There has never been this much money in the world. Now is the time to own real property. Topics covered include: How to buy something with BitcoinHow cryptocurrencies are similar and different from fiat currenciesWhat is legal tenderWhy there has never been this much money in the worldWhy central banks can control interest rates but not inflationWhat real property should investors own Thanks to Truebill and Babbel for sponsoring the episode. Use code David for Babbel to get an additional three months free. For more information on this episode click here. Show Notes The Power of Gold: The History of an Obsession by Peter L. Bernstein IRS Virtual Currency Guidance Announcement 2014-21—Internal Revenue Service Legal Tender Status—U.S. Department of the Treasury India to propose cryptocurrency ban, penalising miners, traders - source by Aftab Ahmed, Nupur Anand—Reuters Executive Order 6102—Requiring Gold Coin, Gold Bullion and Gold Certificates to Be Delivered to the Government by Franklin D. Roosevelt—The American Presidency Project Total Circulating Bitcoin—Blockchain Charts Federal Reserve statistical release: Factors Affecting Reserve Balances, March 18, 2021—United States Federal Reserve Money Stock Measures – H.6 Release, March 23, 2021—Board of Governors of the Federal Reserve System M2 Money Stock/Gross Domestic Product—Federal Reserve Bank of St. Louis Monthly Budget Review: Summary for Fiscal Year 2020—Congressional Budget Office A Fed With No Fear of Inflation Should Scare Investors by James Mackintosh—The Wall Street Journal Biden Administration Officials Put Together $3 Trillion Economic Plan by Ken Thomas and Andrew Duehren—The Wall Street Journal Turkey faces a currency crisis after Erdogan sacks his central banker—The Economist Related Episodes 295: Federal Reserve Insolvency and Monetizing the National Debt 316: Paper, Rocks, or Digits—What Makes the Best Money 322: Why Currency Exchange Rates Matter See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

How much can you earn investing in farmland and what are the risks? What are the ways to invest in farmland? Topics covered include: What determines farmland investment returnsHow much has U.S. farmland appreciated historicallyHow much income does farmland investing generateWhy the amount of U.S. farmland is shrinkingHas another commodity supercycle startedWhy U.S. farmers are dependent on exportsWhat are farmland investing risksWhat farmland investment vehicles are availableHow to evaluate a farmland investment opportunity Thanks to LinkedIn and Policygenius for sponsoring the episode. For more information on this episode click here. Show Notes Farmland Values, Land Ownership, and Returns to Farmland, 2000-2016 by Christopher Burns, Nigel Key, Sarah Tulman, Allison Borchers, and Jeremy Weber—United States Department of Agriculture Land Values 2020 Summary—United States Department of Agriculture Farming and Farm Income—Economic Research Service United States Department of Agriculture Agricultural Markets and Prices: Towards 2025—Organisation for Economic Co-operation and Development U.S. Agricultural Trade at a Glance—Economic Research Service United States Department of Agriculture Why Invest In Farmland?—AcreTrader FarmTogether Farmland Index Posts First Negative Return in 19 Years by Mike Walsten—Pro Farmer NCREIF Farmland Property Index Lumber Prices Are Soaring. Why Are Tree Growers Miserable? by Ryan Dezember and Vipal Monga—The Wall Street Journal Pistachio industry looks to reposition product amid supply boom by John Cox—The Bakersfield California Related Episodes 218: Is China or the U.S. More Vulnerable? 232: Is It Time To Invest In Commodities? 328: Are You Underweight Chinese Stocks? Pros and Cons of Investing in China See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.