Jason Hartman and Thomas the Economist take today to discuss a different view on Inflation Induced Debt Destruction. Jason and Thomas dig in to some stats from Shadow Stats that show what is, potentially, the real rate of inflation, and it’s VASTLY different from the numbers the government puts out for public consumption.
[6:44] Jason’s latest book recommendations
[7:55] One huge benefit we get as real estate investors is optionality
[13:20] Things aren’t always as they seem when you look at the real numbers
[16:03] Interest rates and mortgage payments
[22:22] Houses today are barely any more expensive today than they were in 1989 based on adjusted numbers
[28:34] Substitution could be useful for inflation, but the government tends to abuse it to keep the numbers where they want
[32:34] How to get your after inflation and tax effective interest rate