A BIG CRASH IS COMING - Max Keiser & Gerald Celente

A BIG CRASH IS COMING - Max Keiser & Gerald Celente

In this video, Max Keiser and Gerard Celente discuss persistent money printing and the accompanying rise in inflation. They also talk about techniques used by policymakers to divert people's attention from the negative effects of money printing.

Here are the highlights of the contents:

The Fed Chairman admits that inflation is back but insists it's temporary. Meanwhile, prices are skyrocketing. Numbers just came out for Builders Association this week that between June 2020 and June 2021, prices to build houses have risen by 26%. Despite lumber prices coming down, it's still up over 50%. So, contrary to the Fed Chairman's claim, this isn't transitory; it's real. And it's going to have a devastating effect. The Fed is lying about it because they need to keep interest rates down for a couple of reasons:

When interest rates go up, the markets go down. They're borrowing for nothing and Wall Street traders are artificially propping prices up. Meanwhile, mortgage rates have come down again to February low, keeping the housing boom going. Federal debt is $30 trillion. So, when interest rates go up, people have to pay more in interest. But there's no need to worry about it because neither inflation nor interest rate is going up.

People are now cognizant of the fact that the Federal Reserve Bank and the current Chairman Jerome Powell, are committing massive fraud. Now, the mainstream media is compromised, and they're in on the fraud. Nancy Pelosi trades on insider information. The corruption is astounding. Nobody would have ever believed you'll have a zero and negative interest rate policy. And they'll keep it going as much as they can. Meanwhile, everybody knows the bubble is going to burst.

Employers are now having difficult times hiring workers. Why should a worker that was making $15 an hour go to work when they don't have to work while they get $15 an hour from government money through stimulus checks?
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