Is the Fed a Perpetual Bubble-Maker? David Stockman Discusses

http://www.youtube.com/watch?v=OtOsg_-AUWA

David Stockman discusses whether the Federal Reserve is creating destabilizing bubbles and liberating the financial system from the domination of government policy. Stockman talks about the connection between debt and leverage, whether we have more to fear from public or private debt, and whether our economic system embodies crony capitalism.

via Is the Fed a Perpetual Bubble-Maker? David Stockman Discusses - YouTube.

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