27 Mar 2020

Exceptional US Healthcare = 18% Of GDP & Yet No Masks

Max and Stacy ask how it is that the US economy is 18% healthcare and yet not a medical mask or gown can be had? And is the danger from Covid-19 to the 49-years-old fiat currency system high enough to be fatal?
In the second half, Max interviews macro investor, Dan Tapiero, about central bank and government intervention in the economy: can an exponential growth in the Fed’s balance sheet save us from an exponentially spreading virus? They also discuss gold and bitcoin in an era when central banks are losing control of their monetary system.

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