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9 May, 2019 08:00

#DropGold: Peter Schiff responds (E1381)

In this episode of the Keiser Report, Max and Stacy discuss the end of recessions as central bankers vow to use whatever monetary weapon they can invent to fight for the right of all companies to exist forever, no matter how bad their business plan is. Also, the Netherlands discovers the Cantillon Effect and finds evidence for it: low interest rates and easy money increase the wealth and income gap. In the second half, Max interviews Peter Schiff about the #DropGold campaign started by Barry Silbert as a way of marketing his cryptocurrency business. Max also asks Peter what he got wrong about the aftermath of the financial crisis when he predicted an economy and markets that would be nowhere near the all-time high at which they are today.

Check Keiser Report website for more: http://www.maxkeiser.com/

Podcast: https://soundcloud.com/rttv/sets/keiser-report-1