Entitlement Culture Destroying the US – Woody O’Brien

TND Podcast Spotlight:  Wall Street For Main Street

Jason Burack of Wall St for Main St had on first time guest, former Wall St economist and money manager, Woody O’Brien. http://www.woodyknowsmarkets.com/ http://www.abolishfiatslavery.com/

Woody is now a farmer in West Virginia where he also pays attention to commodities markets and invests in commodities and Woody has woken up to the Austrian School of Economics and is a Libertarian.

During this 50+ minute interview, Jason asks Woody about his background and how he woke up. Woody says he was working on Wall St as an economist and a money manager when the technology bubble and 9/11 happened and he began asking honest questions the government was intentionally not answering.

Woody talks about taxes and precious metals, about how government forces the taxpayer to pay for a bunch of things and entitlements that creates very bad incentives for people in the the US.

Jason asks Woody about commodities and for how long so many commodities can sell below the cost of farmers, miners, etc?

To wrap up the interview, Jason and Woody discuss inflation and deflation and how much longer the status quo can continue.

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