1488: Tax Liens, Harry Dent on Inflation, Bitcoin
06/18/20 • 38 min
Jason Hartman responds to listener questions about tax liens being an interesting business right now. As well, he expands on some thoughts about supply/demand shock. Particularly, he makes this comparison using the recent changes in airline prices, webcams, and maybe even the housing market in cyclical areas.
Harry speaks on his thoughts about gold, cryptocurrency, and inflation. Specifically, asset vs consumer inflation. What causes inflation? What’s to be expected in the future when it comes to commercial real estate or the once sought after McMansions?
Key Takeaways:
[3:45] Everything you hear doesn’t have to be right, but it can be an additional tool for reasoning.
[4:30] Listener Question from James Altucher: Do you think that tax liens might be an interesting business right now?
[9:20] A question from a listener, Brit: regarding massive home foreclosures when compared to the parallels of the supply/demand shock of the airlines.
Harry Dent, Part 2
[16:30] What is Harry Dent’s opinion on cryptocurrency, bitcoin?
[19:45] Gold correlates with one thing, inflation.
[21:30] Money printing doesn’t necessarily cause inflation.
[22:30] What does cause inflation?
[25:15] Asset vs. consumer inflation, that’s the bubble.
[27:00] This is way worse than the debt bubble, this is a financial asset bubble.
[31:30] Commercial real estate and McMansions will collapse while the 3/2 will go on to thrive.
[37:00] The first billionaires were born of the great depression.
Websites:
www.JasonHartman.com/properties
Jason Hartman responds to listener questions about tax liens being an interesting business right now. As well, he expands on some thoughts about supply/demand shock. Particularly, he makes this comparison using the recent changes in airline prices, webcams, and maybe even the housing market in cyclical areas.
Harry speaks on his thoughts about gold, cryptocurrency, and inflation. Specifically, asset vs consumer inflation. What causes inflation? What’s to be expected in the future when it comes to commercial real estate or the once sought after McMansions?
Key Takeaways:
[3:45] Everything you hear doesn’t have to be right, but it can be an additional tool for reasoning.
[4:30] Listener Question from James Altucher: Do you think that tax liens might be an interesting business right now?
[9:20] A question from a listener, Brit: regarding massive home foreclosures when compared to the parallels of the supply/demand shock of the airlines.
Harry Dent, Part 2
[16:30] What is Harry Dent’s opinion on cryptocurrency, bitcoin?
[19:45] Gold correlates with one thing, inflation.
[21:30] Money printing doesn’t necessarily cause inflation.
[22:30] What does cause inflation?
[25:15] Asset vs. consumer inflation, that’s the bubble.
[27:00] This is way worse than the debt bubble, this is a financial asset bubble.
[31:30] Commercial real estate and McMansions will collapse while the 3/2 will go on to thrive.
[37:00] The first billionaires were born of the great depression.
Websites:
www.JasonHartman.com/properties
Previous Episode
1487: Harry Dent Rants! Not Enough Homes, Atlanta Market Heats Up
The housing market still doesn’t have enough supply to meet the demand of even those that are employed and can afford a house. Jason Hartman wants to know if you can handle the truth about why there aren’t enough homes to buy right now. As well, how has deregulation served us, or hindered us?
Harry Dent returns for the rant of the year! “This is a bubble that is waiting to pop,” says Dent as he opens up about the Coronavirus just being a cover for some underlying economic issues. “This is much worse than a debt-bubble, it’s a financial asset bubble.”
Webinar News:
Webinar Coming Soon! Rent Guarantee Insurance
Key Takeaways:
[4:30] “You want the truth?”
[8:45] The Atlanta Market heats UP!
[10:30] Here’s why there aren’t enough homes to buy right now.
[11:30] Deregulation can serve as an aid as well as a problem.
[15:10] Home builders are holding off on new homes.
[19:10] Construction of new homes was cut in half.
Harry Dent
[22:30] This is a bubble that was waiting to pop, and Coronavirus was just the cover.
[23:00] All of this money printing does not stop the virus.
[27:00] "There is no going back to normal here after 25% of restaurants and some areas closed down."
[33:45] China has already hit its peak. It is going to have trouble keeping up with India.
Websites:
www.JasonHartman.com/properties
Next Episode
1489 FBF: Capital & Crisis with Chris Mayer Author of ‘Invest Like A Dealmaker’ & ‘Secrets of a Former Banking Insider’
This episode of FlashBack Friday was Originally Released: October 2, 2011
Jason Hartman talks with Chris Mayer who is managing editor of the Capital and Crisis and Mayer’s Special Situations newsletters. He also is a contributor to the Daily Reckoning.
Graduating magna cum laude with a degree in finance and an MBA from the University of Maryland, he began his business career as a corporate banker. Mayer left the banking industry after ten years and signed on with Agora Financial. His book, Invest Like a Dealmaker, Secrets of a Former Banking Insider, documents his ability to analyze macro issues and micro investment opportunities to produce an exceptional long-term track record of winning ideas. Mayer’s commentary has been featured by MarketWatch, Russia Today TV, the Atlanta Journal-Constitution, and the Huffington Post. http://dailyreckoning.com/author/chrismayer/
Websites:
www.JasonHartman.com/properties
If you like this episode you’ll love
Episode Comments
Generate a badge
Get a badge for your website that links back to this episode
<a href="https://goodpods.com/podcasts/creating-wealth-real-estate-investing-with-jason-hartman-16591/1488-tax-liens-harry-dent-on-inflation-bitcoin-26592400"> <img src="https://storage.googleapis.com/goodpods-images-bucket/badges/generic-badge-1.svg" alt="listen to 1488: tax liens, harry dent on inflation, bitcoin on goodpods" style="width: 225px" /> </a>
Copy