Keiser Report: Bitcoin Millionaires vs Paper Billionaires (E416)

Published on Mar 9, 2013
In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss both the Dow and bitcoin hitting an all time high as the Fed continues to print $85 billion per month for Wall Street handouts whilst the sequester cuts $85 billion from services to the poor, the elderly and soldiers. They also talk about house prices tripling to all time highs in Hong Kong (thanks to quantitative easing) whilst ‘surreal’ ghost cities are built in mainland China but which nobody can afford and about how incomes in America are collapsing – thanks to quantitative easing. In the second half of the show, Max Keiser talks to Charles Hugh Smith of OfTwoMinds.com about both socialism and capitalism leading to debtism.

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