Sarcasm – US Stock Prices Hit a Permanently High Plateau

YouTube has the video Keiser Report: US Stock Prices Hit a Permanently High Plateau (E1470).

In this episode of the Keiser Report, Max and Stacy discuss Irving Fisher’s correct but early call in 1929 when he said that stock prices had hit a permanently high plateau. He just needed to wait some few decades for an all fiat regime controlled by a banker-coddling central bank. They also discuss the $4 trillion from the NY Fed propping up the stock market — an allegedly ‘unintended consequence’ of bailing out repo markets.

In the second half, Max interviews Ross Ashcroft of Renegade Inc. about the cantillon effect, taxing land values, turmoil in repo markets, and a global debt jubilee.

The bullshit level in this episode of the Keiser Report is as close to 0 as you can get. If you want to know what I worry about as my stock market gains roll in, this is it.

As I used to mutter under my breath as I saw all the people making money on the dot com bubble. “It’s not what you you gained today that matters. it’s what you get to keep.” Eventually, I was right.

You have to watch the video to see the irony in the headline.

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.