American Monetary Association

Jason Hartman
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Feb 15, 2019 • 33min

AMA 258: 2019 Economic Predictions by Dr David Collum

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. Key Takeaways: [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 Website: Dr David Collum at Cornell www.JasonHartman.com/Masters
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Feb 8, 2019 • 21min

AMA 257: World Economic Forum Wrapup with Thomas

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. Key Takeaways: [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 Website: www.JasonHartman.com/Masters www.JasonHartman.com/Properties
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Feb 1, 2019 • 26min

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. Key Takeaways: [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 Websites: www.JasonHartman.com/Masters www.HarryDent.com
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Jan 26, 2019 • 20min

AMA 255: JP Morgan Chase & RBS Lawsuits with Nobu Su

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. Key Takeaways: [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 Websites: www.Nobu.store www.Twitter.com/Nobu__Su
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Jan 11, 2019 • 31min

AMA 254: The Future is Asian with Parag Khanna

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. Key Takeaways: [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 Website: www.ParagKhanna.com
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Jan 5, 2019 • 27min

AMA 253: Griftopia, the Most Audacious Power Grab in History & Vampire Squids with Matt Taibbi

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. Key Takeaways: [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? Website: www.Taibbi.SubStack.com www.RollingStone.com
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Dec 28, 2018 • 27min

AMA 252 - Wealth is Moving with Steven Blue

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. Key Takeaways: [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 Website: www.StevenLBlue.com
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Dec 22, 2018 • 28min

AMA 251 - The Armchair Economist with Steven Landsburg

Jason Hartman interviews Steven Landsburg, Professor of Economics at Rochester and author of Can You Outsmart an Economist. They discuss why central planning fails, the concept of the 'Economic Berlin Wall,' and the correlation between more sex and safer sex in economics. They also touch on minimum wage vs. Earned Income Tax Credit and the impact of lack of reciprocity deals on professional licenses.
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Dec 14, 2018 • 28min

AMA 250 - The 5 Point Rule with Jeffrey Gitomer

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. Key Takeaways: [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 Website: www.Gitomer.com
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Nov 23, 2018 • 33min

AMA 247 - Can US Government Afford High Interest Rates? with Mike Zlotnik

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. Key Takeaways: [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 Website: www.BigMikeFund.com www.TempoFunding.com

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