Episode 448

In this episode of the Keiser Report, Max Keiser and Stacy Herbert look at the narcissists’ rally as we drown in central banking – their currency wars and their quantitative easing without wealth creation. In the second half, Max talks to ‘Currency Wars’ author Jim Rickards about why we don’t need to worry about a recession: Because we’re in a depression! They also discuss US Federal Reserve Chair Ben Bernanke’s plan to not Beggar Thy Neighbor, but Enrich They Neighbor by jumping out of the printing plane together with simultaneous devaluations. And, in terms of gold, Keiser and Rickards suggest maybe it's the Chinese manipulating the price of gold… not the Fed!