Posted on August 16, 2012 by stacyherbert
You just have to love this guy…always poking fun at the absurdity of the banking sectors not being subject to the same law as us! Here’s a quote from Max:
“If you want to have less prison time, just give some money to Paul Ryan!”
In this episode, Max Keiser and Stacy Herbert discuss unknown people whose solvency is uncertain operating faster than the speed of light in the “franken-market” and Max Keiser asks, “what if a high frequency trading algo bot shrugged?” In the second half of the show, Max Keiser talks to Sandeep Jaitly of feketeresearch.com about the real Austrian economics of Carl Menger versus the fake Austrian economics of Ludwig von Mises. They also discuss how Ben Bernanke’s confusion about what money, how central banks are leading us into a second dark age and gold as the ultimate exinguisher of credit. Max and Sandeep also highlight the reason why rehypothecation in London is fraud. And, finally, Max hopes Lew Rockwell watches and learns.