Hosts of the Keiser Report, Max Keiser and Stacy Herbert, take a look at the very giant stimulus bundle the Biden Administration hopes to move. The $ 1.9 trillion financial and healthcare reduction plan was revealed final week.
That is mentioned to be the biggest financial response in US historical past, Stacy notes. “They’re simply throwing cash whereas everyone is in lockdown an at residence, the economic system is in shambles, all of the small companies we expect are closed, we’ve no extra worth indicators,” she says.
Max agrees, saying: “They’ve been arguing there gained’t be inflation, now they’re saying they are going to print some cash.” He provides: “We’re all going to be trillionaires as a result of fiat has no backside. The greenback has no backside and bitcoin has no high. So ponder this.”
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