Episode 612

In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss chumming in financial markets being the rigging of prices and indexes, like Libor, forex and gold, which convinces people it is safe enough to get back into the markets. The fraud is now so huge, Max says, that the ECB needs a bigger boat. In the second half, Max interviews David Graeber, author of “Debt: The First 5000 Years,” about the scariest monsters being those that you turn into – like zombies or vampires – and that is what the modern economy has become as we are all forced to think and act like bankers. David Graeber suggests that banking sector jobs are the Sovietization of capitalism.