Duration of money-printing punishments depends on how worthless money becomes, expert tells RT’s Keiser Report
With stock markets at an all-time high, housing prices soaring, and wages boosted, the hosts of the Keiser Report wonder how much money-printing the US is destined to endure.
Max and Stacy are joined by James Howard Kunstler of Kunstler.com to find out whether money-printing will continue until morale improves, and to ask how much he thinks morale will improve, if at all.
Also on rt.com Sitting on ‘TIME BOMB’: Deutsche Bank issues grim post-pandemic warning for US economy“A happy, happy, happy is America now,” Kunstler says, adding that “it depends on how worthless money becomes as the punishments for money-printing continue.”
The author and social critic is of the opinion that the printing of money is becoming increasingly detached from any real, on-the-ground, productively active economy.
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