George Gammon warns that a digital dollar and a ban on cash is coming as the Fed has backed itself into a corner and needs another way to increase the money supply. George and Jason Hartman discuss the economy, inflation, deflation, US debt, and why George recommends hard assets like real estate. 0:00 Introduction to George Gammon 1:00 George reports from St. Barts 8:04 Jason opens a discussion on Japanonomics 9:00 The US deficit just this year will be the same as the total amount of debt accumulated from 1776 to 2000. 12:37 George talks about the trade surplus 15:24 US government spending is over 50% of GDP 16:37 How did pandemic change the US savings rate? 19:24 How has the savings rate been manipulated based on IRS’ estimates.? 22:23 Why deflation is good (especially for the poor and middle class) 23:48 The Fed announced they will no longer react to forecasts of inflation 25:40 Who actually ‘owns’ the Fed? 30:20 In a truly free market, one is always trying to create a product that has more value than the money in your pocket. 32:27 Where do you think these interest rates are going? 33:11 The Fisher Equation 39:29 Is inflation necessary? 40:49 The shortage of coins in the United States 41:31 Why the government would ban cash and create a digital currency 46:50 Be prepared or you’re going to be a victim 47:46 Be cautious about urban real estate 50:46 What is Rebel Capitalist Pro? https://www.georgegammon.com/pro Learn More: https://www.jasonhartman.com/ Listen to the podcast: https://www.jasonhartman.com/podcast/ Have questions or topics you want me to do a video on? Let us know in the comments below. If you love real estate investing, SUBSCRIBE! #digitaldollar #georgegammonBan on Cash and Coming US Digital Dollar

Global Digital Currency