2020 meeting of the Police Commission. I think its probably fair to say that we all have our minds a little bit elsewhere tonight given everything thats going on in the world, and this being probably the consequential election of our lifetime. Were glad to be here with you all and we will all take the pledge of allegiance tonight with maybe a little more awareness of whats going on in the world. I will ask everyone to place their hands over their heart so we can say the pledge. [pledge of allegiance]. Thank you, and as always, if i could ask for the commissioners to mute their microphones. If you would like to be heard, just put your name in the chat box. Members of the public who are dialing in, i would ask you to please mute any background noise so that we can hear you and there is no feedback. The dial in number is [indiscernible] 0001, access code 146424 [indiscernible]. You will have two minutes for Public Comment. Please call the roll. [roll call]. You have quorum. [indiscernibl
And answer portion, in the interest of video and audio reporting, if you could just come to our microphone by the white pillar so we can hear your questions and engage in a nice discussion, and lastly, once everything is done if you could please fold up your chairs and place them against something solid. Our staff, as in me, would greatly appreciate that. Tonight im pleased to introduce jared cohen, to politics and prose the founder and ceo of jigsaw alphabet inc. As well as an adjuncrt senior fellow at the council on foreign relations. He is the New York Times best selling author with eric schmidt of the new digital age and has written the children of jihad. One of the great lessons of american politics that ive learned is the tale of two brothers. One went off to sea and one became Vice President. Neither was heard from ever again. However in rare cases, the Vice President is not relegated to obscurity. Namely when the president the previous president dies. And his newest, best New Y
Was a complex set of new set of rules to counter with partial lockdowns in the north of england but there is growing public over the governments handling of the christ. Our exclusive with the armenian president will air in full here on our Team International in the coming hours for more details on the interview the conflict and what is happening in your part of the world you can. I am max kaiser this is the kaiser report im here with guillermo who is a bit of one of those for many years since we visited mexico city hello vo nice to see you again carol want to let you know that there is a Telegram Group max and stacy Telegram Group and youre invited to join just go to t a forward slip orange pill and youre in thats all that is by saying that correctly now suzanne youre well as for a task i guess i got it right stacy what are you up to. I have to say when you say that you know the report the Telegram Group we get inundated with people especially from cuba and venezuela lots of audience m
People an Interest Rate to incentivize them to save. And the reason to do that is that if there is a downturn like a covert then theres plenty of state stuff theres plenty of capital in your capital system to smooth it out but if you debase the currency and you Interest Rates are 0 and theres no incentive to say therefore theres no capital then you dont have to apples them anymore you have a tough talker see run by Central Banks and the worse it gets the more they pay themselves and of course low Interest Rates re the crisis worse because low Interest Rates drained the economy by all capital and without it you will at the 1st. Encounter with a pandemic like cove it you all have an existential threat and maybe or maybe not the us survives its up its an open question whether or not the Monetary System survives is what is being called into question and here they are doing the equivalent of oops my bad even though the report has been warning about this for years they could have listened to
Graham boston fed president aircrews a read said years of low Interest Rates that encourage risk taking are making the current economic downturn worse he specifically cited low rates persisting for an extended period even after the economy had made progress in the recovery that can create problems well this is obvious you know as ive been saying you cant have capitalism without capital you cant have capital without giving people an Interest Rate to incentivize them to save. And the reason to do that is that if there is a downturn like a covert then theres plenty of state stuff theres plenty of capital in your capitalist system to smooth it out but if you debase the currency and you Interest Rates are 0 and theres no incentive to say therefore theres no capital then you dont have to apples them anymore you have a club talk or see run by Central Banks and the worse it gets the more they pay themselves and of course lower Interest Rates re the crisis worse because low Interest Rates drain