Tag Archives: Keiser

Why should Americans go back to work when they can get free government money? – Max Keiser

The continuing printing of money by the US Federal Reserve and government handouts of free cash are now causing a severe worker shortage in the United States, says Max Keiser of RT’s Keiser Report.

According to him, the US government transfer payments are now equivalent to more than $ 16 an hour, double the minimum wage.

Max asks David Morgan of TheMorganReport.com why anyone should go back to work if they continue to get this free money.

Morgan says there’s a direct correlation between the debasement of the currency and the debasement of the moral structure of society.

“Who would want to work for eight dollars an hour when you’re getting paid sixteen dollars [an hour] not to work?”, he asks.

“It has to do with the morality of the money supply itself – Is the money legit or isn’t it? And I’m going to suck off of whomever is printing this stuff until it fails.”

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Author: RT
This post originally appeared on RT Business News

‘America has a very nasty oligarch problem’ – RT’s Keiser Report

Max Keiser and Stacy Herbert talk about the Covid pandemic and all other problems crippling the US economy. There’s currently “one crisis on top of another, multiple crises all stacked up,” Max points out.

“The problem with the billionaires is that they got to be billionaires by hollowing out the economy, by destroying the infrastructure, by stealing from pension accounts, from destroying the moral fabric of the country,” he says.

“People like Warren Buffett, or Jeff Bezos, or Bill Gates, etc., achieved their wealth at the expense of the common good. They literally threw the country under the bus, and now we’re dealing with the consequences,” Max explains, adding that “America has a very nasty oligarch problem, and we need a leader that could deal with the oligarchs.”

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Author: RT
This post originally appeared on RT Business News

With central bank-issued digital currencies we are on the road to civilization collapse – RT’s Keiser Report

Max Keiser interviews Aleks Svetski, the founder and CEO of crypto investment platform Amber, about central bank digital currencies and fiat communism.

“We’ve seen the ramifications of large-scale tech companies having the ability to sensor speech,” particularly via social media, says Svetski. “Imagine an organization having capacity to sensor your human action. There’s no more fundamental form of human speech than human action, which is the things you do.”

He explains: “With the central bank digital currency, the issuer will have the capacity to decide when you should spend, how you should spend, for what reason you should spend, and how much you should spend on what. It’s ridiculous! … Do people not see the trap that they’re sort of walking into? That is a categorical reversal of civilization, it is not a progression of civilization.”

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Author: RT
This post originally appeared on RT Business News

US chipmakers begging for government bailout after manufacturing moved to Asia – Max Keiser

RT’s Keiser Report hosts Max Keiser and Stacy Herbert look at how the export of the American manufacturing base by technology companies such as Intel has created a semiconductor chip shortage in the United States.

Stacy quotes an article on Wolfstreet.com that points out that “US semiconductor manufacturing has declined to where it is only 12% of the world’s total.”

In the same article, Intel CEO Pat Gelsinger calls the current supply a problem, “Because relying on one region, especially one as unpredictable as Asia,” where 75% of the chips are now made, “is highly risky.”

READ MORE: Volkswagen expects global chip shortage to further hit output with no chance to recoup existing losses – reports

Stacy points out that, after spending billions of dollars on share buybacks instead of investing in chip manufacturing, Intel is asking the US government for a $ 50 billion bailout and blaming Asia for creating the problem.

According to Max, in order to get their hands on more taxpayer money, companies such as Intel are resorting to xenophobic attacks on China and other Asian nations.

“There’s no end to it. The lies, the deception, the racism, the xenophobia, the class war will never end as long as there’s free money available,” said Keiser.

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Author: RT
This post originally appeared on RT Business News

US inflation numbers are understated, could be up to 20% – RT’s Keiser Report

Soaring commodity and house prices are further proof that inflation is here to stay and it is much higher than the Federal Reserve wants Americans to believe, according to Max Keiser and Stacy Herbert.

Aside from the Fed’s money-printing, other reasons for spiking prices include de-globalization and growing tensions between the US and China, Max Keiser said in the latest episode of the Keiser Report.

“Because there’s some antagonism and because incomes in China have now matched those of the US, that ability to hide the money printing through the labor sink of China is gone. So now you have prices going up for real for stuff like lumber,” he said. “The Fed says it’s transitory… it’s categorically a lie.”

The central bank earlier said that it will continue its easy money policy, despite it acknowledging that inflation is on the rise. In March, the Consumer Price Index (CPI) jumped 2.6%, but government officials believe that the spike is short-lived.

“The inflation numbers are understated not for the reasons we’ve talked about – like the absence of including things like healthcare, and education, and housing in the official CPI numbers,” Keiser noted, adding that the real figures could be at 7-9%.

Another factor missing in those figures is shrinkflation, according to the host, meaning you buy items for the same price, but get less in the package.

“So if you add that together… now you’re talking 20% inflation,” Keiser said.

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Author: RT
This post originally appeared on RT Business News

Bitcoin & gold are quite complimentary, investment guru tells RT’s Keiser Report

Max Keiser continues his interview with James Turk of GoldMoney.com about bitcoin and gold to find out which asset could be considered as a hedge and why.

“Bitcoin is the currency of the future because it has proven to be an escape currency, it’s a way of getting your purchasing power into something that’s relatively safe,” says Turk.

He points out that “Bitcoin and gold are in fact complimentary to one another because the weaknesses of gold are the strength of bitcoin,” and vice versa.

“What I mean is that you can hold gold in your hand but you can’t do that with the bitcoin” but gold can be confiscated while the cryptocurrency cannot. “So, the two are really complimentary to one another, and if you feel that you need to own gold in your portfolio (and everybody should as a hedge), you might consider a cryptocurrency, like bitcoin, in your portfolio as well,” the expert says.

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Author: RT
This post originally appeared on RT Business News

Gap between rich & poor growing ‘spectacularly’ as central banks continue to print – Max Keiser

Keiser Report hosts Max and Stacy look at how companies are starting to protect their balance sheets from the melting ice cube of excessive money printing.

As central banks continue to print, “asset holders are becoming fabulously rich, so the split between rich and poor is growing spectacularly,” says Max.

According to him, it’s abundantly obvious now that this money printing causes poverty, increases wealth and income gaps as well as unemployment, and the social misery that comes with it. “So, here’s Joe Biden, Clinton, neo-liberalism, ravaging trillions from the middle class, creating huge number of the newly poor,” Max says.

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Author: RT
This post originally appeared on RT Business News

RT’s Keiser Report explores why gold & bitcoin fans are always fighting against each other

Author: RT
This post originally appeared on RT Business News

Max Keiser continues his interview with Craig ‘Don Quixote’ Hemke of TFMetalsReport.com about the conflict between bitcoin investors and gold investors.

“I find it extraordinarily frustrating,” says Hemke. “We are on the same team – bitcoin fans and gold fans. Why are we fighting against each other? And why is the bitcoin marketing campaign always ‘Dump gold and buy bitcoin’? Well, dump dollars for God’s Sake, dump stocks, dump Tesla. Why does it always have to be anti-gold, I don’t get that.”

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Bullion banks hold mining companies hostage by manipulating metal prices – RT’s Keiser Report

Author: RT
This post originally appeared on RT Business News

Max Keiser interviews Craig Hemke of TFMetalsReport.com about the prices of gold and silver being unable to signal anything, thanks to interventions in price discovery.

They agree that the silver mining industry is “in the pockets” of the regulators and the Federal Reserve, “and they do what they want them to do.”

The bullion banks hold the mining companies hostage because miners need cash flow for production, says Hemke. He explains that the miners sell their product to the banks which give them cash, and then the banks take the product and keep it for themselves. The firms “routinely withhold production because they know the price has been ridiculously manipulated lower.”

The expert suggests that if people want to diversify out of dollars, they could buy some physical metal. “That makes sense… And if we could all kind of make a practice of doing it, kind of roughly at the same time… then we could really make an impact on how this system is structured,” he says.

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Keiser Report looks at 'overabundance of parasitic elites' & the problems they cause for society

Author RT
This post originally appeared on RT Business News

Overproduction of parasitic elites has been identified by historian Peter Turchin “as a key element in social disorder that brings down governments and states,” Charles Hugh Smith of OfTwoMinds.com tells RT’s Keiser Report.

When these people get a degree at a fancy college they are “set,” even if they weren’t bright students, they get “a great slot in the upper echelons of American society and economy,” Smith says.

However, he explains that now there are “so many people with advanced degrees from top universities that there’s an oversupply of people with diplomas and credentials and there’s not enough slots for all of them in the top 5%.” 

“So, then these people who were promised an easy prosperous life with great security now they are finding that they are adjuncts at some third-rate college, earning like $ 25 thousand a year, and there’s no top government slot for them. So, they are becoming dissatisfied, and because their expectations are so high, they will make political noise,” he says.

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