The Ledger, every show

“Gold is not a precious metal that's speculated on, like most people have come to think of it as. It is the most established money that, it's the second largest reserve currency that central banks hold.”

“For example, 60% of all Americans have below a sixth grade reading level.”

“Gold is the third largest reserve currency, by the way. Dollars euros, gold, and then yen.”

“There is the top 40% and the bottom 60%. And if you just carve out and you say, what is the economy and life like of the bottom 60%? There hasn't been income growth, prospects of having a better life than your parents.”

“We now have that two trillion dollar deficit. Half of that is interest payments, plus we have to roll over nine trillion dollars of debt That has been accumulated and is maturing.”

“What's the money ratio right now in the United States is about eight and a half to one, and so on, and when you look at it and then also then there's what it's in. The stock market is, is right now about three to one, and that's very high. If you were to go ba…”

“The government wanted to, and actually did, deliver a lot more money to people, companies, than there was a loss of income.”

“Commodities, by the way, in real terms, all commodities, every single commodity, in real terms over long decline, long periods of time have declined because of productivity.”

“Roughly, 70% of government expenditures are, you can't cut.”

“So, in the thirties, four major democracies, because of that dynamic, chose to be, their parliaments chose to be autocracies. That happened in Germany, Italy, Spain, and Japan.”

“Basically, it's projected to spend about seven trillion dollars, take in about five trillion dollars, so it's running a 40% Deficit, 40% of its spending. It's been running deficits for a long time, so it has a debt that is 600%, six times the amount of money t…”

“Gold is over a period of time, a low returning asset class like cash. It'll produce, it has produced, and for logical reasons, it produces about a 1.2% a year Real return.”

“They own 33% of all world manufactured goods, which is more than the combined U.S. German and Japanese manufactured goods, Chinese produce more.”

“22% of the high school students in Connecticut either have dropped out of high school or are failing classes with absentee rates of greater than 25%.”

“I contributed to the economic risk of being able to come out with a Chicken McNugget. Because it came out at a time when there was a lot of commodity price volatility, and McDonald's wanted to come out with a chicken McNugget, but they couldn't lock in a price…”

“I've given personality tests to well, I mentioned that in, in the book, Bill Gates, Elon Musk many, many incredible, successful people, and they all have some elements in common, and then they also have differences, and so there's a path to leadership.”

“To take a Japan, for example, if you were a holder of Japanese bonds, you lost about 80% of your money relative to gold, and about 60% relative to U.S. Bonds, because you received an interest rate that was three percent less than the corresponding interest rat…”

“And from 1966. Until 1984, you had a negative real return.”

“What I'm planning to do is to get the best principles from everybody and then make that all available on an app in which then people can then vote up what are the best principles for that particular thing that they're encountering, and so then when that thing …”

“If you look at the exact bottom in the stock market, August, When Mexico defaulted, that was the exact bottom in the stock market”

“We have on the data collection processing type of thing, we have a fellow by the name of Dave Ferrucci, who was the person who started and created Watson at IBM.”