Words matter. These are the best Max Keiser Quotes, and they’re great for sharing with your friends.
Britain is the epicentre of financial fraud. Most major players outsource their fraud here because London is the unregulated cesspit of global finance.
There are three main controllers of power here in Britain: the political establishment in Westminster, the BBC (MSM), and the Bank Of England.
In 1971, the U.S. ‘closed the gold window,’ starting an era of global fiat money reference-pricing that has been unprecedented in history. Never before had the world operated on the basis of no country anywhere having a currency tied to something with intrinsic value like gold.
To some, incredibly, Russia has become a human rights leader. Edward Snowden, the American whistleblower, has succeeded in his asylum application in Russia, and White House spokesman Jay Carney appears flummoxed and wrong-footed as the mantle of free speech and liberty appears to pass from West to East.
Starting in the wake of the 2008 GFC (Global Financial Crisis), market observers have warned of a crash in the bond market. Initially, it was believed that the trillions printed to bail out the banks would cause inflation and, therefore, a flight from bonds.
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.
Bitcoin’s revolution: an impossible-to-counterfeit digital store of value that can be used as money, that has no sovereign, or central bank involved, that can be sent anywhere instantly at virtually no cost, is irresistible. Anyone who uses it is converted.
The bitcoin protocol is about mining bitcoin, not pricing bitcoin. There is nothing in the protocol about establishing a market price for bitcoin; you need a market for that, but what if all the exchange markets are shut down?
I follow Rick Falkvinge, who founded the Swedish Pirate party and was one of the very early adopters of Bitcoin.
Russia’s economy is both cursed and blessed by oil. When the oil price goes up, there is a tremendous ‘wealth effect’ spilling over into all corners of the economy, but this diminishes the drive to develop other industries to diversify away from overreliance on oil.
I am pro-capitalism, and I am pro-free market.
As more wealth and political power is amassed – as bitcoins rise in value – Congress and various lobbying groups will be influenced to an ever greater extent by the interests of Bitcoin owners who – in turn – will lobby to keep the Internet and Bitcoin alive and growing.
We must continue to educate the masses and encourage savings in Bitcoin to truly drain the kleptocratic swamp ruling our financial system.
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.
By tying minimum wage to money supply, the poor’s income would rise and fall with the rise and fall in money supply.
Bitcoin is a peer-to-peer, decentralized form of money, as durable as the Internet itself. Remember, the Internet – or DARPA, as it was originally called – was created as a fail-safe, global network with no ‘single point of failure.’ If one part goes down, data takes another route, and nothing is lost.
I think anybody who is interested in keeping their money safe from the criminal banking system would want gold, silver, and Bitcoin.
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.
Success of bitcoin and the exchanges that deal in it could be interpreted by some to mean the demise of central banks, Wall Street, and the Washington insiders who trade on inside information and market manipulation.
The pro-gun advocates point to the 2nd amendment of America’s Constitution, citing Americans’ right to bear arms as a protection against tyrants. Pro-Bitcoin advocates want protection against tyrants, too. The difference is how these two groups define tyranny.
Bitcoin as an asset class is brilliant, as a means of payment, fantastic.
Bitcoin represents the first major breakthrough in economics and finance since double-entry bookkeeping was invented in 1494, and activists need to embrace its power.
As money, Bitcoin achieves two objectives; it’s both a unit of transaction as well as being a store of value. The U.S. dollar, for example, is a unit of transaction, but it is not a store of value.
In a free market capitalist system, ‘price signals’ are everything. Prices are determined by buyers and sellers in the free market, and these prices are broadcast from the exchanges, reaching all corners of the economy – where they are used to transact business.
Money is catching up to the technological trends transforming all aspects of society and business; entertainment, insurance, health-care, gaming, leisure, retail – all commercial and social verticals are going digital – including money itself.
Activists can improve their alternative media success by embracing alternative currencies like Bitcoin.
Low interest rates wipe out savers and devastate middle-class workers. The banksters have orchestrated this wealth transference of trillions, from the poor to the very wealthy. At the expense of everybody who isn’t at the top.
Tony Blair personified the shift away from democracy, towards control by bankers.
Activists need to educate themselves about the power of crypto currencies like Bitcoin, invented in 2009, and use crypto to leverage the success of their independent media gains to tip the balance of power away from the troika in ways that could never happen by backing a political candidate.
Through bitcoin, the Argentines are developing an economy which doesn’t require the bankers.
I believe the world economy will crash when Russia or China moves to a gold-backed currency. They know that when this thing blows, the old law returns: he with most gold makes the rules.
Bitcoin is probably the most portable money in the history of the world. I can download any amount onto a thumb drive and walk across any border without any problems. Or, I could commit to memory a line of code that I can then input into the network and save or spend Bitcoins.
Bitcoin’s success will guarantee Bitcoin’s success.
MaxCoin is competing for the crypto buck, if you will. So is Bitcoin, so is Dogecoin. Alt-coins are proving to be formidable because there’s a solid community behind it, there’s a use for it, and it’s got a great market capitalisation. I think that’s going to be a winner.
World’s major powers, including China and Russia, don’t want to ‘finance’ American military adventures anymore.
