American - Journalist | January 23, 1960 -
Bitcoin is probably the most fungible currency ever created.
Max Keiser
CurrencyBitcoinMostCreatedEver
Privacy is an age of universal email collection and spying, with millions of CCTV cameras and warrantless spying pervasive; privacy has become virtually nonexistent and, therefore, extremely scarce and desirable. Bitcoin can be a completely anonymous transaction that maintains the user's privacy beyond the reach of any authority.
AgeReachPrivacyAuthorityBecome
I'm against having a Fed. It's socialism in its worst form. But until the Fed is gotten rid of, the only economic variable the poor have to counteract the injustices of the Fed is the minimum wage law.
LawSocialismPoorWorstAgainst
By tying minimum wage to money supply, the poor's income would rise and fall with the rise and fall in money supply.
MoneyFallRisePoorMinimum Wage
Minimum wage law is the 'People's Fed.' Tie minimum wage to money supply. If there is pushback against this idea, then shut down the Fed and its ability to distort the economy, penalizing labor, or make the Fed's distortions available to all businesses and all workers.
MoneyPeopleLawDownLaborEconomy
The entire political class and ruling Wall Street class are zero-percent-interest zombies who talk about 'deflation' in the value of their second, third, and fourth homes. This is paper-deflation, zombie-deflation, and has nothing to do with the real economy.
ValuePoliticalWallStreetNothing
Big banks, highly leveraged casinos, do whatever they can to keep the cost of their gambling as cheap as possible. This means keeping interest rates as cheap as possible.
GamblingPossibleCheapWhateverBig
Starting in the mid-1990s, the end-to-end ubiquity of the Internet, combined with its cheapness, spontaneously combusted to give us Napster - a site that revolutionized the music industry overnight. We got P2P file swapping in the film and TV industry as well.
MusicInternetStartingIndustryUs
Copyright © 2024 QuotesDict Max Keiser quotes