Jason Hartman talks with Daniel Amerman, CFA, about the need for legitimate economic data and whether we can get any of that from the government. The two also take a deep look at our nation's rising debt and what that means for the US currency moving forward. Key Takeaways: [2:42] Daniel recently reverse engineered the Congressional Budget Office's long term economic outlooko [6:32] Is the CBO a credible source of information? [8:41] Technically there's no such thing as an unfunded liability [13:47] What does a heavily indebted nation mean for the investor? [15:57] "It's crucially clear that, when you have a $20 trillion national debt, that interest rates can't rise too much" [19:48] Why Jason hates hedonic indexes [23:39] There's a lot of inflation that we either don't see or we don't acknowledge [28:12] A 2% higher rate of inflation is magic for maintaining financial solvency [31:23] When everyone learned that stocks were the magic wealth building machine they bid the prices of stocks so high the dividends crashed, which ruined the wealth creation [34:02] Daniel is a huge fan, not of income property, but of the mortgage Website: www.DanielAmerman.com