welcome back to the kaiser report imax keyser time out to go to rick ackerman of rick ackerman dot com is a former market maker turned stock picker and newsletter publisher rick welcome back max thanks for inviting me on always a pleasure now you write that biden's $2.00 trillion dollar project that he's working on is a trojan horse what i mean by that supposedly about 5 percent of that money is for potholes roads and bridges and the other 95 percent is in one way or another toward what we call social engineering and there's even a little bit of weather control when they're so i'm afraid that this 2 point truly in dollar stores or kit is just a down payment on an environmental plan that could cost a lot more no boondoggle left behind it seems like we're getting back to the a period in american economic history of boondoggles and because the folks who put those up of course make a lot of money at the expense of the taxpayer looks like taxes are going up across the board wreck what do you think just great you know the stock market hasn't figured that out yet if they're serious about rais

welcome back to the kaiser report i'm max keiser time had to go to our conversation with rick ackerman of rick ackerman dot com he's a former market maker and he's also a stock picker newsletter publisher rick walker back thanks for having me one max all righty wreckless kept from finish up what we were talking about inflation versus the flesh and we've been talking about this for a few years i think the breakthrough for me on this conversation listening to you again and you've been right about this now for years where a lot of other people have been wrong in there you've been really saying the dominant theme here is deflation is the fact that and we'll touch on it now again you say ok it's one thing to reflate stocks and to boost stocks and to buy bonds but when the pension system starts to collapse like we're seeing in illinois and presumably that will spread to other states that's a that's a deflation and a of a whole nother magnitude can eat can you pick up on that and talk a little on it. sure i think you need to look at deflation as a process by which many many zeros are going to

welcome back to the kaiser report i'm max keiser time had to go to our conversation with rick ackerman of rick ackerman dot com he's a former market maker and he's also a stock picker newsletter publisher rick walker back thanks for having me one max all righty wreckless kept from finish up what we were talking about inflation versus deflation we've been talking about this for a few years i think the breakthrough for me on this conversation listening to you again and you've been writing about this now for years where a lot of other people have been wrong in there you've been really saying the dominant theme here is deflation is the fact that and we'll touch on it now again you say ok it's one thing to reflate stocks and to boost stocks and to buy bonds but when the pension system starts to collapse like we're seeing in illinois and presumably that will spread to other states that's a that's a deflation and a of a whole nother magnitude can eat can you pick up on that and talk a little on it. sure i think you need to look at deflation as a process by which many many zeros are going to d