Entropic afterburn, 50 years of fiat (E1730)
In this episode of Keiser Report, Max and Stacy look at the data showing ‘no resistance’ to price increases, as money-printing and stimulus checks encourage Americans to pay whatever the price is without negotiation. In the second half, Max and Stacy chat to author James Howard Kunstler, of Kunstler.com, about his time as a news reporter on the day that Nixon shut the gold window in 1971.
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