they also indicated an openness to it, though they did share they have some keynes. they didn't make -- they did have some concerns. they didn't make any edits to the bill but said they were supportive of this concept. earlier today in an appropriations committee, senator moran offered this very bill as an amendment, and it was adopted by voice vote without a single objection. and so here's where we stand: i've come to this floor today to give p my colleagues the opportunity to send this to the president before we leave for the memorial day recess. we have an opportunity right mao to tank the bill that the house -- to take up the bill that the house just passed by an overwhelming bipartisan majority, enacted into la enacty unanimous consent and send it to the president so he can sign it so what when the results of this investigation come to him, they can discipline or fire the people who have not done their jobs and have put our veterans in harm's way with regard to the services the v.a. is supposed to be offering. that is all this bill does. nothing more and nothing

maynard keynes who said success is anticipating the moves of others.e better, you still like the u.s. >> absolutely. >> what is the best way to play a u.s. continuing rally? >> i am right in the middle of it, but the older ones are about to hit 70, and they will live a long time. they will have to fund that with high-quality equities. those are still quite reasonable. i like three sectors. industrials. we are seeing an industrial resurgence here. tech, and energy. >> thank you. we will talk to you soon. on the markets again in 30 minutes. ♪ loan from bloomberg headquarters in new york, this is "market makers" with erik schatzker and stephanie ruhle. >> economists forecast new home sales rose last month. we will have new figures the moment they cross. >> we will go to the ukraine capital and talk to a big investor 48 hours before the crucial presidential election. >> summertime, the living is easy. time to plan your trip to one of the big music festivals. we'll talk to the cofounder. welcome to "market makers." i am matt miller. >> i'm alix steel.

. >>> the sun forgets on the 37th keynes. the focus on palm door. it no doubt reached its verdict. now, down there, there is a winner in waiting. there's not lopping until we find out who that is. you can feel the excitement here. >>> well, at the end of the first hour, here is what ber following - pope francis begins a 3-day trip to the holy land. from there he travels to israel. >>> residents head to the polls in ukraine. elections were scheduled for march but moved following country-wide protests. >>> aid may be somebodieded -- suspended to thailand over the coup. >> rain is fouling in the south. i'll -- falling in the south. i'll show you where it's headed and where it is now. >> every saturday join us for exclusive, revealing, and surprising talks with the most interesting people of our time. abe foxman >> we'll fight for your right to be a bigot. if you are a bigot, you're gonna pay a price... >> holocaust survivor and head of the ant-defamation league. >> there's an awful lot of hatred floating out there... >> and ending discrimination >> ...as long as the children aren't ed

they also indicated an openness to it, though they did share they have some keynes. they didn't make -- they did have some concerns. they didn't make any edits to the bill but said they were supportive of this concept. earlier today in an appropriations committee, senator moran offered this very bill as an amendment, and it was adopted by voice vote without a single objection. and so here's where we stand: and so here's where we stand: without a single objection. zahir is where we stand. i have come to this floor here today to get my colleagues the opportunity to send this to the president before we leave for the memorial day recess. we have an opportunity right now to take up to build a house just passed by an overwhelming bipartisan majority enacted into law by unanimous consent and send it to the president said he can sign it so that a week from now and a month from now when the results of that investigation come to his desk and that of the secretary they can discipline and/or fire the people who have not done their jobs and to put our veterans in harm's way with

idea of bretton woods for kind of world money but keynes believe it or not one at the bank were to be backed by commodities including gold it wasn't a pure gold standard but he wanted gold in the basket the s.t.r. the special drawing right is not backed by anything it's just another form of comes out of thin air the fed prints dollars the i.m.f. can print as the r.'s and they will the next time there's a liquidity crisis of the kind we had two thousand and eight it's going to be bigger than the fed because the fed took their balance sheet to over four trillion dollars we haven't had a liquidity crisis since i weighed over nine but so they print all this money anyway they get tens of. this was for the european central bank and so they're not going to be able to take it to a trillion or twelve trillion they're kind of at the albert limit of what they can do so where will the world with critique come from there's only one clean bounce she left in the world which is the i.m.f. the you know the fed's leveraged eighty to one the i.m.f. is leveraged three to one so the i.m.f. has a lot of he

the great works not just of paid or who actually on the subject was not terribly insightful but of keynes of the great high minsky forgotten now remembered as the the author of the minsky moment yes and i want to talk to them about that i want to know about nancy is right now you're associated with the teachings of hyman minsky who is an economist who has received a lot of press since the great financial crisis so what is your work with minsky tell you about the period we're going through we're getting venture capital technology investing and about the economy more generally. well meant that minsky was really concerned with the banking system with the credit system and he certainly got right the idea that when stability breeds instability when bankers lend money and people pay it back routinely they lend more money and the credit system moves through this kind of almost it seems fated path from a very conservative hedged situation where the borrowers are paying back the money they borrow out of their operating cash flow to what he called the speculative phase when they're paying their int

international documentary how line based out in paradise and if you're watching us from thank you keynes going on to ground. well the mainstream media is crying for nato expansion new missile systems and all sorts of stuff to feed the military industrial complex because of what is happening in ukraine yeah demonizing russia is big business in fact it's pretty much what gave birth to the military industrial complex all the way back when eisenhower coined the term but thankfully at least the czech republic is not buying into the fear mongering their defense minister martin said a big no to nato stationing permanent troops in his country to counter the threat of something happening because of the chaos in ukraine he mentioned that the czechs didn't like permanently stationed soviet troops in their country and that they didn't want long term foreign fighters there now i bring this up for two reasons firstly an e.u. politician actually presented a logically consistent argument which is a rare treat nowadays and secondly using all the little nato countries are not in the organization to make d

is considered to be a safe haven currency but has lord keynes once told us the market can remain irrational longer than you or i can remain solvent and as i like to say my corollary to that is the market will return to rationality the moment you've been rendered insolvent it's just the market's a harsh beast it makes no sense to me but i guess the geography incumbent here is what keeps the yen as a safe haven i find it senseless but apparently the fact that japan is so geographically diverse so far away from the problems of russia and ukraine that money wants to or seems to float to japan again it makes no sense to me i have been bearish of the yen for two years i'm short of yen against all other dollars i feel comfortable with that but i would have expected to see this trade begin to work better replicating what it had done earlier last year long ago and it hasn't so i suspect and i'm surprised that it has that yen has retained any safe haven circumstance but it has its interest and when you might have a point which you are afraid that could have something to do with it i mean you know it'