Category Archives: Financial Friday

Barnhardt Podcast #039: Let Net Neutrality Die, Kill It If You Must

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In this episode we discuss the recent repeal of the Obama Administration’s regulation on net neutrality and why this is a good thing, Disney’s acquisition of 21st Century Fox and why this is a bad thing, Ann breaks down the blasphemous and scandalous nativity scene in Saint Peter’s square, and SuperNerd vents on the demise of Star Wars (from a certain point of view, of course).

Links and reading:

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The Barnhardt Podcast is produced by SuperNerd Media; if you found this episode to be of value you can share some value to back to SuperNerd at the SuperNerd Media website. You can also follow SuperNerd Media on Twitter and Facebook.

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Barnhardt Podcast #029: Catalonia, Secession, Odious Debt and the Winds of War

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In this Financial Friday episode we discuss the recent Catalan vote for independence, how the sovereign debts incurred by Madrid are a big reason why Catalonians are moving to secede at this time, and how this makes it more likely that Spain will default on its debts… which will lead to a general devaluing of the Euro which will spark a global currency war which could end in a hot war — unless the bankers decide nothing extraordinary is happening in Spain and we move on, business as usual.

Feedback: please send your questions and comments to [email protected]

The Barnhardt Podcast is produced by SuperNerd Media; if you found this episode to be of value you can share some value to back to SuperNerd at the SuperNerd Media website. You can also follow SuperNerd Media on Twitter and Facebook.

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Barnhardt Podcast #022: Tinker, Tailor, Gunsmith, Nerd: Let’s Talk Trades!



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In this episode, after dispensing with the notion that everyone should go to college, we discuss and recommend some trades that one might consider in lieu of taking on a sentence of 20 years to life of paying back student loans. Traditional trades are high on the list — and virtually impossible to outsource overseas — but nerdy skills are a viable option as well. We also talk about some fields where higher education (going to college) are pretty much a requirement but are solid fields to consider.

Feedback: send your questions, comments, or trades we didn’t mention but you think are a great idea to consider to [email protected]

The Barnhardt Podcast is produced by SuperNerd Media; if you found this episode to be of value you can share some value to back to SuperNerd at the SuperNerd Media website.

Podcast Feed: In addition to the links below, if you want to subscribe to ONLY the Financial Friday episodes you can do that with your pod-catcher of choice with this URL: http://feeds.feedburner.com/BarnhardtPodcastFinancialFridays

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Barnhardt Podcast #019: Let’s Talk About Bitcoin



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In this “Financial Friday on Satoshi Saturday” episode we discuss what bitcoin the software (wallet) is, what bitcoin the currency (BTC) is, and spend more than a little time talking about globally distributed ledger which stores all bitcoin transactions (The Blockchain). We go over what is good about bitcoin, what is bad about it, and conclude by introducing a concept which we’ll talk about much more in the future: smart contracts.

Feedback: send your questions, comments, or ideas for how to use smart contracts and programmable money to [email protected]

The Barnhardt Podcast is produced by SuperNerd Media; if you found this episode to be of value you can share some value to back to SuperNerd at the SuperNerd Media website.

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Financial Friday Barnhardt Podcast #017: We are the Gold



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In this episode we lay some conceptual groundwork for next week’s discussion of cypto-currency by defining the difference between money and currency, going into detail about the fundamental source of value behind money. We also talk about the bubble-inducing effects “forced charity” through government spending of tax revenues on things like education and healthcare, and how the institutional Church is right in the middle of — and profiting from! — this forced charity scheme.

Feedback: send your questions, comments, or alternative definitions for money and currency to [email protected] — and email [email protected] if you have suggestions for where to buy BTC (BitCoin) without visiting the dark web, meeting with gangsters, or getting a knock on my door by someone in a dark suit who is wearing an earpiece…

Distinction between money and currency:
Money, in concept, is the fungible proxy for the aggregation of wealth, real property, and services which are the product of human life and the capacity to produce things of value whereas currency are the exchangeable units of value that can be used for performing economic transactions.

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The Barnhardt Podcast is produced by SuperNerd Media

Barnhardt Podcast #014: Interest Rate Manipulation: The Stealth Weapon of Mass Destruction



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In this inaugural Barnhardt Financial Podcast, we address two main topics. First, we discuss the wisdom of the 7 year mortgage as a maximum loan term on a home, and walk through examples and consequences of the responsible use of debt. Next, we delve into the use of interest rates as literal weapons of mass destruction, the silent and extremely coercive “nuclear weapon” being held over every economy by the Deep State via central banks. Specifically, we look at the current threat of economic Armageddon being held over Italy as it is being coerced via threats of interest rate manipulation into importing and quartering the very islamic invasion force that was repelled at Lepanto in 1571 and Vienna in 1683.

Feedback: send your questions, comments, or suggestions for paying off debt in seven years to: [email protected]

This week’s Financial Math Example:

If you pay $100,000 for a bond position and its yield is 2%, it will pay $2000 per year in interest regardless of market price changes so long as you hold it and do not sell it.

If a bond issuer is likely to default (that is, risk increases), the yield goes up and the market price goes down. If yield goes up to 10%, what is the price such that 10% of that price is $2000?

P x 0.10 = $2000
P = $2000/0.10
P = $20,000

If yield goes from 2% to 10%, yield has increased by a factor of 5.
0.10 / 0.02 = 5

Therefore, market price must DECREASE by same factor:

$100,000 / 5 = $20,000

QED

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