Tag Archives: money

Episode-660- Listener Feedback Economics Edition for 5-9-11

Posted on May 9, 2011 by Modern Survival| 22 Comments
Episode-660- Listener Feedback Economics Edition for 5-9-11 [ 1:03:32 ] Play Now | Play in Popup | Download

So it is Monday and I am back up in Hot Springs at TSPN (The Survival Podcast Network HQ).  This week we are doing a series of shows with an economic flair.  Tomorrow we will look at the silver and gold markets and much of the recent “drop” in silver prices.  Wednesday we are going to do a show all about ways our listeners save money and today we are going to look at a variety of economic issues and questions sent in by the audience.

Join Me today as we discuss…

  • Saving Money show submissions still being taking
  • A chance to win free seeds – see link in show notes and INSTRUCTIONS
  • Going to “cash” inside a 401k
  • Is austerity headed to America, I wish!
  • IMF says the “Age of America” is near an end
  • Protecting a paid for property if you default on another
  • How do I verify sources and analyzed information
  • Obama floats a plan to tax mileage
  • Experts say the US “can’t default as the global currency”, really?
  • Hillary Clinton warns of coming food shortages
  • Made in the USA making a comeback, not all good news.

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.

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Episode-643- Modern Financial Survival

Posted on April 14, 2011 by Modern Survival| 23 Comments
Episode-643- Modern Financial Survival [ 1:13:52 ] Play Now | Play in Popup | Download

Financial survival is something that we often hear main stream pay lip service to.   There are countless main stream experts with the formula for a happy retirement and profitable investing on the news and on day time talk shows all the time.  Each claims to have the code cracked yet they all pretty much say the same things.

  1. Save money in the stock market
  2. Put money in tax differed accounts
  3. Debt is okay
  4. Stay away from risky investments like gold
  5. Don’t time markets, invest for the long haul

The problem with such advice is it isn’t actually financial advice, it is well formed marketing to sell a system designed to serve an apathetic society.  A system of passive investing that may or may not pay off and is subject to extensive risk due to its very nature.

Join me today as we discuss…

  • The origin of our current “smart way” to invest
  • Why the autopilot system is dangerous
  • Proof that well know gurus are idiots
  • Why gold or silver are financial insurance
  • Why 100% of long term investing in tax deferred is stupid
  • The current risk for 401K, IRA, etc monies from the greedy hand
  • What is an investment really supposed to do for you

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.

 

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Episode-572- Economic Fear vs. Common Sense Reality

Posted on December 16, 2010 by Modern Survival| 35 Comments
Episode-572- Economic Fear vs. Common Sense Reality [ 1:05:41 ] Play Now | Play in Popup | Download

So today’s show is drawing from a large volume of emails about financial and economic issues based on a request I made for such materiel this week on facebook.    I decided to do today’s show due to a excess of false fear I am seeing in the market right now.  Tune in today to learn why as I put it, “yes Rome is burning but no the sky isn’t falling”

Tune in today to hear…

  • Gold is always THE answer but it is often an answer
  • Understand you don’t have to sell all of anything, you can liquidate half
  • Stop being afraid to hold onto some cash
  • Why yes you should pay off debt and no inflation won’t help YOUR debt
  • What is going on with this JP Morgan, Max Keizer silver short thing
  • If no wealthy people put all assets in one class, why should we, why should our nation
  • What is a TIPs
  • What does it mean when people take a negative interest rate on a TIPs
  • How should we view real estate for us as individuals
  • My case to you as a fellow share holder for the restructuring of USA Inc.

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

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Episode-539- A New Understanding of Money – Part Two

Posted on October 27, 2010 by Modern Survival| 21 Comments
Episode-539- A New Understanding of Money - Part Two [ 1:23:12 ] Play Now | Play in Popup | Download

Today we shall continue with Part Two of  “A New Understanding of Money”.  This subject is deep and complex yet once we peal back the layers it is remarkably simple.  Yesterdays show set up the fundamental underlying knowledge necessary to comprehend the real mess that has been made of our monetary system.

Today we will learn about the way our money is supposed to be created and managed and the common misconceptions about gold and currency in relation to the United States dollar.  We will build a fictional currency of our own to work in a barter economy, this will be like studying Latin to actually understand the structure of English but a lot more entertaining.

When you finish with today’s show and add it to yesterday’s you will know more about our currency than 99% of Americans with Bachelors Degrees.    Indeed you will know more about what really maters then may with degrees in economics and finance.

Join me today to learn…

  • The real issue is the private control of public money
    • Money creation and control is one of the Federal Governments few assigned constitutional roles
    • Why the House should be the most powerful force in government
    • Why the House was designed to be subject to the will of the people
    • How the Senate is supposed to be a “States check” on the House
    • More to 1913 then just the Federal Reserve
    • To correct the system Congress must retake control of the creation of money
  • What is money really?
  • Creating a barter currency to understand reality
  • Requirements for a functional currency
    • Total quantity must be limited
    • Expansion of the supply must be possible
    • Durable
    • Divisible
    • Backed by an intrinsic value
    • Have greater face value then its physical worth
    • Difficult or impractical to counterfeit
    • Able to be exchanged for goods and or services
    • Convertible into external currencies (useful outside its internal economy)
    • Have the confidence of its users
  • Fixing our current monetary system
    • A gold standard alone is not the answer, perhaps no answer at all
    • How moving both to and from gold have both been used to steal public wealth
    • What do we really need our currency to do and what value should it reflect
  • What you can do for yourself and your nation
    • Be an informed, educated and polite evangelist
    • Understand the money supply is not about politics
    • Accept that the current system will change but that we can’t know how
    • Exist outside the system where you can
    • Base your personal economy on value

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.

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

Posted on October 26, 2010 by Modern Survival| 26 Comments
Episode-538- A New Understanding of Money - Part One [ 1:02:00 ] Play Now | Play in Popup | Download

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.

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Episode-515- An Interview with Chris Martenson – Author of The Crash Course

Posted on September 22, 2010 by Modern Survival| 33 Comments
Episode-515- An Interview with Chris Martenson - Author of The Crash Course [ 1:25:16 ] Play Now | Play in Popup | Download

Chris Martenson Author of The Crash Course Today on The Survival Podcast we are fortunate to have with us as a guest Chris Martenson who is the creator of “The Crash Course”. Crash Course is an incredible look at our global population and resources that we require as a population.

The Crash Course is definitely not “feel good” viewing but I think every American should see it and after we visit with Chris today I am sure you are going to want to check it out, perhaps even watch it again if like many listeners you have already watched it before.

Join Chris and I today as we discuss…

  • What is “The Crash Course and what is its message?
  • Why is population growth itself a potential disaster?
  • Which resources will first feel population driven shortages?
  • Why are we on course for an energy shortage soon?
  • Why more oil, gas, alternative, nuclear etc. isn’t enough?
  • What are the biggest pending dangers to our economy?
  • How is money loaned into existence?
  • What is meant by primary, secondary and “third order” wealth?
  • What does it mean to become “resilient”?
  • Why is community important for preppers?
  • What are some methods of individual energy independence?
  • What are some easy methods of food and water storage?
  • Why is growing your own food so important?
  • Why does it make sense to invest in productive land?

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.

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Episode-456- Building Personal Brand and Income

Posted on June 16, 2010 by Modern Survival| 25 Comments
Episode-456- Building Personal Brand and Income [ 1:03:06 ] Play Now | Play in Popup | Download

Every once in a while I tend to break out of the typical “survival topic mold” and I am doing that today.  That said there is nothing that could be more accurately described as a survival topic than having your own stream of income or at least your own brand that makes you marketable as a cut above other job seekers.  The landscape is changing, the resume is dead, jobs are outsourced, the US doesn’t make many “things” any more, we simply consume them

Yet today technology has changed the entry cost into business, it used to take blood letting hard work and lots of money, today you don’ t need a lot of money just a ton of hard work.

Join me today as I discuss…

  • Why having your own income streams is definitely a survival topic
  • Why passion is the key to success in business
  • Why the resume, television as we know it, conventional radio and more are all dead or dying
  • Why the writing was on the wall 4 years ago but big companies refused to listen
  • Why giving a shit about your customers is more important than listening to them
  • Five great ideas for web based businesses
    • A cooking show
    • A REAL fishing or hunting show
    • A home handyman show
    • A podcasters social network
    • Online classes in social media for older people
  • Five great ideas for web empowered businesses
    • Home pet care (pet sitting, yes I am serious)
    • Urban cooperative  farming
    • Self guided GPS tours
    • Pool cleaning for above ground pools
    • High School athlete video production
  • Why now is the time to do what you love.

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.

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Episode-438- What Debt Freedom Means

Posted on May 19, 2010 by Modern Survival| 37 Comments
Episode-438- What Debt Freedom Means [ 0:01 ] Play Now | Play in Popup | Download

Yesterday I made my second large purchase of the year, a 2005 F-350 Diesel Super Duty I got for 30% under its Kelly Blue Book Value, I paid cash.  Earlier this year I bought a new RV (a Shamrock 21ss) I also paid cash.  I almost feel guilty about this but it got me thinking, 8 years ago my wife and I sate down face in hands looking at over 25K in credit card debt, medical bills (which grew before they shrank) and more.

We thought “how did we let this happen”, we thought about just letting things keep going and paying a “little bit more” on a few debts.  Our income was great, our house payment was low, it would all be okay, a meeting with a “financial liar” confirmed it wold be fine.  The liar even suggested we take out some home equity since we had so much if we were worried about low cash reserves.

In my head the wisdom of my grandmother screamed out over the words of this clown who had the arrogance to claim he understood money.  My wife and I began a journey, one many of you have followed as well.  I have discussed he journey and the how and why behind it, yet until today I have never discussed the freedom that lies on the other side.

In January I walked away from a six figure salary to do TSP full time.  It was a hard choice but we had paid all debt by that point and began saving money heavily.  We jumped from stocks before the crash and had not taken the hit.  Something totally unexpected occurred though, despite a massive reduction in my income, we actually seem to now have more money.

I have started to really understand why this is the case and a lot of your “post debt” emails took on a new meaning for me as of yesterday.  So today while I will talk a bit about debt, I am going to talk far more about what completing the journey will mean.  If you are going fight a difficult battle you need to realize what victory will mean.

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.

Please Comment with Your Debt Stories Today!  – I want success stories, your stories about where you are on your journey and anything and everything in between.  Note – If you are a spammer that wants to plug some debt help bullshit, don’t bother posting.

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Episode-436- Listener Feedback 5-17-10

Posted on May 17, 2010 by Modern Survival| 10 Comments
Episode-436- Listener Feedback 5-17-10 [ 1:06:04 ] Play Now | Play in Popup | Download

Today we do another listener feedback Monday and discuss your questions about precious metals IRAs, bugging in vs. bugging out, the lie that everyone should go to college, advice for people considering a military career and more.

Join Me Today As We Discuss…

  • What military trades are best for post military careers?
  • What is a “maintenance echelon and why should a perspective solider care?
  • What should a person do that doesn’t want to bug out?
  • Is a college degree necessary, can it be a bad idea for some?
  • Can you hold physical gold and silver in an IRA or just “paper metal”?
  • How do you secure gold and silver in your home?
  • What should you consider before you get a safe deposit box?
  • What permaculture investments can a short term resident make in property?
  • Are organic pesticides safe for your garden?
  • Is the state of Pennsylvania threatening its citizens with thuggery?
  • Does the Federal Reserve use lobbyists?

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.

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

Posted on May 13, 2010 by Modern Survival| 6 Comments
Episode-434- The Basic Financial We Never Get in School [ 1:05:50 ] Play Now | Play in Popup | Download

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.

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