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In this episode of the Keiser Report, Max Keiser and Stacy Herbert burning matches at stall speed as the US is now producing as much new debt as goods and services and the rate of currency dilution exceeds the rate of production growth. And what happens when an Empire hits 'stall speed?' They plunder and steal from workers and savers through inflation; or through the NSA 'surveillance.' In the second half, Max interviews Wolf Richter about the ongoing and escalating economic fallout from the NSA spying scandal.
In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss exorbitant privilege that is the dollar hegemony which offers nothing on the upside and only subjugation and humiliation on the downside. And despite having an empire of fictional money, the US appears to still have gone bankrupt on these fictional debts. But all that is to change as European companies, like Total, and officials, like the Bank of France governor, fight back suggesting an end to US dollar transactions on international trade. In the second half, Max interviews Arjen Kamphuis about his new and free digital manual The Infosecurity Handbook For Journalists and about driving the cost of NSA spying from the current 0.08 cents per person per day to $10,000 per person per day - thus, driving them out of business.
How wall street runs politics in America How Goldman Sachs High Frequency Trading proprietary algorithms are manipulating the market ...Max Keiser talks to Stacy Herbert about the true power behind democracy : money recorded on January 23rd 2010
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.