CW 488: Externalities Examined & Explained with John Michael Greer Author of ‘The Wealth of Nature’
Description
In Jason Hartman’s introduction portion of the show, he answers a listener question about the due on sale clause and transferring your property into a single member LLC. Jason also welcomes guest John Michael Greer to the show. He is the author of several books with the most recent one being The Wealth of Nature. In the show today, Jason and John talk about the US economy and some of the key issues that it currently has in today’s market.
Key Takeaways:
1:40 – A listener question is played about quick claim deeds.
6:50 – Would a judge even uphold a due on sale clause for single member LLCs?
13:45 – Jason touches on rent to value ratios and talks about $415 rents around the country.
19:50 – Jason introduces his guest John.
29:20 – John and Jason explain what externalities are.
40:30 – We tax the wrong things, we shouldn’t be taxing earned income.
48:00 – People are smart and they will always find a way to game the system.
Tweetables:
“What does government spending always lead to? It leads to inflationary pressures.”
“Whenever anybody talks about a new economic era, oh man, get out of the market.”
Mentioned In This Episode:
HotPads.com
VisualCapitalist.com
The Great Crash, 1929 by John Kenneth Galbraith
The Wealth of Nature by John Michael Greer
United States
