A market is supposed to represent something i supposed to represent supply and demand thats kind of what prices are all about and thats what the wealth of nations the book written by. Adam smith adam smith is all d about you know its the enlightened thinking apply to economics that the invisible hand that is better than having the king tell you what the prices are that you the people can figure out their own prices just let all the people interact and the net result will be a better price for everything for everyone right yes a. Boat that doesnt exist anymore you have the kings now the princes the wall street titans and the private equity guys who dictate prices and to make it look you know for cosmetic purposes once they dictate a price lets say more a buffet says i need the price apple to be at 350. 00 a share then algorithmically you can fill in the trades phantom trades and wash trades to go. The 350. 00 to make it look like theres a market there is no more market they dont need to
Max kaiser this is the kaiser report you know weve been saying for a long time that the markets dont really exist that theyve been replaced with. Its hard to i mean i want to go into what theyve been replaced with the lets just say that they dont exist anymore how about that and then well go throw to stacey and then shes going to have some color on the stacy womacks here on kaiser report for the past 10 years we have been saying the markets are rigged they are not fair they are creating a cantillon effect they are creating moral hazard they are bailing out the very top you know 0. 01 percent of the population from their bad bets in their bad you know investments and indeed many you know some would say oh thats a Conspiracy Theory but now the guy who runs the Largest Hedge Fund in the world ray deleo has joined this side of the equation the way we look and analyze the markets he agrees with us and here again hes the most successful current Hedge Fund Manager in the world bridgewaters da
Investments and indeed many is you know some would say oh thats a Conspiracy Theory but now the guy who runs the Largest Hedge Fund in the world ray deleo has joined this side of the equation the way we look and analyze the markets he agrees with us and here again hes the most successful current Hedge Fund Manager in the world bridgewaters dahlias says Capital Markets are no longer free Central Bank Balance sheets will explode dahlia said that investors should favor stocks and gold over bonds and cash because the latter offer a negative rates of return and Central Banks will print more money see hes watched the show he knows about plucky he knows about what plucky does the Balance Sheet are so it raises saying there you know what weve been saying right so in a market there is a price in a market is supposed to represent something i supposed to represent supply and demand thats kind of what prices are all about and thats what the wealth of nations the book written by. Adam smith adam sm
A minute i know but if he did to have a minute i am on his back better but he has provided few tunes yemen is and im going to him what all of enough said look at gentlemen but im not going to and what im not of the same year or so to have seen mr is any kind of an effort has been what a lot of well i mean when ive been in the set i knew spin would give me more she didnt inform. Me that if you did if you were 50 then would you when you must know woman if she laughed and if in front for you if you could you get with i figure when it should not start as you see it as you would you back. Despite having much in common their political differences drove the 2 leaders further apart as it had been given was he who was here i was i met. But as a moment fairlane do when c. S. C. That has been part of the study a good eat well let me because of. The good and bad. From a network you bend the means you have 10 years and it comes to him seeing what develops a than it is. To do a lot of. Is to my abil
A new tactic being used by protesters its a peaceful means of getting a message across at the same time the targeting chinese own companies. But the peace didnt last long police moved in after protesters badla stores and a metro station the crowd was chased out of the mall the station closed despite the chaos caused few demonstrators took pot compared to the previous 16 weeks of sunday protests. Hong kongs chief executive carrie lamb is due to host the 1st in a series of Public Meetings which she hopes will end the crisis that protesters say why back down until the demands for greater freedom and less a control from beijing it. Circa aljazeera hong kong. All right still ahead so on the program. At least 3 people were injured during a protest in nicaragua which was banned by the authorities. The u. K. s Main Opposition Party continues to tear itself apart and if its position on price it. Had other nights as new drawing in days getting shorter so you expect the weather to change as often