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| RT’s Keiser Report looks at the massive US dollar ‘rug pull’ as money printing slashes the value of savings | RT’s Keiser Report looks at the massive US dollar ‘rug pull’ as money printing slashes the value of savings |
| (about 2 months later) | |
| As the US continues to devalue its own currency by printing trillions more dollars, Max Keiser and Stacy Herbert discuss bitcoin as a possible solution to separate the state from money. | As the US continues to devalue its own currency by printing trillions more dollars, Max Keiser and Stacy Herbert discuss bitcoin as a possible solution to separate the state from money. |
| “The US dollar is the ultimate rug pull. Anytime you get off the gold standard, you’re talking about a Ponzi scheme by definition, because you’ve got to keep printing to keep the base of the Ponzi going and pay off early investors by printing more money,” says Keiser. | “The US dollar is the ultimate rug pull. Anytime you get off the gold standard, you’re talking about a Ponzi scheme by definition, because you’ve got to keep printing to keep the base of the Ponzi going and pay off early investors by printing more money,” says Keiser. |
| According to Stacy, bitcoin provides billions of people around the world with an unconfiscatable store of value at a time when the US dollar is losing its value due to money printing, and people are losing their savings. | According to Stacy, bitcoin provides billions of people around the world with an unconfiscatable store of value at a time when the US dollar is losing its value due to money printing, and people are losing their savings. |
| For more stories on economy & finance visit RT's business section | For more stories on economy & finance visit RT's business section |