Jim Rickards On Bernanke’s Time At The Federal Reserve
Blog Jan 20, 2014
[youtube width=”560″ height=”315″]https://www.youtube.com/watch?v=FwFYBDKK56c#t=267[/youtube]
Jim Rickards says:
-The Fed should not have bailed out the insolvent banks in 2008.
-Asset prices should have been allowed to go lower.
-The FED is probably insolent already on a mark to market basis of assets.
-Bernanke has pretty much destroyed the FED as an institution.
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