Velocity of money at all-time low (E1446)
In this episode of the Keiser Report, Max and Stacy discuss the fact that house prices in Hong Kong and Paris reflect each other in having the biggest increase, since the global financial crisis, in the number of years required to afford a home. Is it any coincidence, therefore, that both have been hit with ongoing unrest? They also discuss demands from US politicians for the Fed to consider issuing a digital currency. In the second half, Max interviews Mitch Feierstein ofPlanetPonzi.com about the housing bubbles and the turmoil in the repo market.
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