Chart of the year (E1593)

In this episode of the Keiser Report, Max and Stacy discuss 'the chart of the year' showing income soaring in the United States as government transfers boost household balance sheets. Hedge fund manager, Stan Druckenmiller, sees this as modern monetary theory and argues that it will cause inflation to run hot at between five and 10 percent in the next few years. In the second half, Max interviews Michael Pento of PentoPort.com about his assessment of markets as we head into the end of the year. They look at Warren Buffett's move into gold and what the prospects are for inflation… or deflation.

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.