1556: Case-Shiller Index, Market Misconceptions, Crypto History, Bitcoin & Mark Moss

Sep 22, 2020

33:22

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Episode notes

Why can the Case-Shiller Index not always be trusted, especially if you are an investor? Jason Hartman reiterates the importance of understanding the diversity and truth to the term "local market."

"Every problem boils down to the money," says Mark Moss. Mark Moss talks with Jason Hartman about his feelings on bitcoin and why it might be the most favorable currency, even over the dollar. This talk includes a quick history lesson sharing one aspect of currency evolution. As well, what will happen when the stimulus ends?

Key Takeaways:

[1:20] The most widely quoted real estate index, the Case-Shiller index, doesn't tell you enough information.

[4:20] Of the Case-Shiller composite 20 index, about 75% is a cyclical market.

[9:50] Massive money flowing into the economy, 1.1 trillion dollars is what lenders did in home loans between April and June, according to Black Knight.

[13:20] 3.5 million home loans were in forbearance as of September 6, according to the MBA.

Mark Moss

[16:30] Mark speaks about market misconceptions.

[17:30] The markets; stock, real estate, gold, etc., have become disconnected.

[19:00] What happens when the stimulus ends?

[21:30] How will this change cryptocurrency, like bitcoin?

[24:15] What makes bitcoin superior to gold or the dollar?

[25:45] A history lesson on African cowrie/aggry beads.

[27:40] "If the people understood the banking system, there would be a revolution overnight." Henry Ford

Websites:

Mark Moss on Youtube

JasonHartman.com/Ask