CSPAN Washington This Week July 20, 2014
Problems and what potential solutions might be to those problems. The quantitative easing, do you believe the unintended consequences of qe1, 2 and 3 with all the bond buying, that its forcing people into the stock markets creating this bubble . I think an environment of low Interest Rates in general, which have been promoted by our, both our keeping the federal funds rate at zero and additional by our purchases, low rates do have an incentive to push individuals to look for yield, to reach for yield. That is both a good thing and a bad thing. On the one hand, we need healthy risk taking in or...