Red queens and looking glasses (E1423)
In this episode of the Keiser Report, Max and Stacy discuss the fact that the Fed is stuck in a rate-cutting box of its own design because we’ve gone through the looking glass and ‘here’ you have to run just to keep in the same place. There is an ever-increasing quantity of debt required to keep GDP in the same place and, so, the Fed must print, and print, and print to avoid the economy collapsing. In the second half, Max interviews Randy Voller, former head of the Democratic Party in North Carolina, about the economic policies so far presented by candidates for the party’s 2020 nomination.
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