Keiser Report: Money Printing & Landed Gentry

In this episode of the Keiser Report, Max and Stacy discuss how the Cantillon Effect has doubled the wealth of the landed gentry in the United Kingdom since the financial crisis while the debt serfs have suffered austerity and worse. They debate the merits of free money for one group of non-productive members of the economy (landed gentry) who already have more money than they can spend in a lifetime versus another group of non-productive members (those unable to work) who, by necessity, spend every penny they receive. In the second half, Max talks to financial activist, Joel Benjamin, about the ballooning costs of HS2, yet another Private Finance Initiative (PFI) turned boondoggle. They discuss what Prime Minister Boris Johnson might do with these PFI deals and what the future is for austerity policies and Brexit.
See Also: (Max Keiser) – Keiser Report: The end of the exorbitant privilege?

In this episode of the Keiser Report, Max and Stacy discuss JP Morgan’s recent report for their private wealth clients asking, “Is the dollar’s ‘exorbitant privilege’ coming to an end?” The bank makes the case that the rise of China will dent this privilege. They present data that demonstrates China was, for thousands of years, a major share of world trade until its encounter with the then narco-state of Great Britain in the mid 1800s when the UK and the East India Company used military force to impose opium unto the population. China’s military defeat sank the country into rapid economic decline from which they are only emerging. JPM recommends reducing client exposure to the dollar and increasing exposure to gold and Chinese renminbi. In the second half, Max talks to China expert, Dan Collins, who discusses what to expect from the US trade delegation visit to Beijing. They also look at the rise of China as a rival power to the US with the new military bases and the rumors of a new port city being built in the Pakistani state of Balochistan, across the Gulf from Saudi Arabia. Also: (Max Keiser) – Keiser Report: Time value of money disappears

In this episode of the Keiser Report, Max and Stacy discuss the mainstream financial press turning to the metaphors and analogies the Keiser Report started using a decade ago about the obvious blackhole of debt that would put central bankers into a quicksand of negative rate policy trap. A full 25% of global sovereign debt is now negative yielding with a whopping 85% of German debt negative. This means that the time value of money has disappeared, hence a fundamental law of monetary physics has been broken. So, what is next? They look at the historical break from gold which had provided an anchor to time value, and how that hurtled us over the debt event horizon and into a negative yielding world. They also look at a recent exchange between a CNBC host and the treasury secretary on bitcoin and the dollar. Also: (Max Keiser) – Keiser Report: 5G, Why is the US so far behind?

In this episode of the Keiser Report, Max and Stacy ask why the US is so far behind on 5G? Chinese companies own the most patents on crucial elements of the technology, while there are no major US companies building and developing 5G telecom equipment. In the second half, Max continues his talk with Chris Martenson of PeakProsperity.com about the global financial and monetary systems. They discuss the return of the bull market in gold. Also: (Max Keiser) – Keiser Report: Last of the Fiat Notes

In this episode of the Keiser Report, Max and Stacy discuss the stupidity of negative interest rates as $13 trillion in negative yielding debts get forced onto pension funds which are guaranteed losses on their investment. They also discuss why Alan Turing should be on the £50 note, it’s very fitting that the man most responsible for setting in motion the demise of fiat should grace the last of the fiat notes. In the second half, Max talks to Chris Martenson of PeakProsperity.com about the choice between ‘greatness and oblivion’ in our environmental and economic policies going forward. They also discuss whether or not the U.S. can go negative on their sovereign debt yields and still retain its reserve currency status. Also: (Max Keiser) – Keiser Report: Orange Coin Good, Orange Man Bad

In this episode of the Keiser Report, Max and Stacy discuss the fact that bitcoin has now hit the big time as the US central bank, the Treasury, the Congress and the President all start talking about it. In the second half, they talk to Craig Hemke of the TFMetalsReport.com about the return of the bull market in gold.