Fed Has Become 'Serial Bubble Machine': Stockman

[Delenda Carthago]

April 1 (Bloomberg) -- David Stockman, former director of the Office of Management and Budget under President Ronald Reagan, talks about the impact of Federal Reserve policy on financial markets and the outlook for the U.S. economy. Stockman, author of “The Great Deformation: The Corruption of Capitalism in America,” speaks with Betty Liu on Bloomberg Television's "In the Loop." (Source: Bloomberg)


http://www.bloomberg.com/video/stockman-fed-has-become-serial-bubble-machine-t7_TID8JTg6lE4SqRtBazg.html