Sep 14, 2017
Buck informs Porter that the US national debt just passed $20 Trillion. Should you care? Porter reveals the kinds of companies you want to own during the next debt crisis, shares his top two ways to build wealth over the long term, and gives you his #1 rule for building savings. Danielle DiMartino Booth, author of Fed Up: An Insider’s Take on Why the Federal Reserve is Bad for America, joins the show to talk about the misguided morality of the Fed, how a further fiscal hazard was created when the Fed expanded it’s balance sheet in 2009, and why capitalism is both highly moral and natural - two things the Fed is not. Buck channels “Bill Clinton” and visits with Porter to reveal the coping strategies he’s recommended to Hillary and Chelsea, and invites Porter to a night out on the town in LA.