Tag Archives: federal reserve

Episode-973- Gregory Mannarino on the Coming Economic Collapse

Greg Mannarino of Market Report

Greg Mannarino of Market Report

Gregory Mannarino is a financial strategist, technical analyst, and also a practicing health care provider. Greg is the “host” of a popular daily YouTube blog which explores and exposes the machinations of Wall Street, finance, economics, government, and current events relating to these subjects.

Greg started his financial career working on Wall Street as an analyst and trader for the securities and trading arm of Bear Stearns during the dot-com bubble.

He began his medical career practicing at Staten Island University Hospital Emergency Department.

He also served as a commissioned officer in the United States Naval Reserve Medical Service Corps.

To date Greg is the author of 7 books, his newest book is titled The Politics Of Money,” and is a complete version of all his works which have been updated as well.  This latest version of his work, The Politics Of Money, will supersede and replace all of his previous books as he will be phasing out his previous publications.

In Greg’s own words,

“I am a Wall Street insider who knows the global money game. Please allow me to walk you through and show you how money really works. We are now in the midst of a transition period to a new monetary system, and the greatest transfer of wealth in human history is already well underway.

In the literal sense it is grand theft on an unimaginable scale being perpetrated by the world’s major banks and fostered by our policymakers.”

Resources for today’s show…

Remember to comment, chime in and tell us your thoughts, this podcast is one man’s opinion, not a lecture or sermon. Also please enter our listener appreciation contest and help spread the word about our show. Also remember you can call in your questions and comments to 866-65-THINK and you might hear yourself on the air.

Episode-759- Listener Calls for 10-10-11

Since Friday was an interview show while I was away in Salt Lake City for the Self Reliance Expo we are going to make up for missing last weeks listener calls show today.

Today we have great calls on subjects such as building community, the Federal Reserve, permaculture, gardening, the electrical grid, fermented foods, fitness, entertainment and more.

Tune in to hear me answer your questions such as…

  • Some first hand information on building community paying off
  • Will the current political climate influence the Fed’s policies
  • How to evaluate a permaculture site
  • Feed your family from the back yard and your family thinks somethings wrong
  • A thread to our electrical grid you have probably never heard of
  • More on the value of fermented foods
  • What are my thoughts on diet and fitness
  • Is “high mileage” oil worth the premium
  • Building a cache of entertainment
  • Translating backpacking skills to prepping skills
  • Shrimp or crayfish for aquaponics

Additional Resources for Today’s Show

Remember to comment, chime in and tell us your thoughts, this podcast is one man’s opinion, not a lecture or sermon. Also please enter our listener appreciation contest and help spread the word about our show. Also remember you can call in your questions and comments to 866-65-THINK and you might hear yourself on the air.

Episode-725- Mike Gasior on the Current Economic Mess

Mike Gasior is with us today, Mike is a consummate expert, he has authored ten textbooks on investments and the investment markets, and over 700,000 people worldwide read his monthly newsletter.

His breakthrough radio program “Big Money with Mike Gasior”, which aired worldwide on the VoiceAmerica Radio Network, was one the first shows ever to focus on the needs, concerns and issues faced by the world’s largest investors and Mike is a regular guest on the “Naked Short Club” show in London.

He is also the founder of AFS Seminars in 1989 after spending time with several Wall Street firms and a major European bank. In his teaching he uses anecdotes and lessons drawn from his lifetime of experience with economics, investments and the financial markets to deliver knowledge with a dynamic, interactive teaching style that I find to be among the best in the industry.

And we are fortunate to have him here with us today on The Survival Podcast.

Please Note – Mike’s voice became somewhat distorted at the very end of today’s show.  During the recording session he sounded fine on my end and there was no way to correct it after the fact.  I did my best to clean it up but there are limits to what can be done with such distortions.  I am going to suggest to Mike that he come fully into the 21st century and get a Skype account for future interviews.

Additional Resources for Today’s Show

Remember to comment, chime in and tell us your thoughts, this podcast is one man’s opinion, not a lecture or sermon. Also please enter our listener appreciation contest and help spread the word about our show. Also remember you can call in your questions and comments to 866-65-THINK and you might hear yourself on the air.

 

Episode-721- Tom Kowitz on the Last 4 US Goverment Defaults

Tom and his Radio Counterpart Michelle Gaudin

So the main stream media just spent the last 6 months scaring the crap out of everyone in regard to the “debt ceiling crisis”, stating over and over, “for the first time in history the US could default on its debts”.  As the title of today’s show indicates once again the main stream is not just wrong but completely incompetent.

To gain a better perspective of these events and our current financial mess I have enlisted Tom Kowitz of the Baldy and the Blonde Show from WGSO 990 AM in New Orleans to come on TSP and help us gain a greater understanding past defaults and the nation’s economic future.  If you often feel “money isn’t a survival topic”, you need to listen to this show, it will put it in a much more clear perspective for you.

Join me today as we discuss…

  • A bit on our current political nonsense about the debt ceiling
  • Why a AA+ rating of US credit is a joke
  • The history of currency changes and defaults in the last 100 years
    • 1913  Federal Reserve Act (from hell)
    • 1933 Confiscation of gold, and the federal government’s refusal to honor the gold clause in its bond contracts (this was a full-on default); Federal Reserve Notes now redeemable for silver instead of gold.
    • 1945 Bretton Woods Agreement established the dollar as the world’s reserve currency and the only currency convertible into gold (which means massive amounts of U.S. dollars had to be exported, which is precisely what happened in the few years after WWII)
    • 1965 The Coinage Act of 1965 eliminated silver from US coins (except half dollars, where silver content was cut from 90 percent to 40 percent) and gave us the junk we’re using today. (Default on all coinage)
    • 1968 Silver Certificates no longer redeemable for silver (another default)
    • 1969 Special Drawing Rights created by the IMF (1 SDR = 1 US dollar). SDR’s were created in part because of the concern that the U.S. wasn’t circulating enough dollars, and without a LOT of dollars out there, the dollar could not serve as the reserve currency.
    • 1971 Nixon closes the gold window; foreign central banks can no longer convert dollars into gold. This seems to me to be another default. There were way too many dollars out there. (Full on default by the US to the entire world)
    • 1978 IMF establishes a goal of making the SDR the principal reserve asset in the international monetary system. They straight-up announced their plan to put the entire world on a new monetary system.

Additional Resources for Today’s Show

Remember to comment, chime in and tell us your thoughts, this podcast is one man’s opinion, not a lecture or sermon. Also please enter our listener appreciation contest and help spread the word about our show. Also remember you can call in your questions and comments to 866-65-THINK and you might hear yourself on the air.

Episode-595- Baldy and the Blonde Invade TSP

Two of my favorite libertarian minded people join us on TSP today.  Join me as I interview Tom Kowitz and Michelle Gaudin better known as Baldy and the Blonde.

Tom and Michelle do a show every Wednesday on WGSO 990 AM in New Orleans Louisiana.

Their show called of course “The Baldy and the Blonde Show” focuses on individual liberty and the encroachment on the same by the State.

To learn more about Tom and Michelle’s show and work please visit BaldyAndTheBlonde.com

Join me today as we discuss…

  • Why two normal people went out and became radio personalities
  • How they managed to do that
  • What they are truly motivated by
  • How you could do the same if you wanted to
  • How buying radio time can get you off the ground faster than just a podcast
  • Thoughts on some current concerns
    • State and City Level Bankruptcy
    • State sovereignty as a convenience vs a constant
    • The Constitution only seems to apply when it favors the State
    • The “big cut” from a 3.8 down to a 3.7 billion dollar budget (sarcasm meter pegged)
    • J.P. Morgan making a fortune on the food stamp program
    • Lessons from Hurricane Katrina
    • The story of the average person’s common sense the media never told you about New Orleans

Additional Resources for Today’s Show

Remember to comment, chime in and tell us your thoughts, this podcast is one man’s opinion, not a lecture or sermon. Also please enter our listener appreciation contest and help spread the word about our show. Also remember you can call in your questions and comments to 866-65-THINK and you might hear yourself on the air.

Monetary Myths and the Debt Ceiling

Right now the congress is supposedly “debating raising the debt ceiling”. This video explains…

  • Why the debate isn’t a debate and nothing but political theater
  • Why they will and must raise the ceiling under the current system
  • Why we can never pay off the national debt with the current system
  • Why those calling to not raise the ceiling probably don’t know what they are asking for

Of course I am for elimination of the national debt but capping the debt in a system where money is debt just simply isn’t possible.

Resources mentioned in this video

http://www.trtam.com/

http://www.trtam.com/the-book

http://www.thesurvivalpodcast.com

http://www.chrismartenson.com/crashco…

http://www.youtube.com/watch?v=l37Rhd…

Episode-538- A New Understanding of Money – Part One

My hope today is to help you understand money from as many new perspectives as possible.  If you think about it nothing in general has a greater effect on the lives of most Americans than money.  Money is why we work, how we provide our housing and food, how we are taxed and how our class structure is defined.  We can deny this if we choose to but a family with a gross income of 100,000 dollars a year lives a much more comfortable life than one with a gross income of say 25,000  a year.

Yet if you ask most people, “what is money” they really have no idea.  Now if you are going to answer that question with something like, “gold and silver” you really don’t have the answer either.  Money is far deeper than to try to simply define it with a group of commodities.  I promise you that no matter what you think about money from its constitional basis, national purpose or method of creation that today’s show will expand your horizons.  It may also challenge you.

As always, I reserve the right to be wrong and that includes today, but I have spent more effort on gaining a new perspective on this issue than any other in the past year.  So tune in with an open mind today and when you feel challenged really think about what I have to say, examine and re examine it but please don’t dismiss anything due to political allegiance or personal bias, that is all I ask.

Join me today to discuss…

  • How money is created today in the US
    • The birth of dollars
    • The dollars have children, grandchildren and great grandchildren and so on
    • Buying nothing, with nothing and creating something
  • How does money derive worth
    • Inflation
    • Deflation
    • Monetary Velocity
  • Vanishing dollars
    • Paying off debt eliminates money
    • Defaults on debt eliminate money
    • The shrinking M3 Supply – how is it possible
  • The Monetary Systems Traps
    • Total debt is always bigger than total supply
    • Elimination of debt contracts the money supply
  • The income tax exists to service the debt not primary spending
    • New Federal Debt in 2009 was 1.1 Trillion
    • The expense of interest alone in 2009 was 383 Billion
    • Personal Income Tax Receipts in 2009 where 1.21 Trillion
    • We spent 1.48 Trillion to service debt in 2009 about 200 Billion more than income tax receipts

Resources for Today’s Show

Remember to comment, chime in and tell us your thoughts, this podcast is one man’s opinion, not a lecture or sermon. Also please enter our listener appreciation contest and help spread the word about our show. Also remember you can call in your questions and comments to 866-65-THINK and you might hear yourself on the air.

Resources for Today’s Show

Remember to comment, chime in and tell us your thoughts, this podcast is one man’s opinion, not a lecture or sermon. Also please enter our listener appreciation contest and help spread the word about our show. Also remember you can call in your questions and comments to 866-65-THINK and you might hear yourself on the air.

Episode-434- The Basic Financial Education We Never Get in School

By the time our children are in high school today they should be getting what I consider to be a basic financial education.  In fact our citizens in college today don’t get this education unless they specialize in economics or finance and even then it is slanted to the “Statist” or “Keynesian” model.

Join me today as we discuss the following…

  • What is money?
  • What is a backed currency?
  • What is a “fiat currency”?
  • Why does money exist?
  • What is M0, M1, M2 and M3?
  • What is inflation?
  • What is debt?
  • Can a currency also be a debt?
  • How are U.S. Dollars created?
  • What is fractional reserve?
  • How do banks create additional money?

Additional Resources for Today’s Show

Remember to comment, chime in and tell us your thoughts, this podcast is one man’s opinion, not a lecture or sermon. Also please enter our listener appreciation contest and help spread the word about our show. Also remember you can call in your questions and comments to 866-65-THINK and you might hear yourself on the air.

Episode-427- The Economic Shell Game Continues

Things are getting better right?  The “green shoots” are starting to “bear fruit”.  The mighty bail outs have worked!  I mean come on, last winter CITI paid back their loans, GM’s President just did a commercial saying that, “repaid our government loan, in full, with interest, five years ahead of the original schedule.”  The Dow is up above 11,000 today when it was down to 6600 in March of 2009.  Everything is wonderful right?  Not so fast!

Join me today as we discuss…

  • Did GM really pay back the American people “with interest”, NO!
  • Did CITI really make good out its piece of the bailout, NO!
  • The hidden bail out, free, well almost free money
  • One of the “hidden bail outs” – Interest Rate Swaps
  • Another hidden bail out – cheap money for the banks – so they can counterfeit more
  • Who will really pay the cost of “Financial Reform of Wall Street”
  • What does the Financial Reform Bill Actually Say
  • Obama says debt is cancer, well after racking up trillions of dollars of it
  • Why nothing has changed or will change when it comes to US debt

Additional Resources for Today’s Show

Remember to comment, chime in and tell us your thoughts, this podcast is one man’s opinion, not a lecture or sermon. Also please enter our listener appreciation contest and help spread the word about our show. Also remember you can call in your questions and comments to 866-65-THINK and you might hear yourself on the air.

Episode-419- Feedback, Articles and Commentary for 4-19-10

I am going to try to start making the feedback shows more engaging with a lot of different sources.  So today we have your questions by email, your feedback by phone, some interesting news stories and even some audio off of Youtube on money creation to help answer one of your questions.

Join me today as we discuss…

  • What about making your own solar panels
  • Should a young grad buy land even if they are not ready to build
  • How do you set priorities and “pull it all together”
  • Exactly how is money created by “lending it into existence”
  • CITI Pays back the loans to the government, what does it mean
  • Are you contributing to “the systems” with credit cards if you pay your balance in full
  • A simple additive to improve the life of your vehicle
  • A Icelandic volcano disrupts Europe’s food chain
  • Who feeds the world, industrial agriculture of peasant farmers
  • How do you transport silver & gold long distances
  • Window Farms – and idea who’s time has come
  • Can you grow guavas in New Mexico

Additional Resources for Today’s Show

Remember to comment, chime in and tell us your thoughts, this podcast is one man’s opinion, not a lecture or sermon. Also please enter our listener appreciation contest and help spread the word about our show. Also remember you can call in your questions and comments to 866-65-THINK and you might hear yourself on the air.