Dethroning the dollar (E1495)
In this episode of Keiser Report, Max and Stacy look at the Economist magazine’s feature on dethroning the US dollar, with the increasing weaponization of the reserve currency turning nations around the world away from holding the potentially dangerous (to their wealth) weapon. They also look at the domestic weaponization of debt, noting that young people would have no future as indentured servants to $1.6 trillion in unpayable debts. In the second half, Max continues his chat with Mark Yusko of Morgan Creek Capital. Max and Mark deconstruct the objections to bitcoin and then move onto Tesla, where the two differ on the outlook for the electric car company.
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