icon bookmark-bicon bookmarkicon cameraicon checkicon chevron downicon chevron lefticon chevron righticon chevron upicon closeicon v-compressicon downloadicon editicon v-expandicon fbicon fileicon filtericon flag ruicon full chevron downicon full chevron lefticon full chevron righticon full chevron upicon gpicon insicon mailicon moveicon-musicicon mutedicon nomutedicon okicon v-pauseicon v-playicon searchicon shareicon sign inicon sign upicon stepbackicon stepforicon swipe downicon tagicon tagsicon tgicon trashicon twicon vkicon yticon wticon fm

US must accumulate more & more debt in order to keep economy from collapsing – RT’s Keiser Report

US must accumulate more & more debt in order to keep economy from collapsing – RT’s Keiser Report
Max Keiser and Stacy Herbert discuss the fact that the US Federal Reserve is stuck in a rate-cutting box of its own making.

“We have gone through the looking glass when interest rates went negative,” Stacy explains. “When Alice went through the looking glass, the Red Queen explained to Alice that now here, on the other side of the looking glass, it takes all the running you can do to stay in the same place.”

The analogy is similar to what is now happening in the US, according to Max. There’s an ever increasing quantity of debt required to keep GDP in the same place. So the Fed must print, print, print to keep the economy from collapsing.

For more stories on economy & finance visit RT's business section

Podcasts