Youve got really low Interest Rates now for 10 years near 0 or in some cases negative and there are a few private equity folks that are taking all the stock off the board you know in remember a monopoly. The winner has all the real estate and everyone else becomes a right so this is the same thing nasdaq is just a proxy for monopoly and the players that are winning this are both the bank and park avenue and park place the 2 most valuable spots on the board game of monopoly so. Thats this is exactly what ive been saying for a few years now if you keep printing trillions and trillions of dollars and you dont allow it to go into wages you cut them off you you you you you vilify the working person and you just give it to private equity speculators youre going to end up with this enormous bifurcation in the economy of extraordinarily wealthy plutocrats and kleptocrats and serve to sort of class the. The losers the poor bulls i might add that is also a hedge funds hedge funds play a big part
Youve got really low Interest Rates now for 10 years near 0 or in some cases negative and there are a few private equity folks that are taking all the stock off the board you know in remember a monopoly. The winner has all the real estate and everyone else becomes a right so this is the same thing nasdaq is just a proxy for monopoly and the players that are winning this are both the bank and park avenue and park place the 2 most valuable spots on the board game of monopoly so. Thats this is exactly what ive been saying for a few years now if you keep printing trillions and trillions of dollars and you dont allow it to go into wages you cut them off you you you you you vilify the working person and you just give it to private equity speculators youre going to end up with this enormous bifurcation in the economy of extraordinarily wealthy plutocrats and kleptocrats. Surf the surf class the losers the poor bulls i might add that is also a hedge funds hedge funds play a big part in the rep
Humankind has come from and it makes sense that he would be from south africa here in america to rescue us from our primitive ways that will kill us if we dont evolve and marginal revolution points out some of the other you know technologies hes developing on why theyre so important to an individual and to a society how you can protect yourself Solar Panels Plus the tesla give you mobility even if saudi arabia goes up in smoke and world shipping lines are shut down i mean thats how our federal government says our National Governments and these giant militaries keep us in line they say well if you dont have us then saudi arabias oil might not get to you and theres going to be apocalypse and youre never going to be able to get to walmart to buy your goods well here theyre saying if you have solar power panels at your home and fresh water and things like that you can you can survive any of that stuff but i would talk about dig a little ization dollars asian right so this is. Clearly dick
Latest on all the stories you can head to dot com and stay with us for the cars were talking about russias gold reserves and negative Interest Rates in europe and if youre watching the u. K. More Financial News next. I am max guys or this is the kaiser report i learned a new word in spanish see ya do yes. Actually its already just made up actually its not even that its a word stacey made up. This well this is a good time to introduce me to Stacy Herbert because i invented this new word adios and well just seeing this tweet here would me q think its time its byebye for fiats this is from mario draggy that tweet is from the e. C. B. And they are quoting mario draggy who is outgoing head of the e. C. B. Negative rates will not provoke the collapse of the Financial System this is what mario draghi claimed as soon as you get official denial of course that is when to believe we are about to witness the collapse of the Financial System. From. Big countries accumulate big positions in gold tha
That over the past 300 years no fear money has survived theyve all gone to 0 the average lifespan being 27 years with the exception maybe the british pound but its lost 99. 5 percent of its purchasing power so to stay in fear is an admission of venezuela i want to lose all my money or yeah im the 1. 00 more republic its all going to go to 0 people are exiting fear out there fear i have you listening. They are saying and of course we are here and. We go at a bit coin conference and this is the solver an individual saying adios to their exiting because they see that these negative rates are destroying capital and we see that the negative rates are destroying economies in fact when the e. C. B. Cut rates further this past week actually the netherlands france and germany their central bankers were urging the e. C. B. Not to do this because there was a Strong Capital of course our president in the United States donald trump was encouraging the fed to catch up to the e. C. B. And other Centr