The assignat is back (E1433)
In this episode of the Keiser Report, Max and Stacy discuss the fact that the entire banking and monetary systems and thus our economies are built around maintaining ever larger quantities of debt against ever rising house prices. Max and Stacy ask if this means that the assignat is back? In the second half, Max continues his interview with Mark Valek of the annual ‘In Gold We Trust’ report. They discuss the stock to flow ratio of gold and bitcoin and why it matters.
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