Tue, 17 January 2017
Jordan Goodman is known as America’s ‘Money Answers’ man. He's written 13 books on topics that range from detecting Wall Street lies to a financial dictionary to retirement planning. Jordan and Jason Hartman discuss what we can expect from Trump's new presidential administration, how Trump’s mix of supply-side and Keynesian economics will affect real estate markets and whether we're headed for increased inflation.
[2:49] Jordan says tax rates will see dramatic changes under the Trump administration.
[4:28] Reducing taxes will increase the deficit, pushing interest rates up.
[7:37] The multiplier effect is the amount a home buyer invests in a newly purchased home.
[8:22] Regulations have discouraged good, qualified people from getting loans.
[9:08] Is it time for an economic downturn in the U.S.?
[13:31] Jordan tells us why interest rates will rise sharply in the next four years.
[18:18] Jordan Goodman wants what is best for the country.
[19:50] The economy will have a mix of supply-side and Keynesian attributes.
[22:30] The U.S. will run out of workers when Trump invests in infrastructure projects.
[26:48] Trump doesn’t want to install 35% tariffs his goal is an increase in exports.
[29:38] Jordan is involved in a commercial real estate lending fund.
[31:35] Does Thou shalt maintain control still apply?