Governments are based on genocide and war. New Guinea per capital is one of the wealthiest nations, yet the IMF dominates. Brian Leonard Golightly Marshall has been curing AIDS and Cancer, Malaria, Swine Flu for over a year. It was on ABC TELEVISION NEW GUINEA AIDS YouTube yet Australia, the world, does not want to NO? 4647773 Google it. Forex is a rippling pond, money up and down 24 hrs a day, why? a storm in the Gulf and oil prices rocket up, its all media hype. wake up
I went to the same school as Keen. Sad then to see he really ain't that smart and does not at all understand economics, let alone the science of Physical Economy, monetarism and credit creation without private central banks. Go visit Lyndon Larouche and his Triple Curve Steve Keen before you show your ignorance.
Just because the Australian debt bubble is still growing it doesnt mean that it will grow indefinately. With the boom comes the bust, thus far the boom is continuing but it will end and the higher prices rise then the harder they will fall. His prediction was over a ten year time frame and im quite sure he will ultimately be correct.
This is BULLSHIT...When you have to stand in a line for 4 hours just to get a cup of watery bootleather soup and a bread roll THEN you have something to worry about.
So we're going to have deflation first, followed by massive inflation.
Due to the feds massive printing, we will have inflation. If they raise interest rates to counter this they crash the banks. If they continue on printing, causing hyperinflation they can pay of their debts.
If they dont keep printing theyll have to default. If they default they will have to give up land etc to pay their debts.
Inflation the Oligarchy win, Americans lose. Default they lose, Americans survive.
Wealth transfer. If news reporters truely cared about real news Max Keiser and these interviews would be mainstream. After all the running of our society is more economics based than anything. The fact that people arent out rioting in the streets, demanding the heads of central bankers everytime they use inflation tax on us. Is proof that people on mass know nothing.
Saying that many French people did that. It just wasnt reported that well.
Deflation is needed. Its a contracting of all the bad loans and a readjustment of those assets which were over bid(due to the cheap credit(DEBT)) Which were over bid in the artificial boom period before the crash. Other industries due to the increaseing unemplyoment, need to lower their prices(and wage for some) in order to stay competitive.
However there is a fallacy known as the 'paradox of thrift' which states, the more prices go down, the less people will purchase in anticipation of even
lower prices in the future. However the 'paradox of thrift' hypothesis is phony.
Prices drop all the time and people still buy the products, and sometimes buy even more. Pcs falling, food falling, cars & houses are all healthy things. If you need a coat for winter why would you put of that purchase? Especially cause the cheaper they get, th greater the chance someone else will buy before you!
So the fed want to fight this buy printing money! Inflation is just a wealth transfer.
People dont understand that gold does better in deflations than inflations. During inflations, gold is actually a poor performer. All these economists and so called bloggers are wrong about deflation. Everytime I go to the supermarket, a deli for lunch, pizza place, pay my car insurance bill, drink a beer at a bar, prices are constantly going up. Gasoline is going back up, pretty much everything. Im sick of these guys saying we have deflation.
deflation's implication that prices will go down is a misleading idea for that needs a lag time
...
what leads to a deflationary period, is the removal of $ from the public's money supply.
how is that done? if the fed stops loaning... or in other words,
if it increases interest rates and thevultures in london remove their money from feds, not lend to banks so that they make 10 times of loans as much is lent
the economy is a dead horse.. no use flogging it... burning the fed is an idea though
Bernanke, Geithner, Rubens, Summers, Goldman Sachs, JP Morgan & the Federal Reserve Bank know exactly what they are doing by collapsing the US Dollar:
The purpose of this financial crisis is to take down the U.S. dollar as the stable datum of planetary finance and, in the midst of the resulting confusion, put in its place a Global Monetary Authority [GMA - run directly by international bankers freed of any government control] -a planetary financial control organization" - Bruce Wiseman
assuming anything is left standing after this economic collapse (and the political horror show that ensues throughout the world), economics as a "science", or even a "soft science" is simply DONE.
Oh, yeah. Of course that is what I meant if I think he's biased....the TOTAL other end of the spectrum! Becuase eveything is black and white, of course!
I have read a his posts on his web site and listened to many podcasts, and he is biased towards the US--but France does no wrong! He is probably mad he is not successful here.
That moron in red shirt must owns large quantity of HealthCare Insurance stock. As well as most of the rest of the crowd. So they'll do anything to water down the Healthcare reform. And some of the people in that group were in fact getting a fun free ride to DC all hotels and meals were paid for.
Healthcare the basic human decency. there are things you don't make money. Austrian Economic countries like those in the Europe all practice socialized medical system. Things you don't count by money, like police, national security agent, army, basic health care of a nation is just another those things.
i love max keiser!
msquestionmark 1 year ago
I think Steve Keen should run in the Prime Minister's race. The election is 8/21. Any comments?
whereismybailouttv 1 year ago
Governments are based on genocide and war. New Guinea per capital is one of the wealthiest nations, yet the IMF dominates. Brian Leonard Golightly Marshall has been curing AIDS and Cancer, Malaria, Swine Flu for over a year. It was on ABC TELEVISION NEW GUINEA AIDS YouTube yet Australia, the world, does not want to NO? 4647773 Google it. Forex is a rippling pond, money up and down 24 hrs a day, why? a storm in the Gulf and oil prices rocket up, its all media hype. wake up
MichelleNye 2 years ago
You, sir, a psychotic.
captwasabi 2 years ago
I went to the same school as Keen. Sad then to see he really ain't that smart and does not at all understand economics, let alone the science of Physical Economy, monetarism and credit creation without private central banks. Go visit Lyndon Larouche and his Triple Curve Steve Keen before you show your ignorance.
Walpurgishnacht 2 years ago
This comment has received too many negative votes show
lol Steve Keen ~ property to drop 40% LOL, could he be more wrong if he tried...
durden2001 2 years ago
Just because the Australian debt bubble is still growing it doesnt mean that it will grow indefinately. With the boom comes the bust, thus far the boom is continuing but it will end and the higher prices rise then the harder they will fall. His prediction was over a ten year time frame and im quite sure he will ultimately be correct.
Choros22 2 years ago
steve keen goody good
23580578H 2 years ago 3
shame about the sound quality from sydney - what are they using skype!?
rh7onda7 2 years ago
This is BULLSHIT...When you have to stand in a line for 4 hours just to get a cup of watery bootleather soup and a bread roll THEN you have something to worry about.
zappyhod 2 years ago 2
So we're going to have deflation first, followed by massive inflation.
Due to the feds massive printing, we will have inflation. If they raise interest rates to counter this they crash the banks. If they continue on printing, causing hyperinflation they can pay of their debts.
If they dont keep printing theyll have to default. If they default they will have to give up land etc to pay their debts.
Inflation the Oligarchy win, Americans lose. Default they lose, Americans survive.
AtheistThatsATheist 2 years ago 3
deflation of the value of the things you own, and inflation in the value of the things you need. Funny how that works.
CarryANationIII 2 years ago 2
Wealth transfer. If news reporters truely cared about real news Max Keiser and these interviews would be mainstream. After all the running of our society is more economics based than anything. The fact that people arent out rioting in the streets, demanding the heads of central bankers everytime they use inflation tax on us. Is proof that people on mass know nothing.
Saying that many French people did that. It just wasnt reported that well.
AtheistThatsATheist 2 years ago 2
Deflation is needed. Its a contracting of all the bad loans and a readjustment of those assets which were over bid(due to the cheap credit(DEBT)) Which were over bid in the artificial boom period before the crash. Other industries due to the increaseing unemplyoment, need to lower their prices(and wage for some) in order to stay competitive.
However there is a fallacy known as the 'paradox of thrift' which states, the more prices go down, the less people will purchase in anticipation of even
AtheistThatsATheist 2 years ago
lower prices in the future. However the 'paradox of thrift' hypothesis is phony.
Prices drop all the time and people still buy the products, and sometimes buy even more. Pcs falling, food falling, cars & houses are all healthy things. If you need a coat for winter why would you put of that purchase? Especially cause the cheaper they get, th greater the chance someone else will buy before you!
So the fed want to fight this buy printing money! Inflation is just a wealth transfer.
AtheistThatsATheist 2 years ago
why so short Max?? You're killing me here!!
soundmoneyfan 2 years ago
People dont understand that gold does better in deflations than inflations. During inflations, gold is actually a poor performer. All these economists and so called bloggers are wrong about deflation. Everytime I go to the supermarket, a deli for lunch, pizza place, pay my car insurance bill, drink a beer at a bar, prices are constantly going up. Gasoline is going back up, pretty much everything. Im sick of these guys saying we have deflation.
30percentplusreturns 2 years ago 2
deflation's implication that prices will go down is a misleading idea for that needs a lag time
...
what leads to a deflationary period, is the removal of $ from the public's money supply.
how is that done? if the fed stops loaning... or in other words,
if it increases interest rates and thevultures in london remove their money from feds, not lend to banks so that they make 10 times of loans as much is lent
the economy is a dead horse.. no use flogging it... burning the fed is an idea though
ishejeffwaters 2 years ago
the banker did it man.. kill the banker
ishejeffwaters 2 years ago 7
Bernanke, Geithner, Rubens, Summers, Goldman Sachs, JP Morgan & the Federal Reserve Bank know exactly what they are doing by collapsing the US Dollar:
The purpose of this financial crisis is to take down the U.S. dollar as the stable datum of planetary finance and, in the midst of the resulting confusion, put in its place a Global Monetary Authority [GMA - run directly by international bankers freed of any government control] -a planetary financial control organization" - Bruce Wiseman
sugarpuddin88 2 years ago 2
steve keen is right.
assuming anything is left standing after this economic collapse (and the political horror show that ensues throughout the world), economics as a "science", or even a "soft science" is simply DONE.
kiss it good-bye.
condorito29 2 years ago
What's done is THE STATE.
xearther 2 years ago
a bunch of us predicted deflation.
psbyowner 2 years ago
This comment has received too many negative votes show
Max Keiser just hates the US.
I'm about done listening to him.
55belinda 2 years ago
he does not like the current system as it's run by the big vampire banks - you think patriotism is defined by , rolling over ?
stuartambient 2 years ago 3
Oh, yeah. Of course that is what I meant if I think he's biased....the TOTAL other end of the spectrum! Becuase eveything is black and white, of course!
I have read a his posts on his web site and listened to many podcasts, and he is biased towards the US--but France does no wrong! He is probably mad he is not successful here.
55belinda 2 years ago
Does anyone know anything about Ashraf Laidi or his new book?
Lingerfoot 2 years ago
Yeah, the banker did it.
inkibert 2 years ago 2
That moron in red shirt must owns large quantity of HealthCare Insurance stock. As well as most of the rest of the crowd. So they'll do anything to water down the Healthcare reform. And some of the people in that group were in fact getting a fun free ride to DC all hotels and meals were paid for.
overseachininadoll 2 years ago
Does anyone know anything about Ashraf Laidi or his new book? Does he study Austrian Economics?
Lingerfoot 2 years ago
Healthcare the basic human decency. there are things you don't make money. Austrian Economic countries like those in the Europe all practice socialized medical system. Things you don't count by money, like police, national security agent, army, basic health care of a nation is just another those things.
overseachininadoll 2 years ago
How... "moral". Didn't you forget food and housing, comrade?
xearther 2 years ago
Great interview. Thanks.
fal2grace 2 years ago 6
It was the Kenyesian economists that have a lot of blame on the shoulders.
Finnbar01 2 years ago 5
ohhh nooo...
the deflationary
donut
chena3 2 years ago