Speaking Of Crypto

Max Keiser has some opinions. He has some very valuable, educated, and probably controversial ideas on what’s wrong with the economy, but there’s no disputing the facts. Our financial system right now is completely messed up.  “The central banks were created to be a backstop to the banking system. When a bank when was in trouble, the central bank could protect deposits. So it was a lender of last resort. And so over the past 40 years now, due to political corruption, the central banks have become a huge hedge fund. And that hedge fund is where people go to make speculative investments.” On central banks colluding, he says “It's not a business model, they’re not engaged in a model that's sustainable, that makes economic sense. They're involved in corruption, and bailouts, and destabilizing the economy by practicing of counterfeiting. So it's not a sustainable model.” He basically said it’s all a game and that “what would destroy the game is if one of the central banks breaks ranks and raises interest rates or