John F. Stossel is an American consumer reporter, investigative journalist, author, libertarian columnist, and former co-anchor for the ABC News show 20/20. In this show he looks at consumer-focused topics, such as civil liberties, the business of health care, and free trade.

_,-'2_,-'2_,-'2_,-'2_,-'2_,-'2_,-'2_,-'2_,-'2_,-'2

MONEY, MONEY, MONEY

CHANGE FOR A $10? The Treasury plans to put a woman on the $10 bill. We don't know who, but people we asked in Times Square still seemed excited about the decision. I feel bad about Alexander Hamilton's demotion. He was a big deal: he helped pass our new Constitution, fought in the American Revolution, rescued the country from debt, and founded the New York Post. Most people don't know this.

SHOW ME THE MONEY! Economics confuses people. That's why John Tamny uses entertaining stories from sports, movies, and pop culture to explain basic economics in his new book "Popular Economics: What the Rolling Stones, Downton Abbey, and LeBron James Can Teach You about Economics."

UNEQUAL PAYCHECKS: Hillary Clinton complains "the top 25 hedge fund managers mak[e] more than all of America's kindergarten teachers combined." I say, "so what," and explain how the market sets wages.

ZERO SAVINGS: 3 out of 5 Americans have no savings, and the average household owes more than $7,000 on their credit cards. Radio host Dave Ramsey counsels people on how to better manage their money.

CASH ONLY: Crystal Paine has never used a credit card and avoids debt by paying for everything in cash.

GOING BROKE: Politicians should also learn how to manage taxpayers' money. Even though America's $18 trillion debt keeps increasing, many politicians insist on more spending.

MY TAKE: Let's eliminate the Washington monopoly on printing money. Let private currencies, like bitcoin or Dogecoin, compete for your business. Choice is always better!

_,-'2_,-'2_,-'2_,-'2_,-'2_,-'2_,-'2_,-'2_,-'2_,-'2

General
Complete name                            : Stossel.2015.06.26.Money.Money.Money.WS.SDTV.x264-XAiO.mp4
Format                                   : MPEG-4
Format profile                           : Base Media
Codec ID                                 : isom
File size                                : 349 MiB
Duration                                 : 41mn 7s
Overall bit rate                         : 1 186 Kbps
Writing application                      : Lavf56.25.101

Video
ID                                       : 1
Format                                   : AVC
Format/Info                              : Advanced Video Codec
Format profile                           : High@L3
Format settings, CABAC                   : Yes
Format settings, ReFrames                : 4 frames
Codec ID                                 : avc1
Codec ID/Info                            : Advanced Video Coding
Duration                                 : 41mn 6s
Bit rate                                 : 1 047 Kbps
Width                                    : 624 pixels
Height                                   : 364 pixels
Display aspect ratio                     : 1.714
Frame rate mode                          : Variable
Frame rate                               : 29.970 fps
Minimum frame rate                       : 9.990 fps
Maximum frame rate                       : 29.970 fps
Color space                              : YUV
Chroma subsampling                       : 4:2:0
Bit depth                                : 8 bits
Scan type                                : Progressive
Bits/(Pixel*Frame)                       : 0.154
Stream size                              : 308 MiB (88%)
Writing library                          : x264 core 142 r2389 956c8d8
Encoding settings                        : cabac=1 / ref=3 / deblock=1:0:0 / analyse=0x3:0x133 / me=hex / subme=7 / psy=1 / psy_rd=1.00:0.00 / mixed_ref=1 / me_range=16 / chroma_me=1 / trellis=1 / 8x8dct=1 / cqm=0 / deadzone=21,11 / fast_pskip=1 / chroma_qp_offset=-2 / threads=6 / lookahead_threads=1 / sliced_threads=0 / nr=0 / decimate=1 / interlaced=0 / bluray_compat=0 / constrained_intra=0 / bframes=3 / b_pyramid=2 / b_adapt=1 / b_bias=0 / direct=1 / weightb=1 / open_gop=0 / weightp=2 / keyint=250 / keyint_min=25 / scenecut=40 / intra_refresh=0 / rc_lookahead=40 / rc=2pass / mbtree=1 / bitrate=1047 / ratetol=1.0 / qcomp=0.60 / qpmin=10 / qpmax=51 / qpstep=4 / cplxblur=20.0 / qblur=0.5 / ip_ratio=1.40 / aq=1:1.00

Audio
ID                                       : 2
Format                                   : AAC
Format/Info                              : Advanced Audio Codec
Format profile                           : LC
Codec ID                                 : 40
Duration                                 : 41mn 7s
Bit rate mode                            : Constant
Bit rate                                 : 128 Kbps
Channel(s)                               : 2 channels
Channel positions                        : Front: L R
Sampling rate                            : 48.0 KHz
Compression mode                         : Lossy
Stream size                              : 37.6 MiB (11%)
Language                                 : unk