Holocaust while one in 10 even thought it was the jews not the nazis who carried out the millions of killing. Kevin owen will be here in an hour with a rundown of but 1st its the kaiser of. I am max kaiser this is the kaiser report yeah everybodys gaslighting everybody corporations are gaslighting here Central Banks are gaslighting you if you understand what gaslighting is you know that its not pleasant its rude its downright rude. Yeah you know how everybody gets triggered at the slightest slight at the slightest bad word on twitter people get triggered and you must be platform to kick it out of your job like this this notion of hiding bad things like the the Business Cycle goes up and then it goes down we dont like down anymore so weve tried to banish it and make it disappear the same thing with much of our all the chemicals and efficiency you know all the corn we produce based on efficiency and by removing all the protein from it theres all these costs that add up in the end but we
Fictitious capital and that you know this is kind of the future that marx would see is that everything is so light removed from Industrial Production or any sort of production or labor that we get to a point a fictitious cow paul and then in that sort of space theres like no limit up really because thats just limited by our imagination right its goes back to neal feudalism in a certain Medieval Church driven notion of how many angels can you dance on the head of a pin right so this bit like Goldman Sachs or j. P. Morgan theyre like how many derivatives can we get to back to you know it can we derive from this nonexistent collateral right thats the same kind of mentality and the leads to a god complex obviously the people the church back in the Medieval Times felt that they were close to got that proved to be not so correct and also the bankers on wall street they believe theyre very close to god as blankfein said hes doing gods work. And that will be equally fallacious well its certain
Feudalism in a certain Medieval Church driven notion of how many angels can you dance on the head of a pin writes of this bit like Goldman Sachs or j. P. Morgan theyre like how many derivatives can we get to back to you know its them can we derive from this nonexistent collateral right thats the same kind of mentality and the leads to a god complex obviously the people the church back in the Medieval Times felt that they were close to god that proved to be not so correct and also the bankers on wall street they believe theyre very close to god as blankfein said hes doing gods work and that will be equally fallacious well it certainly fictitious capital and here is another tweet along that line is well the strongest Gravitational Force reversion to the mean also bring down the stock market the u. S. Market cap has totally decoupled from the real economy and you can definitely see in that 1st car in particular that the real economy it continues to grow like at the rate of gold supplies g
Am max kaiser this is the kaiser report yeah everybodys gaslighting everybody corporations are gaslighting here Central Banks are gaslighting you hear understand what gaslighting is you know that its not pleasant its rude its downright rude. Yeah you know how everybody gets triggered at the slightest slight at the slightest bad word on twitter people get triggered and you must be platform to kick it out of your job like this this notion of hiding bad things like the the Business Cycle goes up and then it goes down we dont like down anymore so weve tried to banish it and make it disappear the same thing with much of our all the chemicals and efficiency you know all the corn we produce based on efficiency and by removing all the protein from it theres all these costs that add up in the end but we just pretend not to look at it we just look at the Positive Side right dont be such a negative downer look at all the corn we have because of our efficiency gains were so efficient where the bes
Trying to hide the costs of all of what we produce cry all these bad Business Cycles that naturally happen we go down we decline people become inefficient and this creates efficiency and capitalism but we dont want this to happen anymore because we dont want the feds friends to suffer so weve had this situation where the fed keeps on building up its Balance Sheet but also trying to encourage participants in the economy to imbibe and ingest and eat essentially all that bad debt so here is proof of this in terms of the junk bond market what the fed did by basically false advertising what they were doing the fed bought no bond e. T. F. None 0 zilch in august e. T. F. Holdings actually fell pot almost no Corporate Bonds the fed started buying Corporate Bond e. T. F. For the 1st time ever in may and Corporate Bonds for the 1st time ever in june these programs have been ballyhooed with enormous fan fare in the meat. That the fed would look up a special purpose vehicles with 750000000000. 00