1637: Biden Manchurian Candidate, Tax Credit, Jim Rickards, Inflation, Gold v. Bitcoin

Jan 20, 2021

53:09

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Episode notes

Jason Hartman shares his opinion on what to expect from the Biden administration and their tax plan. Does this benefit the investor? Is Joe Biden the Manchurian candidate?

Jim Rickards returns in part two to discuss the cause of inflation and his opinion on whether we will see the US in an inflationary state or not. As well, Jim shares his views on gold, silver, and bitcoin.

Jim Rickard's Book: The New Great Depression

Key Takeaways:

[1:40] Experience your experience: the first step on mastery.

[4:40] Is Biden the Manchurian candidate?

[6:15] Let's talk about Biden Tax Plans.

[10:30] The greatest management principle: what gets rewarded, gets repeated.

[17:00] Commenting on Tucker Carlson, pre-inauguration.

[27:15] Homework: Search "Citizens United."

Jim Rickards continued from Episode 1636

[30:35] What causes inflation?

[33:45] Your Keynesian multiplier works up to a debt to GDP ratio of about 90%.

[39:20] Why buy gold and silver if you're not afraid of inflation?