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The passing fad called ‘fiat’ $$$ (E1572)

In this episode of the Keiser Report, Max and Stacy discuss the passing fad that was ‘fiat,’ as even derivatives-wielding banksters start buying precious metals. In the second half, Max interviews JP Baric of Aurum Capital Ventures about the latest on bitcoin mining and whether or not it is actually an ‘energy arbitrage business.’ They discuss the fact that the bitcoin protocol is the TCP/IP of money. As the internet disintermediated entire industries out of existence, so too will bitcoin disrupt the energy industry, as well as the time and influencer industries.

Keiser Report is a no holds barred look at the shocking scandals behind the global financial headlines. From the collusion between Wall Street and Capitol Hill to the latest banking crime wave, from bogus government economic statistics to rigged stock markets, nothing escapes the eye of Max Keiser, a former stockbroker, inventor of the virtual specialist technology and co-founder of the Hollywood Stock Exchange.