Last Of The Fiat Notes ~ The 50 Pound Note +

"Distracting people with identity politics, never talking about economics."

Max and Stacy discuss the stupidity of negative interest rates as $13 trillion in negative yielding debts get forced onto pension funds which are guaranteed losses on their investment. They also discuss why Alan Turing should be on the £50 note, it’s very fitting that the man most responsible for setting in motion the demise of fiat should grace the last of the fiat notes.
In the second half, Max talks to Chris Martenson of PeakProsperity.com about the choice between ‘greatness and oblivion’ in our environmental and economic policies going forward. They also discuss whether or not the U.S. can go negative on their sovereign debt yields and still retain its reserve currency status.

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Max and Stacy discuss the fact that bitcoin has now hit the big time as the US central bank, the Treasury, the Congress and the President all start talking about it. In the second half, they talk to Craig Hemke of the TFMetalsReport.com about the return of the bull market in gold. 

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