Wednesday, July 9, 2014

Stop Doing It In Dollars

Staff Writer, DB Holmes
Finance / Banking

In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the exorbitant privilege that is the dollar hegemony. It offers nothing on the upside, and only subjugation and humiliation on the downside. And despite having an empire of fictional money, the US appears to still have gone bankrupt on these fictional debts. But all that is to change as European companies, like Total, and officials, like the Bank of France governor, fight back, suggesting an end to US dollar transactions in international trade. In the second half, Max interviews Arjen Kamphuis about his new and free digital manual “The Infosecurity Handbook For Journalists” and about driving the cost of NSA spying from the current 0.08 cents per person per day to $10,000 per person per day – thus driving them out of business.

Source: Keiser Report