Creating Wealth Real Estate Investing with Jason Hartman

Today's Flash Back Friday comes from Episode 1019, originally published in June 2018.

Jason Hartman has a solo episode today as he explores some recent news stories and examines a few items of the day. Venturing all over the topics, Jason mulls over why it's pretty common for the most popular economists to have the worst economic ideas (a la Karl Marx) and why the best economic ideas have the most disliked economists. Which leads to the question, what stupid ideas are we as a society embracing today?

He also discusses the Supreme Court ruling that will somewhat level the field of retail as online retailers are now able to be taxed by the states, giving at least some form of a light at the end of the tunnel for retailers.

Other topics of the day include the cost of terrorist protection, technology vs inflation, preventing identity theft, and the potential beginning of the demise of a massively overvalued (in Jason's mind) company.

Key Takeaways:

[4:54] The economists who present the best economic views are not the most popular

[7:39] What totally stupid ideas are we embracing as a society today?

[13:08] One massively overvalued publicly traded company today

[16:39] The tax field was significantly leveled last week

[21:14] The battling forces of inflation and technology

[24:22] Why you need to shred EVERYTHING with a cross cut shredder

[26:45] If you can geoarbitrage, make a conscious choice to live in a higher quality location with a lower cost of living and low or no state income tax

[32:57] The demographics coming at the rental housing market in the next 10 years are nothing short of phenomenal

Website:

www.JasonHartman.com/Properties

Today's Flash Back Friday comes from Episode 1019, originally published in June 2018.

Jason Hartman has a solo episode today as he explores some recent news stories and examines a few items of the day. Venturing all over the topics, Jason mulls over why it's pretty common for the most popular economists to have the worst economic ideas (a la Karl Marx) and why the best economic ideas have the most disliked economists. Which leads to the question, what stupid ideas are we as a society embracing today?

He also discusses the Supreme Court ruling that will somewhat level the field of retail as online retailers are now able to be taxed by the states, giving at least some form of a light at the end of the tunnel for retailers.

Other topics of the day include the cost of terrorist protection, technology vs inflation, preventing identity theft, and the potential beginning of the demise of a massively overvalued (in Jason's mind) company.

Key Takeaways:

[4:54] The economists who present the best economic views are not the most popular

[7:39] What totally stupid ideas are we embracing as a society today?

[13:08] One massively overvalued publicly traded company today

[16:39] The tax field was significantly leveled last week

[21:14] The battling forces of inflation and technology

[24:22] Why you need to shred EVERYTHING with a cross cut shredder

[26:45] If you can geoarbitrage, make a conscious choice to live in a higher quality location with a lower cost of living and low or no state income tax

[32:57] The demographics coming at the rental housing market in the next 10 years are nothing short of phenomenal

Website:

www.JasonHartman.com/Properties

Jason Hartman begins today's show discussing some potential signs that inflation isn't currently a problem, his recent settlement he received from a landlord and what you can expect from business deals in today's environment.

Then, for our off-topic 10th show interview, Jason talks with Graham Hancock, author of the new book America Before: The Key to Earth's Lost Civilization, as well as the best selling book Fingerprints of the Gods: The Evidence for Earth's Lost Civilization, about why the Americas were probably settled long before we originally thought they were. The two also delve into the idea that past civilizations were much more advanced technologically than we give them credit for, their technology was just different from ours so we tend to discount it.

Key Takeaways:

[4:28] The Producer Price Index has fallen, which suggests inflation is tame

[6:35] Jason's recent settlement with a landlord

[11:12] When you get in a business deal, don't expect to be able to hold people accountable through the system

[14:19] Corporate pensions are underfunded and a huge risk to rely on

Graham Hancock Interview:

[19:15] A massive cataclysm struck the earth between 12,800 - 11,600 years ago

[22:38] It's distinctly possible that the lost civilization was advanced technologically, just in a different way than we currently are

[25:21] The Great Pyramid shows us that whoever built it had a complete knowledge of the size and nature of the Earth

[28:48] The problem with American archaeologists' Clovis First model

[33:45] It's human nature to not want to admit you were wrong, but in the end the evidence will force people to accept new theories that are shown to be correct

Website:

www.JasonHartmanLive.com

www.JasonHartman.com/Properties

www.GrahamHancock.com

Jason Hartman begins today's show discussing some potential signs that inflation isn't currently a problem, his recent settlement he received from a landlord and what you can expect from business deals in today's environment.

Then, for our off-topic 10th show interview, Jason talks with Graham Hancock, author of the new book America Before: The Key to Earth's Lost Civilization, as well as the best selling book Fingerprints of the Gods: The Evidence for Earth's Lost Civilization, about why the Americas were probably settled long before we originally thought they were. The two also delve into the idea that past civilizations were much more advanced technologically than we give them credit for, their technology was just different from ours so we tend to discount it.

Key Takeaways:

[4:28] The Producer Price Index has fallen, which suggests inflation is tame

[6:35] Jason's recent settlement with a landlord

[11:12] When you get in a business deal, don't expect to be able to hold people accountable through the system

[14:19] Corporate pensions are underfunded and a huge risk to rely on

Graham Hancock Interview:

[19:15] A massive cataclysm struck the earth between 12,800 - 11,600 years ago

[22:38] It's distinctly possible that the lost civilization was advanced technologically, just in a different way than we currently are

[25:21] The Great Pyramid shows us that whoever built it had a complete knowledge of the size and nature of the Earth

[28:48] The problem with American archaeologists' Clovis First model

[33:45] It's human nature to not want to admit you were wrong, but in the end the evidence will force people to accept new theories that are shown to be correct

Website:

www.JasonHartmanLive.com

www.JasonHartman.com/Properties

www.GrahamHancock.com

Jason Hartman begins today's show discussing some potential signs that inflation isn't currently a problem, his recent settlement he received from a landlord and what you can expect from business deals in today's environment.

Then, for our off-topic 10th show interview, Jason talks with Graham Hancock, author of the new book America Before: The Key to Earth's Lost Civilization, as well as the best selling book Fingerprints of the Gods: The Evidence for Earth's Lost Civilization, about why the Americas were probably settled long before we originally thought they were. The two also delve into the idea that past civilizations were much more advanced technologically than we give them credit for, their technology was just different from ours so we tend to discount it.

Key Takeaways:

[4:28] The Producer Price Index has fallen, which suggests inflation is tame

[6:35] Jason's recent settlement with a landlord

[11:12] When you get in a business deal, don't expect to be able to hold people accountable through the system

[14:19] Corporate pensions are underfunded and a huge risk to rely on

Graham Hancock Interview:

[19:15] A massive cataclysm struck the earth between 12,800 - 11,600 years ago

[22:38] It's distinctly possible that the lost civilization was advanced technologically, just in a different way than we currently are

[25:21] The Great Pyramid shows us that whoever built it had a complete knowledge of the size and nature of the Earth

[28:48] The problem with American archaeologists' Clovis First model

[33:45] It's human nature to not want to admit you were wrong, but in the end the evidence will force people to accept new theories that are shown to be correct

Website:

www.JasonHartmanLive.com

www.JasonHartman.com/Properties

www.GrahamHancock.com

Jason Hartman discusses something he has talked about many times today, and that is the value of a dollar. To do so he breaks down a YouTube video by the Wall Street Journal that discusses inflation and what scares the Fed when it comes to it. Then Jason and Investment Counselor Carrie discuss her recent mini-property tour with investors and the upcoming property tour in Florida the day before Profits in Paradise.

Key Takeaways:

[4:37] Is capital or labor more important

[7:47] Low inflation or even deflation can have disasterous consequences

[12:59] When rates are low, more people take out credit, and credit is a phantom version of money supply

[17:32] Inflation arbitrage can't last forever

Jason & Carrie:

[23:43] How Carrie's mini-property tour went

[26:50] The Refi Til Ya Die plan in today's market

[31:15] We're in an environment where you can just ask your lender for a better interest rate and it can work without a refinance

[32:27] Inventory is finally starting to pick up

Website:

www.JasonHartmanLive.com

www.JasonHartman.com/Properties

Low Inflation Haunts the Fed: Here's Why | WSJ

Jason Hartman discusses something he has talked about many times today, and that is the value of a dollar. To do so he breaks down a YouTube video by the Wall Street Journal that discusses inflation and what scares the Fed when it comes to it. Then Jason and Investment Counselor Carrie discuss her recent mini-property tour with investors and the upcoming property tour in Florida the day before Profits in Paradise.

Key Takeaways:

[4:37] Is capital or labor more important

[7:47] Low inflation or even deflation can have disasterous consequences

[12:59] When rates are low, more people take out credit, and credit is a phantom version of money supply

[17:32] Inflation arbitrage can't last forever

Jason & Carrie:

[23:43] How Carrie's mini-property tour went

[26:50] The Refi Til Ya Die plan in today's market

[31:15] We're in an environment where you can just ask your lender for a better interest rate and it can work without a refinance

[32:27] Inventory is finally starting to pick up

Website:

www.JasonHartmanLive.com

www.JasonHartman.com/Properties

Low Inflation Haunts the Fed: Here's Why | WSJ

Jason Hartman discusses something he has talked about many times today, and that is the value of a dollar. To do so he breaks down a YouTube video by the Wall Street Journal that discusses inflation and what scares the Fed when it comes to it. Then Jason and Investment Counselor Carrie discuss her recent mini-property tour with investors and the upcoming property tour in Florida the day before Profits in Paradise.

Key Takeaways:

[4:37] Is capital or labor more important

[7:47] Low inflation or even deflation can have disasterous consequences

[12:59] When rates are low, more people take out credit, and credit is a phantom version of money supply

[17:32] Inflation arbitrage can't last forever

Jason & Carrie:

[23:43] How Carrie's mini-property tour went

[26:50] The Refi Til Ya Die plan in today's market

[31:15] We're in an environment where you can just ask your lender for a better interest rate and it can work without a refinance

[32:27] Inventory is finally starting to pick up

Website:

www.JasonHartmanLive.com

www.JasonHartman.com/Properties

Low Inflation Haunts the Fed: Here's Why | WSJ

Jason Hartman and Investment Counselor Adam take today's episode to examine a real estate scam that is finally being investigated by the FTC that has been used to defraud untold number of people out of tens of thousands of dollars each. These criminals might finally be held accountable. After that Jason and Adam examine Dan Ariely's YouTube video about how to make money less abstract and why the idea of paying yourself first is so important. They then wrap up the episode with some great economic news for our tenants that neither side of the political aisle is talking about.

Key Takeaways:

[4:07] The FTC is examining alleged scams with TV stars from shows about flipping

[9:33] Be wary of free events

[13:20] How to compare your money

[16:22] Create your own hedonic values when it comes to your money

[18:18] Pay yourself first is an important concept for our lives

[20:55] The Pain of Paying concept

[27:40] The wage growth story that neither political party wants to take credit for

[31:27] The theory of anti-fragility

Website:

www.JasonHartmanLive.com

www.JasonHartman.com/Properties

Dan Ariely's Making Money Less Abstract

Jason Hartman and Investment Counselor Adam take today's episode to examine a real estate scam that is finally being investigated by the FTC that has been used to defraud untold number of people out of tens of thousands of dollars each. These criminals might finally be held accountable. After that Jason and Adam examine Dan Ariely's YouTube video about how to make money less abstract and why the idea of paying yourself first is so important. They then wrap up the episode with some great economic news for our tenants that neither side of the political aisle is talking about.

Key Takeaways:

[4:07] The FTC is examining alleged scams with TV stars from shows about flipping

[9:33] Be wary of free events

[13:20] How to compare your money

[16:22] Create your own hedonic values when it comes to your money

[18:18] Pay yourself first is an important concept for our lives

[20:55] The Pain of Paying concept

[27:40] The wage growth story that neither political party wants to take credit for

[31:27] The theory of anti-fragility

Website:

www.JasonHartmanLive.com

www.JasonHartman.com/Properties

Dan Ariely's Making Money Less Abstract