MAX KEISER BLOG | Keiser Report | Stacy Herbert | Financial Anarchy Blog| Financial War Reports | Banksters | The Casino Gulag Economy | Investment | Banks Frauds | Wall Street Terrorists | Goldman Sachs | Gold | Stocks | Markets on the edge | Press TV | Russia Today
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.
Max Keiser : The rating on the US debt is definitely going to be downgraded , for ten years we had war of savers versus speculators , the speculators had been winning , the speculators had been able to borrow money at near zero percent , te savers had been the big losers , the us dollar is in a bubble and it needs to be marked down by 50 or 60 percent , Obama is financially illiterate , America cold end up as Greece or Ireland and lose its sovereignty to the International banks , the price of food and gas in America and particularly the price of gas will tripple from its current level this is going to happen regardless of what Obama does , the Fiat Money system is collapsing this is what gold and silver are telling us ....