i am x. kaiser this is the kaiser ri port lots to get to stacey yes well you know we've been talking about the cantillon our class over the past few years since the money printer started going broke loose and the central bank started printing credit for the bailout the global financial system and that how soc gen society in general has actually quantified how much just how much of trillions of dollars has been transferred to the top one percent who own the vast majority of stocks and bonds so how much of the stock market's rise over the last 11 years is due to q e here is an estimate the s. and p. $500.00 would be trading closer to $1800.00 without fed bond buying says society in general right now is that $3500.00 it should be at $1800.00 if it weren't for the fed buying up all the basically the bad assets off the banks' balance sheets yeah this has a lot of implications ok so without the money printing the markets would be 5060 percent lower ok that's point number one point number 2 is that asic un

i am x. kaiser. this is the very kind to report in, oh, never discount the power of meaning. this max, my favorite mean of all time, really i think gets to the heart of all the stuff that is going on. whether it was the failure to predict what happened in 2016, both in the us election and breaks that. and now in 2020, is that when you create this fantasy world around you of money printing price, propaganda, and political misunderstanding where you never leave your bubble on twitter of all blue checkmarks where you never leave your manhattan elite circles or d.c. circles, then you don't understand the people and once again, you know, as we saw, and as we see this unfolding boat disaster around us. this mean tells everything you need to now. it's, here's the screaming pollsters, the screaming mainstream cable news media yelling at the people that the people got it wrong. they got it wrong. it's, this is reality. that's the cat called reality. you know, i love this me and you know, every time i see the social media, oh, it's gevo. you know, because 1st of all the greatest names o

i am x. kaiser this is the kaiser ri port lots to get to stacey yes well you know we've been talking about the cantillon our class over the past few years since the money printer started going postal the central bank started printing credit for the bailout the global financial system and now soc gen society in general has actually quantify how much just how much of trillions of dollars has been transferred to the top one percent who own the vast majority of stocks and bonds so how much of the stock market's rise over the last 11 years is due to q e here is an estimate the s. and p. $500.00 will be trading closer to $1800.00 without fed bond buying says society in general right now is at $3500.00 it should be at $800.00 if it weren't for the fed buying up all the basically the bad assets off the banks' balance sheets yeah this has a lot of implications ok so without the money printing the markets would be 5060 percent lower ok that's point number one point number 2 is that asic until in fact that mea