Max Keiser Quotes

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.

Bitcoin’s revolution: an impossible-to-counterfeit digital store of value that can be used as money, that has no sovereign, or central bank involved, that can be sent anywhere instantly at virtually no cost, is irresistible. Anyone who uses it is converted.

China became the second biggest economy in the world by pegging their currency to the dollar at an artificially cheap rate.

The bitcoin protocol is about mining bitcoin, not pricing bitcoin. There is nothing in the protocol about establishing a market price for bitcoin; you need a market for that, but what if all the exchange markets are shut down?

The entire political class and ruling Wall Street class are zero-percent-interest zombies who talk about ‘deflation’ in the value of their second, third, and fourth homes. This is paper-deflation, zombie-deflation, and has nothing to do with the real economy.

I follow Rick Falkvinge, who founded the Swedish Pirate party and was one of the very early adopters of Bitcoin.

I’m against having a Fed. It’s socialism in its worst form. But until the Fed is gotten rid of, the only economic variable the poor have to counteract the injustices of the Fed is the minimum wage law.

I think anybody who is interested in keeping their money safe from the criminal banking system would want gold, silver, and Bitcoin.

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.

Success of bitcoin and the exchanges that deal in it could be interpreted by some to mean the demise of central banks, Wall Street, and the Washington insiders who trade on inside information and market manipulation.

If the Karmabanque hasn’t worked, it’s because there isn’t yet a critical mass of people who are prepared to fight back and who instead prefer to be victims.

By tying minimum wage to money supply, the poor’s income would rise and fall with the rise and fall in money supply.

Minimum wage law is the ‘People’s Fed.’ Tie minimum wage to money supply. If there is pushback against this idea, then shut down the Fed and its ability to distort the economy, penalizing labor, or make the Fed’s distortions available to all businesses and all workers.

I am pro-capitalism, and I am pro-free market.

Big banks, highly leveraged casinos, do whatever they can to keep the cost of their gambling as cheap as possible. This means keeping interest rates as cheap as possible.

Activists need to educate themselves about the power of crypto currencies like Bitcoin, invented in 2009, and use crypto to leverage the success of their independent media gains to tip the balance of power away from the troika in ways that could never happen by backing a political candidate.

Bitcoin’s success will guarantee Bitcoin’s success.

Most stocks bought and sold on Wall Street are held in what’s called ‘street name.’

There are three main controllers of power here in Britain: the political establishment in Westminster, the BBC (MSM), and the Bank Of England.

Activists can improve their alternative media success by embracing alternative currencies like Bitcoin.

Bitcoin represents the first major breakthrough in economics and finance since double-entry bookkeeping was invented in 1494, and activists need to embrace its power.

As more wealth and political power is amassed – as bitcoins rise in value – Congress and various lobbying groups will be influenced to an ever greater extent by the interests of Bitcoin owners who – in turn – will lobby to keep the Internet and Bitcoin alive and growing.

Through bitcoin, the Argentines are developing an economy which doesn’t require the bankers.

I believe the world economy will crash when Russia or China moves to a gold-backed currency. They know that when this thing blows, the old law returns: he with most gold makes the rules.

Bitcoin is probably the most portable money in the history of the world. I can download any amount onto a thumb drive and walk across any border without any problems. Or, I could commit to memory a line of code that I can then input into the network and save or spend Bitcoins.

World’s major powers, including China and Russia, don’t want to ‘finance’ American military adventures anymore.

As money, Bitcoin achieves two objectives; it’s both a unit of transaction as well as being a store of value. The U.S. dollar, for example, is a unit of transaction, but it is not a store of value.

The pro-gun advocates point to the 2nd amendment of America’s Constitution, citing Americans’ right to bear arms as a protection against tyrants. Pro-Bitcoin advocates want protection against tyrants, too. The difference is how these two groups define tyranny.

Russia’s economy is both cursed and blessed by oil. When the oil price goes up, there is a tremendous ‘wealth effect‘ spilling over into all corners of the economy, but this diminishes the drive to develop other industries to diversify away from overreliance on oil.

Money is catching up to the technological trends transforming all aspects of society and business; entertainment, insurance, health-care, gaming, leisure, retail – all commercial and social verticals are going digital – including money itself.

We must continue to educate the masses and encourage savings in Bitcoin to truly drain the kleptocratic swamp ruling our financial system.

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.

Tony Blair personified the shift away from democracy, towards control by bankers.