Fri, 27 July 2018
CW 1032 FBF – What Central Banks Do To Real Estate Investors & Aligning Investments With The Fed, The Creature From Jekyll Island
Today's Flash Back Friday comes from Episode 653, originally published in March 2016.
Jason’s mom will be attending the upcoming Venture Alliance Mastermind trip to Jekyll Island. She decided to prepare herself by reading the updated version of The Creature from Jekyll Island again. She and Jason review sections of the book and discuss the insanity which is the Federal Reserve and how the entity came to be. You are invited to join Jason and his mother on the Jekyll Island trip as a Venture Alliance member or as a guest. If you attend you will experience a piece of American financial history and possibly have your coffee disturbed by a famous hotel ghost.
[3:47] Jason’s mother’s assessment of the book “The Creature From Jekyll Island” and the history of the Federal Reserve.
[12:27] The ghosts of the Jekyll Island hotel do more than drink the guests coffee, they pick pockets too.
[18:28] Past podcasts guests, Chris Martenson and Bill Bonner agree, the Federal Reserve system is convoluted.
[22:38] We all easily pay 60% or more of our income to some sort of tax.
[32:36] Listeners must see the 99 Homes, The Big Short and Life and Debt documentaries.
[34:11] The government can tax people through taxes or inflation, which is the hidden tax.
[40:06] When you invest in income property you align yourself with the Federal Reserve.