January 14, 2015

The Real World of Money with Andrew Gause 2015.01.14

Getting Ahead with A Mortgage and An Old Used Car

Topics
-The interest the USG pays you to borrow money for 30 years is 2.39% – this is artificially low to keep
30 year mortgage rates under 4% to keep houses and the economy moving
-Lots of conversation about the benefits of owning a home on credit, using credit as a blessing and always having a mortgage going, even when you rent your living quarters
-Andy and others estimate around 200 Billion per month is being wagered on keep the derivatives market going by the NY Fed
-Retail sales over Christmas – the worst numbers since 2009
-Andy gives a good explanation of the labor pool, the participation rates/eligible to work pool, and how it
is possible USG says the “unemployment” rate is 5.5%?
-Consolidation is another word for the rich guys buying up more stuff from the people in trouble…world wide
-And another good explanation of how the NY Fed works and how they are able to give back 98 billion to the Treasury and still “make” mountains of money for themselves.
-Why not buying a new car on credit makes all the sense in the world
-Some discussion on the Paris shootings; were they just another false flag?
-The oil situation, how we got here, who got us here and the reasons for same?

The Real World of Money Archive 
Andy's site




Download

No comments: