American Monetary Association

Jason Hartman talks with Patri Friedman, Executive Director of The Seasteading Institute, about creating new countries using the seasteading technique. Patri discusses how the concept would work in today's environment and why it's not absurd to think of a country being created on the water. It's coming sooner than you expect.

Key Takeaways:

[1:12] What is seasteading?

[6:05] Why not just buy land from a country rather than doing everything out at sea?

[10:04] Patri's goal is seeing governments competing for citizens by treating them best

[13:41] How do you deal with security when you're in the middle of the ocean?

[18:02] What are these seasteads going to do for currency?

Website:

www.Seasteading.org

www.Twitter.com/Patrissimo

Jason Hartman talks with Jeff Ferry, Chief Economist at the Coalition for a Prosperous America, about what's going on with the US trade war. Jeff has some ideas on how to close the gap between the US and the rest of the world, but Jason has some questions about whether they would cause inflation. They also look into America's manufacturing sector and why we need to ramp it back up.

Key Takeaways:

[1:15] Jeff's thoughts on the current trade situation

[5:31] One of Jeff's solutions for helping cure the trade imbalance is to reduce the value of the dollar

[9:25] How would devaluing the US economy impact our purchasing goods from other countries and how would it impact the economy at home?

[12:37] You have to have capital formation for a society to create wealth

Website:

www.ProsperousAmerica.org

Jason Hartman talks with Jeff Ferry, Chief Economist at the Coalition for a Prosperous America, about what's going on with the US trade war. Jeff has some ideas on how to close the gap between the US and the rest of the world, but Jason has some questions about whether they would cause inflation. They also look into America's manufacturing sector and why we need to ramp it back up.

Key Takeaways:

[1:15] Jeff's thoughts on the current trade situation

[5:31] One of Jeff's solutions for helping cure the trade imbalance is to reduce the value of the dollar

[9:25] How would devaluing the US economy impact our purchasing goods from other countries and how would it impact the economy at home?

[12:37] You have to have capital formation for a society to create wealth

Website:

www.ProsperousAmerica.org

Jason Hartman talks with Rich Dad Advisor and multifamily property investor Ken McElroy about his recent sale of $300 million worth of property, as well as supply levels of multifamily properties, why Ken is still bullish on real estate and the future of interest rates.

Key Takeaways:

- Why did Ken choose this time to sell his properties and how did he do it?

- Cap Rate fails to take appreciation into account

- Is there an oversupply of multifamily that's causing rents to not grow as quickly?

- What Ken has learned about his facilities for the 55+ community

- Why Ken is still bullish on real estate

- Capital always looks for safety in the US

- The impact things like ride sharing and autonomous cars are having (and will have) on real estate

- Ken's take on the future of interest rates

Website:

www.JasonHartman.com/Properties

www.KenMcElroy.com

Jason Hartman talks with Rich Dad Advisor and multifamily property investor Ken McElroy about his recent sale of $300 million worth of property, as well as supply levels of multifamily properties, why Ken is still bullish on real estate and the future of interest rates.

Key Takeaways:

- Why did Ken choose this time to sell his properties and how did he do it?

- Cap Rate fails to take appreciation into account

- Is there an oversupply of multifamily that's causing rents to not grow as quickly?

- What Ken has learned about his facilities for the 55+ community

- Why Ken is still bullish on real estate

- Capital always looks for safety in the US

- The impact things like ride sharing and autonomous cars are having (and will have) on real estate

- Ken's take on the future of interest rates

Website:

www.JasonHartman.com/Properties

www.KenMcElroy.com

Jason Hartman speaks with Matthew Sullivan, founder & CEO of Quantm Real Estate, about how his company is using blockchain and tokens to help homeowners pull equity out of their homes (whether owner occupied or investments). Matthew uses a few case studies to explain how much money you could extra, what you would owe his company, and how the secondary market works for the equity stake his company receives.

Key Takeaways:

[1:54] Matthew's company allows you to get equity out of your house without taking out another loan with a bank by buying some of the future value of your house

[4:51] Case study: How much can you pull out if you were to have a $100,000 house with a $50,000 mortgage?

[11:06] Why Quantum Real Estate goes through the hassle of creating a REIT and tokenizing them equity share

[15:49] The effective "interest rate" for homeowners who realize their equity

[19:59] Quantum Real Estate revalues their portfolio every 3 months so the secondary market can trade

Website:

www.JasonHartman.com/Properties

Jason Hartman speaks with Matthew Sullivan, founder & CEO of Quantm Real Estate, about how his company is using blockchain and tokens to help homeowners pull equity out of their homes (whether owner occupied or investments). Matthew uses a few case studies to explain how much money you could extra, what you would owe his company, and how the secondary market works for the equity stake his company receives.

Key Takeaways:

[1:54] Matthew's company allows you to get equity out of your house without taking out another loan with a bank by buying some of the future value of your house

[4:51] Case study: How much can you pull out if you were to have a $100,000 house with a $50,000 mortgage?

[11:06] Why Quantum Real Estate goes through the hassle of creating a REIT and tokenizing them equity share

[15:49] The effective "interest rate" for homeowners who realize their equity

[19:59] Quantum Real Estate revalues their portfolio every 3 months so the secondary market can trade

Website:

www.JasonHartman.com/Properties

Jason Hartman talks with Dr. Randy Wray, one of the foremost experts in Modern Monetary Theory, about why Minsky the philosopher is important, what exactly MMT is and why it's relevant in today's monetary society. They especially tackle the job guarantee program that MMT espouses and what's coming up for the US in the economy for the next few years.

Key Takeaways:

[1:26] Who is Minsky and why is he someone we should concern ourselves with?

[4:43] What is Modern Monetary Theory and why is it applicable?

[10:31] The governments going back to the colonies spends money into existence and then taxes it back to avoid causing inflation

[13:38] Has all the money that was put into the economy during Obama's term been taken back out by taxes or is it causing inflation?

[17:51] The test you need to use to discover if you're doing monetary policy correct

[21:48] Spending during The New Deal greatly helped move our nation forward and allowed us to become the richest, most developed nation on Earth

[25:49] The job guarantee that Dr Wray is focusing on now would involve a lot of care work, and it would be decentralized

[28:58] What's coming up, economically, for the United States

Website:

www.Levy.org

Jason Hartman talks with Dr. Randy Wray, one of the foremost experts in Modern Monetary Theory, about why Minsky the philosopher is important, what exactly MMT is and why it's relevant in today's monetary society. They especially tackle the job guarantee program that MMT espouses and what's coming up for the US in the economy for the next few years.

Key Takeaways:

[1:26] Who is Minsky and why is he someone we should concern ourselves with?

[4:43] What is Modern Monetary Theory and why is it applicable?

[10:31] The governments going back to the colonies spends money into existence and then taxes it back to avoid causing inflation

[13:38] Has all the money that was put into the economy during Obama's term been taken back out by taxes or is it causing inflation?

[17:51] The test you need to use to discover if you're doing monetary policy correct

[21:48] Spending during The New Deal greatly helped move our nation forward and allowed us to become the richest, most developed nation on Earth

[25:49] The job guarantee that Dr Wray is focusing on now would involve a lot of care work, and it would be decentralized

[28:58] What's coming up, economically, for the United States

Website:

www.Levy.org

After a tour of an Amazon fulfillment center, Jason Hartman has an "investigative report" from the inside of a ride-sharing trip talking with a former employee of Amazon on how we have been misled a little by the company.

Key Takeaways:

[2:23] Amazon pickers are walking at least 10 miles a day to get orders together

[4:08] The pay raise that Amazon gave their warehouse employees was offset by a slash in benefits

Website:

www.JasonHartman.com/Properties