Keiser Report: Bubble economy sins (Episode 977)

Economy | Information | History | Online | Facts | World | Global | Money

1. Everyone's freaking out. Just wipe the entire global debt slate clean and start fresh and imprison (for quality introspection time) the corrupt fucks that co-conspired on this latest of capitalism's bubble fiasco...all the sleazy cunts and whores in government, wallstreet , IMF /World Bank fucks, investment banks and hedge funds and especially the cunt investors who upon up front disclosure on the use of their monies new what the fuck was happening from the get go. These are the fucking cunts that don't give a shit about the working classes and the family. NEXT !!
2. What's a poo poo cushion?
3. I swear to goodness these fellas sound like they have been listening to a bunch of younguns!
4. Is he related to Alex Jones?
5. ice 9
6. india just did it
7. funny people are talking about not-funny things
8. max should stick to economics, he just makes a fool of himself when he tries to talk about the legal system in the USA. when you sound that stupid it calls your economic analyses into question
9. is this a webcam, low-rez, low-bandwidth from a cell phone?
10. Recovering sovereignty is important ... wake up Max
11. It's about time you have a good guest on thank you.
12. Hey. Another transferable skill for Trump: he is used to restructuring debt on his failing casinos. Maybe he could deal with restructuring the casino central bankers? (note the hint of sarcasm)
13. max is killing me lol
14. I love my multiple bricks of silver
15. 7:57 lmao!
16. Oh, a sleeping drunkard
    Up in Central Park,
    And a lion-hunter
    In the jungle dark,
    And a Chinese dentist,
    And a British queen—
    All fit together
    In the same machine.
    Nice, nice, very nice;
    Nice, nice, very nice;
    Nice, nice, very nice—
    So many different people
    In the same device.
17. Wrong Max; we make poo-poo cushions, Marmite and weapons
18. Another great episode from Stacy & Max. Thanks for the truth again. Keep up the good work comrades from ere' in tea drinking and marmite eating U.K.
19. The problem is described as free money. That is people borrowing other peoples' work in exchange for debt. "I let you build me this luxury yacht and I promise to pay you back later". Where will I get the money from? Government contracts and central bank money. If you can control who gets the money, by which laws (influence politicians via contributions) and through which spending program you are set to repay the debt. Or you can have made the money yourself and use your political influence to create spending programs for your own businesses.
    
    Like a veritable Don Corleone collecting favors and making offers no one can refuse.
    
    What would bitcoin solve other than creating yet another currency among the other thousands, such as stamps, art, debt (states, supra state central banks, IMF and the galactic bank.)
    
    What in reality is exchanged are work and favors. You can build house of a decent quality and I can program the surveillance system. I value your work X against my work Y. The larger the difference the more I have to do to pay back your work effort. Just like in a Mennonite or Amish community of old. Money is just a measurement of this difference. But some have tricked the system and makes money of money. If you can print money, you do not "have to work another day in your life. The gods told me to relax, you gonna get fixed all..."
    
    All you have to do is convince those with skills to do stuff for you. When they come to collect, instead of repaying with services you pay them with newly printed money. That money can be in the form of an overly priced building complex which you sold to your other money printing friend for even more diluted/inflationary money. The same house you yesterday got 100 million for, now you get 120 million. 20 million from space or the imaginary dimension - i. No wonder mathematicians are sought after on Wall Street. Extract money from the extra dimensions. Enron invented their own prices for assets they imagined they controlled and tried to hide liabilities in companies they imagined they did not control.
    
    If the money system is shut down all you have to do is print out your latest bank statement. Do you have a net positive or negative position? Those with negative positions have some work to do and those with positive positions can just sit down and collect. They will eventually get bored to death and start working again.
    
    In a worst case scenario they get so bored they record a copulation tape with their partner with an IR camera. Because low light cameras are so 2000.
    
    Bitcoins are just an expensive way of transacting. All that computing power wasted in heat instead of working on cancer treatments via cloud computing.
    
    Is there a conclusion to this?
    
    The conclusion would be
    
    You have no clue!