1 rich Libsyn https://www.libsyn.com 90 600 In the US, we live an economy that is 70% consumer spending. Where one sees frugality as a virtue, they now view it as a vice. Jason Hartman and Rabbi Moffic discuss the&amp;nbsp;Paradox of Thrift&amp;nbsp;and how we should approach spending, saving, and investing in these pandemic times. When we dissect capitalism, communism, marxism, socialism, etc., do any of these reflect hints of something natural?&amp;nbsp; Key Takeaways: [2:15] Jason and Evan talk about the Paradox of Thrift. [7:15] Frugality was once looked at as a virtue but is now viewed as a vice.&amp;nbsp; [9:15] Capitalism, communism, marxism, socialism. Are any of these natural? [15:00] The paradox of thrift; We have to spend money to keep the economy going, but we also have to save money to build wealth. [20:00] There are no fiscally conservative politicians anymore. [23:00] The circular flow economic model relies on the velocity of money. [24:35] Can we ever become savers again? [27:00] Say’s Law; production of something creates demand for something else. Websites: 1-800-HARTMAN JasonHartman.com/Webinar www.JasonHartman.com www.JasonHartman.com/properties Jason Hartman Quick Start Jason Hartman PropertyCast (Libsyn) Jason Hartman PropertyCast (iTunes) Solomon Success » Podcast http://www.solomonsuccess.com/podcast/ <iframe title="Libsyn Player" style="border: none" src="//html5-player.libsyn.com/embed/episode/id/15233648/height/90/theme/custom/thumbnail/yes/direction/forward/render-playlist/no/custom-color/88AA3C/" height="90" width="600" scrolling="no" allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen></iframe> https://assets.libsyn.com/secure/content/78443042