discuss boom bust co-host and crypto analyst ben swan an editorial director with the american institute for economic research jeffrey tucker thank you both for being here it seems like about every other monday we're in the same position talking about the latest meteoric rise of bitcoin so ben what happened. and what happened over the weekend to drive the price so i. see it's kind of interesting so we you're absolutely right we're talking about this all the time now it seems like every single week there's a new high and it's not just a new high right it's 5 to 10 $1000.00 higher than we were before which is a pretty significant jump and watching kind of move through this meteoric pace there's a couple things happening what is institutional investment we've talked about this a lot over the last few weeks which is that we see institutional investors coming in you know companies like tesla buying up $1500000000.00 micro strategies buying $1500000000.00 they keep placing orders it's remarkable master cards and it's getting into the space so all that seems to kind of drive this up what happened this weekend though

discuss boom bust co-host and crypto analyst ben swan an editorial director with the american institute for economic research jeffrey tucker thank you both for being here it seems like about every other monday we're in the same position talking about the latest meteoric rise of bitcoin so ben what happened. and what happened over the weekend to drive the price so i. see it's kind of interesting so you're absolutely right we're talking about this all the time now it seems like every single week there's a new high and it's not just a new high right it's 5 to 10000 dollars higher than we were before which is a pretty significant jump and watching kind of move through this meteoric pace there's a couple things happening what is institutional investment we've talked about this a lot over the last few weeks which is that we see institutional investors coming in you know companies like tesla buying up $1500000000.00 micro strategies buying $1500000000.00 they keep placing orders it's remarkable master cards and it's getting into the space so all that seems to kind of drive this up what happened this weekend though

the boom bust co-host and crypto analyst ben swan an editorial director with the american institute for economic research jeffrey tucker thank you both for being here it seems like every other monday we're in the same position talking about the latest meteoric rise of bitcoin so ben what happened. and what happened over the weekend to drive prices so i. see it's kind of interesting so we you're absolutely right we're talking about this all the time now it seems like every single week there's a new high and it's not just a new high i did say it's 5 to $10000.00 higher than we were before which is a pretty significant jump and watching kind of move through this meteoric pace there's a couple things happening one is institutional investors.

that has been the hesitation boom bust co-host ben swan and jeffrey tucker from the american institute for economic research thank you so much for that expert analysis today. and astra zeneca said sunday evening there is no link between its coben 1000 vaccine and recent deaths in europe due to blood clots of the pharma giant which developed the shot with x. for university said of the 17000000 people vaccinated with their drug in the e.u. and u.k. there have only been 15 cases of deep vein thrombosis and 22 pulmonary embolisms adding quote this is much lower than would be expected to occur naturally in a general population of this size it is similar cross other license koeppen 1000 vaccines a number of nations throughout europe have suspended use of the vaccine due to these concerns the european medicines agency the blocks drug regulator has previously said there is no clear correlation between the vaccine and the clotting issues. meanwhile reuters is reporting that the e.u. is considering holding talks with the maker of russia's sputnik vivax soon as the bloc looks to bolstered efforts its efforts to back t

and investigative journalist ben swan and jeffrey tucker editorial director of the american institute for economic research ben months start with you breakdown for us these comments made by chairman powell. well ok let's start here the chairman palace in chile gets up and says what i think everyone in the world would expect them to say right cryptocurrency these are not that great they're not really going to be valuable they're not a store of value they're more like gold than they are like the dollar well some of those statements are true it probably is more like gold than it is the dollar because gold actually trend since borders and has value long into the future as i believe crypto currency is like that coin will what is wrong about is his claim essentially that they you know he says nothing backs them and therefore they're not worth anything what backs the u.s. dollar because nothing backs out other than really military force i guess that's the only thing that packs a dollar but intrinsically the dollar doesn't have value and that's why it's called a fee currency it only has value by declaration so the

and investigative journalist ben swan and jeffrey tucker editorial director of the american institute for economic research all right ben i'll start with you here i know you probably have a lot to say about the name of this program in and of itself so what do we know about operation hidden treasure and how will it run. yes kind of an interesting name is it operation hidden treasure as if it's something that is being hidden from the i.r.s. in some cases i guess it is but the problem of course is going to be the fact that suddenly after years of not really caring about crypto the i.r.s. is obsessed with it and they want to make sure that they're getting their share so here's what we know parents the agents are going to be trained to look at block chains they say to root out tax evasion and get this apparently they're going to be working with private contractors and also with vendors to presumably develop signatures what they're calling them signatures or telltale signs they say of fraudulent activity what this really comes down to though is the idea that that for so long the i.r.s. has not they still don't e

economics professor at trinity college in hartford, connecticut, and president of american institute for economic researchee market think—tank. thanks very much forjoining me today. firstly, does it matter that president biden did not have bipartisan support for any of this? ~ ., , of this? well, it was interesting, - of this? well, it was interesting, he - of this? well, it was interesting, he did l of this? well, it was - interesting, he did campaign of this? well, it was _ interesting, he did campaign to say i am going to be appealing to lots of groups and his first major legislation was totally a partisan issue, so people and his party thought it was great, people on the other party said no, it's too big, it's wasteful, and so the fact that this is the way things are starting as a very interesting, maybe a preview of things to come. i maybe a preview of things to come. ., ., ., ., come. i do wonder about that. now, it is _ come. i do wonder about that. now, it is kind _ come. i do wonder about that. now, it is kind of— come. i do wonder about that. now, it is kind of a _ come. i do wonder about that.

just starting to pick up for joining me to break it all down is president of the american institute for economic research college professor of economics and is here. ed, hello. kennedy: >> good to see you, kennedy. kennedy: let's talk about the corporate tax rates because the trumpet tax cuts lowered it from 28-21% and president biden wants to bump it back up to 28 so what does that, in itself, due to the economy? >> taxing business, including operations, discourages economic activity. we compete globally with companies around the world and the last thing that america should be doing is punishing american business. often times they do it as like we will tax the rich and it's a big corporation but guess what, corporations hire americans and they hire workers and we also purchase things from them so at the end of the day taxing american business is a tax on the average worker, the average investor, as well. it is not as if we're just going to be passing off to a few rich people but this will be discouraging economic activity nationwide. kennedy: and it's the big companies like target and amazon. they never