Saturday, March 9, 2013

The Keiser Report No. 416, "Bitcoin Millionaires vs Paper Billionaires" -- 2013 Mar 09 SA

This time Max and Stacy discuss both the Dow and bitcoin hitting an all time high as the Fed continues to print $85 billion per month for Wall Street handouts whilst the sequester cuts $85 billion from services to the poor, the elderly and soldiers. They also talk about house prices tripling to all time highs in Hong Kong (thanks to quantitative easing) whilst 'surreal' ghost cities are built in mainland China but which nobody can afford and about how incomes in America are collapsing - thanks to quantitative easing. In the second half of the show, Max Keiser talks to Charles Hugh Smith of OfTwoMinds.com about both socialism and capitalism leading to debtism.

Audio file link: http://www.sendspace.com/file/s2mfdt

You can watch the video online at: http://youtu.be/_t39jCXXIrY

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