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| Will accelerated printing of fiat money result in the 15-minute recession? RT’s Keiser Report takes a look | Will accelerated printing of fiat money result in the 15-minute recession? RT’s Keiser Report takes a look |
| (about 2 months later) | |
| Max Keiser and Stacy Herbert take a look at the statistics showing that the latest recession sustained by the US lasted just two months – the shortest incidence in the American history. | Max Keiser and Stacy Herbert take a look at the statistics showing that the latest recession sustained by the US lasted just two months – the shortest incidence in the American history. |
| “Recessions are business cycles that make poorly run companies go out of business,” Stacy explains, adding that there also may be a rise in unemployment. “But that would force people to move to where jobs were, and it would reallocate capital and labor in the economy.” | “Recessions are business cycles that make poorly run companies go out of business,” Stacy explains, adding that there also may be a rise in unemployment. “But that would force people to move to where jobs were, and it would reallocate capital and labor in the economy.” |
| She added that the “accelerated parabolic” printing of fiat money is the element that makes every single little dip in the markets cause a substantial crash on the markets for any sort of intervention. | She added that the “accelerated parabolic” printing of fiat money is the element that makes every single little dip in the markets cause a substantial crash on the markets for any sort of intervention. |
| “If you are trying to reduce volatility in your economy you are trying to create a prison, a slave ship, or America in the 21st century,” Max says, pointing out that only dead fish flow with the current. | “If you are trying to reduce volatility in your economy you are trying to create a prison, a slave ship, or America in the 21st century,” Max says, pointing out that only dead fish flow with the current. |
| For more stories on economy & finance visit RT's business section | For more stories on economy & finance visit RT's business section |