Bad Monetary Policy News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Trillion accumulateded trade deficits. that's not due to bad trade deals. >> technology. >> it's due to bad monetary policy. in other words, what we've done is basically exported much of our industrial economy to the rest of the world through cheap money. we've loved the middle class to have a high living standard by borrowing. but the jobs now are in china, mexico and a lot of other places. now, if he wants to attack the problem, forget about attacking nafta and go over to the eackles building and clean house. that's where the problem starts. >> david, we could talk for a long time. we're goi...

Much. i just want to add a quote from a famous economist. stock prices have reached what looks like a permanently high plateau. permanently high plateau. that was irving fisher days before the stock market crash of 1929 which belongs in a big book of wrong-handed quotations from the '20s along with who the hell wants to hear actors talk. with these record-breaking dow numbers, should we be worried about a bursting bubble? after all, the dow hit over 14,000 in october 2007 before the crash. i want to bring in peter schiff, ceo of euro pacific capital, who correctly predicted the housing market ...