Jeff Berwick: Diversify Your Assets Globally While You Still Can
from Wall St for Main St Jason Burack had on returning guest Jeff Berwick founder of Dollar Vigilante http://dollarvigilante.com/ and the popular Anarcho-Capitalist podcast, Anarchast http://anarchast.com/ During this 40+ minute interview, Jason asks Jeff why the global financial system hasn’t collapsed yet? Jeff says a lot of money has been printed to keep the game going longer but that he would be surprised if things last another 5-7 years. Jason and Jeff discuss Keynesian Economics and the brainwashing of children in schools in the US to allow the government to do almost anything it wants. Next, Jason asks Jeff if Austrian School Economist and founder of anarcho-capitalism, Murray Rothbard (if he were still alive) would be surprised the game has been kept going longer than expected? Jeff thinks Rothbard would not be surprised at all. Jason mentions how Rothbard wrote in his classic short book, What Has Government Done To Our Money talking about and predicting currency wars and enormous asset price inflation and asset bubbles. Jason and Jeff discuss the Foreign Account Tax Compliance Act (FACTA/FATCA) and what it means for US citizens? Jeff and Jason also discuss if it’s getting harder and more expensive for US citizens to get a 2nd passport. To wrap up the interview, Jason asks Jeff about Bitcoin and also if Mexico will adopt a silver standard again like Jeff’s friend and Mexican billionaire, Hugo Salinas Price wants.