Former Reagan White House Budget Director: This Isn’t Going to End Well. The Fed Has Painted Itself Into A Corner. It’s Violated Every Rule Of Sound Money That Ever Existed. All Interest Rates Are Manipulated. The Yield Curve Is Artificial…

Friday, June 28, 2013
By Paul Martin
June 28th, 2013

David Stockman The Fed Created a Bubble Machine – Global Economic Crisis

Has the Federal Reserve’s ultra-easy money ZIRP policies destroyed honest market price discovery and inflated a massive asset bubble? Outspoken former Reagan White House budget director David Stockman thinks so and believes the Fed has created a massive bubble. He sounds off on the Fed and the huge financial challenges we face in the months and years ahead.

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