Stop Doing It In Dollars

Staff Writer, DB Holmes

Finance / Banking
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Stop Doing It In Dollars, Keiser Report 624

In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the exorbitant privilege that is the dollar hegemony. It offers nothing on the upside, and only subjugation and humiliation on the downside. And despite having an empire of fictional money, the US appears to still have gone bankrupt on these fictional debts. But all that is to change as European companies, like Total, and officials, like the Bank of France governor, fight back, suggesting an end to US dollar transactions in international trade. In the second half, Max interviews Arjen Kamphuis about his new and free digital manual “The Infosecurity Handbook For Journalists” and about driving the cost of NSA spying from the current 0.08 cents per person per day to $10,000 per person per day – thus driving them out of business.

Source: Keiser Report

UK Housing Gains at the Expense of Hunger Pains

Staff Writer, DL Mullan

Economy / Banking 
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The Keiser Report Episode 566 discusses:

In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the new game called the Hunger Gains. In a financialzed zero-sum world, Housing Gains plus Hunger Pains equals The Hunger Gains. This game is sponsored by China, however, and if they withdraw their sponsorship by dumping their trillion in US Treasuries, a new game called working may have to happen. In the second half, Max interviews Alasdair MacLeod of Goldmoney.com about the redemption of emerging market currencies into the US dollar mirroring pre-WW1 bank runs, except on a global scale. With this ongoing global bank run happening, it is China that is buying up all the gold.