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| ‘Once the inflation genie is out of the bottle, you can’t get it back in’ – Max Keiser | ‘Once the inflation genie is out of the bottle, you can’t get it back in’ – Max Keiser |
| (25 days later) | |
| The hosts of RT’s Keiser Report, Max and Stacy, look at the US economy which can no longer react to price signals because all of the so-called ‘signals’ are now fake. | The hosts of RT’s Keiser Report, Max and Stacy, look at the US economy which can no longer react to price signals because all of the so-called ‘signals’ are now fake. |
| “Once the inflation genie is out of the bottle, you can’t get it back in without massive restructuring and massive economic damage,” says Max, adding that “it happens very quickly.” | “Once the inflation genie is out of the bottle, you can’t get it back in without massive restructuring and massive economic damage,” says Max, adding that “it happens very quickly.” |
| He points out that “in the United States they’ve been understating or misstating inflation now for 15 years, claiming it’s 1%-2% or 2%-2.25%.” | He points out that “in the United States they’ve been understating or misstating inflation now for 15 years, claiming it’s 1%-2% or 2%-2.25%.” |
| In reality, “inflation today in America is running at 10%-20% right now,” Max says, “and that’s set to double as the US dollar gets into a lot of trouble with these geopolitics games being replayed now with this new administration.” | In reality, “inflation today in America is running at 10%-20% right now,” Max says, “and that’s set to double as the US dollar gets into a lot of trouble with these geopolitics games being replayed now with this new administration.” |
| For more stories on economy & finance visit RT's business section | For more stories on economy & finance visit RT's business section |