The Keiser Report No. 511, "WalMart & Wall Street's Sugar Daddy-" -- 2013 Oct 17 TH

This time Max and Stacy discuss the EBT 'free lunch' card chaos at Walmart when an 'unlimited' benefits glitch causes card holders to pile shopping carts high with 'free' goods, while on Wall-Street, the 'free lunch' card of Quantitative Easing has caused a similar misallocation of capital into property and toxic debt instruments. Finally, they discuss the world about to shut off America's 'free lunch' card, otherwise known as the Exorbitant Privilege' of having the world's reserve currency. In the second half, Max interviews Alasdair Macleod of GoldMoney.com about the $640 million sell order of gold. They also discuss Alasdair's new theory on money supply (FMQ) and his differences with Professor Fekete, a recent guest on the Keiser Report, regarding whether or not there is deflation.

Audio file link: http://www.sendspace.com/file/xezl3u

You can watch the video online at: http://youtu.be/L12QKvZKEUE