Here’s a great video that pits Bill Fleckenstein versus Barton Biggs and a perpetually lost Bloomberg moderator.
It in, Fleckenstein leaves the Fed’s central planning model in ruins as he sets the record straight on the matter.
The big takeaway, though, is that both Biggs and Fleckenstein both believe that QE2 won’t end well in the long run.
Related Articles:
Hoenig: QE2 May Lead to “future instability”
Jim Grant on the Fed’s “Mission Creep”
Jim Grant: “The Fed is out of its lane”
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