In this episode of Keiser Report, Max and Stacy discuss how the central bank is now warning that the 'transitory' inflation may be around longer than expected. They also remind the audience that Quantitative Easing was also meant to be temporary before it too became permanent. In the second half, they continue the conversation and this time to complain about their taxes going toward paying the landlords the rent their tenants haven't paid for the past year. And, while house prices are up nearly 25% in that period, Max and Stacy won't get a cut of the profits.
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.