Time max kaiser this is the kaiser report well you know things are turbulence and weve got a lot to cover so stay see whats happening yes max weve been talking about this preparing you for years for this this financial pandemic its not too much of a shock we are seeing very 929. 00 or 987. 00 sort of like plunges in the stock market and of course those rallies that followed 929 in fact here is the headline from dow jones market watch this plunge looks a lot like the ones that rocked stocks in 1929987200 extension 8 if it keeps tracking a lookout well this is an interesting that theyre making the 929 comparison because it reminds me back in 2008 speech made by ben bernanke who was then running the Federal Reserve he was a successor to Alan Greenspan and he was doing this great lecture about how they cure the crisis of 2008 because they have something that they didnt have back in 1929 they have the Printing Press and this began a continuation of what Alan Greenspan did in the 1987 crash
Start buying more of gold i think they would love to buy more gold now but theres very little to quit or be out there is going to be difficult to buy gold the question is now that the music stopped whos got the gold and of the last 510 years we know 2 big players have been accumulating hundreds and hundreds of tons of gold and that would be china and russia and when the gold held by some European Countries and the i. M. F. Theyve got equal gold to what the u. S. Has so now weve got gold parity and weve got the ability now to rework the world currency order a new Bretton Woods they are going to go back to gold as they always do i dont think the us has a particularly strong hand this time but well see again looking at 1929 s. And p. 501029 analog update it is tracking it looks a lot like 1929 and of course after 929 we had years and years of just tedious side wait ness and long to pry. I do want to point out that you and i have also been talking about the intergenerational warfare the bo
Because it reminds me back in 2008 speech made by ben bernanke who was then running the Federal Reserve he was a successor to Alan Greenspan and he was doing this great lecture about how they cure the crisis of 2008 because they have something that they didnt have back in 1929 they have the Printing Press and this began a continuation of what Alan Greenspan did in the 1987 crash was to print their way out of all problems and the idea was that oh we can stop printing at any time and this is all been proven to be false you cant taper a ponzi scheme furthermore they claim to be fighting deflation by all this printing and yet what they created was deflation and deflation in the sense that what were seeing now markets are collapsing and the dollar is rallying thats a hallmark of deflation why was it why is it what why did this happen because of money printing because the money printing gave a lot of cash to the worst actors. In the economy the zombie banks pushed out all productive economy
Because it reminds me back in 2008 speech made by ben bernanke who was then running the Federal Reserve he was a successor to Alan Greenspan and he was doing this great lecture about how they cure the crisis of 2008 because they have something that they didnt have back in 1929 they have the Printing Press and this began a continuation of what Alan Greenspan did in the 1987 crash was to print their way out of all problems and the idea was that oh we can stop printing at any time and this is all been proven to be false you cant taper a ponzi scheme furthermore they claim to be fighting deflation by all this printing and yet what they created was deflation and deflation in the sense that what were seeing now markets are collapsing and the dollar is rallying thats a hallmark of deflation why was it why is it what why did this happen because of money printing because the money printing gave a lot of cash to the worst actors. In the economy banks pushed out of all productive economy and we e
A hallmark of deflation why was it why is it what why did this happen because of money printing because the money printing gave a lot of cash to the worst actors in the economy the zombie banks pushed out all productive economy and we end up now with an official postmortem to what started in 20082008 was the Global Financial crisis this is part 2 and this is the death you and i were reporting 2007200820 extension 09 through the entirety of the financial crash we started at Something Like 5 and a half percent Interest Rates at the fed so they were able to cut rapidly once bear stearns collapse in march of 2008 remember they did a 75 basis point emergency on the sunday night also Central Banks were coordinating and working together we were not yet in the process of rapid declination this time we are in a process have his ation so though. Gold is very volatile i think youre going to see more Central Banks start to try to accumulate whatever is available for this post crash whatever is goi