Bill Fleckenstein and Barton Biggs debate QE2 on Bloomberg TV. Fleckenstein: The Fed thinks it can print its way to prosperity, deciding things "in old Politburo fashion" - and maybe it won't be abolished, but "they'll be taken out of... the 'let's guess the right interest rate to run the world' game." Biggs: Bernanke did what he had to in order to get asset prices up; "Mr. Market's a pretty good forecaster of the economy."
Bill Fleckenstein and Barton Biggs debate QE2 on Bloomberg TV. Fleckenstein: The Fed thinks it...
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