Billionaires re-gifting Some of the Fed’s free money (E1507)

In this episode of Keiser Report from Mexico City, Max and Stacy discuss the fact that the Fed’s ‘Cantillon Effect’ has allowed many tens of billionaires to shower the deplorables with seemingly generous donations. When looked at a little closer, they buying themselves a great deal of positive publicity with the deplorables’ own money . . . free money from the central banks. In the second half, Max interviews James Howard Kunstler, author of the new book, ‘Living in the Long Emergency’, a follow up to his 2005 smash-hit ‘The Long Emergency.’ They discuss ‘peak oil’ and cheap credit.