The Fed is the Statue of Liberty for Wall Street (E1550)
Max and Stacy look at Dr. Michael Hudson’s comments about the Fed acting like the Statue of Liberty for wealthy people who have made bad bets that they would like to have the central bank take off their hands. They also look at the trickle-down looting which started from the policymakers working with the elite to transfer industrial stock to China 20 years ago. Max talks to Caitlin Long who is seeking a banking license for Avanti in the great state of Wyoming.
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