Archives For The Economy

Inflation

Standard of living and quality of life are not the same.

“It’s not that the stock market is gaining value… it’s that our money is losing value. And so if you have a debased currency… a devalued currency, the price of everything goes up. Stocks are no exception,” Peter Schiff

“The Fed knows that the U.S. economy is not recovering,” Schiff said. “It simply is being kept from collapse by artificially low interest rates and quantitative easing. As that support goes, the economy will implode.” Peter Schiff

Devalued currency is a result of inflation. Inflation is The Fed printing money at will. This is an intentional tax.

Why should you care? Your stock goes up in price and you falsely believe it’s a good thing. How many hours are you willing to work to buy a loaf of bread?

Resource:
The Money Morning

Give us a call on our voicemail listener feedback line at 615-200-7189 or drop Greg an email at:
greg [at] debtshepherd [dot] com

taxes

Why do we pay taxes? What are they used for? What if we stopped paying them?

If America is such a great country, why aren’t taxes voluntary? If we all love living here so much, wouldn’t we voluntarily pay them? Why are they extracted by force of law? Make taxes voluntary and see what this country would look like in 5 yrs, 10 yrs. etc.

1) Why do we pay taxes?
To keep the government running? The government is a corporation, a business. Businesses need money. Why does government take your money to operate it’s business but you have to use your own money to run your business?

2) What are our taxes used for?
To hide the invisible tax of inflation.

3) What if we stopped paying? Stop paying taxes and the corporation known as government will send its collections agent to visit. That agent is The Internal Revenue Service. Resist The IRS and you’ll have armed officers of the law to deal with.

Resources:
Ayn Rand
Comprehensive Annual Finance Report

Give us a call on our voicemail listener feedback line at 615-200-7189 or drop Greg an email at:
greg [at] debtshepherd [dot] com

utah

A fellow podcaster and radio type, Andrea from Utah joins us to discuss:

Why growth isn’t necessarily a good thing in the economy.

We cover taking responsibility for educating your own children.

Andrea reveals the one thing she’d change about the economy if given the chance.

She also shares with us what she’d ask The Federal Reserve chairman if she could have a 20 min., one on one convo with him.

Give us a call on our voicemail feedback hotline at 615-200-7189 or drop Greg an email at:
greg [at] debtshepherd [dot] com

bond
PODCAST AUDIO – click to listen

How money is created:
Your signature

The Promissory Note:
Where It All Starts

Birth Certificates:
The Mother Load of All Promissory Notes

“Since 1933 every new child born was required to be ‘registered’, thereby creating a Corporate Person, effectively denying that child any rights as an owner of Real Property.
The act of registering a child contracted them as chattel, and the birth record was a deceptive legal way of getting the parents to sign the baby away. The birth record was in fact a promissory note that was converted into a slave bond, which was then sold to a private reserve bank effectively giving ownership of the child to the bank.”

– www.i-uv.com / Removing The Veil / The Slavery System

Resources:
i-uv.com
BZ Riger (channel on YouTube)

calculator

PODCAST AUDIO – click to play

Title pawn loans, pay day loans, rent-to-own. They all practice what’s called Ugly Math. You pay ridiculously high fees and rates of interest.

In this episode I sit down with Oscar Smith and we discuss what ugly math is, how to avoid it, and why it’s important. Oscar and I are working to make ugly math a weekly episode.

Resources:
Oscar Smith

Give us a call on our voicemail listener feedback line at 615-200-7189 or drop Greg an email at:
greg [at] debtshepherd [dot] com

There is no need to copyright truth

diy

PODCAST AUDIO – click to listen

Before you pay retail on your next purchase think about finding the item used. There are lots of folks out there who have slightly used items for sale that would love to help you out. Craigslist is a great place to start. There’s also yard and garage sales.

You accomplish a few things buying used:

1) Help environment by not creating a demand for new products.
2) Help the seller get money they need and create more space.
3) Keep money and resources in your local community.
4) You save money.

Before you buy used another thing to consider is, “Can I make it myself?” You can usually accomplish quite a bit with a few simple tools. Don’t go nuts and buy a bunch of power tools. Ask family/friends to borrow if needed. Most hardware stores will cut your lumber for you. Just make sure you have all your measurements with you when you go this route.

Think about what services you can trade/barter for what you need. It’s the way they used to do it in the old days. Get used to it because you’re going to need these skills in the very near future.

Give us a call on our voicemail feedback hotline at 615-200-7189 or drop Greg an email at:
greg [at] debtshepherd [dot] com

There is no need to copyright truth

German_Flag

PODCAST AUDIO – click to listen

In this 103rd episode about personal finance, I talk to Rebecca from Germany. She shares her insight about debt elimination and what it’s like in Germany compared to The United States.

Interview questions:

Who is Rebecca?  Tell me about yourself.

What got you interested in learning more about finances?

When did you decide to make changes?

Where do you see yourself financially in 5-10 years?

Why do you think so few Germans understand personal finance?

Resources:
coursera.org – Fundamentals of Personal Financial Planning
Dave Ramsey

Give us a call on our voicemail feedback hotline at 615-200-7189 or drop Greg an email at:
greg [at] debtshepherd [dot] com

There is no need to copyright truth

Screen Shot 2013-04-09 at 5.47.28 AM

PODCAST AUDIO – click to listen

In this 100th episode I sit down and talk to Nashville, TN entrepreneur LaJuan Stoxstill-Diggs. He’s the author of the book “The Craigslist Hustle.” He explains how he got started hustling on craigslist after being laid off and how it turned into a full time gig.

LaJuan get’s his hustle on and so can you. It’s easier than you might think. He describes craigslist as Life’s Coupon to Everything You Want to Buy.

Interview Questions:

1) Who is LaJuan Stoxstill Diggs?
2) How did this all get started in 2007?
3) What is The Craigslist Hustle?
4) What’s your favorite hustle?
5) Why would someone consider craigslist?
6) When can someone hustle?
7) Where can they hustle?

Resource:
MrCraigslistHustle.com

Give us a call on our voicemail feedback hotline at 615-200-7189 or drop Greg an email at:
greg [at] debtshepherd [dot] com