Forever wars & negative rates (E1468)
In this episode of the Keiser Report, Max and Stacy discuss the high cost of the ‘forever wars,’ as trillions are spent without taxpayers realizing because of changes in the naming of the wars. The longest war so far, for example, in Afghanistan and Pakistan, has had two names: Operation Enduring Freedom and Operation Freedom’s Sentinel, so voters don’t realize lives and treasure are being wasted in the same theatre. Max and Stacy compare this to the ever-shifting naming of the central bank programs to bail out banks. In the second half, Max continues his conversation with Alasdair Macleod of Goldmoney.com about 150 years of bank credit expansion nearing an end. They also discuss Alasdair’s predictions for 2020 on gold, the dollar, and the global settlements layer.
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