Thu, 10 January 2019
CW 1109: Modern Monetary Theory, Listener Questions & Finding a Quality Sponsor for Opportunity Zone Investments
Jason Hartman and Adam start the episode discussing Modern Monetary Theory and if it's applicable to our economy today. They also discuss Jeff Bezos' impending divorce and answer from Souji about transferring conventional loans into a trust.
Then Jason finishes his talk with Mike Zlotnik about investing in "Opportunity Zones". The two implore the listener to vet your sponsor before investing, not invest just for tax purposes and aligning your interest.
[5:23] Adam's been learning about Modern Monetary Theory lately, so what is MMT?
[9:05] MMT's explanation for why more money doesn't cause inflation
[12:25] The impact of the Jeff Bezos divorce
[17:49] Listener question about conventional loans and trusts
Mike Zlotnik Interview:
[22:50] Don't make the deal just for tax benefits. The deal needs to make sense BEFORE the tax benefit
[27:20] Your fund manager needs to have some skin in the game
[32:13] It's important to understand what a quality sponsor is
[34:16] The 2 major layers to pooled money investments
[36:49] Alignment of interest