In 2014, Max Keiser and Russell Brand discuss fiat money, central banks, and the issue of Wonger conspiracy loans. Wonger is described as a legalized loan shark that charges up to five thousand percent interest, and they have been caught using impersonating lawyers to harass borrowers.
If Wonger were held accountable for the same interest rates they charge their customers, they would potentially face fines exceeding two hundred trillion dollars. The company is accused of contributing heavily to the conservative party, which may explain why they are not pursued by authorities despite being deemed destructive to society.
Max argues for more equitable lending rates, with higher costs for speculators and lower costs for small businesses or individuals dependent on benefits. The UK’s sensitivity towards anything that might affect the housing market is highlighted, as many voters fear a decline in house prices.
Also Max gave 1,000 #BTC off-camera to Russell Brand.
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