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Jason
We've talked about this before on the show, but it's been so long I thought it would be a good idea to revisit it today.
The government wants power and to have power they need control. They use central banks to control your money and if they get their way they will use those banks to prevent you from ever having the freedom to use that money without their knowledge.
A lot of people dismissed this as conspiracy theory, but like many of the conspiracies we've outlined on the show, this one isn't a theory at all. It's a fact.
But what would a cashless society mean to you, your money and your life? Would it really be all that bad? Tune in today to find out.
Jason
P.S. This is the last week to get a 50% discount on my New Podcast Domination Course. You can sign up here: http://www.jasonstapleton.com/podcasting
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Even Fox News is jumping on the net neutrality fear mongering. In an article from their website they claim "On Thursday, the FCC repealed Obama-era net neutrality rules, junking the long-time principle that all web traffic must be treated equally."
What do they mean "long-term principle"? The current regulation has only been in effect since 2015! And what about the claim that all web traffic must be treated equally? Why? Why can't I buy faster speeds if I want to? Why can't I save money if I don't want or need faster speeds?
And let us not forget the underlying truth about net neutrality. The regulation attempted to fix a problem that didn't exist. It was an excuse for the government to finally get it hands on one of the last "free" markets on earth. And the sad thing is, most people championed the move.
Now that it's been repealed what changes can you expect? None, absolutely nothing will change. There wasn't a problem before, and there won't be one now. What you may see are new options in internet speeds based on the needs of the consumer but you aren't going to be throttled or blocked by your ISP from seeing specific content.
Have a great weekend everyone!
Jason
Deutsche Bank just released a new report showing 40% of bitcoin trading is Japanese yen-dominated.
That means nearly half of all bitcoin volume is likely coming from heavily leveraged FX trading accounts owned by financially illiterate Japanese traders looking for easy money.
That's important since heavily leveraged trading can be both a benefit and a curse. You can make a fortune in minutes, but you can also lose everything just as quickly.
I'll run you through the report and caution all of you again of the real danger in the bitcoin market.
Jason
If you listen to Donald Trump talk about the tax plan you'd think they were curing cancer on capital hill. The president claims "huge" tax cuts, "bigger than they thought" but the numbers just don't reflect it.
The highest wage earners among us are going to pay more, and your average middle-class American is only saving around 1%. It's a far cry from the president's claims.
***
California is considering moving to a mileage tax rather than a gas tax as more drivers move to fuel-efficient cars and electric vehicles.
This is a very libertarian idea that says you should pay for what you use. The same principle could be applied to police and fire, but you won't hear any California politician advocating for that kind of equality.
We'll discuss the idea and how a principle of "user fees" rather than taxes could solve a lot of our problems.
Great show today Thanks for listening! Tell a friend.
Jason
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