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Video: Milton Friedman on the Power of the Market
This is a great video on the power of the free market. So the question arises, what then happens economically if the pencil becomes obsolete? Should the government be responsible for making sure that it doesn’t in order to save jobs?
Financial Stories: Phil and Sue Macartney
Phil and Sue Macartney are making the transition from working years to retirement years. They share with us the financial roller coaster they’ve road, and things they wish they would have done differently.
Wall Street’s Dirty Little Secret
Economist Jerry Robinson and best selling author Barry Dyke discuss the many myths of wall street and what the wealthy individuals in America do to create and maintain the wealth they have created.
The 401k
The economic environment has changed substantially in the last 30 years, but have we adapted?. Listen in as Jake, Josh, and Nick discuss what was happening when the 401k began, and why the 401k may not have the same tax advantages it had 30 years ago.
Contact us at info@wealthonomics.org
Purchasing Strategies: The Debtor, The Savor, The Wealth Creator
In this podcast, Jake, Josh, and Nick from Wealthonomics discuss how to handle major capital purchases, and the fundamental differences between the Debtor, the Savor, and the Wealth Creator.
Contact us at info@wealthonomics.org
Wall Street Smoke and Mirrors: Average and Actual Returns
We decided to create this video to illustrate the difference between how money actually grows, and what Wall Street Illustrates. We often refer to average rates of return, when actual growth NEVER equals average growth. The average is always less… check it out.
Three Common Myths of Capitalism Explained
Dr. Jeffrey Miron, Director of Undergraduate Studies in the Department of Economics at Harvard University, discusses 3 common myths about capitalism.
Government Spending Explained
The video illustrates the road to our national debt, and what Government has done to get us here.
The most interesting part of this video is the ability for our government to consistently issue bonds in order to satisfy the interest owed on other debt. Borrowing money to pay debt is never a comforting cause.
A Guide To American Federal Debt
This short film is the perfect depiction of what our government demanded when asking to raise the debt limit.
The Private Reserve Strategy
The Private Reserve Strategy™ is another name for the Infinite Banking Concept, but illustrated in a slightly different fashion. Instead of focusing on the idea of “paying yourself back,” the Private Reserve Strategy™ highlights the use of your cash value as collateral to borrow for purchases. Its a different approach to the same fundamental concept.…