Max Keiser on Aljazeera English about Food Price Inflation

This was shot in the satellite interview room in Paris. On the news, that green screen background would have looked like the Paris skyline.
Some interesting concepts introduced by Max, including the notion of a need for market failure in having one billion starving and one billion obese.

Category:

News & Politics

Tags:

• max
• keiser
• aljazeera
• english
• food
• price
• inflation
• obese
• hunger

[Vetchmun]

I like your view.

[popcur]

I never knew about the starving/obese people ratio. The twin problem.

[CheeezMaster]

max keiser pwns

[ytgv3fc7]

I don't think it will be long now before anyone who owns gold will get it confiscated. I'm wondering if I should just buy anything I can at any pawn shop that looks to have enough gold in it! You never know these days.

[herbs814]

The currency is weak because of all these banknotes circulating among the public. This excess of notes creates overvalued prices and overcapacity (i.e. real estate). Prices rise quickly when the full cost is not paid out of savings (patiently accumulated), but rather by debt (accumulated quickly and hastily). Then the overcorrection by lenders withdraws credit and causes prices to crash, trapping those who accumulated debt.

Opt out of this corrupt system by moving to a personal gold standard.

[Muraabit]

if i had a large company,i would despise gold as being the legal tender because, my profit woulda been far lower than if there were bank notes circulating among the public,i guess you know why. As long the big corporations, bankers and our corrupt governments in the west exist under the guise of 'democracy' ,gold shall never be introduced as legal tender except for those big companies and bankers who use this as a wedge against the weak currency and the same currency that they amass and create.

[herbs814]

Gold protects wealth and income and savings from confiscation by fraud. This necessarily improves standards of living relative to the fraud inherent in paper money (fiat currency).

Pensions in paper currency are meaningless since more paper is printed to make payments in devalued notes. Unless payments are made in something rare, precious, and limited, pensions are not worth the paper they're printed on.

[herbs814]

Without government regulation, control of the government is meaningless. Without government regulation, money doesn't buy favors and subsidies. If the government is strictly limited to its constitutional functions, money doesn't buy power anymore. It is only by accepting the faulty premise that government has the "right" to impose these regulations that we get these rent-seeking politicians. Take away government power and there is no basis for corruption anymore.

[bashia]

Yes but without government regulation, guess what happens. The successful companies gain the wealth to control the government which then gives them subsidies.

[herbs814]

The inequality of rich, overfed people and poor, underfed people is because of government subsidies: this is by definition a government failure, NOT a "market failure".

[jcladue]

fresh brown biscuits! Get 'em While they're HOT!

[eugeneedwards]

africa cant be a great country dildo. its a continent