Justin Mohr Show (business, news & politics, education)

Chris Casey has been investing in the markets for years and he certainly sees some major warning signs that this economy may be heading toward a massive bust!  Every time the yield curve curve inverts doesn’t mean an economy will bust but every recession since the 1950s was preceded by an inverted yield curve. Most people have no idea what an inverted yield curve is and what it means so Chris breaks it all down and explains it in simple language. Chris also talks about Cryptocurrencies and gold!


The midterm elections have come and gone and the Democrats have taken the House. Now this isn’t all so bad. Divided power is good because this means “gridlock” and less destructive laws will be passed. Electric scooter companies like Bird are being banned in some progressive cities just like Uber once was when it was seen as destructive to the taxi industry. These scooters are a brilliant innovation of the Free Market and here comes the government trying to halt progress! This episode covers a lot of the crazy rational given by these progressive cities for their “brilliant” move to protect the people.


$1.3 Trillion was added to the national debt in fiscal year 2018 alone! 2018 was Trump’s full fiscal year as president and with a deficit that large I wouldn’t call that draining the swamp!  How are we ever to get our economy on a sustainable path when we spend like drunken Democrats and Republicans!? We’re also set to spend $7 Trillion on interest payments alone in the next decade.  How’s that for sustainable?


Argentina is facing some huge hurdles economically while the average citizen is getting poorer due to 30% inflation rates! They have 60% interest rates and just a few weeks ago when I was in Argentina interest rates were 45%. Things are spiraling out of control fast and I will keep you updated with this story the media isn’t talking about.


The crisis in Venezuela has only gotten worse and the IMF sees 1 million percent inflation by the end of the year. The inflation rate currently, is around 40,000%. The only good news we have heard is the President of Venezuela, Maduro, admitting that their models aren’t working. No kidding! Will people in the U.S. and around the world learn this lesson from Venezuela that Socialism doesn’t work!


Venezuela is experiencing 25,000% inflation this year and people have now turned to barter. This only makes sense. Why use a medium of exchange that can’t serve as well… a medium of exchange! This is why it is crucial for you to own physical precious medals like gold and silver!  Be ahead of the masses and by the cheapest insurance you can buy!

Direct download: jmsEp180-venezuela_and_barter.mp3
Category:Business, News & Politics, Education -- posted at: 10:35pm MST

The Federal Reserve has raised rates for the 7th time in a decade. The latest FOMC statement and the Fed’s move here tells us a lot.  The Fed really does believe the economy is strong and that it is fundamentally and structurally strong. The Fed thinks the band aids put on our economy in 2008 actually fixed things.  This sort of arrogance is very destructive and will lead to the next collapse. Stay tuned.

Direct download: jmsEp179-fed_raises_rates_7th_time.mp3
Category:Business, News & Politics, Education -- posted at: 11:34am MST

Recently, a 5th New York City taxi driver has committed suicide. Many of these taxi drivers own the once coveted $1 million taxi medallion the problem is that currently those taxi medallions are worth $175,000!  These taxi drivers are deep in debt and feel they have no way out!  Uber and Lyft definitely have increased competition for people needing rides but the real reason these taxi drivers are hurting is because of government! It’s government that created the taxi monopoly in the first place and gave value to these silly medallions to limit competition! How is the government ever for the little guy when the rules and regulations imposed by government make services to the consumer more expensive?

Direct download: jmsEp178-Taxi_medallions.mp3
Category:Business, News & Politics, Education -- posted at: 8:56am MST

The sign of massive bubbles blowing up in the economy is evident with the cruise ship industry. This Royal Caribbean has came out with its new ship, “Symphony of the Seas.” It’s the largest cruise ship the world! This sort of event is consistent with the Austrian view of the Business Cycle. Listen to this episode as I explain why an economy booms and why it busts. Recessions are also the necessary correction phase to actually have a firm foundation on the economy. I explain all this here and more so don’t miss it!

Direct download: jmsEp177-The_Cruise_Ship_Curse.mp3
Category:Business, News & Politics, Education -- posted at: 6:59am MST

The yield curve is continuing to flatten with 2 year treasury bills at the highest they’ve been since 2008! The yield curve inverting is a very strong predictor of a recession. So how much longer will this tightening cycle by the FED go on until this bubble pops and the inevitable happens? When this bubble pops, 2008 will seem like a nonevent.  Please protect yourself and be prepared.

Direct download: jmsEp175-inverted_yield_curve.mp3
Category:Business, News & Politics, Education -- posted at: 9:35am MST

The economic collapse in Venezuela has worsened and is now in the midst of hyperinflation. The average Venezuelan has lost 25 lbs. not by choice, but rather because people are starving to death! Folks, this is what 20 years of socialism gets you!  It gets misery and equality of misery!  The government doesn’t create prosperity, but rather gets in the way of it and makes it harder for you to achieve. When will people wake up and learn from history!? I won’t be holding my breath.

Direct download: jmsEp175-Venezuela_and_hyperinflation.mp3
Category:Business, News & Politics, Education -- posted at: 1:17pm MST

Federal Reserve has raised interest rates for the first time under the new fed chair, Jerome Powell, to the rage of 1.5% to 1.75%. The Fed and the “experts” out there think that the Fed will for sure raise rates 3 times this year but I wouldn’t be too sure about that.  I think there’s a good chance that the only other time rates will go up in 2018 is in December. Listen to this episode to find out my reasons behind this and what I think about Larry Kudlow as Trump’s new chief economic advisor.

Direct download: jmsEp173-interest_rates_and_larry_kudlow.mp3
Category:Business, News & Politics, Education -- posted at: 9:18pm MST

President Trump recently announced a new 25% tariff on steel and 10% tariff on aluminum imports. Tariffs are a horrible policy and protectionism doesn’t work!  It might save a few jobs in the very short term but long term it’s a major job killer!  Protectionism makes our companies less innovative and actually leads to U.S. companies being less competitive overseas!  This is exactly what we don’t need right now!  Tariffs cause a lot of intended consequences and I mention many of them in this episode.

Direct download: jmsEp172-Trump_on_tariffs.mp3
Category:Business, News & Politics, Education -- posted at: 11:10am MST

On Valentine’s Day, the worst school shooting took place with 17 people dead. Of course this issue has turned into a political football but there’s a simple solution…allow teachers to carry guns!  All of these mass shootings occur at gun free zones! We need to eliminate the gun free zones! It’s really quite simple because criminals don’t follow the laws. Passing more laws only disarms the good guys and we need the good guys with the guns!  So what is happening now in the political sphere in regard to gun control is the same B.S. these politicians are for another solution where the government needs more power and we need more regulations to “protect” us.  When will people realize the government isn’t exactly good at solving problems, actually they’re really good at making matters worse!

Direct download: jmsEp171-gun_control_revisited.mp3
Category:Business, News & Politics, Education -- posted at: 9:58pm MST

Our national debt is $23 Trillion and now thanks to the republicans who say they are fiscal hawks, $1 Trillion deficits may become the norm.  The first three years of the Obama presidency we had Trillion dollar deficits and that was insane!  That’s party how the Tea party came about but the tea party is dead! No one in Washington is serious about spending cuts. Obama doubled the craziness of wild Bush spending and now will Trump double Obama’s madness?  It’s looking like. Hold on to your hat folks.

Direct download: jmsEp170-republican_hypocrisy_on_deficits.mp3
Category:Business, News & Politics, Education -- posted at: 6:29pm MST

I just got back from Singapore and man what an experience that was!  I really felt like I was in the novel 1984. Cameras are watching you everywhere, every little thing is regulated!  A car that costs $30,000 in the U.S. costs $130,000 in Singapore!  The government censors everything and there’s really no such thing as freedom of speech. I was almost fined $500 in Singapore! It’s not the Libertarian state many believe.

Direct download: jmsEp169-My_adventure_in_Singapore.mp3
Category:Business, News & Politics, Education -- posted at: 2:57pm MST

The dollar is at a 3 year low while gold is up 7% in the last 30 days. Bitcoin is off about 25% from its record high. 2018 is off to a crazy start but it seems that this may be a fantastic year for gold. Granted the stock market keeps hitting new highs but think of it this way…What’s the best way to position yourself in terms of risk to reward?  The clear winner is GOLD!!  Gold is still 20% below where it was 5 year ago! Hell gold is about 32% off from its all time high back in 2012!  Silver needs to nearly triple to get to its all time high in 2011. And if you invest in the gold and silver miners you make a multiple of what the metals do! I think 2018 is the breakout year for gold and silver!  I will keep you updated with the latest. Let’s profit from the inevitable.

Direct download: jmsEp168-Gold_the_dollar_and_cryptos.mp3
Category:Business, News & Politics, Education -- posted at: 7:08pm MST

Attorney General, Jeff Sessions, has rescinded the Cole memo and now has his own memo that will indeed go after the states that have legalized marijuana.  One of the few good things Obama did as president was that he actually let states nullify federal laws against marijuana. Now here comes the republicans, these guys who think their some small government types who say they love the free market, they’re full of it!  Both parties love their own form of Big Government and I’m sick of this madness from these party clowns!


Fed Chairwoman, Janet Yellen, has raised interest rates for the last time under her tenure.  This is the 5th time interest rates have been raised under Yellen. For that matter, this is the 5th time interest rates have been raised since the financial crisis began in 2008! So we’ve had near 0% interest rates for 10 years and the fed thinks it’s getting tight when interest rates are at 1.5%!? This is crazy! We still negative interest rates when you figure in the inflation rate!  We’re not in some miraculous recovery like most in the media believe.


The Bitcoin futures market is now open! What does this mean for Bitcoin now that people have the ability to short it? If you look at a chart of Bitcoin it literally goes straight up!  How long will this bitcoin bull market continue? In a two week period, Bitcoin went from $8,000 per coin to $16,000!  There’s definitely a lot of similarities between Bitcoin and the tulip bulb mania from the 1600s. People literally were trading their houses for a single tulip bulb!  What, you say this time is different? From what I have seen from history, this time is never different.

Direct download: jmsEp165-bitcoin_mania_continues.mp3
Category:Business, News & Politics, Education -- posted at: 5:22pm MST

More sexual allegations have come out and the latest person to fall and be fired is the long time “Today” co-host, Matt Lauer. Every day it seems like there’s someone else! Also, Janet Yellen fears a boom and bust if we don’t stay ahead of inflation by keeping up with interest rates. This is more evidence that my theory on Janet Yellen is correct. And Bitcoin has recently went over $10,000 per coin and now even the FED is thinking about making its own cryptocurrency!  Lots to get to on today’s show!

Direct download: jmsEp164-Yellen_bitcoin_and_matt_lauer.mp3
Category:Business, News & Politics, Education -- posted at: 10:11am MST

The House has passed their version of tax reform and now the senate is working on their version of the bill. Will the republicans get a bill through by year end?  This bill has gotten a lot of criticism from the media now don’t get me wrong this bill has a lot to be desired to get a truly great bill but it does have some good things in it.  Most people are saying this bill only helps the rich, this is lie!  This bill helps every income bracket by reducing your taxes. But what’s more important than cutting taxes right now…it’s cutting government spending! All government spending is a tax so that should be the first thing addressed and I don’t hear anyone on Capitol Hill talking about it!

Direct download: jmsEp163-Republican_tax_bill.mp3
Category:Business, News & Politics, Education -- posted at: 10:17am MST

Most people think that China is largest holder of our debt and so everyone is very worried about China and if they decide to dump U.S. treasuries. But China isn’t the largest holder of U.S. Treasuries, it’s the Federal Reserve!  They own more than double what China owns!  Also, Trump has made his choice for the new fed Chairman, Jerome Powell.  Powell is not an economists but he really is more of the same and he seems like he fits right in the middle between a Bernanke and Yellen.  Protect yourself from the destructive Federal Reserve!

Direct download: jmsEp162-new_fed_chair_powell.mp3
Category:Business, News & Politics, Education -- posted at: 10:44am MST

This Halloween the PC police are at it again so what you plan on dressing up as this Halloween make sure you don’t offend anyone!  If you are dressed up in the Donald Trump Wall costume that must mean you’re a racist that hates Mexicans! Or if you’re a man and dress up as a woman you are making fun of transgender!  I mean seriously what the hell don’t people have a life!?  Also, what really is the key to influencing people in your life and pulling them to your side?  There’s one factor and skill that if you master it, it can completely change your life and you will indeed change your life!  I just got back from the Contra Cruise and boy do I have a story for you guys… I literally almost missed the ship at the last stop. Imagine running down the pier to the ship as the horn is blaring and it’s about to take off and I’m running for my life… Yep, that really did happen. Let me explain.

Direct download: jmsEp161-Contra_Cruise_2_and_Halloween.mp3
Category:Business, News & Politics, Education -- posted at: 11:55am MST

I came across a piece and this lady is showing her “facts” that is supposed to lead the reader to the conclusion that free market capitalism doesn’t work. That it’s in fact, the countries with more government control that are seeing the most growth today and are experiencing the most prosperity.  This article is such a teachable moment and it shows how people with similar “facts” can see things in such different ways!  How can we become better at communicating our message?  The simple answer is… to become better at arguing for your point of view, you must first become a good listener. Thinking you can convert someone on the spot in all likelihood isn’t going to happen, we need to think long term. We all have our own, unique light bulb moment. The question is… How can bring someone to their light bulb moment of clarity?

Direct download: jmsEp160-free_market_capitalism.mp3
Category:Business, News & Politics, Education -- posted at: 2:35am MST

Last week I visited Cuba and it was an enlightening experience.  Imagine going to a city where it hasn’t been improved or maintained for 60 years… Yep, that’s the feeling I got when roaming the streets of Cuba. Everything is just really old, musty and colorless. People that have the mindset that government can provide prosperity is very laughable indeed. The government only consumes resources and allocates them in a very inefficient way compared to the private sector. On the world index, comparing countries prosperity, Cuba is ranked 177 and closely followed by the basket case, Venezuela. The government only gets in the way of prosperity!  We need to get more people to understand this!

Direct download: jmsEp159-what_its_really_like_in_cuba.mp3
Category:Business, News & Politics, Education -- posted at: 9:13am MST

John Hunt and Doug Casey are back with the second installment of the High Ground Series, “Drug Lord.” John discusses how the war on drugs is a complete disaster and how the government has made matters worse!  Also, the problem with legal drugs and the revolving door of cronyism from the guys at the FDA! For many people out there, legalizing drugs still sounds bat crazy but looking at the system we have today…is it really that crazy?  Look at all the unintended consequences of government making drugs illegal.  Instead of things being above ground where it’s safer and you know what’s in the good you’re consuming, instead you’re trusting a drug dealer! What happens to people that are addicted to legal drugs like pain killers? They seek a cheaper alternative called heroine! This out of control drug war needs to stop! The war on drugs has made it less safe, not safer like the government wants you to believe!


The Federal Reserve has finally done what many have thought wouldn’t happen…The Fed will begin shrinking its bloated, $4.5 Trillion balance sheet in October. This is the right thing to do but the question is can our economy handle it?  No, our economy is addicted to this funny money so this move by the Federal Reserve is the pin inching closer and closer to the balloon. This tightening by the FED will lead to the exposure of this fake recovery. All of the malinvestment that has taken place in our economy for years now will be shown for what it is…unsustainable! The question is…why is Janet Yellen really doing this? Why does she seem so bold and fearless now? Let me connect a few dots for you and I believe I have the answer to this odd scenario we find ourselves in today.


President Trump worked out a debt ceiling deal with Democrats to push out the debt ceiling issue until December 8th.  Trump is acting more and more like a democrat and the status quo of Washington D.C.! The swamp isn’t going to be drained and size of government will not be cut either! This is not going to end well when our national debt passed $20 Trillion on September 8th!  Protect your savings! The dollar isn’t safe so act accordingly.

Direct download: jmsEp156-debt_ceiling_deal.mp3
Category:Business, News & Politics, Education -- posted at: 12:35pm MST

Hurricane Harvey is looking like it will be the costliest natural disaster to ever occur in the United States. This devastation has destroyed the lives of millions of people. The Keynesians view disasters as a good jobs program that can boost the economy and keep spending going. How ridiculous is this!?  But this is really how these “economists” think and it’s crazy that people can believe this garbage. Price gouging is seen as a negative but allowing prices to rise during disasters allows goods to flow to their most efficient uses. It’s basic economics and the government shouldn’t be interfering because they screw things up just like they always do!

Direct download: jmsEp155-the_economics_of_hurricane_harvey.mp3
Category:Business, News & Politics, Education -- posted at: 12:33am MST

Janet Yellen gave a speech in Jackson Hole Wyoming last week and she didn’t address monetary policy at all!  Many commentators were surprised by this and she focused mainly on regulations. She pointed out how the FED and congress responded correctly during the 2008 financial crisis by imposing more regulations on the financial sector. She says these regulations have made our economy more resilient than it was 10 years ago! The main point missed by all commentators out there is that she’s doing this to set up the narrative that deregulation will be to blame for the next financial crisis! This will be the way to protect her legacy and the democrat party and it will leave all the blame on Donald Trump and the Republican Party! Everything is political my friends.

Direct download: jmsEp154-Yellen_at_Jackson_Hole.mp3
Category:Business, News & Politics, Education -- posted at: 11:06am MST

Household debt has hit a record high of $12.8 Trillion! This is the highest we have seen since the financial crisis bottomed in 2009. 30 day credit card delinquencies are on the rise standing at 6.2%. One year ago that same figure was 5.1%! 90 day credit card delinquencies are on the rise and this is a sign that the average consumer is being squeezed. The cracks in the very faulty U.S. economy are beginning to appear and this is not the recovery most people think that’s taking place.  $51 Billion worth of auto loans last quarter went to people with a credit score under 660. (this is considered subprime)  Folks, crap is about to hit the proverbial fan and understanding what’s coming next puts you leap years ahead of everyone else out there. Stay tuned.

Direct download: jmsEp152-household_debt_hits_record_high.mp3
Category:Business, News & Politics, Education -- posted at: 1:46pm MST

Is bitcoin money? Keith Weiner discusses why gold is crucial in an economy and that bitcoin isn’t money. Keith also discusses why the system if failing today.  His view of why the system is failing is much different than the mainstream view. You don’t want to miss this insightful interview with Keith Weiner!


Keith Weiner talks about money and what real money (gold) is. He argues that gold can’t circulate without an interest rate so his big push is to give gold a yield. So to transition to a gold standard, Keith argues gold must have an interest rate first.  Also, many confuse the terms of speculation vs. investment and Keith makes a clear distinction between these two terms and they’re actually opposites. And should the average person invest in gold miners? All this and more answered! Don’t miss Part 2 of this in depth discussion of money with Keith Weiner!


The crisis in Venezuela continues to get worse. On January 1st 2017, $1=$3,000 Bolivars, today $1=$8,000 bolivars. The inflation keeps getting worse and experts are now projecting over 2,000% inflation in 2018!  The government keeps trying to seize more control to “fix” the economy. The insanity in Venezuela could easily be fixed if people only understood the government always makes matters worse and they never can help you!  The free market and the private sector and embracing capitalism is the only way out!

Direct download: jmsEp150-Freedomfest_and_venezuela.mp3
Category:Business, News & Politics, Education -- posted at: 10:30am MST

Janet Yellen is taking back some comments she made back in London two weeks ago. Janet Yellen had said she really doesn’t see another financial crisis happening in our lifetimes. Why would she say this?  She says this because she sees that government regulations can protect us. Dodd-Frank was passed as a response to the housing crisis and she really thinks this will protect us. The only way she thinks we will have another crisis is if we repeal this regulations! Yes, she’s already setting up the new narrative for the next crisis, DEREGULATION!  Which of course that’s the cause of the next crisis at all. Big government and the fed are to blame. They are always the ones that cause crisis after crisis but they will never see it.

Direct download: jmsEp149-Janet_Yellen_and_the_fed.mp3
Category:Business, News & Politics, Education -- posted at: 2:06pm MST

The state of Illinois is on the verge of bankruptcy. $15 Billion in unpaid bills and no budget plan going on 3 years running. The state legislature in Illinois has worked out a budget deal that’s suppose to pull the state back from the brink but it won’t! The budget bill doesn’t reform the pension problem in a meaningful way and it’s the underfunding of state pensions that has largely led to this debt in Illinois. The future obligation to pensions in Illinois is $251 billion!  The state legislature thinks raising $5 billion in taxes by increasing the state income tax by 32% is a good idea!  When will these politicians learn?

Direct download: jmsEp148-Illinois_is_broke.mp3
Category:Business, News & Politics, Education -- posted at: 11:13am MST

A new study from the University of Washington has shown that Seattle’s new $15 minimum wage is actually hurting those low skilled workers that it was intended to help!  It’s amazing how people are still shocked by things like this but I guess maybe it shouldn’t be, since the average person out there is economically illiterate!  Many of the so called “experts” out there are also economically illiterate! 
A minimum wage is pricing low skilled labor out of the market entirely! If you can’t gain job experience from getting a first job, how in the heck do you climb the ladder to obtain that more skilled second job? This is just one more lesson of the government destroying the lives of those it’s intended to help. It’s a sad story indeed.

Direct download: jmsEp147-Seattle_minimum_wage_disaster.mp3
Category:Business, News & Politics, Education -- posted at: 12:19pm MST

With the republicans in charge on Capitol hill, it seems we might just get some tax reform. Many republicans seem to think that if we can just cut taxes we can get the economy booming and the debt problem we have right now will be no more. This view sounds all well and good but if republicans are really thinking cutting taxes and at the same time growing the size of government will make things better, they are delusional! All government spending is taxation so therefore we need to cut the size of government in a meaningful way!  That’s the only way out of this mess!

Direct download: jmsEp146-cutting_taxes_isnt_enough.mp3
Category:Business, News & Politics, Education -- posted at: 8:53pm MST

69% of Americans admit to have less than a $1000 in the bank! Why is this? Even the retirees out there die broke. 46% of retirees die with less than $10,000 in the bank. That’s not much money when you’re not bringing in income and are relying on savings! There’s no question there’s a lot of factors that have led to the average American being broke and the payment mentality is certainly one of the many contributing factors. In the last 17 years we have seen a 4% rise in median wages and an 89% increase in home prices. So the purchasing power of our wages has gone down so the average American is poorer today! This is the result of government spending hitting record levels! The governments spends money at the detriment to the average American.

Direct download: jmsEp145-Half_of_americans_die_broke.mp3
Category:Business, News & Politics, Education -- posted at: 5:08pm MST

Jared Bernstein, from his new piece at the New York Times discusses what the lefts agenda should be. He makes the case that progressives must remain in waiting and be ready when it’s time to act but always be fighting. All of the agenda items he wants to see calls for more government programs, more regulations, more subsidies for the poor and he thinks this will make life better for the averages American! Has he learned nothing from LBJ’s great society in the 1960’s. This is why we free market types need to continue to learn more as much as we can and become more effective communicators because the fight will continue to go on.


Half of the cost of an electric car is from the battery packs and cost of these battery packs are projected to fall 77% by 2025!  Just back in 2010 it cost $1000 per kWh and today Tesla is doing it at a cost of $190 per kWh. So prices have already fallen significantly and will continue this trend. This is encouraging to see and this is why we don’t need to subsidize and encourage people to go “green.” When the price is right because of production prices have drastically fallen then the consumer will step up to the plate and make the transition from a conventional gasoline engine to an electric car. Isn’t the free market a beautiful thing?


Many conservatives and supply siders seem to think we can grow out of massive debt problems but that is not the case. Even if we achieved economic growth of 3% instead of our current average since 2010 at 2% that will cut the deficit by $3 Trillion over the next decade. That sounds all nice but we will still be adding another $9 Trillion to the debt over that same decade! Entitlements need to be addressed if we want to get serious about our debt issues. Unfortunately for us, the politicians out there will take the easy way out by destroying the value of the currency via inflation.

Direct download: jmsEp142-economic_growth_isnt_enough.mp3
Category:Business, News & Politics, Education -- posted at: 10:19am MST

The crisis in Venezuela just continues to get worse. Riots have been going on for 2 months now and protestors have taken down a statue of Hugo Chavez. The crisis continues to get worse as the government continues to take more and more control. Seizing private property, having majoring ownership in 511 companies and things just get worse for the Venezuelan people. When will people put 2 and 2 together? I won’t hold my breath.

Direct download: jmsEp140-riots_in_venezuela.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MST

April 29th marked President Trump’s 100th day in office. The importance of the first 100 days is stressed day in and day out in the media but what’s to make of Trump’s presidency thus far? Some libertarians were enthusiastic supports of President Trump. They thought Trump’s foreign policy would be very much isolationist. What we have learned of Trump’s first 100 days in office is that he’s an interventionist domestically as well as internationally. This isn’t good news for lovers of liberty!

Direct download: jmsEp139-Trumps_first_100_days.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MST

American Airlines now has its own incident and I don’t see the news headlines for this one like we saw with United. An employee of American Airlines hits a woman with a stroller while me pulls it out of her hands and the stroller almost hits the woman’s baby as well. After this incident the employee comes back on the plane and asks a passenger if he wants to fight and go at it. Also, the former king of cable news, Bill O’Reilly is fired from Fox News! In political news, Trump said in a Wall Street Journal interview on April 12th that he thinks the dollar is too strong!  This is why the focus of my show is on economics because the world is full of economic illiterates!  https://www.theguardian.com/world/video/2017/apr/22/american-airlines-employee-clashes-with-passenger-video

Direct download: jmsEp138-trump_and_weak_dollar.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MST

United Airlines was the topic of media discussion all last week with the bloody Dr. David Dao. There’re some simple solutions that could have prevented this horrible incident from ever occurring! Obviously compensation greater than $800 should have occurred to entice passengers to voluntarily give up their seats. Also, last minute changes to flight crews should be avoided when everyone had already boarded the plane. People are less likely to give up their seat when they’re already sitting it in. The media really has blown this United story to hell and back and most people need to take a step back and look at everything in it’s entirety. Some people like Senator Chris Van Hollan think a government law is the answer! Are you kidding me!?

Direct download: jmsEp137-united_airlines.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MST

Danielle DiMartino Booth has a new book out on the fed from an insiders perspective. She says many things that Austrians can agree with and other things where she doesn’t go far enough!  She says we shouldn’t get rid of the fed but rather just need more competent people in charge. John Tamny offers critiques on her book but John misses the point in many respects. John Tamny thinks we mainly don’t need a fed because it’s largely irrelevant as it is. The way Mr. Tamny sees how the banking system works would still depend on a federal reserve so I can’t agree with his analysis either.  There’re many opinions on the fed and it seems Ron Paul and Murray Rothbard are the most correct on this issue.

Direct download: jmsEp136-JohnTamny_on_the_Fed.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MST

Elon Musk successfully launched and landed the recycled rocket, Falcon 9. This is such a perfect example of how the private sector does things better and far cheaper than anything the government can do. The private sector can launch a rocket at a price tag of $200,000 compared to NASA’s cost of $450 million!  Isn’t that insane!? The more money that goes to government than that’s more money that is just being pissed away to the inefficient and wasteful government! Government invests for a political return, not an economic one!

Direct download: jmsEp135-falcon_9_rocket.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MST

Paul Ryan pulled the vote expected vote for the republican healthcare bill. The republican party is at war with itself. We see the establishment types blaming conservatives for not falling in line. The republican healthcare bill was a disaster and this goes to show that all the republican votes to repeal Obamacare, while Obama was in office was a bluff!  The republicans never did want to fully repeal Obamacare!  Big government only continues to grow under the supposedly “small government” republicans.

Direct download: jmsEp134-republican_civil_war.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MST

The Federal Reserve raised interest rates for the 3rd time in 10 years at its March meeting. Most of the “experts” out there didn’t expect this rate hike until the week before!  Janet Yellen is more aggressive to raise interest rates simply because Trump is now the fall guy. Trump from his tweets has taken ownership of this economy from the political perspective. Meanwhile in Venezuela, things are getting worse…People are standing in bread lines and the government has decided to make standing in breadlines illegal! And they’re arresting bakers for overpriced bread! Yes, the insanity continues!

Direct download: jmsEp133-fed_raises_rates_in_march.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MST

People are upset with what I had to say in regards to Indian reservations and capitalism. People today like to see themselves as victims. Once you see yourself as a victim you have already lost!  You have the power to change your thinking at any time and how you choose to let things effect you. Most people don’t get this and they settle for mediocrity in life. The latest jobs numbers released were the first to come out of the Trump presidency and they’re better than Obama’s last year in office. So there’s some optimism out there with a jobs number of 235,000 for February but we’re not out of the woods yet. We are nearing the point at which the bubble is popped and all the malinvestments come to the surface.


Trump addressed Congress for the first time and his speech had a very nationalistic and police state sort of vibe to it. The republicans that were against a big government when Obama was in office, now seem to be falling behind their leader supporting a $1 Trillion infrastructure program! President Trump also suggested five things that he wants to see done with healthcare and it really sounds like Obamacare lite! The only way to reduce the severity of our future economic crisis is to shrink the size of government and there’s no willingness to do this from either side of isle!

Direct download: jmsEp131-Trump_addresses_congress.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MST

A local radio host at KCTR in Montana, Paul Mushaben, was taken out by the politically correct culture that’s overwhelming the politics of today! He has been indefinably suspended for pointing out the property destruction that has taken place when Native American basketball teams have played other schools in Montana. To boil this all down, what is it that has led to this sort bad reputation from these teams? Race has nothing to do with it!  It’s a lack of capitalism on Indian reservations. When socialism and government dominate society it literally destroys people! When the economic collapse in the United States comes this way, the people who have been sucking off the government teat for years will be in big trouble because they’re not capable of providing for themselves. And how will they react to this? Unfortunately, with violence.    


The stock market continues to hit record highs and the Dow is nearing in on its next target, a 21,000 point DOW. How much more will the markets go up before the big crash? That’s something hard to predict but gold and silver have also been on the rise. Gold is up nearly 8% in 2017 and silver is up 13%. Gold and silver are still not anywhere close to their record highs from 2011. With I high risk stock market, gold and silver at this point, is incredibly cheap insurance! Also, unpiloted flying drone taxis are coming to Dubai this July! This technology is amazing and shows the private sector at work making life better for everyone. Here’s a link to the drone video mentioned on the show. http://www.wsj.com/video/flying-drone-taxis-could-take-off-in-dubai/F329FEAC-2366-4796-9205-72C0344F17D0.html and here’s the article: http://www.economist.com/blogs/gulliver/2017/02/taxi-take-0

Direct download: jmsEp129-stock_market_and_taxi_drones.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MST

The super bowl this year turned out to be an incredible game with the comeback win by the patriots. Tom Brady, who is arguably the best quarterback of all time, was a 6th round draft pick!  When each NFL team has a salary cap of $155 million a lot of strategy and opportunity cost comes into when putting together a “winning” team. Then we move over to Venezuela and those people are going through a lot and have been for some time now as they are going through an economic collapse. The people of Venezuela are starving to death and are now eating pink flamingos, ant eaters, dogs and cats just to survive!  This is what central planning looks like in all its glory!

Direct download: jmsEp128-Tom_Brady_and_the_patriots.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MST

The 2,300 page Dodd-Frank bill that was passed into law back in 2010, is seen as a way to prevent another 2008 like event. This line of thinking is totally out of wack with reality and another financial crisis is coming!  Politicians always think if we just add another regulation that will protect us but unintended consequences come with these new regulations and Dodd-Frank is full of them!  The partial repeal of Glass-Steagall is seen as the deregulation that led to the financial crisis in 2008, this is not the case at all!  Even if there never was a repeal of Glass-Steagall at all we still would’ve had the financial crisis in 2008!

Direct download: jmsEp127-Dodd_Frank.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MST

The GDP growth numbers for 2016 were recently released and it was below expert expectations. GDP growth for 2016 was only 1.6%! The average GDP growth for the last 7 ½ years was only 2.1%! Those are some really lousy numbers! The question is, why has our economy grown so slowly these last 7 ½ years? It’s mainly because government spending is crowding out private sector investment! We need to shrink the size of government! That is how we make America Great Again!

Direct download: jmsEp126-GDP_growth_in_2016_was_1.6.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MST

Who do you think is the biggest political loser in 2016?  I would argue the biggest, political loser in modern American history is Hillary Clinton!  Hillary Clinton has always been seen as the inevitable first woman president but that no longer seems probable at all!  Also, a woman in France is literally engaged to a Robot and she plans on marrying this thing when it’s legalized!  This world is literally insane and I think things will only get more insane in 2017!

Direct download: jmsEp121-year_in_review_2016.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MST

No one was shocked by the FEDs recent decision to raise interest rates to .5-.75%. The FED has raised interest rates a total sum of .5% in 10 years!  That’s not much of a move but the markets think the FED is being very hawkish right now with the dollar hitting a 14 year high!  During the campaign, Trump stressed to people how he will make America great again but really it’s an impossibility. The only way for things to turn around is if the government shrinks and the free market is allowed to prevail!  Trumps natural instincts is to fix things with government. The markets wishful thinking in regards to a Trump presidency are vastly overblown and will crash back to reality rather soon.

Direct download: jmsEp120-Fed_raises_rates_again.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MST

Donald Trump agreeing to a deal with Carrier to keep jobs in the U.S. is the crony capitalist system we have today. This is how business in America is done today and why we are very far away from any kind of free market system! Granting special deals and privilege to government favored businesses is the government picking winners and losers! The government protecting businesses from competition makes them actually less competitive and less responsible to the consumer. So we, as taxpayers, are soaked in more than one way!  Many people out there are optimistic of a Trump Presidency but this Carrier deal shows it’s more of the same.

Direct download: jmsEp119-Trump_and_the_carrier_deal.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MST

Just after Thanksgiving, Fidel Castro died at 90 years old. Fidel first came to power in Cuba in 1959 and ruled there for over 50 years! People on the left love to praise Cuba and they loved the heck out of Fidel! But what is really the truth? Did Fidel really improve the lives of the Cuban people or did he make life much worse? What is life like today for the Cuban people? Cuba really is a good example that communism doesn’t work and socialism/communism is anything but compassionate! Capitalism and the Free Market are the best ways to help the poor and with examples like Cuba, Venezuela and North Korea, it’s amazing people like Bernie Sanders still get the support they do get.

Direct download: jmsEp118-cuba_and_castro.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MST

Many people are fearing deflation but is this really something to be feared?  Not at all!  If we had an unhampered, free market deflation would naturally occur in the economy!  We would have slowly falling prices because we are more productive and at the same time, real wages are rising!  Today, real wages are falling and the Federal Reserve is slowly eating away our purchasing power via inflation! The deflationary death spiral is a myth and can never happen. Only when government gets involved can a great depression like scenario occur.

Direct download: jmsEp117-fearing_deflation.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MST

Prior to Donald Trump being elected, it was said the markets would crash! The stock market is at record highs and the dollar is at a 14 year high! So does this mean our economy has recovered? No, what we are seeing now is short-lived and once Trump is sworn in as the 45th president of the United States, this optimism will have disappeared. The only way out of our excessive debt problem is inflation. They will paper over these debts. QE4 is coming my friends so prepare yourself!

Direct download: jmsEp116-the_economy_and_trump.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MST

Donald Trump will be the 45th President of the United States. A guy who has never held public office will be serving in the most powerful position in the world. The world of politics today is crazy, to say the least and as some people are happy with this victory, others are crying their eyes out! What will 4 years of a Trump presidency bring us? I fear it will be a much bigger government and we will continue to add to our debt until the day of reckoning finally comes. The biggest conservative voice in the land, Rush Limbaugh, thinks a Trump victory was a repudiation of big government!  I think Rush completely misses the boat with this comment among others he made the day after this historic election.

Direct download: jmsEp115-president_donald_trump.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MST

Out of 330 million American our 2 choices for President came down to an alleged criminal or a crony capitalist! Both Hillary Clinton and Donald Trump want to grow the size of government. Our national debt is nearing $20 Trillion in debt and the next president will continue to spend like we don’t have a debt at all!  I think we got to this moment because the vast majority of citizens out there are economically illiterate!  Nobody understands what truly makes an economy grow and it surely isn’t the government! Unfortunately, those in power think that to get out of a massive debt problem we need to go deeper in debt! Hold on to your hats folks, this economy is going to have a very bumpy ride!


Hillary says the rich don’t pay their fair share and she wants to go where the money is! Where is most of the money at?  The majority of people are in the “middle class!” The dirty little secret is that Hillary will tax the middle class to get through her programs! The top 1% pay an effective tax rate of 27.1%, while the bottom 50% pay an effective tax rate of 3.3%!  The rich pay more than their fair share!  We are less than a week from Election Day and regardless of who wins the government will continue to grow! Our national debt is approaching $20 trillion and our day of reckoning is fast approaching. Prepare yourself now because the politicians out there will not protect you!

Direct download: jmsEp113-Final_presidential_debate.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MST

I recently got back from the Contra Cruise that was hosted by Tom Woods and Bob Murphy. The Contra Cruise was phenomenal and it was such a great group of libertarians to connect with. What came up often amongst the group was a question of messaging and converting people to libertarian ideas. What is the best way to do this? The last part of this episode, I have a few answers.


John Hunt talks about the new book he has co-authored with Doug Casey called Speculator. John talks about how it is living in Africa and he points out how they actually view money in a much different way, than we do in the United States. If you have money, it’s best to hide it and not tell anybody about it because they like to borrow it without any intention of paying it back! John also explains how Doug and him started on this project together and what’s to come in this incredible series! This book is a must read and you can purchase it from amazon at this link: https://www.amazon.com/Speculator-High-Ground-Doug-Casey/dp/0985933259/ref=sr_1_1?ie=UTF8&qid=1475817771&sr=8-1&keywords=speculator

Direct download: jmsEp111-John_Hunt_interview.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MST

The first presidential debate between Hillary Clinton and Donald Trump was not very impressive at all. Ok so Hillary did the best she possibly could during the debate, which isn’t really saying much. Then we have Donald Trump who missed opportunity after opportunity to throw egg in Hillary’s face and he didn’t do it!  Trump was on the defensive the entire time while Hillary stayed on offense. According to the average American voter out there these two clowns are the most competent to be the next President of the United States! I’m not impressed to say the least.

Direct download: jmsEp109-First_presidential_debate.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MST

The FED didn’t raise interest rates in September and this comes as no surprise to any listener of this show. Raising interest rates right before a presidential election is extremely improbable and our economy is not as strong as the “experts” believe!  Steve Eiseman also has been in the news recently for his view on the economy. Steve Eiseman is the real life guy from the movie, “The Big Short.” This guy made million shorting subprime mortgages in 2007. He sees things will continue to slug along until the world loses faith in QE (money printing).  Our economy has some rough times ahead. It’s best to prepare now while you still can!

Direct download: jmsEp108-Fed_no_interest_rate_increase.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MST

The EpiPen story has been huge these past few weeks and this story actually shows us a lot of what’s wrong with the “system” today!  EpiPen now costs $300 for one syringe and when it first came out in in 1977 it cost $57!  How is it the cost of EpiPen has soared in price? This is the result of government intervention! The FDA has blocked out competition due to cronyism and the government playing to favored companies like Mylan!  Even the patent that Mylan has had on EpiPen is yet another reason, why there’s so little competition against the EpiPen! We need to get the government out of our lives and we will all be better for it!

Direct download: jmsEp107-Epipen.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MST

Janet Yellen and the FED are giving a very confused message to the markets. Janet Yellen sounds like she wants to raise interest rates but she wants to wait for data to confirm it while other dovish FED governors want to raise interest rates in September. Anytime any of these FED governors speak, it’s what completely moves the market and causes a massive sell off on WallStreet and in the precious metals market. The market fears an end to easy money but increasing interest rates is what should have happened years ago!  This is why our economy is not recovering and it’s actually these low interest rates that will lead to a massive bust, in the economy, that will be much worse than 2008!  Hold on to your hats ladies and gentleman because this is going to be a wild ride!

Direct download: jmsEp106-The_confused_FED.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MST

James Grant, in a recent interview, discusses what he sees going on in the U.S. economy. James makes the point that in 5,000 years of world history negative interest rates have never happened before!  This is how absurd negative interest rates are!  This is the end game before the entire global economy unfolds and leads to a massive collapse. Having all of your assets denominated in a fiat currency like the U.S. Dollar is a very risky move. James Grant is a legend and his views on the economy definitely confirms the views that have been discussed on this show since it began.  You don’t want to miss this episode to hear what James Grant says and here’s a link to this very interview. http://www.fuw.ch/article/the-fed-is-now-hostage-to-wall-street/

Direct download: jmsEp105-James_Grant_on_the_economy.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MST

Janet Yellen’s recent comments at Jackson Hole on August 26th are really much of the same stuff.  There is a few things in Yellen’s speech that are quite revealing. Yellen suggested that QE4 (more money printing) is on the table and even negative interest rates!  Yes, Janet Yellen makes a comment saying rates you should have went negative in response to the housing crisis in 2008!  Negative interest rates seem to be the last resort effort by central banks to keep things under control.  This seems to be the end of the road and it’s not going to end well. Prepare yourself now while you still can!

Direct download: jmsEp104-Yellen_at_Jackson_Hole.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MST

This question sounds crazy but, should we legalize insider trading?  As crazy as this may sound, legalizing insider trading is the right thing to do. Today, insider trading is considered a criminal act, why is this? It’s a victimless crime!  If you’re the CEO of some company and you leak out information against your contract or your fiduciary duty then that’s a civil case with the company you work for. If we want prices to reflect the most accurate and up to the minute information then we need to legalize insider trading!  Having insider trading illegal doesn’t level the playing field like most believe, it actually does the exact opposite. We have enough government laws as is and law enforcement can’t keep up with those!  Lets legalize insider trading so law enforcement can go after actual criminals with their very limited resources!

Direct download: jmsEp103-insider_trading.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MST

The economy is not strong like the “experts” out there have led us to believe. Quarter 2 GDP came in at 1.2% when the Atlanta FED was predicting 2.4% GDP growth!  That’s a big miss!  And under Obama’s presidency we haven’t seen one year over 3% GDP growth and this is unprecedented in modern American history!  We have had interest rates near 0% for Obama’s entire presidency because this was supposed to stimulate the economy and it has done nothing of the sort!  Now countries around the world are engaged in negative interest rates to “stimulate” the economy!  Ladies and gentleman, we are at the end game of this monetary experiment and it doesn’t end well!

Direct download: jmsEp102-The_economy.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MST

Interest rates have been near 0% for almost eight years now and we have printed trillions of dollars into the economy since 2008!  Negative interest rates are happening all over the world… What does all this really mean!? Where is the U.S. economy going? Are we really in a recovery like Federal Reserve Chairwoman Janet Yellen says? Is gold a good place to put money even after the 25% rally just this year?  Don’t miss this panel discussion with top Austrian economists from FreedomFest 2016 where these questions and more are answered!


FreedomFest was an absolutely fantastic event. If you didn’t make it this year you missed out!  So many fantastic speakers and debates and all the biggest names in the liberty movement were there. Going to events like this shows us there’s a reason to be optimistic. Just look at all the talent we have on the libertarian side. We may be small in number but we are extremely effective and some of the smartest guys alive today are libertarian! You really don’t want to miss out on this event next year and I will tell you how to safe a bunch of money if you do decide to attend.

Direct download: jmsEp98-FreedomFest_2016.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MST

Alan Greenspan recently sat down for a 30 minute interview on Bloomberg TV and what he said in that interview is shocking for a former Federal Reserve chairman to say. A few of the shocking statements Greenspan says are played on this episode. Greenspan sees inflation coming our way and he says just way, it’s coming! Alan Greenspan even says we should return to a gold standard and that our country experienced the most prosperity when we were on the classic gold standard from 1870-1913. For those of you who sense that many things are wrong in this economy and that things are about to get much worse, this episode confirms those beliefs with some astonishing facts you won’t find in the mainstream media anywhere! You need to buy gold and silver now!

Direct download: jmsEp97-Greenspan_see_inflation_coming.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MST

Since 1990, $20 billion of tax payer dollars has been spent on sports stadiums! Why on God’s green earth are taxpayers subsidizing stadiums for billionaires!? Unfortunately, this is only one small example of our hard earned money being pissed down the drain. Supply-side economics really focuses on reducing tax rates which is great, but they go astray when they do this so they can increase revenues to the government. We shouldn’t be trying to increase revenues to the government at all! Rather, we should be trying to reduce taxes enough so revenues to the government actually shrink! Any money the government takes via taxes they spend that and some so lets starve the beast!


So with Britain deciding to leave the EU what does this mean? Will this lead to a collapse of the European Union as more states decide to opt out? There’s a lot of uncertainty out there and the markets have reflected that since the Brexit vote took place. The Brexit vote really shows how people all over the world are unhappy and are losing confidence in the system! Look no further than Donald Trump and Bernie Sanders in the United States and again, those are people unhappy with the system and the elites in charge today! There’s a feeling of revolution out there and Brexit is just a sign of that. How many more cracks will we see before the global economy comes crashing down?

Direct download: jmsEp95-Brexit.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MST

The economy continues to worsen for the people of Venezuela. People are digging through piles of rubbish to find food because they are starving and are more likely to come away with more food there then they would going to the grocery store! Families are letting their family dogs go because they can’t afford to feed them!  Stray dogs are so skinny that every rib and bone is visible!  This is what socialism does for people. Socialism brings equal misery to all! The government isn’t capable of providing abundance, that’s what capitalism does!  Government can only squander resources first taken from the private sector. The reality facing Venezuela today, could be in store for the average American very soon.


Charles Murray recently wrote a piece at the Wall Street Journal and he argues in favor of a Universal Basic Income. Charles wants to eliminate all welfare as we know it today and replace it with a $13,000 check that goes directly into the bank account of all Americans. Should libertarians be supporting a way to make welfare more efficient and using government as a solution? Or should libertarians be arguing how the private sector is the answer to poverty by creating more opportunities and more wealth for all? All this and much more are discussed on this episode.

Direct download: jmsEp93-UBI.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MST

There’s $500 million in fraud taking place annually with the “Obama phones!”  Now this sort of incompetence and people taking advantage of the system is how all government programs end up working out.  Government has no incentive to be a good steward of our capital because government doesn’t have a profit motive!  And government takes money from us with force!  We have no choice but to hand over our hard earned money to the “mob.” There’s also a viral video out of a woman who’s throwing a temper tantrum because her EBT card hasn’t been recharged yet, so she’s just trashing a convenient store to show her anger. The government has been slow at recharging EBT cards for the month of June and many people are angry because the government is their sugar daddy! Personal responsibility has been lost on this society and the road to collapse seems inevitable at this point. Wake up your family and friends if they’re still asleep to the grim future we face in the very near future. What Venezuela is experiencing right now is coming here folks.

Direct download: jmsEp92-fraud_with_obamaphones.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MST

Hilary Clinton recently responded to Trump for wanting to take advantage of a potential housing crisis from an interview in 2006. Hilary thinks buying low and selling high is being selfish and it hurts the poor! Recessions happen to correct malinvestments and those with available cash can take advantage of extremely undervalued assets! The quicker this correction happens than a faster a recovery can begin!  Those entrepreneurs with the foresight and the ability to forecast accurately what consumers want are rewarded with huge profits!  That’s a good thing!  Buying low and selling is a simple concept and yet, most people can’t see to do that!  Why is that? People get the most aggressive investing at the peak of a bubble! 

Direct download: jmsEp91-Libertarian_convention.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MST

Venezuela is currently experiencing a collapse in it’s economy and what’s happening there could very well happen in the United States!  What the Venezuelan government has done to supposedly “fix” the economy continues to make matters worse!  Socialism and big government don’t work and Venezuela is living proof of that today!  Last year they had annual inflation of 180%, in 2016 experts are expecting annual inflation of 720%!  That sort of inflation officially meets the definition of hyperinflation!  Only gold can help bring stability back to the Venezuelan economy.

Direct download: jmsEp90-Problems_in_Venezuela.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MST

Donald Trump has said that he will most likely be raising taxes on the rich. Trump has contradicted himself throughout the entire republican primary and he continues to do that now! Trump’s tax plan reduces the current seven brackets, down to four and he reduces the rates. It’s certainly an improvement to what we have now but Trump has said this is really a starting point to negotiating with the democrats. Most likely, the tax rates will be much higher than what Trump has proposed in his own tax plan. And we hear all these leftists say how the rich don’t pay their fair share, well, 16% of the wealthiest americans pay 80% of all federal income taxes!  The rich are paying more than their fair share!  All this and more, on this episode!

Direct download: jmsEp89-Income_taxes.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MST

The economy showed GDP growth of 0.5% in the first quarter of 2016, that’s down from 1.4% growth in the last quarter.  Our economy is almost technically in a recession and what is the FED to do? Lower interest rates? QE4? Our economy is not recovering and is in fact getting worse! Business investment hasn’t grown for the last 2 years!  And to top it off, we haven’t seen above 3% growth any year during Obama’s presidency!  This hasn’t been seen in modern times!  The Keynesian view of pumping money into the system and spending money isn’t working and has never worked!  When will the government and Federal Reserve actually do the right thing and step out of the way and reduce taxes and deregulate the economy? Well, with Donald Trump or Hilary Clinton as president, I don’t see that happening anytime soon.

Direct download: jmsEp88-_The_economy_is_slowing.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MST

Chris Casey talks about what to look for when investing in the marijuana industry and what criteria makes for a good company to invest in. There’s a lot of businesses in the marijuana industry that are not good businesses so it’s important to know what you’re looking for. Chris sees huge potential in the marijuana industry with lots of growth to come so now could be a fantastic time to enter the industry for some potentially huge gains! Chris and his team at Singularity Capital believe they have found several companies that will be huge beneficiaries in the years to come from the legal marijuana industry. Don’t miss the insight offered into an industry that very few understand.

Direct download: jmsEp86-Interview_with_Chris_Casey.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MST

“The Big Short” is a fascinating movie that everyone should see because the mania going on the housing market is happening today in just different sectors of the economy! The car market, student loans, the bond market, the dollar, these are all bubbles waiting to pop and the average American is completely clueless! Monetary policy expert, James Rickards sees gold going to $10,000 per ounce and he even sees gold going as high as $50,000 per ounce!  The time to buy gold is now while you can still get your hands on it!  The global economy is on the brink of a massive collapse so protecting yourself with gold is a good way to weather this storm!

Direct download: jmsEp85-Big_short_and_GOLD.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MST

43% of the 22 million college students out there have gone delinquent on student loan payments and this mess is only getting started!  College kids with tens of thousands of dollars in debt and for what? A worthless college degree!  The college education bubble that has been brewing for several years now is finally popping and it’s not going to end well for the individuals involved nor the economy as a whole!  Government gets involved in a college education and has destroyed the value of it and has made it less affordable! This shouldn’t surprise anyone!  All this and much more on this episode.

Direct download: jmsEp83-Student_loan_crisis.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MST

In 2015, record number of cars and trucks were sold in the United States.  Most people thing the strong car sales shows how strong the car market really is and reality is much different!  What happened in the housing market in 2008 is what is about to happen to the car industry!  Most people buying new cars are broke, they can’t afford them!  Low interest rates have encouraged people to buy cars and much nicer cars than they normally would have!  30% of people trading in a vehicle have negative $4,500 in equity!  People are trading in cars that haven’t been paid off!  Ladies and gentleman, the car market is about to get crushed and it’s going to be a buyers’ market.

Direct download: jmsEp82-The_car_industry_collapse.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MST

People who are about ready to retire are broke! 42% of all workers have less than $10,000 in savings and investments!  Nobody is saving money for their own retirement. As government takes more responsibility for things, the people take less responsibility. Our government is broke and will never live up to what it’s promising people and yet people support a guy like Donald Trump. Trump is promising people the moon and they believe it!  A major crisis is coming our way so prepare yourself!

Direct download: jmsEp81-Those_about_to_retire_are_broke.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MST

Social security turns 80 years old this year and look at how it has been destroyed by these benevolent politicians who are always “looking out for us.” Social Security is currently, $25.8 Trillion in the RED right now and guys like Trump want to leave it as is! Trump said it’s fine how it is right now and we will worry about it later! How can people say Social security is a success when it’s $25.8 Trillion in the hole right now and 30% of people age 65-69 are still working!? Obviously this is unsustainable and this destruction has happened in 80 short years. How much wealthier could society be if we never had social security?  All this and more addressed on this episode!

Direct download: jmsEp80-The_Truth_about_Social_security.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MST

Central Banks around the world are engaging in negative interest rates!  In a free market, negative interest rates because it completely goes counter to time preferences!  We would always prefer to have a good in the present, as opposed to a good in the future!  Negative interest rates would imply that someone would prefer a good in the future as opposed to a good in the present!  This is ridiculous and negative interest rates are even being contemplated in the United States! What does well in a negative interest rate environment?  Gold and Silver!

Direct download: jmsEp79-Negative_Interest_rates.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MST

The Texas Republican debate was out of control!  Marco Rubio and Ted Cruz go after Donald Trump like they never have before!  In this episode, several clips are played to demonstrate what I’m calling the roast of Donald Trump! Trump’s lack of knowledge of the issues is certainly revealed in this debate and lets hope the other candidates continue to put Trump’s feet to the fire!

Direct download: jmsEp78-Texas_Republican_debate.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MST

Several clips are played on this episode and most of them are from Donald Trump!  Ohh yes I know it’s hard to believe!  The things said in the debate are amazing and you will be wondering like wait is this really a republican debate or am I watching comedy central!?  Why do we need reality tv when real life is so much more entertaining. You don’t want to miss what you said in this episode of the Justin Mohr Show!

Direct download: jmsEp77-CBS_Republican_debate.mp3
Category:Business, News & Politics, Education -- posted at: 1:00am MST

The New Hampshire debate was full of action and in the episode, several clips are played to show what happened at this debate.  Rubio literally repeated the exact same phrase four times, Donald Trump was booed several times!  And is eminent domain as necessary as Donald Trump says it is? All this and more on this episode of the Justin Mohr Show!


Keith Weiner talks about the economy, gold, interest rates, what a collapsing dollar looks like and so much more!  Keith has a fascinating view on the economy and what’s in store for us and this is a can’t miss interview!  Keith is CEO of Monetary Metals and founder of the Gold Standard Institute USA.

Direct download: jmsEp75-Interview_with_Keith_Weiner.mp3
Category:Business, News & Politics, Education -- posted at: 2:18pm MST