- Jason Hartman’s Interview with David Pogue

Jason Hartman’s Interview With Steve Forbes

In this episode of “Creating Wealth with Jason Hartman,” Jason Hartman of Jason Hartman Investments Network talks with Steve Forbes, former presidential candidate, author of numerous books and Forbes magazine.

Jason Hartman of Jason Hartman Investments Network and Steve discuss the morality of free markets and why governments get bigger and bigger even though it doesn’t work very well along with many other financial issues. They also address the reasons why California is losing so many residents and how that can be prevented.

In This Episode by Jason Hartman, You’ll Learn:

• The issue of the social republic of California and how it is doing such a great job of losing high-quality residents to other states.
• The taxing authorities must realize this or it is an unintended consequence. Probably a bit of both.
• California moves to Texas, Arizona and Nevada and how people are leaving the Golden State.
• Net loss of 100,000 people last year.
• Detroit on the verge of filing bankruptcy.
• The effects of overtaxing as illustrated by the events in California.
• This is what happens when you increase tax, when you increase Government intrusion, when you increase regulation, you get the effect of lessened economic activity.
• People find a way around it, or ways to beat the system or they leave so they won’t put up with it anymore.
• California out-migration issue.
• De-incentivized to work harder
• Recent real estate scam – Commandment #3 – Thou shalt maintain control. You’re a direct investor and you’re not pooling your money, you don’t want to invest with an idiot or a crook.
• Why we like hard assets not paper assets
• Russell Daniel scam
• The Wealth Effect, what it is and how it is induced by the Federal Reserve, stock market and real estate bubbles and the effects of it.
• Steve’s latest work, “The Freedom Manifesto – Why Free Markets are Moral”
• Fed Ex vs The Post Office
• About the book and why it was written.
• The confusing question, “Why Government gets bigger and bigger when we know it doesn’t work very well.”
• Why Government is immoral
• What free markets encourage: Creativity, innovation, meritocracy
• Why people have to realize that Government looks after itself first.
• What people have to realize about the immoral nature of Government
• Examples of unnecessary Government growth
• British historian Parkinson
• The scary reality of student debt
• Differences between the left and right in the political spectrum
• How technology and the internet could be changing post-secondary education
• Cost effective ways to acquire education
• Steve’s opinions on the optimistic nature of the free market
• Differences between Reagan and Obama
• Opinions on the necessary nature of Government and how the founders were aware of the dangers of expanded Governmental power.
• Steve’s opinion on asset inflation and how it leads to the “wealth illusion”
• How undermining the dollar leads to inflation and various ‘bubbles’.
• Steve’s predictions for the future of the US economy.
• How the “Deficit without tears” affects small business owners.
• Steve’s thoughts on the economy and tips for investors
• Advice for retirement funds
• Why you can’t let emotions get in your way when investing
• Why we can’t lose faith in the future.