American Monetary Association

Mike Lingenheld appears on the AMA show today to talk about what's happening in the oil industry. He talks to Jason Hartman about different gold ratios and that there are gold/oil correlations to economic crises. Mike and Jason also do a deep dive and talk about the European economy as well as the dollar being the reserve currency.    Key Takeaways: 2:10 – What's happening with oil right now?  5:00 – Saudi Arabia isn't hurting economically due to their vast savings from the oil industry.  8:15 – Gold and silver does an accurate job in reflecting current inflation.  12:30 – Whenever the gold and crude ratio goes above 20, there seems to be an economic crisis.  15:30 – Mike thinks the US dollar will be the reserve currency for the next 15 years, at least.  18:40 – If Greece wanted to exist, it wouldn't be the end of the world.  20:45 – If Spain were to exist, there would be problems. Mike explains why.    Mentioned In This Episode: http://www.forbes.com/sites/michaellingenheld/2015/01/21/texas-saudi-arabia-and-

Jason welcomes Linda P. Jones to the show. Linda is a podcaster and financial expert who teaches others how to have a wealthy mindset and how to build wealth the right way. She became a multimillionaire by the age of 39 and talks to Jason about her stock market background, six steps to building wealth, and where the US dollar is going.    Key Takeaways: 2:30 – Linda realized early on that mutual funds weren't going to make her rich.  4:30 – People who are overly cheap or frugal do not have a wealthy mindset.  9:30 – Linda shares her story on how she made money in stocks.  14:20 – Even if you have a full-time job, having a side hustle is a great way to begin creating wealth.  16:45 – About every 8.5 years the US sees a financial cycle.  20:50 – Linda is a big fan of gold and silver and she explains why they're a great investment.   25:10 – The only reason the US has so much power is because they have a monopoly on money.    Mentioned In This Episode: Money Love by Jerry Gillies  http://www.lindapjones.com/

Jason Hartman invites Jeff Desjardins on to the American Monetary Association podcast today to talk about the neat infographics Jeff's company produces. Jeff is the president of Visual Capitalist and many of his infographics have been featured on Ink Magazine, Business Insider, Wall Street Journal, and other news outlets. Jason and Jeff talk about Visual Capitalist, Bitcoin, and more on today's episode.    Key Takeaways: 2:15 – Jeff explains what Visual Capitalist is.  5:45 – The infographics that Jeff's company produces are usually based on complex topics people have a hard time grasping.  8:30 – Advertising with Visual Capitalist is more cost effective than on more main stream media websites.  10:40 – Jeff talks about his favorite infographic that he and his team worked on.  14:50 – Jason and Jeff talk about Bitcoin in this segment.  15:45 – Jeff explains the hype cycle in technologies.  19:55 – Jason would love to be wrong about Bitcoin, but you simply can't invest in it just yet.  21:00 – A lot of people

Ahu Yildirmaz is the Head of the ADP Research Institute. She has some great insight about the workforce market and gives the audience a sense of where the job growth is really happening in the United States and why. Ahu talks about how there's a lot of growth happening in both the South and West regions in the United States. Ahu also tells the audience that there is a gender gap between male and female hiring rates and explains why this might be on today's show with Jason Hartman.    Key Takeaways: 2:15 – Ahu talks about where she gets her data from in the employment reports that ADP produces.  5:25 – Are people working more full-time or part-time hours? Ahu breaks it down.  9:00 – Northeast and Midwest are lagging in terms of job growth.  12:45 – Texas is doing exceptionally well right now.  14:45 – Job growth is happening a lot faster for men than for women.  16:15 – Why is there a gender gap? Ahu and Jason give their opinions on the matter.  20:25 – When the economy is not good, employers are looking for p

Dr. Windsor Holden is the Head of Consultancy & Forecasting with Juniper Research. He has written over 40 full-length reports while working with Juniper Research and he talks about one of his pieces, Mobile Commerce Markets, with Jason on the show today. Jason and Windsor talk about the future of mobile payments, Bitcoin, and how people can look forward to securer online transactions.    Key Takeaways: 1:45 – What's the latest on mobile commerce?  4:30 – Windsor explains what host card emulation is and why it's better.  6:20 – The involvement of Apple and Apple pay means that the mobile commerce industry will be improving a lot faster.  9:00 – Bitcoin has many hurdles to over come before it can be adopted by the mass market.  11:00 – Bitcoin fluctuates more than gold or any other currency.  12:30 – Windsor predicts that we will see a lot more tokenization in the future and less third party  interactions.  14:00 – Windsor gives out his website and how you can get his latest report on the mobile commerce ma

Dr. David E. Goldberg is a professor, writer, and a civil engineer. David has written several books on the topics of engineering and algorithms. Some of these books include The Design of Innovation, Genetic Algorithms in Search, Optimization, and Machine Learning, and, his latest book, A Whole New Engineer. Jason sits down with David to pick his brains on the latest in AI technology, why there's a decline in engineers, and we also get to find out a little bit more about David's most recent book.    Key Takeaways: 2:10 – David jumps right in and talks about AI, Artificial Intelligence, technology.  5:20 – To design a kidney by human hands is impractical, but nature has been able to create one for the past 3.5 billion years and more.  9:15 – As better or new technologies arise, so will the ethical questions.  12:45 – What's happening in engineering education right now?  15:40 – Engineers were seen as heroes and that view reached its apex around World War one and two. 17:55 – Roughly speaking, 6.9 billion of us

Ashlea Ebeling appears as Jason's AMA guest. She is a Forbes editor and talks about the different estate taxes you might face all across the United States. She also touches on federal and income tax on the show. She tells the audience every year she develops an interactive map on Forbes of where you should not die in the United States that you can check out in the show links.    Key Takeaways: 2:50 – How does New York's state tax have a 164% marginal tax rate?  7:20 – Can you avoid estate taxes? Ashlea breaks down four way you can do this.  11:30 – You have to be careful of inheritance taxes and need to look carefully into that before you give your properties away.  14:20 – Ashlea likes the idea of Roth IRA. Jason thinks there's nothing stopping the government from changing the rules.  18:10 – There are a lot of new tax rules and regulations happening for 2015 that people need to be aware of.    Mentioned In This Episode: http://www.businessinsider.com/bond-market-panic-phase-of-financial-crisis-2015-1 http:/

David Porter is a long time client of Jason Hartman's real estate company. He has been working closely with Jason's team since 2009 and has made several investments in both Indianapolis and Arizona. He catches up with Jason about how he is doing with some of his properties, talks about why the Indianapolis market is so great, China's economy, the future of shipping, and more on this week's episode of AMA.    Key Takeaways: 3:10 – David first bought his Indianapolis property in 2009.   8:40 – David talks a little bit about his background.  17:10 – You're more in control with real estate investing than you are with stocks.  22:15 – Take advantage of your ability to borrow and invest it in a conservative way.  24:25 – David has since an increase in retail shipments this year.  28:45 – Will China be stronger than the US's economy?  33:15 – Jason and David think the United States can stretch out their debt problem for a while.   41:50 – 3D printing, glowing trees, and more. Jason talks technology.  49:30 – David w

Todd Moss is the chief operating officer and senior fellow at the Center for Global Development. His work focuses on U.S and Africa relations and financial issues that sub-Saharan Africa is facing. He is also an author and has written several books with his most recent one, The Golden Hour, being a national bestseller. He talks to Jason about Africa, the economy, and why it matters.    Key Takeaways: 2:50 – 7 out of 10 of the fastest growing economies in the world are in Africa.  6:10 – We are seeing Africans transition from being very, very poor to becoming middle class.  9:25 – There's a lot more foreign investment in Africa and the countries that were very badly managed in the 70-80s are now being managed much better.  11:30 – Will outsourcing and manufacturing move to Africa? Todd explains in this segment.  13:50 – A lot of Africans speak English as their native language and the second largest language is French.  16:25 – Is there a strong Al Qaeda presence in Africa?  22:15 – Todd talks about his latest

In today’s American Monetary Association Show, Jason Hartman invites Jerry Robinson, author of Bankruptcy in Our Nation, to the show to share his views about what bankruptcy would look like. They discuss a variety of topics and consider frankly just how bleak America’s future could look. Robinson also gives his opinion on the impact of America’s international relations, as well as posing the interesting notion that we can see the path of America’s future by looking at the past of the rest of the world.   Key Takeaways 02.44 – Jerry Robinson’s Bankruptcy of Our Nation deals with facets of the economic crisis such as what happened, why it happened and what we thought would happen. 05.03 – In a number of ways, the 2014 picture we draw now looks very similar to the state of the world in 1914. 13.54 – No-one does anything for nothing. A closer look at the incentives can provide a lot of insight. 19.58 – The psychological impact of the economy is already taking an effect. People now expect prices and values to go u

Jason Hartman invites Tim Carney, author of The Big Rip-Off and Obamanomics and writer for the Washington Examiner to come on the show and give his thoughts about the huge and potentially irreversible impact that big business and big Government are having on America. They also discuss topics such as human rights to information and what you say when Goldman Sachs offers you a position.   Key Takeaways 05.55 – Tim Carney provides some examples where regulation seems to have an alternate outcome to what was hoped. 10.50 – A look at the options of how we can possibly dislodge the power of big business and government.  11.57 – Politics and the economy are starting to work together because fewer people are now gaining from a specific policy. 14.28 – Government agencies don’t even have to worry about subtlety; if they want you they’ll do what they can to get you. 16.16 – Why is it that they can spy on us and we get no information about Government actions, even when they affect us? 17.53 - Big business benefits from

Inspired by an article from Business Insider, Jason Hartman invites Dan Egan of Betterment onto the show to expand upon the idea of market timing. While much of the focus is on Wall Street and how market timing works in the stock market, a lot of these ideas can be applied to real estate investing. They also discuss topics such as long- and short-term capital gain, high-frequency trading and how happy we are with our own achievements in absolute terms.    Key Takeaways 02.33 – Stock trading investments are all about assessing long and short-term achievements. Remember that the government views capital gain in terms of short or long-term.  04.03 – Dan Egan describes the ‘bid ask spread’, an economic term for the costs you never see a bill for. 07.20 – High-frequency trading might not be everything it’s cracked up to be. You have to compare the situations of the big traders with average Joe’s actions. 13.30 – Personal satisfaction is hugely important, but it’s always competing with our comparisons to the people

Christine Hassler is a Gen Y and millennial expert. She believe millennials have the highest expectations and are often hit hardest when they face reality and realize it's not as easy as it looks. She talks to Jason about how to manage your expectations better, why she loves millennials, and a little bit about her latest book entitled Expectation Hangover.    Key Takeaways:  3:15 – Christine talks a little bit about her book, Expectation Hangover, and who it is meant for.  6:10 – Christine says millennials are hard working employees. They learn quickly and think outside the box.  10:15 – You need to have a break up in order to grow. A break up leads to a break down, which actually then leads to a break through.  13:00 – Take a brief pause in your life to accept the on-rush of feelings you might have, once you've done that, then you can work on releasing them.  16:00 – Christine believes millennials will find a better solution for our current broken school system.  19:10 – Don't base your happiness and self-wo

Lawrence Cunningham has written dozens of books including the Berkshire Beyond Buffett: The Enduring Value of Values, which Amazon called “a hot new title”. He has also written books such as the AIG story as well as The Essays of Warren Buffett: Lessons for Corporate America. Lawrence loves to teach, read, write, and spend time with his family. He comes on to the show today to talk with Jason about his latest book, Berkshire Beyond Buffett, and share some insights into why Warren Buffett is an incredibly successful man.    Key Takeaways: 3:11 – Lawrence says if you sell a product that's useful to your customer, you'll develop a returning customer. It's just a better business model than selling products no one wants.  7:30 – It turns out Warren Buffett got his values from Tom Murphy.  11:40 – When Lawrence interviewed CEOs for his book, there was a common theme among them – they trusted their staff and didn't try to control everything.  14:45 – What are some of the myths about Buffett? Lawrence explains in thi

Jeff Macke is the host of Breakout on Yahoo Finance and was an original cast member of CNBC's Fast Money. He is also the author of Clash of the Financial Pundits: How the Media Influences Your Investment Decisions for Better or Worse, which he talks a little bit about on today's show. In this episode, you'll find Jeff and Jason addressing some Doomsday theories as well as talk about inflation and deflation in currency.    Key Takeaways: 4:50 – Jason is staying at hotels for half of the price because he's been using services like Hotwire.com.  8:30 – People are having a hard time finding jobs. Investment bankers are becoming Uber drivers just to make some money.   11:45 – Jeff believes there are plenty of jobs available, just not jobs people want. Jeff says if you get a job you don't want now, it'll help provide you some money and help you work towards something you are passionate about.  13:00 – Jason is exciting about robotic technology and the self-driving car. 17:30 – Jeff is still nervous about the stock

Patrick Cox produces unbiased and independent research in the field of transformational technology. He has worked closely with Nobel Prize-winning scientists and economists along with having over 200 of his editorials appear on the Wall Street Journal, USA Today, and more. Patrick shares some insider science to Jason and his audience today and also talks about some very interesting medical advancements the media fails to report on.    Key Takeaways: 4:35 – Conviction and convenience do not live together, so you have to separate yourself from convenience.  7:10 – If you have plans to do great things, you are bound to find some resistance from your friends and family.  10:00 – You can't get more in life until you are grateful for what you have today.  14:00 – Birmingham property tour is coming up and Meet the Masters event is coming up in January.  18:00 – There's a lot of exciting things going on in science, but you wouldn't know that because the media is very poor at reporting science.  20:10 – Social securit

Senate Libertarian candidate, Sean Haugh, features as Jason’s guest on today’s American Monetary Association Show. Together, they discuss the viability of war, the need for America to prove itself as a haven of free trade and prosperity and some of the most important points forming the basis of Haugh’s upcoming campaign.    Takeaways   02.06 – Surely we can’t go to war with anybody unless we have a direct congressional authorization? 07.55 – If we can reinstate America as a country of free trade and prosperity, we can give other countries reasons to work with us, not against us. 16.45 – With everything going on in the world, one of the most important things for us to do is work on empowering women.  23.20 – Being a Senator in the United States isn’t about having all of the answers – it’s about clearing the restrictions for the experts that do have the answers.   26.28 – Find out more about Sean Haugh by heading to www.SeanHaugh.com, Twitter: @EmperorSean or Facebook searching Haugh for Senate. You can also fi

The impact of technology and the future of development plays a big part in today’s Creating Wealth Show. Jason Hartman invites Consuelo Mack of WealthTrack to give her thoughts about China’s current state, the importance of a diverse investment portfolio and where technology will lead us in 15 years’ time.   Takeaways   01.53 – If the New World Order really is the Old World Order, it means huge implications for America. 06.55 – It is the US consumer that drives the economy – this means a strong, independent economy, regardless of the state of the rest of the world. 10.10 – China’s family policies will be their own downfall because in 10-15 years, there will be a huge demographic hole. 14.40 – Who knows where the latest innovations of 3D printing and the self-driving car could lead us? 18.35 – An investment portfolio needs a good level of diversification and well-managed real estate investment could make all the difference. 23.13 – Alternative investments are looking like an interesting option, but we still ne

Bill Cheney of John Hancock Financial guest stars on the American Monetary Association show today to talk about economics. Bill has been a chief economist for the company John Hancock well over the past 27 years and talks a little bit about his experience and where he sees the financial market in the future.    Key Takeaways: 2:30 – The current unemployment rate is understated because many people have their own solo-gigs or unsteady work.  9:25 – What Bill is seeing in his surveys are that people are more likely to invest and feel less concerned about today's market. 12:58 – The stock market is not overvalued as long as company profits keep growing. 15:20 – Bill feels we are not a healthy economy yet, but we are a healing one.  21:00 – Over the years people have been able to buy more stuff, which is why inflation has been adjusted accordingly.  24:00 – The CPI is the best way to measure how much our lives have improved over the years.       Mentioned In This Episode: http://americanmonetaryassociation.org/ ht

In the today’s American Monetary Association Show, Jason Hartman speaks to author and former Department of Justice attorney, Sidney Powell. Together, they dive into some of the most scandalous and outrageous cases which have based through the Department of Justice in recent decades. Step-by-step, they overview several of the cases featured in Powell’s book Licensed to Lie: Exposing Corruption in the Department of Justice and consider the true state of our society.   Takeaways 01.30 – Sidney Powell’s book, Licensed to Lie: Exposing Corruption in the Department of Justice, deals with some of the most scandalous and historic events to come out of the United States’ Department of Justice. 9.50 – Within the Merrill Lynch case, it got to the point where favourable statements were hidden for six years while four Merrill Lynch executives were sent to prison without even a listed criminal offence. 13.30 – Sometimes there are two sides to a story and you need to dig a little deeper to find out what really happened. 1