The Keiser Report No. 485, "UK 'Cult' of 'Saving'" -- 2013 Aug 17 SA

This time Max and Stacy discuss how the 'cult' of Mark Carney is leading to food inflation, as well as housewives outstripping inflation. Meanwhile, George Osborne's welfare reforms see £11.8 billion 'saved' from housing benefits, while £12 billion of taxpayer money is set aside to subsidize mortgages of up to £600,000 for the second phase of the Help to Buy scheme. In the second half of the program, Max talks to Simon Rose of SaveOurSavers.co.uk about forward guidance, real inflation, and George Osborne's speculative schemes.

Audio file link: http://www.sendspace.com/file/xkgtw3

You can watch the video online at: http://youtu.be/PyJj3uI9wWI