The inertia of the intangibles (E1597)
In this episode of the Keiser Report, Max and Stacy look at the growing value of ‘intangibles’ in the stock market as the real economy disappears, only to be replaced by goodwill, derivatives, and some memes. In the second half, Max interviews Michael Saylor of MicroStrategy about his big bet on bitcoin as the S&P 500 company converts $420 million of their treasury to bitcoin.
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