This is the first show that David did in 2013. David talks about a variety of topics including:

Fiat Money, what is it? Our current form of currency that we use (The U.S. Dollar) is not backed by anything of intrinsic value. History has not been kind to civilizations that instituted what is happening right here in America today.

David talks about the Spender, the Saver and the Wealth Creator and The Personal Economic Flow Model

**Note** On the next show, David will make a clarification in regards to a how you finance a major capital purchase and  the difference between compounding interest and amortizing interest. Once you factor in the total cost of ownership which factors in lost opportunity cost, or principal and interest at interest, the cost is the exact same assuming the rate of return is the same as the cost you are borrowing. The cost are the exact same if you pay cash or you finance your purchase. (see below) However, having liquidity use and control of your money and uninterrupted compounding interest, are reasons to considering borrowing instead of paying cash. (see example below).

Tune in next week or give David a call at 501-218-8880