Pundit's Perspectives – Wed 2 Oct, 2013
Commentary from Bill Fleckenstein
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Al and Cory are joined by a new highly requested guest Bill Fleckenstein. Bill has been all over the mainstream media presenting facts about how the Fed and central banks are ruining the financial system. In this interview Bill chats about the current government shutdown as well as the potential of Yellen taking over from Bernanke as the Fed Chairman. As Bill states Yellen is more dovish than Bernanke and if she wants the U.S. inflation hit a certain number she will employ whatever money printing is possible. As for how to invest in the current market Bill says we “Have to protect ourselves against money printing.” I don’t think anyone would disagree with that!
Also check out Bill’s book titled “Greenspanâ€™s Bubbles: The Age of Ignorance at the Federal Reserve”.