Max Keiser : The Fed (who is implicated in every recent major market rigging scandal covering Forex, energy markets and credit default swaps) knew that it would make an announcement that would cause a buying panic in gold (that they were going to debase the currency some more) -- so the Fed had to go into the market and drive the price of Gold down ahead of the announcement or risk seeing gold pop to new all-time highs of $2,000 or more....- in The Huffington Post
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In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the modern economic, financial and monetary system in which one who has faith, no explanation is necessary. And yet to one without faith, no explanation is possible. And once no explanation is possible - hyperinflation and economic disorder ensues. In the second half, Max continues with his interview of Professor Richard Werner, who, in the early 1990s, coined the phrase ‘quantitative easing.’ Together they take a look at the monster which QE has become.
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