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
Hello, hello everybody. Thank you. Thank you so very much for that introduction and for your leadership and all you do for the community here in phoenix. Thank you. Good to see everybody and good to be in the house of labor. Earlier today joe and i had a chance to visit the American Indian Veterans National memorial and takes you to the native americans who served our country in uniformve. We we were joined by the great cindy mccain a longtime friend and someone i greatly admire. I was fortunate to serve with john mccain in the United States senate and what an incredible, incredible american pray he was a patriot of the highest order. Cindy is supporting our campai campaign. Isnt that great . [applause] she is doing it because she knows that joe and i will always do what she and john did and that is put our country first. So we thank cindy and are so excited to be here in arizona today and later today we will stopll and talk with workers and Small Business owners who are working so har
Where is vanessa . Thank you vanessa. Thank you for that introduction and for your leadership and all that you do here in the community in phoenix. It is good to be in the house of labor. Earlier today, joe and i had a chance to visit a memorial. And pay tribute to the native americans who served our country and uniform. We were joined by someone i greatly admire. I was fortunate to serve with john mccain and what an incredible american. He was a patriot of the highest order. Cindy is supporting our campaign. Isnt that great . Shes doing it because she knows that joe and i will always do what she and john did. That is put our country first. We think cindy. We are so excited to be here in arizona today. Later, we will talk with workers and Small Business owners who are working so hard and doing everything right, but they are still struggling to get by. They are who i was thinking about last night at the debate. This election, more than any other in our lifetime, will affect every part o