A flight to moscow prompting western media speculation of kremlin foul play even as moscow offers to send him abroad for treatment. Those are your headlines here are to international ill be back again in about an hours time right now though it is the kinds of reporters to. Hi this is max kaiser this is kaiser report summer solution home i guess me just sort of all out there in this series now today recovering the deed dollars a should big global ization what comes next with investment manager Lawrence Parr lawrence welcome welcome thanks some actually station for having me appreciate it so far as i guess you know obviously we ended july hitting new all time highs and gold silver is also on a tear its quite a ways from its all time high however and what i want to ask is really how much this economist cover free money when Government Spending knows no limits is is the free money it was never free and we can see that in gold prices free money is so good to keep the system rolling obviousl
His big issue with. Whats going on right now. To interfere in the. Story. We will be back with a full world news. International it is but if youre watching in the u. K. Or. Hi this is max kaiser this is kaiser report summer solution home i guess me just sort of all out there in this series now today recovering the d. Dollar is a should big global ization what comes next with investment manager Lawrence Parr lawrence welcome welcome thanks some actually station for having me appreciate it so far as i guess you know obviously we ended july hitting new all time highs and gold silver is also on a tear its quite a ways from its all time high however and what i want to ask is really how much this economist cover free money when Government Spending knows no limits is is the free money it was never free and we can see that in gold prices free money is so good to keep the system rolling obviously thats why they put it in place. Of course is whats the underlying value of the money. You know that
True to the extent that people need dollars but it eventually what happens when theres an alternative to the dollar and it becomes clear that the issuing authority is not trustworthy and has as really been running a large ponzi scheme which is whats been happening and the models are here to call call the law i own the fundamental value of the dollar and its you know its tragic and its its potentially rather scary and has some bad implications im quite an optimist so i actually think that the system is broken needs to be fixed and that theres a good other side to it once we get through once we get through it will no doubt be a difficult period you know you mention 1971 when we went off the Gold Standard Richard Nixon closed the gold window after france asked for 300000000. 00 worth of their gold back in the the trade deficit going on and then soon after that the United Kingdom asked for their gold which has also happened to be about 300000000 dollars worth and Richard Nixon and said clo
This tweet a man jumps with a portable nuclear bomb called n s a d m and the 1960 s. This is the green beret with the special atomic demolition munition between his legs exactly the closing scene of dr Strangelove Pickens riding in atomic bomb down to create. Do you. Remember that and then this kind of symphony of a Mushroom Clouds and with the closing credits over some bright music so the special atomic demolition remission that was attached to the green berets back. The notion was basically they would land in the territory they would be airdropped into Enemy Territory and then plant the bomb and blow it off some of these guys who are trained to do this that it was a Suicide Mission because you wouldnt make it out alive so that is also what were seeing from the federal open Market Committee from the e. C. B. From the bank of japan bank of japan by the way is leading the way on this whole sort of kamikaze technique their way ahead of everybody on quantitative easing and expanding their
Parr lawrence welcome welcome thanks so much of stacy for having me appreciate it so lawrence i guess you know obviously we ended july hitting new all time highs in gold silver is also on a tear its quite a ways from its all time high however and what i want to ask is really how much this economist cover free money when Government Spending knows no limits is is the free money it was never free and we can see that in gold prices free money is good to keep the system rolling obviously thats why they put it in place. Of course is whats the underlying value of the money. You know that money is in the process of dying and i think thats what were all observing very notably its reflected in gold and silver prices right you know you say they can print all the money they want but it doesnt mean that it has value and we havent lived in war all the fia money since 1971 where the value is always based on a relative valuation to other fee out money right this spend this crazy kind of strapped bar s