My conversation with Max Keiser on the Keiser Report—“Where Money Goes to Die”—aired on RT.
In the first half of the show, Max and Stacy with their tongue-in-cheek, spicy, pungent, and edgy manner tear into central banks and their Zero Interest Rate Policy (ZIRP) and particularly their current Negative Interest Rate Policy (NIRP), which he calls the “new discrimination, the new Apartheid,” that “is impoverishing this generation and obliterating savers, workers, and pensioners by design.” And that’s “what the Libor scandal is all about, what all interest rate scandals are all about, what the Bank of England … and all the central banks are all about,” using interest rates to take us to “neo-feudalism.”
And then their guns move a few degrees and fire another salvo, this time at the “financial terrorists in the news,” the HSBC money laundering investigation in the US. It’s peppered with harsh words for the top bankers in the US and the UK. And then back to the Libor scandal: “despite all this loooong track record of banking crimes,” Stacy says, the banks are “still self-regulating.”
What a ride! My part starts about 12 minutes and 40 seconds into the video.
Would you like to be notified via email when WOLF STREET publishes a new article? Sign up here.