In this episode of the Keiser Report, Max and Stacy look at the call by JP Morgan for unexpectedly large increase in inflation as pent-up savings is unleashed. In the second half chats to Alasdair Macleod of GoldMoney.com about whether or not we are heading for inflation, deflation, hyperinflation or hyperdeflation and why it is so difficult to tell.
Max Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcast on RT. He presents a weekly show about finance and markets on London's Resonance FM, and writes for The Huffington Post. Keiser invented "Virtual Specialist Technology," a software system used by the Hollywood Stock Exchange. Prior to inventing this technology, he worked on Wall Street where he began working after graduating from NYU.
Alasdair Macleod is head of research for GoldMoney. He also runs FinanceAndEconomics.org, a website dedicated to sound money and demystifying finance and economics. He has a background as a stockbroker, banker and economist.