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Podcast: Creating Wealth Real Estate Investing with Jason Hartman
Episode: 1486: Small Town Currency, Inflation/Deflation Shell Game, Suburban Bidding Wars
Description: Not a cryptocurrency, but a COVID-Currency. Jason Hartman shares news of a small town in Washington that has created their own local currency, something that hasn’t been used since the Great Depression. And as always, it’s good to ask, “compared to what?” This letter home from a college student couldn’t illustrate this principle more clearly when it comes to gaining perspective. Let’s step back in time for a lesson on the inflation/deflation shell game. Lastly, Jason talks about the wildly unsurprising news that the bidding wars for homes have left the big cities and moved largel...