Keiser Report: Paper is Poverty, a Ghost of Money
In this episode of the Keiser Report, Max and Stacy discuss the spooky signs across the world that prove ‘paper is, indeed, poverty,’ for it is a ‘ghost of money’ rather than money itself. And as such, it can hide all sorts of scary things like unpayable, toxic and fraudulent debts. In the second half, Max talks to Ross Ashcroft, the host of Renegade Inc., about the UK’s ‘Serious Fraud Office’ quietly ending their ‘inquiry’ into the overwhelming evidence of serious fraud that happened during the Libor rigging scandal in the 2007-2009 period. They also discuss the failure of neoliberal economics as seen in protests across the globe and in the ‘botched’ PFI contracts in the UK.