for a while now because all this talk about deflation by the central planners was trying to hide the fact that they were involved in this grand global switch a roo where they made the chinese economy very rich at the expense of the american economy and they kept making the chinese economy very rich by sending them chileans and trillions and trillions of dollars and claiming that there was deflation in america but now that china is rich there s no place to hide the money printing anymore really that was the grand money printing sinkhole of the past 20 years but there it s filled up right that china is filled up can t can t anymore free cash without causing inflation over there they don t want that so it s going to ricochet back so now we ve got the same money printing which you can t stop because the debt serve. this is astronomical so they can stop the money printing it only increased the money printing scenario to see real prices go up for stuff and there s no turning back b
america but now that china is rich there s no place to hide the money printing anymore really that was the grand money printing sinkhole of the past 20 years but there it s filled up right that china is filled up can t can t anymore free cash without causing inflation over there they don t want that so it s going to ricochet back so now we ve got the same money printing which you can t stop because the debt service is astronomical so they can t stop the money printing you can only increase the money printing sonera going to see real prices go up for stuff and there s no turning back because to turn it back would mean raising interest rates and that would mean an immediate 1971 like u.s. default on its sovereign debt as they did in 1901 and no one s going to do that so the inflation jamie is popping out of the bottle well i think part of the thing that you see is back 971 we did have huge. amount of inflation and the inflation and the increasing debt load forced the government
hi i m max tazz or this is the kaiser report so much going on let s check in with stacy right max you know how history rhymes might not necessarily repeat exactly but it certainly rhymes and we re seeing flash back to the seventy s these days so the most important question for me is should i get a feather haircut or a perm stay in a lot stay in a la the whole. you much to it because copyright is certainly much stronger since the seventy s but what do you feel about. my wife sudha i get them colored tiles i m a basement practice in the house all the a rabbit we re practicing the hustle go google that but i think i ll do the feather haircuts unless people in the audience out there if you say no she should get a permit said well then i ll you know perm but in the meantime i want to say you know inflation is back if you lived through the seventy s you remember the inflation you remember the long lines and you remember the disco well inflation is spreading broadly into the economy
about for a while now because all this talk about deflation by the central planners was trying to hide the fact that they were involved in this grand global switch a roo where they made the chinese economy very rich at the expense of the american economy and they kept making the chinese economy very rich by sending them chileans and trillions and trillions of dollars and claiming that there was deflation in america but now that china is rich there s no place to hide the money printing anymore really that was the grand money printing sinkhole of the past 20 years but there it s filled up right that china is filled up get can t any more free cash without causing inflation over there they don t want that so it s going to ricochet back so now. we ve got the same money printing but you can t stop because the debt service is astronomical so they can t stop the money printing you can only increase the money printing sonera going to see real prices go up for stuff and there s no turn
french lawmakers and doctors vent their frustration at the country s failure to develop an effective vaccine. and taxis could soon be taking to the skies over moscow as a russian startup tests its latest innovation. joins you next hour with fresh world news update right now it is time for the kaiser report stay with us. max tazz or this is the kaiser report so much going on let s check in with stacey right max you know how history rhymes might not necessarily repeat exactly but it certainly rhymes and we re seeing flash back to the seventy s these days so the most important question for me is should i get a feather haircut or a perm stay in alaska stay in a law. get saying you much of it because copyright is certainly much stronger since the seventy s but what do you feel about you know my wife sued they got them colored tiles of my basement and practice in the house all the. a rag were practicing the hustle go google that but i think i ll do the feather haircuts unless peopl