Returning SBTV guest Charles Hugh Smith, editor of the OfTwoMinds blog, calls the Federal Reserve an evil organization. Their meddling in the economy results in the concentration of wealth to those at the top of the wealth pyramid and is fueling asset bubbles, creating widening wealth inequality.
Discussed in this interview:
01:53 Where has the trillions printed gone?
05:12 Gap between Fed's theory vs reality
08:29 Fed-created cartels
16:19 The Fed is evil
23:19 Controlling issuance of money to control the populace
26:15 Outlook for 2020
28:46 Crazy highs in U.S stocks
35:43 Diversification wealth & jurisdiction?
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