Andrew Gause - The Real World of Money -- 2013 Oct 23

Borrow, Borrow, Borrow or the Whole Thing Collapses, Period

Show highlights:

-Wasting money: Why we value it more when it’s made and not given. Patrick recounts the tumble of a business built on a small business loan compared to a business built on money earned. Andy comments, “If you lose, as long as you don’t lost the lesson, you gain.” Unfortunately the government hasn’t yet figured that one out.
-Fun Fact: The Top 5 positions in the Department of Justice were fundraisers for the President
-The fall of the Roman Empire: Will America repeat history?
-Obama Care, The Hegelian Dialectic and other strange events to kick off the show
-J.P. Morgan now out 19 Billion Dollars in fines
-Fascism – what exactly is it and how did we get here?
-Comparing the USG and The Roman Empire
-Treasury borrows nearly 1/3 Trillion Dollars in one day last week
-Employer Pension Plans and other large shoes to drop someday
-Just how many fiat dollars is the NY Fed creating per month these days?
-The current QE is not to create prosperity it is simply to keep it from imploding
-When you hold the reserve currency status you make the rules. For now.
-Listener asks, “Is my Mom’s money safe in an IRA?” Mr. Gause responds, “It depends”
-What happens if people stop lending money to the States?
-The State Bank of North Dakota. Now there’s an idea worth thinking about.
-European traveler could not cash “Old” Federal Reserve Notes at hotel
-The troubles in Greece have just begun as Tony Soprano pays a visit next week
-Stocks – Is buying and holding an outdated idea?
-Insider trading, the largest hedge fund and Gordon Gekko
-PIMCO on the inside track of information because the buy government debt

Andrew Gause may just be the top man anywhere for the highest quality analysis into the world of money we all live in. Andrew is a currency historian, an internationally recognized expert on the United States monetary system. He’s written two books, The Secret World of Money and Uncle Sam Cooks the Books.

http://www.oneradionetwork2.com/mp3/money/real/10.23.13_gause_andrew_real_world_of_money_one.mp3

http://www.oneradionetwork2.com/mp3/money/real/10.23.13_gause_andrew_real_world_of_money_two.mp3