Costa Mesa, CA (PressExposure) October 02, 2009 -- What effects will the current stock market collapse, crumbling economy and government bailouts have on our nation’s longevity? Jason Hartman, host of The Creating Wealth Show recently interviewed Thomas Woods, American historian and New Your Times best selling author of the book entitled, Meltdown: A Free-Market Look at Why the Stock Market Collapsed the Economy Tanked and Government Bailouts will Make Things Worse. The Creating Wealth Show provides information about identifying our nation’s problems, causes and solutions.
One issue Thomas Woods addressed as being a contributor to the nation’s financial meltdown is credit flowing easily and readily, setting people up for taking unnecessary financial risks and then counting on government bailouts when things go bad. According to Woods the monetary authority creating money out of thin air that doesn’t correspond to savings in the economy. Tampering with the money supply and interest rates leads to massive errors made by investors, entrepreneurs and consumers who cannot see the economic condition clearly. Massive increases in the money supply are not based on real savings; we cannot create wealth on the basis of manipulation. This pushes people into risk and they become reckless, only creating unhealthy growth.
The hour long interview with Thomas Woods discusses issues and causes of problems in today’s economy. The entire interview with Thomas Woods can be head on podcast at http://www.jasonhartman.com/radioshows/
Jason Hartmann is the president of Platinum Properties Investor Network for real estate investors and entrepreneurs. Through podcasts, educational events, referrals, mentoring and software, investors can easily locate, finance and purchase properties in any market with peace of mind.
Contact: Jason Hartman 555 Anton; Ste 150 Costa Mesa, CA 92626 714-820-4200 ext. 110 Jason@jasonhartman.com
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