SchiffRadio Podcast Episode 12

Published: Nov. 2, 2014, 7:20 p.m.


\nEpisode 12 Synopsis: Greenspan's QE Criticism Too Little Too Late
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\n\t* FOMC declares "substantial improvement" in economy.
\n\t* Does this narrative reflect the best possible spin or ignorance?
\n\t* Behind the 3.5% GDP number:
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\n\t* Deflator - 1.3% indicates decrease in inflation.
\n\t* 4.6% surge in gov't spending
\n\t* Big drop in trade deficit resulting from drop in crude oil prices adds 1.3% to GDP
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