35.6 MBThe sign of massive bubbles blowing up in the economy is evident with the cruise ship industry. This Royal Caribbean has came out with its new ship, “Symphony of the Seas.” It’s the largest cruise ship the world! This sort of event is consistent with the Austrian view of the Business Cycle. Listen to this episode as I explain why an economy booms and why it busts. Recessions are also the necessary correction phase to actually have a firm foundation on the economy. I explain all this here and...
The yield curve is close to inverting, which is a very strong predictor of a recession. How much farther will the FED raise interest rates until the bubble pops?
May 02, 2018 15:35 - 26 minutes - 24.1 MBThe yield curve is continuing to flatten with 2 year treasury bills at the highest they’ve been since 2008! The yield curve inverting is a very strong predictor of a recession. So how much longer will this tightening cycle by the FED go on until this bubble pops and the inevitable happens? When this bubble pops, 2008 will seem like a nonevent. Please protect yourself and be prepared.
Venezuela is predicted to see 13,000% inflation this year, 2018. Not to worry, President Maduro of Venezuela has a genius new policy that will chop off the last 3 zeroes of the currency. Understanding basic economics is not exactly rocket science.
April 09, 2018 19:17 - 56 minutes - 51.4 MBThe economic collapse in Venezuela has worsened and is now in the midst of hyperinflation. The average Venezuelan has lost 25 lbs. not by choice, but rather because people are starving to death! Folks, this is what 20 years of socialism gets you! It gets misery and equality of misery! The government doesn’t create prosperity, but rather gets in the way of it and makes it harder for you to achieve. When will people wake up and learn from history!? I won’t be holding my breath.
Republicans and Democrats both spend like drunken sailors! Does the party game go R team or go D team really matter!? We are on the road to hyperinflation and a currency collapse to the likes of what’s going on in Venezuela today!
March 31, 2018 01:43 - 29 minutes - 27.2 MBUnder Republican President, Donald Trump, the $1.3 Trillion omnibus spending bill has been signed. This bill increase spending more than Obama did! This spending bill actually increases the budgets to many projects that Obama and the democrats love! Seriously why are people still playing the party game when we are heading the way of hyperinflation and a currency collapse just like what’s going on in Venezuela today! Trump will spend 41% more than Obama did! Where’s the tea party for this one?
Fed raises rates, Larry Kudlow as the new economic advisor to President Trump and why we should Index the Capital Gains rate to inflation!
March 22, 2018 03:18 - 24 minutes - 22.5 MBFederal Reserve has raised interest rates for the first time under the new fed chair, Jerome Powell, to the rage of 1.5% to 1.75%. The Fed and the “experts” out there think that the Fed will for sure raise rates 3 times this year but I wouldn’t be too sure about that. I think there’s a good chance that the only other time rates will go up in 2018 is in December. Listen to this episode to find out my reasons behind this and what I think about Larry Kudlow as Trump’s new chief economic advisor.
Trump’s tariffs on steel and aluminum is NOT going to make America great again!
March 11, 2018 17:10 - 31 minutes - 28.5 MBPresident Trump recently announced a new 25% tariff on steel and 10% tariff on aluminum imports. Tariffs are a horrible policy and protectionism doesn’t work! It might save a few jobs in the very short term but long term it’s a major job killer! Protectionism makes our companies less innovative and actually leads to U.S. companies being less competitive overseas! This is exactly what we don’t need right now! Tariffs cause a lot of intended consequences and I mention many of them in this ...
We DON’T need more gun control, we need to eliminate the gun free zones at our schools by allowing teachers to conceal and carry! Gun control measures only disarm the “good guys” because the “bad guys” already don’t follow the laws!
February 22, 2018 04:58 - 29 minutes - 26.9 MBOn Valentine’s Day, the worst school shooting took place with 17 people dead. Of course this issue has turned into a political football but there’s a simple solution…allow teachers to carry guns! All of these mass shootings occur at gun free zones! We need to eliminate the gun free zones! It’s really quite simple because criminals don’t follow the laws. Passing more laws only disarms the good guys and we need the good guys with the guns! So what is happening now in the political sphere in ...
The Next Financial Crisis is just around the corner! Republican hypocrisy with record amount of government spending, it’s the final nail in the coffin!
February 12, 2018 01:29 - 31 minutes - 28.7 MBOur national debt is $23 Trillion and now thanks to the republicans who say they are fiscal hawks, $1 Trillion deficits may become the norm. The first three years of the Obama presidency we had Trillion dollar deficits and that was insane! That’s party how the Tea party came about but the tea party is dead! No one in Washington is serious about spending cuts. Obama doubled the craziness of wild Bush spending and now will Trump double Obama’s madness? It’s looking like. Hold on to your hat...
My Adventure in Singapore! Big Brother is watching…
February 01, 2018 21:57 - 30 minutes - 27.8 MBI just got back from Singapore and man what an experience that was! I really felt like I was in the novel 1984. Cameras are watching you everywhere, every little thing is regulated! A car that costs $30,000 in the U.S. costs $130,000 in Singapore! The government censors everything and there’s really no such thing as freedom of speech. I was almost fined $500 in Singapore! It’s not the Libertarian state many believe.
Gold, The Dollar and Bitcoin/Cryptocurrencies: Where should you invest your money in 2018?
January 16, 2018 02:08 - 38 minutes - 34.8 MBThe dollar is at a 3 year low while gold is up 7% in the last 30 days. Bitcoin is off about 25% from its record high. 2018 is off to a crazy start but it seems that this may be a fantastic year for gold. Granted the stock market keeps hitting new highs but think of it this way…What’s the best way to position yourself in terms of risk to reward? The clear winner is GOLD!! Gold is still 20% below where it was 5 year ago! Hell gold is about 32% off from its all time high back in 2012! Silver...
Jeff Sessions goes after states that have legalized Marijuana which shows republicans love their own form of Big Government! Don’t get me wrong, I go after the Marxist Democrats as well!
January 05, 2018 21:15 - 32 minutes - 30.2 MBAttorney General, Jeff Sessions, has rescinded the Cole memo and now has his own memo that will indeed go after the states that have legalized marijuana. One of the few good things Obama did as president was that he actually let states nullify federal laws against marijuana. Now here comes the republicans, these guys who think their some small government types who say they love the free market, they’re full of it! Both parties love their own form of Big Government and I’m sick of this madn...
Yellen raises interest rates for 5th and final time as FED chair. Powell will start term as Yellen 2.0 and then morph into Bernanke 2.0.
December 21, 2017 21:31 - 21 minutes - 19.9 MBFed Chairwoman, Janet Yellen, has raised interest rates for the last time under her tenure. This is the 5th time interest rates have been raised under Yellen. For that matter, this is the 5th time interest rates have been raised since the financial crisis began in 2008! So we’ve had near 0% interest rates for 10 years and the fed thinks it’s getting tight when interest rates are at 1.5%!? This is crazy! We still negative interest rates when you figure in the inflation rate! We’re not in so...
The Bitcoin futures market is now open and the bitcoin mania continues by hitting an all-time high over $17,000 per BTC! Is this the next tulip bubble from Holland in the 1600’s?
December 11, 2017 00:22 - 26 minutes - 24.4 MBThe Bitcoin futures market is now open! What does this mean for Bitcoin now that people have the ability to short it? If you look at a chart of Bitcoin it literally goes straight up! How long will this bitcoin bull market continue? In a two week period, Bitcoin went from $8,000 per coin to $16,000! There’s definitely a lot of similarities between Bitcoin and the tulip bulb mania from the 1600s. People literally were trading their houses for a single tulip bulb! What, you say this time is ...
The fall of Matt Lauer and the rise of Bitcoin! Also, the FED is thinking about making its own cryptocurrency!?
December 03, 2017 17:11 - 30 minutes - 28 MBMore sexual allegations have come out and the latest person to fall and be fired is the long time “Today” co-host, Matt Lauer. Every day it seems like there’s someone else! Also, Janet Yellen fears a boom and bust if we don’t stay ahead of inflation by keeping up with interest rates. This is more evidence that my theory on Janet Yellen is correct. And Bitcoin has recently went over $10,000 per coin and now even the FED is thinking about making its own cryptocurrency! Lots to get to on today...
What to make of the Republican tax bill. The good, the bad, and the ugly.
November 24, 2017 17:17 - 27 minutes - 25.1 MBThe House has passed their version of tax reform and now the senate is working on their version of the bill. Will the republicans get a bill through by year end? This bill has gotten a lot of criticism from the media now don’t get me wrong this bill has a lot to be desired to get a truly great bill but it does have some good things in it. Most people are saying this bill only helps the rich, this is lie! This bill helps every income bracket by reducing your taxes. But what’s more importan...
Who holds more U.S. Treasuries than anyone else? Hint: It’s not China…Also, new Fed Chairman Powell is just more of the same and will continue the destructive policies at the FED!
November 10, 2017 17:44 - 25 minutes - 23.2 MBMost people think that China is largest holder of our debt and so everyone is very worried about China and if they decide to dump U.S. treasuries. But China isn’t the largest holder of U.S. Treasuries, it’s the Federal Reserve! They own more than double what China owns! Also, Trump has made his choice for the new fed Chairman, Jerome Powell. Powell is not an economists but he really is more of the same and he seems like he fits right in the middle between a Bernanke and Yellen. Protect y...
PC Alert! Apparently if you are dress up as “The Wall” this Halloween you must be a racist because you hate Mexicans! (what’s this world coming too!) Also, the key to living a life of influence and how I almost missed the cruise ship on Contra Cruis
October 31, 2017 17:55 - 49 minutes - 45.7 MBThis Halloween the PC police are at it again so what you plan on dressing up as this Halloween make sure you don’t offend anyone! If you are dressed up in the Donald Trump Wall costume that must mean you’re a racist that hates Mexicans! Or if you’re a man and dress up as a woman you are making fun of transgender! I mean seriously what the hell don’t people have a life!? Also, what really is the key to influencing people in your life and pulling them to your side? There’s one factor and s...
Free Market Capitalism is the answer…let me explain
October 14, 2017 08:35 - 44 minutes - 40.8 MBI came across a piece and this lady is showing her “facts” that is supposed to lead the reader to the conclusion that free market capitalism doesn’t work. That it’s in fact, the countries with more government control that are seeing the most growth today and are experiencing the most prosperity. This article is such a teachable moment and it shows how people with similar “facts” can see things in such different ways! How can we become better at communicating our message? The simple answer...
My time warped adventure to Communist Cuba and what’s really going on there!
October 05, 2017 15:13 - 37 minutes - 33.9 MBLast week I visited Cuba and it was an enlightening experience. Imagine going to a city where it hasn’t been improved or maintained for 60 years… Yep, that’s the feeling I got when roaming the streets of Cuba. Everything is just really old, musty and colorless. People that have the mindset that government can provide prosperity is very laughable indeed. The government only consumes resources and allocates them in a very inefficient way compared to the private sector. On the world index, com...
John Hunt M.D., talks about his new book “Drug Lord”, the failure of the war on drugs and the cronyism involved with “Legal” drugs!
September 26, 2017 07:00 - 23 minutes - 21.9 MBJohn Hunt and Doug Casey are back with the second installment of the High Ground Series, “Drug Lord.” John discusses how the war on drugs is a complete disaster and how the government has made matters worse! Also, the problem with legal drugs and the revolving door of cronyism from the guys at the FDA! For many people out there, legalizing drugs still sounds bat crazy but looking at the system we have today…is it really that crazy? Look at all the unintended consequences of government maki...
The real reason Federal Reserve Chairwoman, Janet Yellen is shrinking the balance sheet! Yellen’s hidden agenda that no one is talking about!
September 22, 2017 20:53 - 31 minutes - 28.8 MBThe Federal Reserve has finally done what many have thought wouldn’t happen…The Fed will begin shrinking its bloated, $4.5 Trillion balance sheet in October. This is the right thing to do but the question is can our economy handle it? No, our economy is addicted to this funny money so this move by the Federal Reserve is the pin inching closer and closer to the balloon. This tightening by the FED will lead to the exposure of this fake recovery. All of the malinvestment that has taken place i...
Trump works with Democrats to delay debt ceiling by 3 months…What does this really tell us about the future of the Trump Presidency?
September 18, 2017 18:35 - 22 minutes - 20.8 MBPresident Trump worked out a debt ceiling deal with Democrats to push out the debt ceiling issue until December 8th. Trump is acting more and more like a democrat and the status quo of Washington D.C.! The swamp isn’t going to be drained and size of government will not be cut either! This is not going to end well when our national debt passed $20 Trillion on September 8th! Protect your savings! The dollar isn’t safe so act accordingly.
The economics of Hurricane Harvey and why “price gouging” isn’t the problem the media says it is!
September 07, 2017 06:33 - 25 minutes - 23.6 MBHurricane Harvey is looking like it will be the costliest natural disaster to ever occur in the United States. This devastation has destroyed the lives of millions of people. The Keynesians view disasters as a good jobs program that can boost the economy and keep spending going. How ridiculous is this!? But this is really how these “economists” think and it’s crazy that people can believe this garbage. Price gouging is seen as a negative but allowing prices to rise during disasters allows g...
What Janet Yellen really did at Jackson Hole is set up the narrative that Deregulation will be the cause of the next financial crisis!
August 30, 2017 17:06 - 25 minutes - 23.4 MBJanet Yellen gave a speech in Jackson Hole Wyoming last week and she didn’t address monetary policy at all! Many commentators were surprised by this and she focused mainly on regulations. She pointed out how the FED and congress responded correctly during the 2008 financial crisis by imposing more regulations on the financial sector. She says these regulations have made our economy more resilient than it was 10 years ago! The main point missed by all commentators out there is that she’s doi...
“Household debt hits record as auto loans and credit cards climb”-WJ- The not so good, the bad and the ugly.
August 17, 2017 19:46 - 22 minutes - 20.4 MBHousehold debt has hit a record high of $12.8 Trillion! This is the highest we have seen since the financial crisis bottomed in 2009. 30 day credit card delinquencies are on the rise standing at 6.2%. One year ago that same figure was 5.1%! 90 day credit card delinquencies are on the rise and this is a sign that the average consumer is being squeezed. The cracks in the very faulty U.S. economy are beginning to appear and this is not the recovery most people think that’s taking place. $51 Bi...
CEO of Monetary Metals-Keith Weiner talks about bitcoin and why the current monetary system is failing us today- Part 2
August 08, 2017 07:00 - 28 minutes - 26.3 MBIs bitcoin money? Keith Weiner discusses why gold is crucial in an economy and that bitcoin isn’t money. Keith also discusses why the system if failing today. His view of why the system is failing is much different than the mainstream view. You don’t want to miss this insightful interview with Keith Weiner!
CEO of Monetary Metals-Keith Weiner talks about gold and how to transition to a gold standard- Part 1
August 02, 2017 17:33 - 20 minutes - 18.5 MBKeith Weiner talks about money and what real money (gold) is. He argues that gold can’t circulate without an interest rate so his big push is to give gold a yield. So to transition to a gold standard, Keith argues gold must have an interest rate first. Also, many confuse the terms of speculation vs. investment and Keith makes a clear distinction between these two terms and they’re actually opposites. And should the average person invest in gold miners? All this and more answered! Don’t miss...
While Venezuelans starve, their food imports from other countries are down 61%! The answer for this paradox only takes understanding some basic economics.
July 27, 2017 16:30 - 20 minutes - 18.9 MBThe crisis in Venezuela continues to get worse. On January 1st 2017, $1=$3,000 Bolivars, today $1=$8,000 bolivars. The inflation keeps getting worse and experts are now projecting over 2,000% inflation in 2018! The government keeps trying to seize more control to “fix” the economy. The insanity in Venezuela could easily be fixed if people only understood the government always makes matters worse and they never can help you! The free market and the private sector and embracing capitalism is...
The REAL reason FED chairwoman Janet Yellen said we won’t see another financial crisis in our lifetimes!
July 14, 2017 20:06 - 21 minutes - 20 MBJanet Yellen is taking back some comments she made back in London two weeks ago. Janet Yellen had said she really doesn’t see another financial crisis happening in our lifetimes. Why would she say this? She says this because she sees that government regulations can protect us. Dodd-Frank was passed as a response to the housing crisis and she really thinks this will protect us. The only way she thinks we will have another crisis is if we repeal this regulations! Yes, she’s already setting up...
Illinois is broke with $15 Billion in unpaid bills and $251 Billion in future pension obligations. Is Illinois the first of many dominos to soon fall?
July 06, 2017 17:13 - 21 minutes - 20 MBThe state of Illinois is on the verge of bankruptcy. $15 Billion in unpaid bills and no budget plan going on 3 years running. The state legislature in Illinois has worked out a budget deal that’s suppose to pull the state back from the brink but it won’t! The budget bill doesn’t reform the pension problem in a meaningful way and it’s the underfunding of state pensions that has largely led to this debt in Illinois. The future obligation to pensions in Illinois is $251 billion! The state legi...
The Seattle $15 minimum wage disaster should surprise no one with a basic understanding of economics. (The government can’t legislate prosperity)
June 29, 2017 18:19 - 23 minutes - 21.7 MBA new study from the University of Washington has shown that Seattle’s new $15 minimum wage is actually hurting those low skilled workers that it was intended to help! It’s amazing how people are still shocked by things like this but I guess maybe it shouldn’t be, since the average person out there is economically illiterate! Many of the so called “experts” out there are also economically illiterate! A minimum wage is pricing low skilled labor out of the market entirely! If you can’t gai...