US stock prices hit permanently high plateau (E1470)
In this episode of the Keiser Report, Max and Stacy discuss Irving Fisher’s correct but early call in 1929 when he said that stock prices had hit a permanently high plateau. He just needed to wait decades for an all-fiat regime controlled by a banker-coddling central bank. They also discuss the $4 trillion from the NY Fed propping up the stock market, an allegedly ‘unintended consequence’ of bailing out repo markets. In the second half, Max interviews Ross Ashcroft of Renegade Inc. about the cantillon effect, taxing land values, turmoil in repo markets, and a global debt jubilee.
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