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Trailer for the movie that the interview footage was apparently done for, which contains the incredibly rare footage of actual Fed members admitting that they did things wrong.
John Hussman Chimes in on the Fed, as ususal, with this most recent letter. I have a hard time disagreeing with his points, but his investment guidance doesn't seem to have navigate all of this very well. Investing primarily has to do with a companies balance sheet, not countries. john-hussman-restoring-the-virtuous-cycle-of-economic-growth
John Hussman Chimes in on the Fed, as ususal, with this most recent letter. I have a hard time disagreing with his points, but his investment guidance doesn't seem to have navigate all of this very well.
I agree with a lot of Hussman has to say in theory, but I think the one issue becomes he didn't believe the Fed's tools had the ability to effect asset prices to the level they did/have. I don't think a lot of Hussman's data is wrong, but you have someone who doesn't believe in an institution's desire to try and cause inflation by any means necessary. The money's going to wind up somewhere - inflating asset prices, inflating commodities, going here then there.
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