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Max Keiser
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Presents "Keiser Report" for RT, Inventor of Virtual Currencies and Prediction Markets.

Entries by Max Keiser

If You Don't Believe We're Already Back on a Gold Standard, Think Again

(18) Comments | Posted September 24, 2013 | 12:41 PM

In 1971, the U.S. 'closed the gold window' starting an era of global fiat money reference-pricing that has been unprecedented in history. Never before had the world operated on the basis of no country anywhere having a currency tied to something with intrinsic value like gold.

We did have...

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Will Russia's Follow-Up to Snowden Be Copyright Reform?

(2) Comments | Posted August 6, 2013 | 5:57 PM

To some, incredibly, Russia has become a human rights leader. Edward Snowden, the American whistleblower has succeeded in his asylum application in Russia and White House spokesman Jay Carney appears flummoxed and wrong-footed as the mantle of free speech and liberty appears to pass from West to East.

This is...

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George Osborne's 'Help To Buy' Scheme Death Knell For UK Property Market

(0) Comments | Posted June 9, 2013 | 11:59 AM

The UK government has made a critical mistake: George Osborne's 'help to buy' scheme is off to a roaring start with money pouring into house-buying, including many first-time buyers... but there's a big problem.

The demand for houses, both domestic and foreign, shows there is demand for a government guaranteed...

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What If All the Bitcoin Exchanges in the World Were Shut Down?

(16) Comments | Posted May 1, 2013 | 4:20 PM

Here's a thought exercise. What if all bitcoin exchanges were shut down by various governments? What would the current value of a bitcoin be? This is an important question because of the implied outcome of the current trend by governments to shut down -- or prevent the creation of --...

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Should Bitcoin Peg Itself To The Dollar?

(50) Comments | Posted April 26, 2013 | 2:28 PM

China became the second biggest economy in the world by pegging their currency to the dollar at an artificially cheap rate. This boosted exports and built up reserves to the multi-trillion level - of which more than a 1 trillion is US dollars.

The Chinese workers themselves, for the most...

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Bitcoin's Problem With Liquidity And Market-making

(21) Comments | Posted April 23, 2013 | 6:10 PM

Bitcoin exchanges are still struggling to find a trading model that offers depth and scalability. If you compare the current exchanges with the workings of the New York Stock Exchange specialist system, you immediately see the problem facing market-making in bitcoins.

Most stocks bought and sold on Wall Street are...

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Could a Patent Lawsuit Take Down the Bitcoin Exchanges Like MtGox?

(3) Comments | Posted April 7, 2013 | 6:30 AM

In a free market capitalist system 'price signals' are everything. Prices are determined by buyers and sellers in the free market and these prices are broadcast from the exchanges reaching all corners of the economy -- where they are used to transact business. In a centrally planned economy, prices are...

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Bitcoin vs. Government: Are Pro-Bitcoin Rights the New Pro-Gun Rights?

(0) Comments | Posted April 1, 2013 | 7:32 AM

Google trends shows an explosive growth in the Bitcoin meme. Like a tsunami, it started as a ripple and didn't look like much, traveling for miles on the digital sea, and then Cyprus hit and the ripple became a roar.

Nearly all financial news outlets and blogs has weighed...

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Does the Internet Depend on the Survival of Bitcoin?

(14) Comments | Posted March 29, 2013 | 2:55 PM

The market capitalization for Bitcoin has exceeded $1 billion so people are asking: What's next?

We can see the growth pattern for adoption of this new virtual money take off in places where there is financial stress. In Cyprus, people were desperate to obtain as...

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Is Bitcoin Money?

(134) Comments | Posted March 14, 2013 | 5:24 PM

Since Bitcoin is now a $400 million market, with its pricehitting new all-time highs, now might be good time to ask, is bitcoin money?

According to Aristotle, for something to be considered money, is has to fulfill four characteristics:

1) It must be durable. It can't fade, corrode.

2) It...

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Minimum Wage Laws Are the People's Federal Reserve Bank: Why Corporate America Could Easily Pay $100 an Hour for Labor

(8) Comments | Posted March 5, 2013 | 9:48 AM

The poor have no defense against the Fed. Their standards of living continue to drop as the Fed's zero-percent money rolls into the bank accounts of its plutocrat sponsors who in turn make 1 percent of that money available to non-plutocrats at exorbitant interest rates. I'm against having a Fed....

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Zombie Economics Explains Inflation/Deflation Split

(1) Comments | Posted January 6, 2013 | 10:14 AM

A deflationist zombie (Bernanke or Krugman for example) never notices price rises because their cost of borrowing easy credit is near-zero. When prices go up -- they just borrow more at virtually no cost. Non-zombies experience these price rises because their cost of borrowing starts at 3 1/2 percent and...

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Too Big to Fail Banks Are Stopping You From Getting 5 Percent on Your Savings

(18) Comments | Posted July 9, 2012 | 2:36 PM

The LIBOR interest rate manipulation by Barclays, and various other banks including the Bank of England has a bias toward manipulating rates lower. Low rates feed the speculation that drives the biggest profit centers of the Too Big To Fail (TBTF) banks. Central banks are not independent, but centralized rate...

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Structural Interest Rate Fraud: Why the Global Economy Is Stuck and Consumers Have Stopped Spending

(7) Comments | Posted July 2, 2012 | 11:02 AM

This week in the Financial Times, two stories provided neat bookends on the economic conundrum blighting the global economy. On page 18 of the FT we learn that In London, "Rate-Rigging at Barclays was pervasive." As you know, we've been reporting on this for years. Big banks, highly...

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Revolutionizing the Revolution Business

(1) Comments | Posted March 4, 2011 | 3:28 AM

I want to report on something from the perspective of being here on the ground in Cairo. The revolution was definitely enabled by social networking sites. I find it difficult to understand the positions of those in the blogosphere who fail to see this point.

Starting in the mid...

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Michael Moore, Like Obama, Is Also Guilty of Being too Soft

(3) Comments | Posted November 4, 2010 | 6:47 AM

Michael Moore: "The last thing I want to say is, we have something on our side of the fence that they don't have on the other side, and that's the popular culture."

No, 'we' don't...

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Expanding the Public's Wealth and Defending the Interests of the Common Good

(20) Comments | Posted August 9, 2010 | 1:39 PM

The job of expanding and defending the public's domain is falling on the shoulders of a few hearty souls.

Julian Assange, founder of WikiLeaks.org and Captain Paul Watson, founder of the Sea Shepherd Conservation Society are doing the job that government organizations and non-government organizations have failed to do: create...

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Why Russia Might Be the Best Place for Box Office Futures

(2) Comments | Posted August 3, 2010 | 1:19 PM

Box office futures trading in America is dead. I took the position early that box office derivatives trading should be outlawed in the U.S. given the current history of market manipulation and insider trading abuses that have accelerated since the passage of the Commodity Futures Modernizatin Act (CFMA)...

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France Tries to Reduce Debt by Increasing Debt

(6) Comments | Posted July 30, 2010 | 10:59 AM

To reduce debt, France has announced the sale of State assets.

Paradoxically, these sales will achieve the opposite effect and increase the overall indebtedness of France. Since any buyer of these assets will do so with borrowed money and the money they borrow will...

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The Market Is a Hologram Masking Deflation

(16) Comments | Posted July 27, 2010 | 11:35 AM

Since the global financial crisis started in earnest in 2008, there has been a debate raging in economic circles. Is the economy experiencing inflation or deflation?

The first consideration in solving this riddle is to agree on terms. Rising or falling prices at your local grocery store is 'price inflation'...

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