Hosing down the economy with money (E1604)
In this episode of Keiser Report, Max and Stacy look at the difference between parts of Europe and America as the Covid-19 pandemic continues to wreak havoc on the world’s economy. In the Netherlands, workers are bargaining for the right to be reimbursed €2 per day for toilet paper in the ‘work from home’ era. Meanwhile, in the US, census data shows that 10 percent of Americans didn’t have enough to eat in the past week… despite the largest infusion of cash in history. In the second half, Max chats to Ali Hamam of Tahini’s Restaurant in Ontario, Canada, about his experience with wealth confiscation through inflation and devaluation. He explains what those lessons bring to how he runs his successful business in Canada by securing some of the company treasury in bitcoin, something he sees as a ‘savings technology.’
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