Detailed text transcripts for TV channel - MSNBC - 20120609:12:14:00
And because i made peter sit through an 8-minute monologue, i will view the floor first to respond. >> first of all, i think you overestimate what the fed can do to help the economy. you don't create economic growth for a jobl by creating money. what you do have to create is money. it is the principle rates that are the principle cause of the housing bubble. and therefore, the fed is to blame for the financial crisis that ensued. so right now, we don't need more cheap money. that is preventing the economy from restructuring that will give us lasting growth. that's going to bring on some short ...
Source: news source