The transitory becomes permanent (E1716)
In this episode of the Keiser Report, Max and Stacy discuss how the US central bank is now warning that ‘transitory’ inflation may be around longer than expected. They also remind the audience that quantitative easing was also meant to be temporary before it, too, became permanent. In the second half, they discuss whether it’s fair that their taxes are going toward propping up landlords whose rent their tenants haven’t paid during the pandemic. After all, while house prices have risen nearly 25% in the same period, the likes of Max and Stacy won’t get a cut of the profits.
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