The US, Europe and Japan are all racing to devalue their currency. It’s a race to the bottom – which makes one wonder: Do we really want to win? Michael Tanner, Senior Fellow at Cato, also joined the program to talk about National Debt and why Paul Krugman is such an idiot.
Due to technical difficulties, the first segment of the show is not available on this podcast.
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Hussman's Open Letter to the Fed; The Problem with Bubbles; Textbook Pre-Crash Bubble; Reflections on Not Chasing Bubbles; Integrity vs. Respect | Mike Shedlock