Has the Fed Created a "False Economy?"
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Economist Dr. Richard Wolff, Capitalism's Crisis Deepens: Essays on the Global Economic Meltdown/Democracy At Work/The New School joins Thom. How The Best In America Came To Be & Nathan Leamer, R Street Institute joins Thom. Donald Trump is accusing Janet Yellen of playing politics with interest rates and creating a "false economy." For more information on the stories we've covered visit our websites at thomhartmann.com - freespeech.org - and RT.com. You can also watch tonight's show on Hulu - at Hulu.com/THE BIG PICTURE and over at The Big Picture YouTube page. And - be sure to check us out on Facebook and Twitter!
Comments
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Donald Trump, "The stock market is gonna go way down...most likely..possibly."
You can see that Trump is a snake from that comment. Most likely. Possibly. He is a weasel who giving himself an out as soon as he says something. He is so sure he knows what he is talking about...most likely...possibly...very likely NOT. -
Surprisingly Richard sounds a lot like Ron Paul here. #EndtheFed
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us is a big ship with containers on it...trump is to late...
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Janet Yellen can just pack up and look for a nanny job
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THE POOR SPEND MONEY ! THE RICH HOARD MONEY !!!
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OBAMA IS HALF TIME SHOW IN GOP SECOND DEPRESSION
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TRICKLE DOWN ECONOMICS IS A THREE DECADE GOP HOAX ! TRUMPSTER WILL GIVE YOU ANOTHER DECADE !!!
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Not even mutiny can save the ship now, the captain has sat on his hands for far to long.
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+Peter Schiff Ahaa
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the Federal Reserve tool box:
Reduce rates to 0.
Forward guidance.
Quantitative easing.
Helicopter money.
Negative interest rates.
Open market operations.
but there's only one selution: Deleverage -
Can we ever learn our lesson? The government shouldn't have done anything to begin with! If they would have let things flush through, we would have a great economy by now!
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It's not capitalism and freedom that is failing! It is the banking system, which is already in defiance of the US Constitution. Go figure. When you put a bunch of thieves loose in a nation, the result is mayhem.
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Richard Wolff for Precedent! '-)
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How are we using Capitalism when we use a Central Banking System which is from the Communist manifesto we do not have Capitalism .
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The people who say I am a Democrat I am a Republican should say I am a Dummy because there is but one party the rich against the people, that's it folks have a nice day.
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... No.
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the problem is not capitalism, the problem is government messing with the system, we have not had true free markets for sixty-five years. every year the government adds more regulation and laws that screw it up, wich is what our Constitution was designed to stop,but we no longer adhere to the Constitution.
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Exodus in 3...2....1....Hillary 2016!
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Thank YOU Richard ! ....... Thank YOU Tom !
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The longer the period of low interest rates, the worse the final crash. Always in history.
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