The $50 trillion elephant (E1598)
In this episode of the Keiser Report, Max and Stacy look at the report out of RAND Corporation showing the $50 trillion elephant in the inequality room. After more than forty years of the Cantillon Effect, the top 1% have ‘taken’ $50 trillion from the bottom 99% in wealth gains. In the second half, Max continues his interview with Michael Saylor of MicroStrategy about his big bet on bitcoin as the S&P500 company converts $420 million of their treasury to bitcoin.
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