Detailed text transcripts for TV channel - FOXNEWS - 20181014:19:41:00
Policy they had for 8 years, that was deliberately intended to get people to sit on the long bond rate so that people would put money into riskier assets like stocks, so prices went up even though the real economy was kind of lousy, mediocre and rates are going up like james said and people are putting money elsewhere and you think, maybe you get correction? >> well, i think that's right, paul, you cannot overemphasize the fed quantitative engaged in the greatest monetary policy experiment in the history of the world. a lot of people have money in savings, all the money got push intoed stocks,...
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