Justin Mohr Show

Trump has been criticizing the FED and in particularly the Fed Chairman, Jerome Powell for tightening too much and making our dollar too strong.  Trump sees this as harming the economy and is the only reason why our economy may have problems. Trump’s logic is crucially invalid and I demonstrate on the show today where his thinking goes astray. I also discuss why an economy really does boom and bust!

Direct download: jms190-trump_on_too_strong_of_dollar.mp3
Category:Business, News & Politics, Education -- posted at: 9:02pm MDT

On January 25th, the longest government shutdown ever at 34 days came to a temporary halt.  The government has been funded through February 15th where we might just see yet, another government shutdown. The Federal government has way too much power (obviously) and we need to privatize the lousy TSA, FDA, air traffic controllers and many more federal workers! We need to reverse this trend of centralizing power and D.C. and give it back to the people. Only then will we see prosperity like none of us has seen in our lifetimes.

Direct download: jms189-govt_shutdown_34_days.mp3
Category:Business, News & Politics, Education -- posted at: 11:56am MDT

This was no surprise to listeners of this show but the Fed did raise rates for the 4th time in 2018 and this was the 9th rate hike in this tightening cycle.  Back in June, Fed chairman Powell, was very giddy about the economy and confident about the growth but now he doesn’t seem so sure. 2019 will be a very different Fed where they may actually cut interest rates and not raise them. And gold has been very strong these last few weeks nearing $1,300 an ounce, which are 5 month highs.  Goldman Sachs sees gold performing very strongly in 2019 with a year end price of $1,425 an ounce.


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!


How is Trump doing from a libertarian perspective? Tom Woods really sees Trump as a mixed bag with the good, the bad and the ugly. From college professor to a wildly successful entrepreneur Tom lays out what he sees are the biggest keys to success and the key tool most people aren’t utilizing that will radically improve your results! Tom officially leaks out the first guest on the Contra Cruise 2019 to Alaska! Folks, you don’t want to miss out on all the gems laid out in this episode of the Justin Mohr Show.


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?


The Fed has raised rates to the 2-2.25% range and this is the 8th rate hike since the fed began raising them in 2015. Fed Chairman, Jerome Powell, has given several speeches in the last week and there’s several insights we can gain from Mr. Powell just by reading closely into what he’s saying. Folks, this guy is completely clueless about the next economic crisis brewing out there. We are nearing the end of this super bubble.  

“Blown Away” Kevin MacLeod (incompetech.com)

Licensed under Creative Commons: By Attribution 3.0

http://creativecommons.org/licenses/by/3.0/

Direct download: jms183-fed_raises_rates_for_8th_time.mp3
Category:general -- posted at: 8:11am MDT

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!