In this episode of the Keiser Report, Max and Stacy look at the Bloomberg journalist looking at the data proving that bitcoin is displacing gold in the investment community. They also look at the student debt that will never be paid back, by design. In the second half, Max talks to Saifedean Ammous about his new book, 'The Fiat Standard', available via his website. They discuss saleability across time and space and how bitcoin beats all competition. They also review the history of the fiat standard and how it has degraded economies ever since.
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.