Episode 774

In this episode of the Keiser Report, Max Keiser and Stacy Herbert, in a double-header, discuss the evidence emerging that Quantitative Easing is causing deflation as the wealthy delay consumption to participate, instead, in rapidly rising stock, bond and house prices. They also discuss new two reports – one from the IMF and the other from the OECD – that expanding the finance sector is not possible without causing further economic decline. Only austerity for bankers will do and bashing the finance sector into a smaller, more manageable (and profitable) size will save us.