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…
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.