The Atlantis Report and Max Keiser Saturday 4-10-2021
The Atlantis Report
Prepare for The American Reset, MMT Magic Money & UBI | GDP is Not The Economy
Premiered 59 minutes ago
Prepare for The American Reset, MMT Magic Money & UBI | GDP is Not The Economy
According to the mainstream narrative, the US economy is quickly recovering from the downturn caused by lockdowns in response to the pandemic. And while the downturn was sharp and painful, it really didn’t cause any long-term economic damage.
Good times are ahead! After all, just look at the booming GDP numbers. And therein lies a problem. The GDP doesn’t really give us a good picture of what’s going on in the economy. In fact, the way the number is calculated actually hides economic damage.
Lowered FED balance sheet, higher than expected unemployment, and the stock market at levels hedge funds previously sold a lot.
Biggest tax hike in 3 decades today. And just wait until the record level margin debt starts to get called in. FED increased the balance sheet more steeply to fight bond market volatility.
Somehow it seems like banks, politics, and algorithms are one beating heart vs. retail psychology.
For the full transcript go to https://financearmageddon.blogspot.com
Keiser Report | Price Signals and Bond Markets | E1682
Apr 10, 2021
In this episode of the Keiser Report, Max and Stacy look at the signs of continuing asset price inflation as more and more money printing is pushed into the economy and yet, ‘is goldbug macro dead?’
Despite the unprecedented increase in money supply, gold has barely responded since last summer. What does this mean?
In the second half, Max continues his interview with Wolf Richter of WolfStreet.com about price signals and bond markets.