Keiser Report hosts Max and Stacy have a look at how firms are beginning to shield their stability sheets from the melting ice dice of extreme cash printing.
As central banks continue to print, “asset holders are becoming fabulously rich, so the split between rich and poor is growing spectacularly,” says Max.
According to him, it’s abundantly apparent now that this cash printing causes poverty, will increase wealth and revenue gaps as properly as unemployment, and the social distress that comes with it. “So, here’s Joe Biden, Clinton, neo-liberalism, ravaging trillions from the middle class, creating huge number of the newly poor,” Max says.
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