Keiser Report appears on the Washington Submit editorial on whether or not Fed chairman Jerome Powell and Treasury Secretary Janet Yellen will do one thing about bitcoin revealing the flaw of cash printing.
“What did Christine Lagarde imply when she mentioned that bitcoin is providing an escape valve?” asks Max Keiser. “So, what if Elon Musk is escaping these destructive rates of interest, the zero p.c rates of interest by shopping for bitcoin.”
He explains that “capital will all the time go to the place it will get the very best return, that’s a regulation of nature.”
In line with Max, “What we had within the final 25 years or so, was collusion on the worldwide central financial institution stage, who stored rates of interest low and supplied no competing charges wherever else on the planet.” However bitcoin got here round and supplied that escape valve. “What if bitcoin just isn’t the bubble, however the pin?”
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