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On the Edge with Max Keiser - 04 December 2009 - (2/4)

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Uploaded by on Dec 4, 2009

http://maxkeiser.com
Headlines with Stacy Herbert

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News & Politics

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  • Spot on Max. You have to give stimulus money direct to the consumer.

    They did it in Australia and they seem to be doing ok.

  • Stacey, always with a smile

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All Comments (41)

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  • fundamentally, cash is created from demand for cash. However, these days, we are over-supplying cash to a low demand. It seems the only possible outcome is inflation.

  • What a load of crap. You have spent too much time listening to crackpots on conspiracy forums without ever bothering to check the facts. The government did not get rid of your manufacturing - the corporations did. The government did not bankrupt your banks - the bankers did. The only thing which is keeping your economy afloat is the government bailout - any fckhead knows that - moron - get off abovetopsecret and read a book for once in you life.

  • end the federal government and all problems solved. no more bankrupt ss ponzi scheme, no more bankrupt medicare nightmare, no more bailouts, no more fannie and freddie, no more fed, no more fiat currency. state governments will get back in control like it used to be when we were the most prosperous and productive. end corporations and we're dead. we're almost at that point now, all our manufacturing is gone and all our banks are bankrupt. what caused that? the federal government.

  • You don't make sense. You desperately want to demonise the government - however the government is an inherently benign force - it is a tool specifically of and for the people. When it is coerced by the profit motive of corporations it becomes a tool for corporations. Everything you mention is a result of the corruption of corporations - not government. THe market bubbles are a result of placing appeasing market forces, the banks are corporate - you have it backwards.

  • Raise interest rates? Do you know how impossible that would be right now? America hates the fed as it is. Let them try it, lol.

  • naysayers to gold and silver say the fed can increase intrest rates and thereby sink the cost of presious metals. Does anyone who knows this area well wanna drop any input on this assertion? How does the feds intrest rates affect prices of presious metals.

  • South Africa introduced the Credit Act about five years ago. It states that any bank that lends money to any person or company that can't pay it back is responsible for the debt. The bank is also fined for lending cash to a consumer which is unable to repay his or her debt. That has saved their banks. You even get interest on savings accounts in South Africa! How can a third world country get it so right, and Europe and the USA get it so wrong!

  • The actions from the US citizens are just going to be similar to other countries collapses. History will repeat itself.

  • My siblings all live in the rural counties south of Louisville. Few out there grows their own food.

    Few can anything for the winter.

    My grandparents always said they never felt the depression in the 30s. They had all they needed.

    Not so the next time around.

    The city folk will spill out. And they are no gardens to loot.

  • "They're going to need Bazookas" Hilarious.

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