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Central Banks Want Permanently Low Interest Rates – Mark Skousen
TND Podcast Spotlight: Wall St. for Main St. |
Jason Burack of Wall St for Main St had on returning guest Mark Skousen. Mark is the found of Freedom Fest, professor, successful newsletter writer and author of more than 20 books on investing and economics.
Mark’s impressive full bio can be found here: http://www.markskousen.com/about-mark…
During this 30+ minute interview, Jason asks Mark about the Keynesian endgame and if he thinks all Keynesian QE, stimulus, tricks are all massively failing at once.
Mark thinks the Keynesians can keep asset price inflation going for awhile longer as long as consumer prices on the CPI are hidden compared to the rise in asset prices.
Jason and Mark discuss many very interesting topics including what Milton Friedman would say about Japan if he were still alive today, why Milton Friedman hated gold, are the Fed/BoJ/ECB taking turns now with QE, what Mark likes best about Austrian School Economics and where does Mark see value in the stock market since he’s been a successful investment newsletter writer for decades.
Mark also talks about his extensive research on why GDP statistics are so incorrect and a new way to measure the economy, gross output should be used instead http://www.forbes.com/sites/realspin/…
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About Wall Street From Main StreetSource: http://thenewsdoctors.com/central-banks-want-permanently-low-interest-rates-mark-skousen/
