THE REAL WORLD OF MONEY
The Bond Bust: What’s Coming Will Make 2008 Look Like a Cake Walk
Andrew Gause may just be the top man anywhere for the highest quality analysis into the world of money we all live in. Andrew is a currency historian, an internationally recognized expert on the United States monetary system. He’s written two books, “The Secret World of Money” and “Uncle Sam Cooks the Books”. You can order these books as well as speak to Andrew personally. As a One Radio Network listener, you’ll have highest priority in his phone time. His # is 800.468.2646
-Andrew talks the Bond Bust and says that what’s coming will make 2008 look like a cake walk
-Patrick plays a clip from The Big Short; just enough to help us understand what’s going on, things Wall Street really doesn’t want us to understand
-“The Bond Market touches everyone everywhere”, says Andrew and he explains why
-Hilary’s unlawful behavior: Should she be prosecuted?
-The pendulum has swung; sell stocks and buy gold
-Andy explains ‘velocity of money’
-The states people are moving in and out of: New Jersey is the #1 state they’re moving out of; the #1 state they’re moving into is Oregon
-Will we see $20/barrel oil? Andy doesn’t see it, but he never thought $30 was a possibility either
-Bernie Sanders vs. Donald Trump would be the ultimate battle: Socialism vs. Capitalism
-Andrew’s message to those in the gun control movement
-Question from a listener:Maybe it’s the skeptic in me, but I think if the Feds start collecting tariffs (which I agree with) they will continue collecting income tax as well. They are too addicted to spending money & their past actions say they will not trade one tax for another – they just add!! What do you guys think?
-The babies born today in the US are already $37,000 in debt the moment they pop out; Andrew explains why
-How can the NFL go non profit after all these years?
-Question from a listener: In looking at the US debt as being so many trillions of dollars I never hear that there are assets to set against the debt, When the government pays for a jet, it pays for it and the jet is not an asset. What would be the asset value of the infrastructure, the forests, the national parks, the oil and oil shale and all other assets etc. Would the asset value of the US nullify the debt if normal accounting practices were utilized?
-Question from a listener:My son wants to work or start a business by the age of 18. Because of my distaste of the social security card, I am trying to figure out a way where he would not need to use it. I am not trying to circumvent paying taxes just not using his social security number. Any suggestions? Andrew recommends starting an LLC
-Question from a listener:Several times on the show, Andy has strongly recommended becoming a member of American Numismatic Association(ANA). I was wondering what Andy thinks about the numismatic diploma offered by the ANA. Would this be a wise choice for someone wanting to become a coin dealer? Are there other courses that Andy would recommend?
-Question from a listener:I am considering cashing in low interest CD’s and investing the proceeds via TREASURY DIRECT in short term US TREASURY SECURITIES. Should it be BILLS or NOTES and for how long? Is this strategy a good idea?
-Question from a listener:Last week Reverse repurchase agreements on the feds balance sheet rose $324 billion including all categories. Reserve Balances decreased $184 billion.Where do you think the other $150 billion came from when the fed sold treasuries.Rob Kirby says it came from the ESF as back door QE?
-Question from a listener:Earlier in the show, Andy mentioned a presidential candidate floating a tax rate of 92% above $100,000 in income. Which candidate is floating this idea?
-Question from a listener:What do you and Andy think of a Donald Trump / Rand Paul ticket? Perhaps that would result in a team with a very loud voice that tends to get things done yet still grounded in Constitutional values.
and so much more!!
andrew gause and the real world of money, january 13, 2016, hour one